Construction Status

35.07%

Payment Plan

60/40

Anticipated Completion Date

25-Dec-2025

60/40

Description Milestone Event (%) Value
Down Payment Immediate 15%
1st Installment Within 0 Months of Sale Date 45%
Payment At Handover On Completion 40%

Details

Title :

The Rings 1

Type :

Free Hold

Project Number :

2767

Completion Status :

Under Construction

Life Cycle :

Developing

Master Development :

Jumeirah 2

Plot Number :

793

Project Configuration :

B+G+6+2R

Number Of Units :

N/A

Number Of Floor :

9

Plot Area :

44,252 Square Feet

Built Up Area :

13,320 Square Feet

Construction Status :

35.07%

Launch Date :

01-Oct-2023

Registration Date :

25-Oct-2023

Construction Started Date :

20-Jan-2024

Anticipated Completion Date :

25-Dec-2025

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A




Description

The Rings 1 Dubai

The Rings 1 – Ultra-Luxury Residences in Jumeirah 2, Dubai

The Rings 1 Dubai is an exclusive ultra-luxury residential development by PMR Property, located in the prestigious Jumeirah 2 district along the Dubai Water Canal. Designed for buyers who value privacy, generous living spaces and an exceptional address, The Rings brings a limited collection of high-end residences to one of Dubai’s most desirable established neighborhoods.

Rather than following the conventional high-rise residential model, The Rings is positioned as a low-rise luxury development with an emphasis on spacious residences, refined architecture and a private lifestyle. The project forms part of a two-building development and has attracted significant attention within Dubai's luxury property market. A 7-bedroom residence in The Rings 1 was recorded at AED 116 million in February 2025, placing the development among Dubai's most expensive apartment transactions of that period.

For buyers searching for luxury property in Jumeirah, ultra-luxury residences in Dubai, or an exclusive home close to Downtown Dubai and the coast, The Rings 1 offers a distinctive proposition.

Prime Location in Jumeirah 2

The Rings 1 is located in Jumeirah 2, an established residential area known for its premium villas, coastal lifestyle and proximity to some of Dubai's most important destinations. Its position near Al Wasl Road provides convenient access to major road connections, including Sheikh Zayed Road.

The location combines the privacy of Jumeirah with convenient access to the city's commercial, cultural and leisure districts. Downtown Dubai, Dubai Mall and the wider Business Bay area are within easy reach, while the Dubai Water Canal adds an attractive waterfront dimension to the setting.

For residents, this means being able to enjoy a quieter residential environment without giving up access to the attractions and business districts that make central Dubai so desirable.

Architecture and Residential Concept

The Rings is conceived as a highly exclusive residential destination rather than a conventional apartment complex. The development comprises two low-rise buildings, with residences designed around generous proportions and an emphasis on luxury living.

The Rings 1 building is reported to rise to 9 floors, with six elevators, a swimming pool and 38 parking spaces. Public property records also identify the development as freehold residential property.

The overall concept focuses on creating residences that feel more like private luxury homes than typical city apartments. Large layouts, private outdoor areas and carefully planned amenities contribute to a residential experience aimed at Dubai's ultra-luxury segment.

Spacious Luxury Residences

One of the defining characteristics of The Rings 1 is the scale of its residences. Available project information identifies large-format homes, including 5-bedroom, 6-bedroom, and 7-bedroom residences, with some layouts extending well beyond 10,000 sq. ft.

The project has been particularly associated with expansive duplex residences. Reported configurations include:

  • 5-bedroom duplex residences

  • 6-bedroom duplex residences

  • 7-bedroom duplex residences

  • Large-format layouts exceeding 15,000 sq. ft. in selected configurations

  • Extensive terraces and outdoor spaces in selected residences

The unusually large floor plans make The Rings 1 particularly suited to buyers looking for substantial family residences, private entertaining areas and a greater sense of space.

Views at The Rings 1

Views are an important part of the appeal of The Rings. Publicly available project research describes selected residences as offering views toward the Burj Khalifa skyline and Dubai Water Canal.

Depending on the residence and its orientation, buyers may benefit from a combination of:

  • Dubai Water Canal views

  • Burj Khalifa and Downtown Dubai skyline views

  • Jumeirah neighborhood views

  • City skyline vistas

  • Open views from expansive terraces

Because views can vary between individual residences, buyers should confirm the exact outlook and orientation of the specific unit before purchase.

A Prestigious Jumeirah Lifestyle

Jumeirah remains one of Dubai's most established luxury residential destinations. Its appeal comes from a combination of coastal living, mature neighborhoods, premium villas, restaurants, cafés and easy access to major parts of the city.

Living at The Rings 1 places residents close to the lifestyle attractions associated with Jumeirah while maintaining a more private residential environment.

The area also provides convenient access to Dubai's beaches, Downtown Dubai, Business Bay and other central districts. This makes the location particularly attractive to buyers who want a prestigious address without living directly inside a high-density commercial district.

Connectivity

The Rings 1 benefits from its location in Jumeirah 2 and its proximity to major roads. Al Wasl Road provides local connectivity, while Sheikh Zayed Road offers an important route toward Downtown Dubai, Dubai Marina and other major destinations.

Dubai International Airport is also within a convenient driving distance, making the project practical for international homeowners and frequent travelers.

The location therefore combines three important advantages: Jumeirah's residential character, proximity to the Dubai Water Canal and accessibility to central Dubai.

What Makes The Rings 1 Special?

The Rings 1 stands apart from many Dubai residential developments because of its limited-scale, ultra-luxury positioning and exceptionally large residences.

Its key differentiators include:

1. Ultra-Luxury Positioning

The Rings targets the top end of Dubai's residential market, with residences designed around exceptional space and privacy.

2. Jumeirah 2 Address

The development is situated in one of Dubai's established premium residential districts, rather than a newly emerging outer community.

3. Dubai Water Canal Setting

The proximity to the Dubai Water Canal adds a distinctive waterfront character to the project and contributes to its views and location appeal.

4. Burj Khalifa Views

Selected residences benefit from views toward the Burj Khalifa and Downtown Dubai skyline, creating an iconic backdrop.

5. Exceptional Residence Sizes

The project offers unusually large residences, including duplex configurations extending into the tens of thousands of square feet.

6. Strong Luxury-Market Recognition

The rings have already appeared among Dubai's most expensive residential transactions. A residence in The Rings 1 sold for AED 116 million in Q1 2025, demonstrating the project's position within Dubai's ultra-luxury property segment.

The Rings 1 for Investors and End Users

The Rings 1 can appeal to both end users and investors looking for exposure to Dubai's luxury residential market.

For end users, the combination of spacious interiors, private outdoor areas, Jumeirah's lifestyle and proximity to the canal creates an attractive primary or second home.

For investors, the project's limited and high-value residential offering places it within a segment of the Dubai market where location, scarcity, architectural quality and residence size can play an important role in long-term desirability.

Recent transaction data also confirms substantial market activity around the project, including recorded sales of large residences. For example, a 6-bedroom residence measuring approximately 11,302 sq. ft. was registered at AED 69 million in April 2024.

The Rings 1 – A Private Expression of Dubai Luxury

The Rings 1 represents a different side of Dubai real estate. Instead of focusing on a large number of compact residences, the project centers on scale, privacy, exclusivity and exceptional residential proportions.

Its Jumeirah 2 location provides access to the Dubai Water Canal and central Dubai, while the project's low-rise character and expansive residences create a more private atmosphere.

For buyers seeking a luxury residence in Jumeirah, particularly those who value large floor plans, premium amenities, skyline views and proximity to the city's key destinations, The Rings 1 deserves consideration.

With PMR Property behind the development and a location that combines Jumeirah's established prestige with the appeal of the Dubai Water Canal, The Rings 1 is positioned as one of the more distinctive ultra-luxury residential addresses in Dubai.

Location

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"