2 Bedroom in Sydney Tower, JVC Rented at AED 100K with 8.5% Gross Yield and 21.7% Below Stated Market Price

Property Overview

This 2-bedroom apartment in Sydney Tower, Jumeirah Village Circle, is available at an asking price of AED 1,175,000. The unit measures 1,117 sq ft with 3 bathrooms and is currently rented at AED 100,000 per year, delivering a gross rental yield of approximately 8.5%. The agent states the market price for comparable units is AED 1,500,000, placing the asking price 21.7% (AED 325,000) below that benchmark.

Property Highlights

• Type: 2-bedroom apartment
• Size: 1,117 sq ft
• Bathrooms: 3
• Asking price: AED 1,175,000
• Agent-stated market price: AED 1,500,000
• Discount from stated market: AED 325,000 (21.7%)
• Rate: approximately AED 1,052 per sq ft
• Annual rent: AED 100,000
• Gross rental yield: 8.5%
• Status: ready, rented

Why the Price Is Positioned as Below Market

The agent states the current market price for comparable 2-bedroom units in Sydney Tower or its vicinity is AED 1,500,000. At an asking price of AED 1,175,000, the discount from this stated benchmark is AED 325,000, or 21.7%.

Important Verification Notes on the Market Benchmark

The AED 1,500,000 market figure is the agent's stated estimate. No dated DLD transaction, independent valuation report or specific comparable sale has been supplied to support this figure. Prospective buyers should independently verify current market rates for 2-bedroom apartments in Sydney Tower and JVC District 18 by reviewing recent DLD transaction data and comparable listings before relying on this benchmark.

Rental Yield Clarification

The agent describes the return as approximately 10% ROI. Based on the stated figures (AED 100,000 annual rent against an asking price of AED 1,175,000), the calculated gross rental yield is 8.5%. Net yield after deductions for annual service charges, maintenance, potential void periods and any property management fees will be lower. Buyers should request the current Ejari-registered tenancy contract and the building's latest service charge statement to calculate an accurate net return.

About Sydney Tower

Sydney Tower is a 25-storey residential building in JVC District 18, Jumeirah Village Circle. The building is approximately 7 years old and is fully completed and occupied. It offers a mix of studios, 1, 2 and 3-bedroom apartments. Two-bedroom units in the building typically measure between 1,117 and 1,127 sq ft with 3 bathrooms, a balcony and an open-plan kitchen layout.

Amenities

Sydney Tower provides residents with a rooftop swimming pool, separate men's and women's gymnasiums, a steam room, a prayer room, an on-site cafeteria and an on-site supermarket. The building also features a landscaped garden with seating and a BBQ area, a children's play area, covered podium parking, high-speed elevators, 24-hour security with CCTV monitoring and concierge services. The building is pet-friendly.

About Jumeirah Village Circle

Jumeirah Village Circle (JVC) is an established freehold residential community in Dubai, offering a mix of apartments, townhouses and villas across multiple districts. The community is known for accessible pricing, family-friendly amenities and strong connectivity via Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311).

Residents have access to Circle Mall for retail, dining and leisure, along with numerous supermarkets, pharmacies, schools, nurseries and healthcare facilities within and around the community. Dubai Miracle Garden is approximately 10 minutes away, Mall of the Emirates approximately 15 minutes, Dubai Marina approximately 20 minutes, Downtown Dubai approximately 20 minutes and Dubai International Airport approximately 30 minutes.

Investment Considerations

This listing is positioned as an income-generating investment property. The apartment is currently tenanted at AED 100,000 per year. Buyers should verify the following before proceeding: the existing tenancy contract terms and remaining lease period; the Ejari registration status; the latest service charge per square foot and any outstanding service charges; the DEWA account status; and any applicable agency fee or transfer costs. Rental data from Bayut and Dubizzle shows 2-bedroom apartments in Sydney Tower listed for rent between AED 80,000 and AED 100,000 per year depending on furnishing and floor level, which supports the stated rental figure as being at the higher end of the current range.

Verification Notes

Unit-specific facts including size, bedrooms, asking price, rental income and the stated market price of AED 1,500,000 are sourced from the agent's brief received on 24 September 2026. Bathroom count (3) is drawn from consistent Bayut and Dubizzle listings for 2-bedroom units in Sydney Tower. Building-level details including tower height, amenities and approximate age are drawn from Bayut building listings and Property Finder rental data. The agent-stated market benchmark of AED 1,500,000 has not been independently verified and should be confirmed by the buyer against recent DLD transactions. The agent's claim of approximately 10% ROI does not match the calculated gross yield of 8.5% based on the stated figures; this discrepancy is flagged. Floor level, view, parking and furnishing status were not stated in the brief and have been omitted.