Five-Bedroom Corner Villa in Jumeirah Village Circle — Priced Below Original Purchase Price

Property Overview

This is a corner five-bedroom villa in Jumeirah Village Circle (JVC), fully renovated from scratch. The villa has a 4,285 sqft built-up area on a 3,000 sqft plot and is offered at AED 3,900,000, which is AED 700,000 (15.2%) below the seller-stated original purchase price of AED 4,600,000. It is listed as a distress sale below original price.

Property Highlights

• Type: 5-bedroom villa (corner)
• Built-up area: 4,285 sqft
• Plot size: 3,000 sqft
• Asking price: AED 3,900,000
• Original purchase price (seller-stated): AED 4,600,000
• Saving vs. original price: AED 700,000 (15.2%)
• Rate: AED 910 per sqft (on built-up area)
• Condition: full brand-new renovation from scratch (agent-stated)
• Position: corner unit (agent-stated)
• Community: Jumeirah Village Circle

Why the Price Qualifies as Below OP

The classification uses the seller-stated original purchase price of AED 4,600,000 against the current asking price of AED 3,900,000, a difference of AED 700,000, or 15.2%. On the 4,285 sqft built-up area the asking price is AED 910 per square foot. The benchmark is the original purchase price supplied in the brief; it is not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Community

Jumeirah Village Circle (JVC) is an established, centrally located community of villas, townhouses and apartments around landscaped parks, connected via Al Khail Road and Sheikh Mohammed Bin Zayed Road, with schools, retail and community amenities. The brief does not name a specific villa project or developer for this unit; that should be confirmed if the villa sits within a named sub-community.

Layout, Plot and Renovation

The agent describes a corner five-bedroom villa with a 4,285 sqft built-up area on a 3,000 sqft plot, fully renovated from scratch. The built-up area exceeding the plot is consistent with a multi-storey villa. Exact internal layout, number of bathrooms, parking, the scope of the renovation and orientation should be confirmed on site and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 5-bedroom corner villa, BUA 4,285 sqft, plot 3,000 sqft, asking price (AED 3,900,000), original purchase price (AED 4,600,000), and full brand-new renovation.
• DPF-calculated figures: savings amount (AED 700,000), savings percentage (15.2%), and price per built-up square foot (AED 910).
• No project/developer named: the brief identifies only the JVC community and a renovated villa; the specific project, developer and any named sub-community were not supplied and should be confirmed.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record.