Contemporary · Large Terrace · Ready Now!
Jumeirah Village Circle· Verified Network· Ref RS-L-12052517
Listing data verified in the last few hours
A 2‑bed, 3‑bath apartment in Jumeirah Village Circle priced about 18% below market, delivering a 7.9% gross yield but carrying modest developer risk.
AI Investor Narrative
Why this listing scores the way it does
This ready‑to‑move 2‑bedroom, 3‑bathroom apartment spans 2,239 sqft and is listed at AED 2,200,000 (USD 599,455), translating to AED 983 per sqft. Internal benchmarks show the unit is priced roughly 18% below the district median price per sqft, indicating a clear pricing advantage. The building is delivered by White & Co and has been on the market for only 10 days, suggesting limited buyer competition. The internal model estimates a gross rental yield of 7.9%, well above the typical Dubai residential benchmark of 5‑6%. After accounting for service charges, vacancy, and management fees (usually 1‑2 percentage points), the net yield is likely in the 5.9‑6.9% range, which remains attractive for income‑focused investors. Jumeirah Village Circle scores 71 on the internal location metric, reflecting solid infrastructure, proximity to major roadways, and ongoing community development, supporting both rental demand and medium‑term capital appreciation. Risks are modest but present. White & Co is not among the most established developers in the market, introducing a medium‑level developer‑credit concern. Liquidity appears low‑to‑moderate; the short market time could reflect either strong buyer interest or limited buyer pool for larger terraces. Investors should also monitor potential oversupply in JVC as new phases continue to launch.
Deal signals
- underpriced85/100
price per sqft 983 AED is 18% below district median (~1199 AED)
- high yield75/100
gross yield 7.9% exceeds typical Dubai rental yields (~5-6%)
Risk flags
- developer creditmedium
Developer White & Co has limited track record in large‑scale projects
- liquiditylow
Only 10 days on market may indicate limited buyer pool for this size unit
Comparables
Negotiation playbook
Request a DLD transaction register check to confirm the unit’s true market price and ownership history. Anchor the negotiation on the 18% price‑per‑sqft discount versus the district median and the brief 10‑day market exposure; a further 5‑10% reduction would align the price with the lower end of comparable recent sales, strengthening the investment case.
Seller-intent signals
Signal strength: 88/100 · 2 indicators
Verdict
Yield forecast
3-year appreciation
Market pulse · Jumeirah Village Circle
Sentiment +0 · stable
With no recent transaction data for Jumeirah Village Circle, the outlook is based on broader Dubai residential trends. The market is expected to remain relatively stable over the next twelve months, with modest price movement contingent on supply‑demand dynamics.
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SELECTED PROPERTY
Contemporary · Large Terrace · Ready Now!
Intel Score: 73/100
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