Property Overview
This fully renovated 5-bedroom corner villa in Jumeirah Village Circle (JVC) is offered at AED 3,900,000. It has a built-up area of 4,285 sq ft on a 3,000 sq ft plot, which works out to about AED 910 per sq ft. The agent describes it as a distressed sale and says the asking price has been reduced from AED 4,600,000.
Property Highlights
- Property type: Villa
- Bedrooms: 5
- Built-up area: 4,285 sq ft (agent-stated)
- Plot size: 3,000 sq ft (agent-stated)
- Asking price: AED 3,900,000
- Previous asking price: AED 4,600,000 (agent-stated)
- Price per sq ft of built-up area: approx. AED 910 (calculated)
- Position: Corner plot (agent-stated)
- Condition: Fully renovated (agent-stated)
- Status: Ready, secondary market
Why the Price Is Listed as Below Market
The agent describes this as a distressed sale and states the price has been cut from AED 4,600,000 to AED 3,900,000. That is a reduction of AED 700,000, or 15.2%, from the previous asking price. The previous figure was an asking price, not the seller's original purchase price or a registered transaction, so DPF does not present it as a verified discount.
Price Calculation
- Asking price: AED 3,900,000
- Built-up area: 4,285 sq ft
- Rate: AED 3,900,000 ÷ 4,285 = approx. AED 910 per sq ft
Buyers should compare this rate with recent registered villa transactions in JVC and ask for the seller's original purchase price and renovation details.
About the Community
Jumeirah Village Circle is a large, established residential community in Dubai that mixes apartment buildings, townhouses and villas. It has parks, schools, nurseries and neighbourhood retail, and it is popular with both families and investors. Villas there are typically freehold properties on individual plots.
Layout, Plot and Condition
The agent describes a 5-bedroom villa on a corner plot that has been fully renovated. The scope of the renovation, the bathroom count, parking, maid's room, pool and the exact cluster or street were not supplied. Ask for the floor plans, the renovation details and any related approvals or completion certificates before making an offer.
Handover and Transfer
This is a ready, secondary-market villa. Buyers should confirm the title deed, current occupancy, any outstanding service charges or mortgage, renovation permits and the DLD transfer fee before committing. Commission arrangements should also be confirmed in writing with the agent.
Location and Connectivity
JVC sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road. It gives access to Dubai Marina, Al Barsha and Dubai Hills, though actual travel times should be checked during a viewing.
Verification Notes
- Agent-supplied facts: community, bedrooms, built-up area, plot size, asking price, previous asking price, corner position, renovation and distressed description.
- Calculated figures: price per sq ft and the reduction from the previous asking price.
- Community description: general facts about JVC; not specific to this unit.
- Not supplied: villa or cluster name, developer, original purchase price, bathrooms, parking, renovation scope and occupancy.