Stax

Pasha One Development · Jumeirah Village Circle · 530 homes · Under construction

A Pasha One Development project under construction in Jumeirah Village Circle: 530 homes, 4% built, with completion promised for Q1 2028 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,445 per sqft.

Updated 27 Oct 2026
Due Q1 20284% built, as reported to the register
530 homesStudios, 1, 2 and 3 bedrooms
Jumeirah Village CircleDubai Land Department project 4013

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2026AED 1,450/sqft
Median paid, Q3 2026AED 1,469/sqft
Sales, Jul 2025 to Jun 2026156
Median paidLatest quarterLaunch quarter AED 1,450
1,4401,460Q1 26: AED 1,450/sqft, 105 salesQ2 26: AED 1,445/sqft, 48 salesQ3 26: AED 1,469/sqft, 73 salesQ1 26Q2 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 20261,450105
Q2 20261,44548
Q3 20261,46973

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ1 20284% builtunder constructionPrice / sqftAED 1,450AED 1,445level with launch, off-plan median
Against the area. Median paid.

3% under the Jumeirah Village Circle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Stax be completed?

The register declares completion for Q1 2028, and the project is reported 4% built.

What do homes in Stax sell for?

From Jul 2025 to Jun 2026, 156 homes sold on the register at a median of AED 1,445 per sqft and AED 1.02M per home. By unit type: Studio AED 731K (36 sales), 1 BR AED 1.03M (98 sales), 2 BR AED 1.67M (22 sales). These are registered deeds, not the developer's price list.

Who built Stax?

Pasha One Development. The project is registered to Pasha One Development on the Dubai Land Department register, which lists 1 project for the developer in Dubai, 1 of them under construction.

How many homes are in Stax?

530, as counted on the Dubai Land Department register. The declared mix: 143 studios, 301 1 BR, 76 2 BR, 8 3 BR.

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