AED 980,000 was AED 1,030,000
| Deal type | Below OP |
| Price | AED 980,000 |
| Original price | AED 1,030,000 |
| Saving | AED 50,000 (4.9%) |
| Bedrooms | 1 |
| Size | 680 sq.ft |
| Type | Apartment |
| Status | Ready |
| Developer | HMB Homes |
| Area / Master development | Jumeirah Village Circle |
| Sub-community / Phase | Beverly Residence 2 |
| Community | Jumeirah Village Circle |
A 1-bedroom apartment in Beverly Residences 2, Jumeirah Village Circle by HMB Homes at AED 980,000 for 680 sqft, equalling AED 1,441 per sqft. 4.9% below the original price of AED 1,030,000, saving AED 50,000. Net to owner (buyer pays all fees on top). Ready property, brand new (completed June 2026). The agent claims a private pool, but this could not be verified for a 1BR unit.
The seller purchased at AED 1,030,000 and paid a 4% DLD fee of AED 41,200, bringing total investment to AED 1,071,200. At AED 980,000 (net to owner), the seller is absorbing:
The net-to-owner condition is a distress signal. The seller wants a guaranteed AED 980,000 with no commission or fee deductions, indicating a need for a specific amount, possibly to clear a financial obligation.
These are completion-stage registrations, not secondary market resales, so they may reflect developer pricing rather than current market value. The building-wide average across 107 transactions is AED 846,277. Beverly Residence 1 (completed 2021, same developer) shows a 1BR median of AED 1,310 per sqft, which is a better proxy for current resale values. At AED 1,441 per sqft, this listing is 10% above the Beverly 1 median.
Two competing 1BR listings are both cheaper and larger: 741 sqft at AED 950,000 and 896 sqft at AED 969,900. Buyers should compare all available units in the building before committing.
The agent claims this unit has a private pool. Property Finder's project page notes select units with private pools. However, no individual 1BR listing found across Dubizzle, Bayut or Property Finder mentions a private pool for a 1BR. All listings reference the shared building pools only. A 680 sqft 1BR with a private pool in JVC would be highly unusual. If the select units with private pools exist, they are more likely to be larger 2BR or penthouse units. Buyers should request floor plans and photos confirming the private pool before relying on this claim.
The buyer's total outlay includes:
A 7-floor boutique residential building by HMB Homes Real Estate Development (registered as H M B Development with DLD) in District 15, Jumeirah Village Circle. 220 apartments in studio, 1BR and 2BR configurations. DLD Project No. 2773 under Trakhees authority. Completed 4 June 2026. Construction started June 2023. 1BR sizes range from 648 to 1,063 sqft. Amenities include rooftop infinity pool, communal pool, gymnasium, spa, sauna, jacuzzi, yoga studio, mini-golf, jogging track, BBQ area, rooftop open-air theatre, EV charging stations, covered parking and designer lobby. Freehold ownership.
A master community by Nakheel in the heart of new Dubai. Features circular layout with parks, schools, retail and community facilities. Accessible via Al Khail Road and Hessa Street. Proximity to Dubai Marina (15 minutes), Downtown Dubai (20 minutes) and DXB Airport (25 minutes). Freehold ownership. JVC is one of Dubai's most active ready apartment markets with 1BR ready property average of approximately AED 1,200 to AED 1,500 per sqft.
The asking price, OP, size, below OP, net-to-owner and ready status are from the agent brief. The 680 sqft is a plausible 1BR layout (building range is 648 to 1,063 sqft). The OP of AED 1,030,000 (AED 1,515 per sqft) is consistent with 2023-2024 off-plan launch pricing. The private pool claim could not be verified for a 1BR unit. Cheaper and larger 1BR options exist in the same building (741 sqft at AED 950,000 and 896 sqft at AED 969,900). The 4.9% OP discount is modest, but the total seller loss including DLD is 8.5%.
The seller wants AED 980,000 clean, with no deductions. The buyer pays all transaction costs on top: DLD transfer fee (4% of sale price = AED 39,200), agency commission (typically 2% = AED 19,600), and admin and trustee fees (approximately AED 5,000 to AED 6,000). Total buyer outlay is approximately AED 1,044,000 to AED 1,045,000. This is a distress signal as the seller is prioritising a guaranteed net amount and accepting the OP loss rather than negotiating fees.
The agent claims a private pool. Property Finder's project page notes select units with private pools. However, no individual 1BR listing in Beverly Residences 2 (across Dubizzle, Bayut and Property Finder) mentions a private pool for a 1BR unit. All listings reference shared building pools only. A private pool attached to a 680 sqft 1BR in JVC would be highly unusual. This may refer to a private plunge pool on a large balcony or terrace, or it may describe pool access rather than a private pool. Buyers should request floor plans and photos showing the pool before relying on this claim.
Active 1BR listings in Beverly Residences 2: AED 950,000 for 741 sqft (Bayut, AED 1,282 per sqft), AED 969,900 for 896 sqft (Dubizzle, AED 1,082 per sqft, pool view), AED 1,150,000 for 697 sqft (Dubizzle, AED 1,650 per sqft). At AED 980,000 for 680 sqft (AED 1,441 per sqft), this listing is mid-range. The 741 sqft unit at AED 950,000 and the 896 sqft unit at AED 969,900 are both larger and cheaper. Buyers should compare all available units.
Yes. Beverly Residences 2 was completed on 4 June 2026 per DLD records. Construction started June 2023. Multiple listings describe units as brand new and never occupied. The building is a 7-floor boutique development with 220 apartments in District 15 of JVC.
A 7-floor residential building by HMB Homes Real Estate Development in District 15, Jumeirah Village Circle. 220 apartments in studio, 1BR and 2BR configurations. Completed June 2026. DLD Project No. 2773 under Trakhees authority. Amenities include rooftop infinity pool, communal pool, gymnasium, spa, sauna, jacuzzi, yoga studio, mini-golf, jogging track, BBQ area, rooftop open-air theatre, EV charging stations and covered parking. Freehold ownership.
Buyer costs
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
| Sale price | — |
| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
—
Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Indicative monthly repayment on a UAE bank mortgage.
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
—
Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
Read our full property verification methodology →
Browse this listing by developer, location, property type and bedroom count.
Below OPBrand-New 1-Bedroom at Beverly Residence 2, JVC – 13.3% Below Original Price1 Beds773 sqftApartmentAED 850,000Save AED 130,000 (13.3%)View property
Below MarketBrand New 1 Bed at Neva Residences, JVC – Quick Sale Near Circle Mall1 Beds885 sqftApartmentAED 950,000View property
Below OP1 Bedroom + Study Furnished Apartment in Eleganz by Danube, JVC, Below OP1 Beds870 sqftApartmentAED 1,100,000Save AED 350,000 (24.1%)View property
Off-Plan Distress1BR in Violet Tower, JVC at AED 1,050,000 - Off-Plan Distress, Direct from Seller1 Beds822 sqftApartmentAED 1,050,000View property
Below OPG-24 JVC 1-Bedroom + Maid 13.4% Below OP, Tenanted1 Beds853 sqftApartmentAED 900,000Save AED 139,000 (13.4%)View property
Below OPReady 1-Bedroom Apartment in Beverly Residence 2, JVC, 14.5% Below Original Price1 Beds678 sqftApartmentAED 920,000Save AED 155,620 (14.5%)View property