Developer: PMR Development · Jumeirah 2

The Rings

The Rings is a residential project by PMR Development in Jumeirah 2, Dubai, with prices from AED 69 000 000, planned handover Q4 2025, construction 35.1% complete per the DLD registry, 13 units.

Price fromAED 69 000 000Developer supplied
Planned handoverQ4 2025Developer supplied
Construction35.1%DLD registry · checked 26.08.2026
Units13DLD registry
Mortgage~AED 291 370/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeSize, sq.ft
5 Bedroom9 613
6 Bedroom12 572–15 123
7 Bedroom19 192

Payment plan 60/40

The purchase price is split into these stages.

115%Down payment
245%During construction
340%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 69 000 000 AED is 291 366 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

35.07%
  • StatusActive
  • Construction started20.01.2024
  • Planned handover (developer)Q4 2025
  • Status date26.08.2026
  • Progress between DLD inspections+6.49% (08.06.2026 → 26.08.2026)
  • Escrow bankCommercial Bank of Dubai
  • Scale2 bldg
  • DLD project number2767

Data from the Dubai Land Department project registry (updated 11.10.2026 09:55).

Inspection history 9
025507510021.09.202326.08.2026
Actual, per inspections

Pace: 1.69% per month. At this rate 100% falls on 08.11.2029.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 84
26.08.2026 35.07%
The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 1 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 2 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 3 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 4 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 5 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 6 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 7 of 8The Rings, Jumeirah 2 construction progress — 26 August 2026, 35.07% complete, photo 8 of 8
08.06.2026 28.58%
The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 1 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 2 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 3 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 4 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 5 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 6 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 7 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 8 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 9 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 10 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 11 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 12 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 13 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 14 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 15 of 16The Rings, Jumeirah 2 construction progress — 8 June 2026, 28.58% complete, photo 16 of 16
25.03.2026 24.30%
The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 1 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 2 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 3 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 4 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 5 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 6 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 7 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 8 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 9 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 10 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 11 of 12The Rings, Jumeirah 2 construction progress — 25 March 2026, 24.30% complete, photo 12 of 12

48 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
16.07.20265 B/R790.565 000 000
25.02.20255 B/R801.362 000 000
25.02.20255 B/R790.959 000 000
06.02.20257 B/R1 592.6118 000 000
05.04.20246 B/R1 050.069 000 000
15.11.20214 111.237 761 000

Dubai Land Department transaction registry, updated 10.10.2026. Explore Dubai property transactions →

Amenities

  • Well-being and Fitness
  • Cafe and Restaurants
  • Yoga room
  • Shared Pool
  • Children's Play Area
  • Shared Spa
  • Shared Gym

Places nearby

🧸 Small World Nursery · 0.6 km🌳 Safa Park · 0.8 km🎓 Horizon English School Dubai · 0.9 km🎓 Dubai British School Jumeira · 0.9 km🎓 JSS Private School LLC · 1.0 km
The Rings

About the project

The Rings is a residential development by PMR Development in Jumeirah 2, along Dubai Water Canal. The registered scheme comprises two buildings and 13 units, configured as Sky Mansions and Sky Palaces with five-, six- and seven-bedroom duplex and triplex layouts. The project is active, with a reported completion ratio of 35.07% and completion scheduled for Q4 2025.

A two-building canal-side residence collection

The Rings is planned as a pair of boutique residential buildings on Dubai Water Canal in Jumeirah 2. The registered building configuration is basement, ground floor, five upper floors and a roof, with a concrete structure, blockwork and internal and external finishes. Across the two buildings, the development has 13 registered units. The collection is presented as Sky Mansions and Sky Palaces, concentrating on large-format duplex and triplex homes rather than conventional apartment layouts. Residences are described with views towards Dubai Water Canal, Safa Park, Burj Khalifa and Burj Al Arab. This is a limited residential scheme within a district otherwise characterised by villas, low-rise homes and small residential compounds.

Architecture, interiors and private residence facilities

PMR Development has partnered with Foster + Partners for the development’s design, while Emirati artist Mattar Bin Lahej contributes to the façade’s visual identity. The residences are designed with floor-to-ceiling windows, garden terraces and private swimming pools. Each home is described as including a private gym, cinema and entertainment area, together with a personal elevator. The arrival sequence includes a double-height lobby with reflective pools. Underground parking is planned with individual pods connected to personal car showrooms and residential lifts, creating a direct route between parking and each residence. The combination of duplex and triplex layouts, private facilities and dedicated arrival arrangements defines the residential format at The Rings.

Residence types

The Rings offers five-, six- and seven-bedroom residences under the Sky Mansion and Sky Palace names. These homes are configured as duplexes and triplexes, with private elevators serving the individual residences. Private swimming pools, gyms, cinemas, entertainment areas and garden terraces form part of the described residential offering. Floor-to-ceiling glazing is intended to bring natural light into the interiors while opening towards the canal, Safa Park, Burj Khalifa and Burj Al Arab. The project’s 13-unit scale and two-building configuration mean the number of homes is limited across the full development. The range is focused on multi-bedroom residences rather than studios, one-bedroom or two-bedroom homes.

Shared amenities and daily-use spaces

The development’s shared facilities include a wellness centre, yoga and meditation spaces, a lounge, a cigar room and a children’s playground. The entrance lobby is designed as a double-height space complemented by reflective pools. In addition to the private pools described for the residences, the amenity offering includes a swimming pool and infinity pool. Dining outlets, restaurants and retail outlets are also included in the listed facilities, alongside a gymnasium and kids’ play area. Beach access is part of the stated amenity collection. These facilities sit alongside the in-residence gyms, cinemas, pools and terraces provided within the Sky Mansions and Sky Palaces.

Jumeirah 2 and surrounding connections

The Rings is located in Jumeirah 2, a residential subcommunity within the wider Jumeirah district. Dubai Water Canal runs through the southern part of the area, while Jumeirah Street and Wasl Road provide north-south road access and retail and service frontages. The community is positioned 3.3 km from Burj Khalifa and Downtown Dubai, 3.9 km from The Dubai Mall, 2.7 km from Business Bay and 4.4 km from DIFC. Dubai International Airport is 14.0 km away, while Dubai Marina is 16.4 km away. Within the district, established streets are predominantly lined with villas and low-rise housing, with independent shops, clinics and cafés along the main roads.

Payment structure and project timeline

The starting price for The Rings is AED 69,000,000. The payment plan is structured as 60/40: 15% is payable on booking, 45% during construction and 40% on handover. The development has a stated handover period of Q4 2025, with a completion date of 25 December 2025. Construction began on 20 January 2024. The project is active and has a reported completion ratio of 35.07%. The registered development contains 13 units, and its total registered area is 13,319.87. Buyers considering the project can therefore assess a defined unit count, a stated three-stage payment allocation and a scheduled completion date.

PMR Development

The Rings is developed by PMR Development, a developer founded in 2008. PMR Development is the name used for the project’s developer identity. The company has partnered with Foster + Partners on The Rings, with Mattar Bin Lahej contributing the façade’s artistic treatment. The development brings together a two-building format, 13 registered residences and multi-bedroom duplex and triplex layouts on Dubai Water Canal. Its design includes personal elevators, private pools, gyms, cinemas, garden terraces and underground parking pods connected to private car showrooms and residential lifts. Completion is scheduled for Q4 2025.

Service charge: what to expect

The building is still under construction, so it has no RERA-approved budget yet — that comes after handover. The figures below are what already-completed buildings in the area pay.

Area median111.56 AEDper sq ft per year · 1,201 AED/m²
Range in the area31.61 – 118.30AED per sq ft · 9 buildings
A 1,000 sq ft unit≈ 111,560 AEDper year at the median · ≈ $30,377
vs Dubai median▲ +596.8%Dubai 16.01 AED/sq ft

Check the charge for a specific building →

Median across 9 completed buildings in Jumeirah 2 for 2026, from the DLD service charge index (Mollak). This is an area benchmark, not this project’s rate: RERA approves that after handover and it may land either side of the median.

Frequent questions

Who is the developer of The Rings?
The Rings is developed by PMR Development, founded in 2008.
Where is The Rings located?
The Rings is in Jumeirah 2, along Dubai Water Canal. The project is 3.3 km from Burj Khalifa and Downtown Dubai and 4.4 km from DIFC.
What is the starting price at The Rings?
The starting price is AED 69,000,000.
What types of residences are available at The Rings?
The project offers five-, six- and seven-bedroom Sky Mansions and Sky Palaces. The residences are configured as duplexes and triplexes.
How many units are there at The Rings?
The Rings has 13 registered units across two buildings.
What is the payment plan for The Rings?
The 60/40 plan requires 15% on booking, 45% during construction and 40% on handover.
When is handover for The Rings?
Handover is scheduled for Q4 2025, with a stated completion date of 25 December 2025.
What is the construction status of The Rings?
The project is active, with a reported completion ratio of 35.07%.
What amenities are included at The Rings?
Facilities include a wellness centre, yoga and meditation spaces, a lounge, cigar room, children’s playground, swimming pools, dining outlets and retail outlets. Residences are described with private pools, gyms, cinemas and garden terraces.
How can I buy an apartment in The Rings?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:The Rings — Continental Club Property, from Dubai Land Department registry and developer data, 2026-08-02, https://continentalclub.ae/project/the-rings-jumeirah-2/