Legado by Prescott: Apartments and Villas in JVC, August 2027 Handover
Prescott Real Estate Development launched Legado in Jumeirah Village Circle's District 14 in September 2024. Construction is under way, with handover scheduled for August 2027. The project covers apartments and villas, priced from AED 1,760,000 to AED 1,950,000, with a 20% down payment to secure. Off-plan buyers entering now sit roughly in the middle of the build cycle, with around 14 months until completion.
District 14 and What JVC Actually Means
JVC sits at the practical heart of Dubai's mid-city road network. From District 14, Sheikh Mohammed Bin Zayed Road and Al Khail Road are within a short drive. Downtown Dubai is around 20 minutes away, Dubai Marina closer to 15 minutes, and Dubai International Airport roughly 25 to 30 minutes in normal traffic. The community supports daily life with schools, supermarkets, clinics, and parks within the circle itself, reducing the need to travel across the city for routine needs.
For an investor, JVC's mid-market positioning draws professionals and families who want more living space than central Dubai offers at comparable budgets. The location supports long-term residential tenants who value road connectivity and community infrastructure.
What AED 1.76M to 1.95M Gets You
The price band is tight: AED 1,760,000 to AED 1,950,000. The spread maps to bedroom count rather than a wide product range. The 2-bedroom apartments start at AED 1.76M, with units running roughly 139-144 sqm. The 3-bedroom configuration steps up to AED 1.95M at a similar footprint.
That spread makes the investor and owner-occupier cases fairly distinct. A 2-bedroom at this price suits an investor targeting families or dual-income tenants. The 3-bedroom at AED 1.95M sits just under the AED 2 million mark, a natural ceiling for owner-occupiers who need a family-sized home at a managed budget.
Apartments and Villas, Each for a Different Buyer
Legado covers apartments and villas within a single project. The apartments include compact layouts through 3-bedroom configurations, giving options to investors, couples, and families at different size points. The villa component suits buyers who want a ground-level home typology with private outdoor access and more separation from neighbors. That profile generally fits families with children or residents who prioritize outdoor space as part of daily life.
What the Amenities Say About the Target Resident
| Theme | Amenity |
|---|---|
| Wellness | Jacuzzi & Steam |
| Fitness | Gymnasium |
| Outdoor | Landscaped Gardens |
| Family | Children's Play Area |
| Convenience | Covered Parking |
| Safety | Security |
The Jacuzzi and steam room gives the amenity set a wellness layer beyond standard gym access. Its presence at this price point signals that Prescott targeted a resident who expects more than a treadmill room. The children's play area and landscaped gardens reinforce a family orientation. Taken together, the amenity list describes a community intended for daily residential use, not transient occupancy.
Getting In Before Mid-2027
Construction started in September 2024. Expected completion is August 2027. Buyers entering today are roughly midway through the construction period, with around 14 months until handover. The early-stage uncertainty has passed, but completion risk remains until the project crosses the finish line.
Getting In for 20%
| Milestone | Payment |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| Handover | 40% |
A 20% down payment on the entry unit at AED 1.76M means approximately AED 352,000 at signing. The remaining 40% spreads across the construction period, payable in installments through mid-2027. The final 40% falls at handover, concentrating the largest single obligation at the 2027 completion date. The structure places most of the capital requirement at the back end, meaning the handover date and the peak payment date are the same moment.