1 Bedroom Apartment in East Crest by Meteora, JVC District 17, 8.9% Below Original Price

Property Overview

This 1-bedroom apartment in The East Crest by Meteora, JVC District 17, is offered at AED 1,480,000, which is AED 145,000 below the original purchase price of AED 1,625,000, a reduction of 8.9%. The apartment spans approximately 814 sqft. The East Crest building was completed in January 2026.

Property Highlights

• 1-bedroom apartment, approximately 814 sqft
• Asking price: AED 1,480,000
• Original purchase price: AED 1,625,000
• Saving: AED 145,000 (8.9% below OP)
• Rate: AED 1,818 per sqft
• Completed building (January 2026)
• Developer: Meteora Developers

Why This Price Qualifies as Below OP

The seller's original purchase price is stated as AED 1,625,000. The current asking price of AED 1,480,000 represents a reduction of AED 145,000, equivalent to 8.9% below the original price. At the asking price, the rate per square foot is approximately AED 1,818.

This benchmark is based on the agent's stated original purchase price. The stated OP of AED 1,625,000 is significantly above the project's original launch starting price of approximately AED 799,000 to AED 825,000, suggesting this unit may have been acquired as a resale at a premium. Buyers should verify the original SPA directly before proceeding.

Handover Status Note

The East Crest building was completed in January 2026 according to Propsearch records. The agent brief states Q1 2027 as the handover date, which may refer to a specific milestone for this unit rather than the building's completion date. Buyers should confirm the current handover status and whether the unit is ready for occupancy with the seller and Meteora Developers.

About The East Crest

The East Crest is a 21-storey residential building by Meteora Real Estate Development in District 17, Jumeirah Village Circle. The building comprises approximately 118 to 152 one-bedroom apartments (sources vary). The development features a distinctive glass and brick facade with stainless steel accents and offers views of the community park and lake. All units in the collection sold out within two months of launch in June 2023.

Amenities include swimming pools, a modern gymnasium, al fresco lounge spaces, a BBQ zone and landscaped gardens designed with sustainable principles. Apartments feature oversized windows, marble kitchen countertops, custom cabinetry, porcelain bathroom floor tiles and custom vanities with integrated lighting.

Location and Connectivity

The East Crest sits in District 17 of Jumeirah Village Circle with access to Sheikh Mohammed Bin Zayed Road and Al Khail Road. The community provides access to Downtown Dubai, Dubai Marina and Dubai International Airport via the wider road network. The Circle Mall and multiple dining and retail outlets are within the JVC community. Buyers should verify specific travel times independently.

Verification Notes

The asking price, original purchase price and handover date are sourced from the agent brief received in September 2026. The built-up area is stated as approximately 814 sqft. Published unit sizes for 1-bedroom apartments in East Crest range from 619 to 772 sqft, while a DLD transaction shows a 737 sqft unit. The agent's approximately 814 sqft exceeds most published sizes and should be confirmed from the title deed. The savings calculation of AED 145,000 (8.9%) is derived from the difference between the stated original price and the asking price. Building records indicate completion in January 2026, while the agent states Q1 2027 handover. Project details are drawn from Meteora Developers and secondary market sources. Buyers should independently confirm all figures, including the original SPA, exact unit size from the title deed, payment history and current handover status, before committing.