Ready 1-Bedroom Apartment in Beverly Residence 2, JVC, 14.5% Below Original Price

Property Overview

This ready one-bedroom apartment in Beverly Residence 2, Jumeirah Village Circle (JVC), is offered at AED 920,000 for 678 sq ft of built-up area. The asking price is AED 155,620 below the agent-stated original purchase price of AED 1,075,620, a discount of 14.5%, working out to roughly AED 1,357 per square foot.

Property Highlights

• Property type: 1-bedroom apartment
• Building: Beverly Residence 2, JVC District 15
• Built-up area: 678 sq ft
• Asking price: AED 920,000
• Original purchase price (agent-stated): AED 1,075,620
• Discount to OP: AED 155,620 (14.5%)
• Price per sq ft: approx. AED 1,357
• Floor: high floor
• View: open road view
• Status: ready

Why This Apartment Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price supplied in the agent brief. The calculation is AED 1,075,620 minus AED 920,000, which equals AED 155,620. Divided by the original price, that is a 14.5% reduction. The agent described the deal as roughly 14% below OP; DPF's exact figure is 14.5%.

The benchmark is the seller's original purchase price as stated by the agent on 7 October 2026. It is not a comparison with current market value, recent DLD transactions or other units in the building, so this page does not claim the apartment is priced below market.

About Beverly Residence 2 and the Developer

Beverly Residence 2 is a boutique residential building by HMB Homes Real Estate Development, launched in late 2023 as a follow-up to the developer's earlier Beverly Residence in JVC. The building offers studio, one-bedroom and two-bedroom apartments and is now completed, which is consistent with the ready status given in the brief.

Buyers who want details on the building's shared facilities, service charges and management should request current information from the agent or the building's owners' association before committing.

Layout, Floor and View

The agent describes the unit as a one-bedroom apartment of 678 sq ft on a high floor with an open road view. The exact floor number, bathroom count, balcony size and parking allocation were not supplied and should be confirmed during a viewing or from the title deed and floor plan.

Handover and Payment

The apartment is described as ready, so this is a secondary-market resale rather than an off-plan payment-plan purchase. Buyers should confirm whether the unit is vacant or tenanted, whether any mortgage is outstanding, and the final transfer costs, including the DLD transfer fee, before signing.

Location and Connectivity

Beverly Residence 2 sits in JVC District 15. Jumeirah Village Circle is an established, family-oriented community in Dubai with access towards Al Khail Road and Sheikh Mohammed Bin Zayed Road, and a wide range of neighbourhood shops, schools, nurseries and parks across its districts. Travel times vary by route and traffic, so buyers should check commutes to their own key destinations.

Verification Notes

• Agent-supplied facts: property type, bedrooms, size, original purchase price, asking price, high floor, open road view and ready status.
• DPF-calculated figures: discount amount, discount percentage and price per sq ft.
• External project research: developer, location in JVC District 15 and project background, drawn from developer announcements and project listings.
• Not supplied: bathrooms, parking, unit number, exact floor, furnishing, service charges and occupancy. These must be verified before purchase.