4BR+Maid Townhouse in JVC, Imtiaz Townhouse, Below Market, Rented at AED 195K

Property Overview

A ready 4BR+Maid townhouse in Imtiaz Townhouse, Jumeirah Village Circle (JVC), offered at AED 2,800,000. The property spans 3,500 sqft of built-up area on a 1,722 sqft plot, working out to AED 800 per sqft. The agent describes this as a distress deal priced AED 350,000 below market value. The unit is currently rented at AED 195,000 per year.

Property Highlights

• Type: Townhouse, 4 bedrooms + maid room
• Built-up area: 3,500 sqft
• Plot size: 1,722 sqft
• Asking price: AED 2,800,000 (AED 800/sqft)
• Status: Ready, currently tenanted
• Annual rent: AED 195,000
• Gross yield: 7.0%
• Parking: 2 spaces

Why This Qualifies as Below Market

The agent states this property is AED 350,000 below market value, implying a market benchmark of approximately AED 3,150,000 (around AED 900/sqft). This benchmark is the agent's own claim and has not been independently verified against DLD transaction data.

For context, active 4BR townhouse listings in JVC as of October 2026 show a wide range:

• Fortunato, District 11: 3,233 sqft at AED 2,500,000 (AED 773/sqft)
• Lilac Park, District 12: 2,971 sqft at AED 3,100,000 (AED 1,043/sqft)
• Unnamed JVC cluster: 3,128 sqft at AED 3,400,000 (AED 1,087/sqft)
• Celeste by Westar: 3,273 sqft at AED 3,699,000 (AED 1,130/sqft)
• Marwa Homes 4: 3,329 sqft at AED 3,980,000 (AED 1,195/sqft)

At AED 800/sqft, this listing is at the lower end of the JVC townhouse range. However, the Fortunato cluster offers 4BR townhouses at AED 773/sqft, meaning this is not the cheapest option available in JVC on a per-sqft basis. Pricing varies significantly by project age, build quality, row position (corner vs middle) and district location. The agent's AED 350K below market claim appears broadly directional when measured against mid-range comps (AED 1,000-1,100/sqft range), but buyers should verify the specific market benchmark through DLD transaction records for this cluster.

Rental Income and Yield

The property is currently tenanted at AED 195,000 per year. Based on the asking price of AED 2,800,000, this produces a gross rental yield of 7.0%. The agent advertised an 8% ROI; the actual calculated yield is 7.0% (195,000 / 2,800,000 = 0.0696). This remains a strong yield for a JVC townhouse. Net yield after service charges and maintenance would be lower.

About the Project

The agent identifies this property as part of Imtiaz Townhouse in JVC. Imtiaz Developments is an active developer in JVC known primarily for apartment projects including Pearl House, Pearl House II, Pearl House III, Pearl House 4, Westwood Grande and Luxor. The Imtiaz Townhouse project name could not be independently verified through public property portals or developer listings as of October 2026. This does not necessarily indicate the project does not exist. Smaller townhouse clusters in JVC are sometimes marketed under names that differ from DLD registration names, or the project may be registered under a different entity. Buyers should confirm the exact project name, developer entity and title deed details before proceeding.

About Jumeirah Village Circle

JVC is a mature mixed-use community in central Dubai developed by Nakheel, with a range of apartments, townhouses and villas across 33 districts. The community offers parks, retail outlets, schools and healthcare facilities. JVC townhouse clusters are spread across Districts 10 through 15, with popular projects including Le Parc Homes, Marwa Homes, Lilac Park, Fortunato, Shamal Terraces and the Veranda Collection. The area is accessible via Al Khail Road and Hessa Street, with proximity to Dubai Marina, JLT and business districts in 15 to 20 minutes by car.

Verification Notes

• The asking price of AED 2,800,000, rent of AED 195,000, BUA of 3,500 sqft, plot size of 1,722 sqft, 2 parking spaces and 4BR+Maid configuration are from the agent brief.
• Price per sqft (AED 800) and gross yield (7.0%) are calculated from stated figures.
• The agent claims 8% ROI; the calculated figure is 7.0%.
• The agent's claim of AED 350K below market implies a benchmark of approximately AED 3,150,000. This has not been independently verified.
• The project name Imtiaz Townhouse could not be verified through public property databases. Imtiaz Developments is known for apartment projects in JVC, not townhouses.
• JVC townhouse comparable listings sourced from Bayut, Property Finder and Square Yards (October 2026).
• Buyers should verify the project name, developer, title deed, tenancy contract details and service charges independently.