Studio in Levanto by ORO24, JVC at Original Price plus DLD

Property Overview

This studio apartment in Levanto by ORO24, Jumeirah Village Circle (JVC), is offered at AED 600,000 for a built-up area of 370 sq ft. The agent describes it as a distress resale at the original purchase price plus the DLD fee only, with no resale premium, and gives the handover date as December 2025.

Property Highlights

• Asking price: AED 600,000
• Property type: Studio apartment
• Built-up area: 370 sq ft
• Price per sq ft: approximately AED 1,622
• Deal basis: original price plus DLD only, no premium (agent-stated)
• Handover: December 2025, as stated by the agent
• Developer: ORO24
• Location: Jumeirah Village Circle, Dubai

Why the Price Qualifies as OP + DLD Covered

According to the agent, the seller is asking only what was originally paid to the developer plus the Dubai Land Department transfer fee. No resale premium has been added, so the buyer is not paying for any appreciation since launch.

The exact original purchase price was not included in the brief. If the DLD component is the standard 4% of the original price, the asking price would imply an original price of roughly AED 576,923. Treat this as an estimate only and confirm it against the seller's SPA and DLD registration before making an offer.

No dated DLD transaction or market comparison was supplied, so this listing makes no below-market claim.

About the Project, Developer and Community

Levanto is a 20-storey residential building in JVC by ORO24 Developments, a Dubai developer founded in 2021. Launched in late 2022, the project offers studios, one- to three-bedroom apartments and duplex layouts, with published unit sizes starting from roughly 364 sq ft. Studios were marketed from around AED 475,000 at launch, although launch pricing varied by floor and orientation.

The building is marketed with an extensive amenity list that reportedly includes an indoor pool, gym and wellness facilities, sports and games areas and retail space. Buyers should confirm which facilities are delivered and operational on handover.

Jumeirah Village Circle is a family-oriented community in the Al Barsha South area, popular with investors for its mid-market pricing and strong rental demand from tenants working in Dubai Marina, Al Barsha and the Dubai Production City cluster.

Layout, Floor and View

The agent confirms a studio layout of 370 sq ft. Floor, view, unit number, balcony, parking and furnishing were not supplied and should be confirmed with the agent and on the floor plan.

Payment Plan and Handover

The agent gives December 2025 as the handover date, which has now passed. Buyers should confirm whether the building has been completed and handed over, whether the unit is vacant or tenanted, and whether any balance remains payable to the developer. Title deed or Oqood status should be checked on the DLD system before purchase.

Location and Connectivity

JVC sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road, giving road access to Dubai Marina, Al Barsha and Dubai Hills Estate. Specific travel times have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, studio layout, 370 sq ft size, asking price, OP + DLD basis with no premium, and December 2025 handover.
• DPF-calculated figures: price per sq ft.
• External research: developer, building height, unit mix and launch pricing from published market sources; check against ORO24's official materials before publishing.
• Not supplied: original purchase price, current completion and occupancy status, remaining balance, floor, view, parking and service charges.