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About Waref Residences
Waref Residences is a Sido Development building in Jumeirah Village Circle near Circle Mall, marketed around a lagoon-style pool deck with studios and one- and two-bedroom apartments.
Studios launched from about AED 689,000 and one-bedrooms from about AED 1.06M; the most-cited structure defers 70% to handover, while some portals list 15/58/30 schedules.
Handover is targeted for Q2 2026 (May 2026 on DLD-linked records), with one source citing Q1 2026.
Payment
Payment plan
30/70 — 30% during construction, 70% on handover
At a glance
Waref Residences key facts
- Developer
- Sido Development
- Community
- Jumeirah Village Circle
- Status
- Under construction
- Handover
- Q2 2026
- Starting price
- AED 689K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Payment plan
- 30/70
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 689K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Waref Residences
- 01
Shortlist and reserve
Choose a unit type and view at Waref Residences and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Sido Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q2 2026), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Most of the price due at handover
- Lagoon-style amenity deck
- Short wait to completion
What to weigh
- Payment plan descriptions conflict
- Limited developer track record
- Completion status should be verified
FAQ
Waref Residences — frequently asked questions
What is the starting price of Waref Residences?
Published pricing at Waref Residences starts from AED 689K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Waref Residences?
Waref Residences is scheduled for handover in Q2 2026. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Waref Residences?
30/70 — 30% during construction, 70% on handover
Who is the developer of Waref Residences?
Waref Residences is developed by Sido Development in Jumeirah Village Circle, Dubai.
What unit types are available at Waref Residences?
Waref Residences offers Studio, 1 Bedroom, 2 Bedroom.
Where is Waref Residences located?
Waref Residences is in Jumeirah Village Circle, Dubai.
Can foreigners buy at Waref Residences?
Yes. Jumeirah Village Circle is a freehold area, so buyers of any nationality can own property at Waref Residences outright.
Does buying at Waref Residences qualify for the UAE Golden Visa?
The entry price of AED 689K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Waref Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 28K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Waref Residences?
MRK Real Estate advises on primary purchases and resales at Waref Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Sido Development before any transaction.
