Studio Hotel Apartment in Avalon Tower (Holiday Inn), JVC – Below Original Price

Property Overview

This studio hotel apartment in Avalon Tower, Jumeirah Village Circle, which operates as Holiday Inn Dubai Village Circle, is offered at AED 690,000 against an agent-stated original purchase price of AED 800,000, a saving of AED 110,000 (13.8%). The 249 sq ft unit is in a ready building that the agent says has been operational since October 2025.

Property Highlights

• Asking price: AED 690,000
• Original purchase price (agent-stated): AED 800,000, excluding DLD and VAT paid by the seller
• Saving versus OP: AED 110,000 (13.8%)
• Size: 249 sq ft
• Price per sq ft: approx. AED 2,771
• Type: studio hotel apartment
• Hotel: Holiday Inn Dubai Village Circle (IHG), operational since October 2025 (agent-stated)

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 800,000, supplied in the agent brief on 1 October 2026. The asking price of AED 690,000 is AED 110,000 lower, which is 13.8% of the original price. The agent notes that the seller also paid DLD and VAT on top of that price, so the seller's total outlay was higher than AED 800,000; those amounts were not supplied, so DPF has based the calculation on the stated price only. Dividing the asking price by 249 sq ft gives approximately AED 2,771 per sq ft, a rate that reflects the small, hotel-specification unit.

The brief does not say the seller covers the Dubai Land Department transfer fee. At the standard 4% rate, that fee would be about AED 27,600 on the asking price. Hotel apartments can also attract VAT on resale, so buyers should confirm with a tax adviser whether VAT applies to this transfer.

About the Building and Hotel

Avalon Tower is a hotel apartment building in Jumeirah Village Circle developed by The First Group. The hotel, previously known as Hotel Avalon, was rebranded as Holiday Inn Dubai Village Circle under IHG Hotels & Resorts, with 349 rooms. Published information lists an outdoor pool, spa, fitness centre and café among the hotel's facilities.

Hotel Management and Returns

The brief does not include rental income, occupancy figures, the management agreement, the owner's revenue share or service charges. Buyers should request the hotel operator's management agreement and recent owner statements before relying on any expected return, and should confirm any restrictions on personal use of the unit.

Location and Connectivity

Jumeirah Village Circle sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road, giving road access towards Dubai Marina, Al Barsha and Downtown Dubai. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: building, unit type, size, original price, asking price, DLD and VAT paid by the seller, and operational date.
• Calculated by DPF: saving amount, saving percentage, price per sq ft and indicative 4% DLD fee.
• External research: developer and hotel brand facts from The First Group and published rebrand coverage.
• Not verified: the original price, availability, hotel income and VAT treatment. Confirm against the title deed, management agreement and owner statements before any payment.