Jumeirah Village Circle
Shape
Homes
Residences
Handover
Jun 2028
Status
Coming soon
Price on request
by Redix One Real Estate
Shape is a current off-plan development by Redix One Real Estate in Jumeirah Village Circle, Dubai, registered with the Dubai Land Department (project 4412). Declared project value: AED 175M. Scheduled handover: Jun 2028. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.
Project details
Developer
Redix One Real Estate
Community
Home types
Residences
Handover
Jun 2028
Project status
Coming soon
Construction
0% complete
DLD project no.
4412
Escrow
RERA-regulated account
Location
Shape is in Jumeirah Village Circle, Dubai. The map shows the area, not the exact plot.
Open in Google Maps ↗Jumeirah Village Circle in numbers
Sales recorded
13,562
Median price
AED 1.05M
Median price per sqft
AED 1,500
Gross rental yield
8%
Jumeirah Village Circle recorded 13,562 registered sales in the 12 months to Sep 2026, at a median of AED 1.05M, or AED 1,500 per square foot. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Shape questions
Where is Shape located?
Shape is in Jumeirah Village Circle, Dubai, Dubai. It is registered with the Dubai Land Department as project 4412, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Shape hand over?
The developer has scheduled handover for Jun 2028. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Shape?
Shape is developed by Redix One Real Estate. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Jumeirah Village Circle sell for?
Jumeirah Village Circle recorded 13,562 registered Dubai Land Department sales in the 12 months to Sep 2026, at a median of AED 1.05M and AED 1,500 per square foot. Shape has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Shape have?
Residences. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Jumeirah Village Circle a good area to invest in?
On the numbers, Jumeirah Village Circle is an active market: 13,562 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 1,500 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Shape?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Shape?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.