Unique Design · Spectacular 2 Bed · High - End Finishing
Jumeirah Village Circle· Verified Network· Ref RS-L-6780537
Listing data verified in the last few hours
The off‑plan 2‑bedroom unit in Jumeirah Village Circle is priced about 17% below market, offering a solid gross yield of ~6.9% but carries off‑plan and developer risks.
AI Investor Narrative
Why this listing scores the way it does
The listing is an off‑plan apartment with 2 bedrooms and 3 bathrooms, 1,122 sqft at AED 1.45 million (≈AED 1,292 per sqft). Internal benchmarks flag the price as roughly 17% under market, which translates into a strong gross yield of 6.9% versus the internal average. This makes the asset attractive on a cash‑flow basis, especially for investors seeking income in a growing sub‑market. Jumeirah Village Circle benefits from ongoing infrastructure upgrades and a steady inflow of mid‑range buyers, reflected in an internal location score of 71. However, the project’s off‑plan status, a long 612‑day market exposure, and limited information on the developer (Better Livings Real Estate) introduce construction‑delay and credit risk. The internal risk index of 37 suggests moderate overall risk, and the market’s oversupply of similar units in JVC adds a liquidity concern. Yield calculations are gross; after accounting for typical service charges, vacancy, and management fees (≈1.0–2.0 percentage points), the net yield is likely in the 5.0–5.9% range. Appreciation is expected to be modest, with a low‑case annual rise of 3%, an expected 5%, and a high‑case 7% as the development matures and the area’s amenities improve.
Deal signals
- underpriced70/100
price_per_sqft_AED 1292 is 17% below internal market benchmark
- off plan discount60/100
status Off-Plan and days_on_market 612 suggest discount potential
- high yield65/100
internal_estimated_yield 6.9% gross
- motivated seller55/100
days_on_market 612 indicates possible seller motivation
Risk flags
- liquiditymedium
Long market time and off‑plan status may limit resale speed
- construction delaymedium
Off‑plan projects in JVC have historically faced delivery delays
- developer creditmedium
Limited public track record for Better Livings Real Estate
- oversupplylow
JVC has high inventory of similar 2‑bed units
Comparables
Negotiation playbook
Anchor the offer around the 17% price‑per‑sqft discount versus the district median (≈AED 1,557/sqft). Emphasise the 612‑day market exposure as evidence of seller motivation, and request a price reduction to at least AED 1,100/sqft. Verify the unit’s registration and payment history against the DLD transaction register before finalising any commitment.
Verdict
Yield forecast
3-year appreciation
Market pulse · Jumeirah Village Circle
Sentiment +0 · stable
With no recent transaction data, confidence in short‑term direction is limited. The sub‑market is likely to track broader Dubai residential trends, suggesting a stable outlook over the next year unless macro‑economic conditions shift.
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SELECTED PROPERTY
Unique Design · Spectacular 2 Bed · High - End Finishing
Intel Score: 52/100
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