Brand New 1 Bed at Neva Residences, JVC – Quick Sale Near Circle Mall

Property Overview

This brand-new one-bedroom apartment at Neva Residences by Tiger Properties in Jumeirah Village Circle is offered at AED 950,000 for 885 sq ft. The agent describes it as a distress sale by a seller who needs a quick exit, priced about AED 50,000 under market, and located opposite Circle Mall. No original purchase price was supplied.

Property Highlights

• Asking price: AED 950,000
• Agent-estimated discount to market: approx. AED 50,000
• Built-up area: 885 sq ft
• Rate: approximately AED 1,073 per sq ft
• Condition: brand new (agent-stated)
• Location: opposite Circle Mall (agent-stated)
• Seller: needs a quick exit (agent-stated)

Why the Price Qualifies as Below Market

The benchmark is the agent's statement that the asking price is about AED 50,000 under market, supplied in the brief received on 14 October 2026. That implies a market value of around AED 1,000,000, which would put the asking price about 5.0% below it. At AED 950,000 for 885 sq ft, the rate is approximately AED 1,073 per sq ft.

The market figure is the agent's estimate, not a DPF valuation, and no dated DLD transaction or comparable sale was supplied. Buyers should check recent sales of similar one-bedroom units in the building and nearby JVC towers before relying on the stated discount.

About the Project, Developer and Community

Neva Residences is a 17-storey residential building by Tiger Properties in District 16 of Jumeirah Village Circle. It offers studios and one- and two-bedroom apartments, with published one-bedroom layouts from about 782 sq ft. Listed amenities include an outdoor swimming pool, a gym, a children's play area, jogging tracks, a BBQ area, gardens, covered parking and ground-floor retail and dining. Portal data gave expected completion in late 2025, with construction close to complete at the end of that year.

Layout, Floor and View

The agent describes an 885 sq ft one-bedroom apartment in a brand-new building. The floor, view, bathroom count, parking and furnishing have not been supplied and should be confirmed with the agent and the title deed or SPA.

Payment and Transfer

As the building has just completed, confirm whether the seller has received handover and title. If handover is still pending, confirm the remaining developer balance and the handover date. Otherwise, a ready resale normally proceeds with a Form F (MOU), a Tiger Properties NOC and transfer at the Dubai Land Department. Confirm whether any mortgage needs releasing and check the service charge.

Location and Connectivity

Jumeirah Village Circle sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road, with Circle Mall at its centre and easy reach of Al Barsha South, Dubai Sports City and Arjan. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, developer, unit type, size, brand-new condition, location opposite Circle Mall, quick-exit seller, asking price and approximate AED 50,000 discount to market.
• DPF-calculated figures: price per sq ft, implied market value and implied percentage discount.
• External research: district, floor count, unit mix, one-bedroom size range, amenities and expected completion, from a secondary property portal rather than an official Tiger Properties page.
• Not supplied: original purchase price, comparable transactions, handover and title status, floor, view, bathrooms, parking and service charge.