Prestige One in Dubai: Golf Residences and the developer's other projects for a South African buyer
Prestige One is the developer Orven puts first in Dubai, with seven verified projects. Why Golf Residences, with its two and three-bedroom homes at Dubai Sports City, suits a family buyer from Johannesburg or Cape Town, and how to reserve under South African exchange control rules.
A family-sized home rather than a compact investment unit
South African buyers who approach Orven are, more often than the average client, looking for a home the family will actually use for part of the year rather than a purely rental-focused studio. Golf Residences answers that brief directly: it is the only project among Prestige One's seven where every unit is two or three bedrooms, with no studios or one-bedroom apartments in the mix.
The seven Prestige One projects
| Project | District | Unit types | Payment plan |
|---|---|---|---|
| Golf Residences | Dubai Sports City | 2 and 3 bedrooms | 20% booking, 20% construction, 60% handover |
| Hilton Residences | Dubai Maritime City | 1 to 3 bedrooms + penthouses | 20% booking, 40% construction, 40% handover |
| Coastal Haven | Dubai Islands | 1 to 3 bedrooms + penthouses | 20% booking, 80% handover |
| Luxury Canal Residences | Dubai Islands | 1 to 3 bedrooms + penthouses | 20% booking, 45% construction, 35% handover |
| FAUCHON Résidences | Jumeirah Garden City | Studios and 1 to 3 bedrooms | 20% booking, 40% construction, 40% handover |
| Sanctuary Residences | Meydan Horizon | 1 to 3 bedrooms | 20% booking, 45% construction, 35% handover |
| The Waterway by Prestige One | Meydan Horizon | 1 and 2 bedrooms | On request |
Our full Prestige One developer profile covers all seven without any company-level figures: Orven does not publish a founding date or a count of units delivered for this developer.
What Golf Residences offers
Golf Residences sits in Dubai Sports City, 18 minutes from Dubai Marina, 20 minutes from Downtown Dubai and 28 minutes from the airport. Published amenities include a skyline infinity pool, floating cabanas, a running track, an outdoor cinema and a fitness centre, oriented around golf course views. No rental yield has been published for the project: any figure quoted to you outside this plan is an illustration, not a developer commitment. Our Golf Residences guide for South African buyers and our payment plan explainer go further into the district and the schedule.
Reading the 20/20/60 plan
The published plan is 20% at reservation, 20% during construction and 60% at handover, the largest final instalment of any active Prestige One project. For a family buying with a longer-term horizon rather than an immediate resale in mind, that structure suits a strategy of building up funds ahead of a single, larger payment at completion rather than a series of smaller ones through the build.
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If a smaller unit suits your budget better
A buyer who wants a compact one-bedroom investment property rather than a family home will find that at Coastal Haven, Hilton Residences or Luxury Canal Residences, all offering one-bedroom units alongside larger layouts. FAUCHON Résidences is the only project in the range with studios. Our Dubai Sports City district guide sets Golf Residences against the wider neighbourhood.
Reserving from South Africa
- Send your budget and preferred unit type on WhatsApp to +971 52 776 1939 or to sales@orvenproperties.com.
- Your Orven adviser replies with currently available units at Golf Residences and the exact schedule for the active sales phase.
- The reservation form and sale agreement are signed electronically, with a copy of your passport.
- The reservation payment is wired to the project's escrow account, held at a UAE bank under Dubai Land Department control.
- Oqood registration follows, and you track construction remotely through the DLD's Project Status Enquiry service.
An outward transfer of this size from South Africa falls under the South African Reserve Bank's exchange control framework, and your bank will apply its own compliance checks on top. Confirm with your bank, before you initiate the wire, what allowance and documentation apply to a property purchase abroad.
What to confirm with your own adviser
- South African exchange control rules applicable to a transfer of this nature, and how they interact with your annual allowances: confirm directly with your bank or a specialist adviser.
- South African tax treatment of rental income earned in Dubai and of any future resale gain: the UAE applies no personal tax on either.
- The exact cancellation terms and final payment schedule written into your sale agreement, which override any earlier estimate.
Before you commit
Our guide to buying property in Dubai from South Africa covers the full process, exchange control included. The five questions to ask before signing in Dubai is worth reading before any reservation.
Send your budget on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com. An adviser replies with the Golf Residences units currently available, their price of the day and the exact payment schedule.
FAQ
Why is Golf Residences recommended for a South African buyer? It is the only Prestige One project limited to two- and three-bedroom homes, which suits a family looking for a property to use personally rather than a compact rental unit. The other six projects remain valid depending on your goal.
Does South African exchange control affect this purchase? Yes, an outward transfer of this size falls under the South African Reserve Bank's framework. Confirm your allowance and the required documentation with your bank before wiring funds.
What does the 20/20/60 payment plan mean in practice? 20% is due at reservation, 20% during construction and 60% at handover, the largest final instalment among Prestige One's active projects. Plan your funds around that final payment in particular.
Do I need to travel to Dubai to reserve at Golf Residences? No. Reservation, electronic signature and the wire transfer to the escrow account are all completed remotely from South Africa.
Is rental income from a Golf Residences unit taxed in the UAE? Not at the individual level. South African tax on income earned abroad may still apply: confirm with your own tax adviser.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
Why is Golf Residences recommended for a South African buyer?
It is the only Prestige One project limited to two- and three-bedroom homes, which suits a family looking for a property to use personally rather than a compact rental unit. The other six projects remain valid depending on your goal.
Does South African exchange control affect this purchase?
Yes, an outward transfer of this size falls under the South African Reserve Bank's framework. Confirm your allowance and the required documentation with your bank before wiring funds.
What does the 20/20/60 payment plan mean in practice?
20% is due at reservation, 20% during construction and 60% at handover, the largest final instalment among Prestige One's active projects. Plan your funds around that final payment in particular.
Do I need to travel to Dubai to reserve at Golf Residences?
No. Reservation, electronic signature and the wire transfer to the escrow account are all completed remotely from South Africa.
Is rental income from a Golf Residences unit taxed in the UAE?
Not at the individual level. South African tax on income earned abroad may still apply: confirm with your own tax adviser.
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