Lucky 1 Residence, JVC
Lucky 1 Residence is a 14-storey residential building in JVC District 13, Jumeirah Village Circle, developed by Lucky Aeon Real Estate Development and completed in 2022. It has about 142 studio to three-bedroom apartments, a pool, a gym and a barbecue area. This guide covers its unit types, amenities, location and Dubai Land Department sale prices for owners weighing a short-let against a long-let.
Developer
Lucky Aeon Real Estate Development
Storeys
14
Units
142 apartments
Unit mix
Studios to 3-bedroom apartments
Completed
March 2022
Location
JVC District 13, Jumeirah Village Circle
About Lucky 1 Residence
Lucky 1 Residence is a 14-storey freehold residential building in JVC District 13, Jumeirah Village Circle, developed by Lucky Aeon Real Estate Development. Construction began in October 2018 and propsearch.ae records completion in March 2022, matching the anticipated date on Dubricks. The architectural consultant was Em Square Engineering Consultants and the foundation work was done by Atlas Foundations.
Dubricks counts 142 units on a plot of 11,275 sq m and lists studios and one-, two- and three-bedroom apartments in a range of numbered layout types. Propsearch.ae gives the project value as AED 42 million, a developer estimate made before construction.
Developer (Lucky Aeon), storeys (14), construction start and completion confirmed by propsearch.ae and dubricks.com. Unit count (142) and unit types from dubricks.com only, which still labels the project under construction on its status field although the Dubai Land Department records on propsearch.ae show sales of registered units through August 2026. The Dubai Land Department files the sales under the building name Lucky Residences, which propsearch.ae maps to this project. DXB Interact has no data for the building and bayut.com publishes no detail page. Propsearch.ae is the primary source, and its transaction records back the pricing below. All live-checked 2026-09-23.
Location and Nearby Landmarks
Lucky 1 Residence sits in JVC District 13, close to a group of small parks: Halfa Park and Qesad Park are each about 0.4 km away and Dhafar Park about 0.5 km.
Five Jumeirah Village is the nearest hotel at 0.6 km. Cinepolis at Circle Mall is about 2.2 km away, Reel Cinemas at The Springs Souk 2.4 km and The Els Golf Club 1.4 km. For the wider picture of the district, see Royale Stays' Airbnb management in JVC page.
Nearby parks, outlets, hotels, cinemas and attractions sourced from propsearch.ae. Used as location colour rather than a load-bearing fact. Live-checked 2026-09-23.
Unit Types and Sizes
Lucky 1 Residence offers studios, one-, two- and three-bedroom apartments, with one- and two-bedroom units dominating recent sales.
Recent Dubai Land Department sales are one-bedroom units of 750 and 867 sq ft and two-bedroom units of 1,143, 1,234 and 1,355 sq ft. Dubricks lists the four apartment types without a size range for each.
Unit types from dubricks.com. Transaction sizes from propsearch.ae's Dubai Land Department records. No source gave a unit split by bedroom or a size range per type. Live-checked 2026-09-23.
Amenities
The amenity list covers the standard set for a building of this size, plus a barbecue area.
Dubricks lists a swimming pool, a gym, a barbecue area, a kids play area, parking, balconies, a jogging track, restaurants and retail stores and CCTV.
Amenity list from dubricks.com only, a portal-authored description rather than a management-company fact sheet, so confirm a specific facility with the building before relying on it. Live-checked 2026-09-23.
Transportation and Access
Lucky 1 Residence is a car-first location, like most of JVC.
By car, it takes roughly 22 minutes to reach Dubai Mall, 17 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 21 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 28 minutes away and Al Maktoum International Airport (DWC) roughly 36 minutes.
Drive times from propsearch.ae, Google Maps-calculated, fastest route in typical traffic. Live-checked 2026-09-23.
Price Guide: Sales at Lucky 1 Residence
Recent Dubai Land Department sale records for Lucky 1 Residence, filtered to genuine Sale-type transactions, show one-bedroom apartments at AED 900,000 to AED 1,030,000 and two-bedroom apartments at AED 1,049,223 to AED 1,510,000 between April and August 2026. Propsearch.ae lists 50 sale transaction records for the building, of which ten are listed on the page.
Five of those ten are usable sales: a 750 sq ft one-bedroom at AED 900,000 on 17 August (AED 1,200 per sq ft), a 1,143 sq ft two-bedroom at AED 1,049,223 on 14 July (AED 918), a 1,234 sq ft two-bedroom at AED 1,295,000 on 6 May (AED 1,049), an 867 sq ft one-bedroom at AED 1,030,000 on 30 April (AED 1,188) and a 1,355 sq ft two-bedroom at AED 1,510,000 on 10 April (AED 1,114). Use Royale Stays' Dubai property ROI calculator to test a purchase price against expected returns.
Sale prices from propsearch.ae's structured Transaction Type and Building Name fields, Building Name Lucky Residences on all ten visible records. Excluded as not being sales: four Mortgage Registrations (AED 630,000, 824,000, 906,000 and 818,320) and one Sale record of AED 208,818 on a 1,121 sq ft two-bedroom, which is far below any comparable and looks like a partial-share or data-entry record. The sample holds no studio or three-bedroom sale. No median or service-charge figure was found for the building. Live-checked 2026-09-23.
Airbnb Income Potential at Lucky 1 Residence
Lucky 1 Residence is a residential building with no hotel operator, so the standard route applies: the owner holds the title, the unit is registered as a holiday home with the Dubai Department of Economy and Tourism, and Royale Stays handles the application, the furnishing plan, photography, pricing, guest check-in, communications and maintenance under a management fee from 15%. Our Airbnb management in JVC page covers how that works across the community, and the wider Airbnb property management in Dubai guide covers the service in full.
What works in its favour: a pool, gym and barbecue area in a 2022 building, parks within a few minutes on foot, and a mix of unit sizes that suits couples, small groups and families. What works against it: it is a car-first location, and a mid-rise building without a skyline view.
Royale Stays does not publish building-specific earnings for Lucky 1 Residence, and no figure on this page should be read as one. JVC is not one of Royale Stays' five core managed areas. If you own here and want a comparison of a furnished short-let against a long-let for your actual unit, the number to call is +971 56 642 4239.
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