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THE RINGS

Under construction

Developed by P M R DEVELOPMENT L.L.C. Located in Jumeirah Second.

Construction progress12%Expected 25 Dec 2025
Units132 buildings · 0 villas
Registered sales61 in the last 12 months
Median sale priceAED 63.50MMedian of registered salesAED 6,907/sqft

Registry record

Project number
2767
Name on the register
الخواتم
Developer
P M R DEVELOPMENT L.L.C
Master developer
مراس العقارية (ش.ذ.م.م)
Escrow agent
COMMERCIAL BANK OF DUBAI(PSC)
Zoning authority
Dubai Municipality
Master project
Dubai Water Canal
Start date
20 Jan 2024
Expected completion
25 Dec 2025
Actual completion
25 Dec 2025
Cancelled
Not recorded
Plots
0
Progress
12%

Residential building consisting of basement + ground floor + 5 floors + roof.The project designed to have a concrete structure and block with internal and external finishes.

Sales evidence

Median size
9,964 sqft
Median price per sqft
AED 6,907/sqft
Total value transacted
AED 410.76M
Off-plan vs ready
5 off-plan · 1 ready
First sale
15 Nov 2021
Latest sale
16 Jul 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
16 Jul 2026Jumeirah SecondTHE RINGSDubai Water CanalFlatOff-Plan Properties5 B/R8,509 sqftAED 7,639/sqftAED 65,000,000
25 Feb 2025Jumeirah SecondTHE RINGSDubai Water CanalFlatOff-Plan Properties5 B/R8,625 sqftAED 7,189/sqftAED 62,000,000
25 Feb 2025Jumeirah SecondTHE RINGSDubai Water CanalFlatOff-Plan Properties5 B/R8,513 sqftAED 6,931/sqftAED 59,000,000
6 Feb 2025Jumeirah SecondTHE RINGSDubai Water CanalFlatOff-Plan Properties7 B/R17,143 sqftAED 6,883/sqftAED 118,000,000
5 Apr 2024Jumeirah SecondTHE RINGSDubai Water CanalFlatOff-Plan Properties6 B/R11,302 sqftAED 6,105/sqftAED 69,000,000
15 Nov 2021Jumeirah SecondTHE RINGSDubai Water CanalLandExisting PropertiesNot specified44,252 sqftAED 853/sqftAED 37,761,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.