Brand-New 1-Bedroom at Beverly Residence 2, JVC – 13.3% Below Original Price

Property Overview

This brand-new, vacant 1-bedroom apartment at Beverly Residence 2 by HMB in Jumeirah Village Circle (JVC) is offered at AED 850,000 for 773 sq ft. That is AED 130,000 (13.3%) below the agent-stated original price of AED 980,000, at about AED 1,100 per sq ft. The agent describes the price as net to the owner, non-negotiable and valid for 48 hours.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Size: 773 sq ft (agent-stated)
• Asking price: AED 850,000 (net to owner)
• Original price: AED 980,000 (agent-stated)
• Saving: AED 130,000, or 13.3% below original price (calculated)
• Price per sq ft: approx. AED 1,100 (calculated)
• Condition: Brand new (agent-stated)
• Occupancy: Vacant (agent-stated)
• Developer: HMB Development

Why the Price Qualifies as Below Original Price

The agent states the apartment's original price was AED 980,000 and the seller is now asking AED 850,000. The difference is AED 130,000.

Calculation

• Saving: AED 980,000 − AED 850,000 = AED 130,000
• Percentage: 130,000 ÷ 980,000 × 100 = 13.3%
• Rate: AED 850,000 ÷ 773 sq ft = approx. AED 1,100 per sq ft

The agent describes the price as net to the owner, which normally means transfer and agency costs are paid by the buyer on top of the asking price. The original price comes from the agent's brief and should be confirmed against the seller's SPA or title deed.

About the Project and Developer

Beverly Residence 2 is the second phase of HMB Development's Beverly Residence project in District 15 of Jumeirah Village Circle. Published project information describes a single seven-storey building of studios and 1- and 2-bedroom apartments. Some units have private pools, and the published 1-bedroom layouts range from roughly 650 to 1,060 sq ft.

Listed facilities include a rooftop swimming pool, a mini-golf course, a jogging track, a gym, a sauna, a spa and jacuzzi, a barbecue area and covered parking. Final specifications should be confirmed with the developer or building management.

Layout, Floor and View

The agent describes a brand-new 1-bedroom apartment of 773 sq ft, which sits within the building's published 1-bedroom size range. The floor, view, bathroom count, parking and unit number were not supplied. Request the floor plan and unit details before making an offer.

Handover and Transfer

The agent states the apartment is brand new and vacant. Published project information showed a Q4 2026 completion target, so buyers should confirm that the building has been handed over and that the title deed has been issued. Buyers should also check any outstanding developer balance, service charges, the DLD transfer fee and how costs are split under the net-to-owner terms. The agent states the price is valid for 48 hours.

Location and Connectivity

Jumeirah Village Circle lies between Al Khail Road and Sheikh Mohammed Bin Zayed Road, with parks, schools and neighbourhood retail. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, bedrooms, size, original price, asking price, net-to-owner terms, 48-hour validity, brand-new condition and vacant status.
• Calculated figures: saving amount, saving percentage and price per sq ft.
• External research: developer, building profile, unit range, facilities and completion target from published project information; these are not unit-specific.
• Not supplied: floor, view, bathrooms, parking and handover or title-deed status.