1BR in Violet Tower, JVC at AED 1,050,000 - Off-Plan Distress, Direct from Seller

1-Bedroom Apartment Violet Tower Jumeirah Village Circle — Apartment Exterior
1-Bedroom Apartment Violet Tower Jumeirah Village Circle. Apartment Exterior.

AED 1,050,000

Deal typeOff-Plan Distress
PriceAED 1,050,000
Bedrooms1
Size822 sq.ft
TypeApartment
StatusOff-Plan
DeveloperDubai Investments Real Estate
Area / Master developmentJumeirah Village Circle
Sub-community / PhaseViolet Tower
CommunityJumeirah Village Circle

Property Overview

A 1-bedroom apartment in Violet Tower, JVC by Dubai Investments Real Estate (subsidiary of DFM-listed Dubai Investments PJSC) at AED 1,050,000 (AED 1,278 per sqft). BUA 822 sqft. Community view. Agent describes as off-plan distress with a 2-day window, direct from seller. No original price disclosed.

Property Highlights

  • Type: 1BR apartment
  • BUA: 822 sqft
  • Asking price: AED 1,050,000
  • Rate: AED 1,278 per sqft
  • View: Community
  • Tower: 27 floors, 288 units
  • Developer: Dubai Investments Real Estate (DFM-listed parent)
  • Status: 70% complete (Jun 2026)
  • HO: Dec 2026 (delayed from Q2 2026)
  • Sale type: Direct from seller

Pricing Analysis

DLD Transactions for 1BR in Violet Tower (2026)

  • AED 1,117,746 for 828 sqft (Jun 2026, AED 1,350 per sqft)
  • AED 1,113,237 for 825 sqft (Apr 2026, AED 1,350 per sqft)
  • AED 1,076,348 for 828 sqft (Sep 2026, AED 1,300 per sqft)
  • AED 1,010,124 for 881 sqft (Sep 2026, AED 1,147 per sqft)

Average DLD 1BR transaction: approximately AED 1,079,000 (AED 1,287 per sqft). At AED 1,050,000 (AED 1,278 per sqft), the asking is marginally below the DLD average. The most recent comparable (828 sqft at AED 1,076,348 in September 2026) is close to the asking. The price is at market, not dramatically below it.

Active 1BR Listings

  • AED 1,300,000 for 817 sqft (Dubizzle, AED 1,591 per sqft, high floor)
  • AED 1,249,999 for 768 sqft (Property Finder, AED 1,627 per sqft, partly furnished)

Active listings at AED 1,250,000 to AED 1,300,000 represent asking prices, which typically include negotiation room. The AED 1,050,000 asking is 16% to 19% below these listings. Part of this gap may reflect the community view (lowest view tier in JVC) and the seller's motivation to exit.

Community View Discount

In JVC, community view is the lowest view tier, facing internal streets, low-rise villas and neighbouring towers. The view hierarchy: community view (lowest), park view, pool view, open view, skyline view (highest). Community-view units typically trade at a 5% to 10% discount versus park or pool-facing units. This partly explains the price difference versus higher-priced listings.

Developer Background

Dubai Investments Real Estate LLC is a subsidiary of Dubai Investments PJSC, a diversified holding company listed on the Dubai Financial Market. The parent company has a 30+ year track record across real estate, industrial, financial services and healthcare sectors. Violet Tower (AED 300 million project cost) was launched in October 2023 with sales opening. The DFM-listed corporate backing reduces developer default risk compared to private developers, though construction delays have occurred.

Payment Plan Considerations

The standard Violet Tower plan is 20/40/40: 20% booking, 40% construction, 40% post-handover. Buyers assuming this assignment should verify how much of the payment plan has been paid. Key scenarios:

  • If 20% paid (AED 210,000): buyer pays seller AED 210,000 plus any premium, then AED 840,000 to developer
  • If 60% paid (AED 630,000): buyer pays seller AED 630,000 plus any premium, then AED 420,000 to developer

The exact remaining balance to the developer should be confirmed from the SPA and payment receipts.

About JVC

A master-planned community with over 2,500 buildings. Known for affordable pricing and high rental demand. JVC District 14 (where Violet Tower is located) is a developing area. Connected by Al Khail Road and Hessa Street. Freehold ownership.

Verification Notes

The selling price (AED 1,050,000), BUA (822 sqft), community view, December 2026 handover, direct sale and 2-day window are from the agent brief. No original price was provided, so savings cannot be calculated. The 822 sqft is consistent with DLD-recorded 1BR sizes (825 to 881 sqft). DLD data shows the price is at or slightly below recent transaction levels. The 2-day deadline is a pressure tactic, not a genuine constraint. Buyers should verify the SPA, Oqood registration, payment receipts and remaining balance before proceeding.

Frequently asked questions

Why is no original price given?

The seller has not disclosed their purchase price. DLD records show off-plan 1BR sales at AED 1,010,124 to AED 1,117,746 during 2026. The earliest buyers at the October 2023 launch likely paid AED 850,000 to AED 950,000. At AED 1,050,000, the seller may be selling at or slightly above their purchase price (if they bought at launch) or at a loss (if they bought later). Without the SPA, the exact discount from OP cannot be determined.

Is AED 1,050,000 a good price?

Competitive but not dramatically below market. DLD 1BR transactions for 822 to 881 sqft units: AED 1,010,124 (Sep 2026, 881 sqft, AED 1,147 per sqft), AED 1,076,348 (Sep 2026, 828 sqft, AED 1,300 per sqft), AED 1,113,237 (Apr 2026, 825 sqft, AED 1,350 per sqft), AED 1,117,746 (Jun 2026, 828 sqft, AED 1,350 per sqft). At AED 1,278 per sqft, the asking is within the DLD range. Active listings ask AED 1,250,000 to AED 1,300,000 for comparable 1BR units (15% to 19% higher). The price is fair to slightly favourable.

What does direct from seller mean?

The seller is the current investor, not a developer or agency sale. Typically this means no seller-side commission. However, the buyer may still pay a 2% agency commission to their own agent plus the standard 4% DLD transfer fee plus admin fees (approximately AED 5,000 to AED 10,000). Total buyer costs on top of AED 1,050,000: approximately AED 68,000 to AED 73,000, bringing the all-in cost to approximately AED 1,118,000 to AED 1,123,000.

Is December 2026 handover realistic?

Uncertain. The original target was Q2 2026 (April 2026) which has already slipped. Construction was 70% complete as of June 2026 per RERA inspection. At this pace, December 2026 to Q1 2027 is possible but not guaranteed. A 27-floor tower at 70% typically needs 3 to 6 more months for finishing and snagging. Q1 2027 is more realistic than December 2026.

Should the 2-day deadline concern me?

No. Time-pressure claims are a common sales tactic in Dubai real estate. Genuine distressed sellers do not impose 48-hour deadlines; they need to sell at any point. Treat this as a negotiation tactic and conduct normal due diligence regardless. Request the SPA, payment receipts, Oqood registration and verify the remaining payment plan balance before committing. If the deal is real, it will not vanish in 2 days.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

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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

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
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Loan amount—
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Monthly payment

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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.

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