Studio Apartment for Sale in Binghatti Ruby, JVC – Below OP Distress Deal

Property Overview

This brand new studio apartment in Binghatti Ruby, JVC, is offered at AED 550,000 as a below-original-purchase-price distress resale. The unit measures 363.93 sqft with 1 bathroom, 1 balcony and 1 parking space, and is priced 18.5% under the seller's stated original purchase price of AED 675,000.

Property Highlights

• Studio apartment, 363.93 sqft
• 1 bathroom
• 1 balcony
• 1 parking space
• Brand new
• Located in Binghatti Ruby, JVC (District 16)
• Developer: Binghatti Developers
• Priced 18.5% below the seller's original purchase price
• Approximately 31.2% below a cited last DLD transaction of AED 800,000

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 675,000 for this unit. At the current asking price of AED 550,000, the savings amount to AED 125,000, or 18.5% below that original price. The agent's brief also cites a last DLD transaction of AED 800,000 for a comparable unit; against that figure, the asking price is approximately 31.2% lower. Neither benchmark has been independently cross-checked by DPF against a verified DLD transaction record, so buyers should request supporting documentation.

About the Project, Developer and Community

Binghatti Ruby is a residential tower by Binghatti Developers in District 16, Jumeirah Village Circle, featuring a gemstone-inspired high-rise façade with studio to 3-bedroom apartments. The building includes fitness facilities, a swimming pool, jogging track and kids' play area, with easy access to Al Khail Road.

Layout, Floor and View

The unit includes 1 bathroom, 1 balcony and 1 parking space, as stated by the listing agent. No specific floor number or view was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

The agent brief states an expected handover of November 2026. Binghatti's own official project materials cite a Q1 2026 completion target, notably earlier than the brief's date, so buyers should confirm the exact handover status directly with the agent. No payment plan was supplied for this specific unit.

Location and Connectivity

Binghatti Ruby sits within District 16 of Jumeirah Village Circle, with access to Al Khail Road. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, size, bathroom count, balcony, parking and brand-new condition — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below OP are independently recalculated by DPF from the agent-supplied figures and match the agent's stated 18.5% exactly. The supplementary comparison against a cited last DLD transaction of AED 800,000 (approximately 31.2% below) is also documented as supplied, but not independently verified. A handover-date discrepancy exists between the agent's stated November 2026 and Binghatti's own Q1 2026 completion target; this has been flagged rather than silently resolved. Project-level facts about Binghatti Ruby, its developer and JVC are drawn from Binghatti Developers' official project materials. This listing remains a draft pending DPF review and agent document verification before publication.