Property Overview
A furnished studio apartment in The Community, Jumeirah Village Triangle by Aqua Properties at AED 550,000 for 396 sqft, equalling AED 1,389 per sqft. Selling at the original purchase price of AED 550,000. The seller absorbs the 4% DLD transfer fee (AED 22,000), saving the buyer 3.8% of the total investment of AED 572,000. Vacant on transfer. Ready property (completed 2022).
Property Highlights
- Type: Studio apartment (furnished)
- Size: 396 sqft
- Asking price: AED 550,000 (at OP)
- Total seller investment: AED 572,000 (OP plus DLD)
- Buyer saving: AED 22,000 (3.8%, DLD covered)
- Rate: AED 1,389 per sqft
- Status: Vacant on transfer
- Completion: 2022 (ready)
OP + DLD Covered Analysis
The seller purchased at AED 550,000 and is reselling at the same price. Including the 4% DLD fee (AED 22,000) paid at purchase, the seller's total investment was AED 572,000. At AED 550,000, the seller absorbs the full DLD cost plus any selling expenses (agent commission, NOC fees). The buyer's saving is AED 22,000 (3.8%) compared to what a new purchase at this price would cost including DLD.
DLD Transaction Context
Recent DLD transactions for studios in The Community:
- AED 793,302 for 466 sqft (Sep 2026) = AED 1,702 per sqft
- AED 589,039 for 279 sqft (Aug 2026) = AED 2,110 per sqft
- AED 470,000 for 279 sqft (Aug 2026) = AED 1,684 per sqft
- AED 460,888 for 311 sqft (Jun 2026) = AED 1,484 per sqft
- AED 500,000 for 326 sqft (Feb 2025) = AED 1,534 per sqft
At AED 1,389 per sqft, this listing is at the lower end of the range. The 396 sqft unit is larger than most studios in the building (average 317 sqft), and larger units typically trade at lower per sqft rates. Two active listings for smaller studios (323 to 326 sqft) were priced at AED 510,000 to AED 560,000 before going off market.
Hotel Apartment Classification
DLD records classify 370 of the 379 units in this building as hotel rooms. The building was developed as a hotel apartment tower by Aqua Properties. Units are sold freehold but may be subject to operator agreements or hotel management arrangements. Buyers should confirm whether any management fee, revenue-sharing or mandatory rental pool applies.
About The Community
A 30-floor tower with 379 units and 105 parking spaces by Aqua Properties, completed June 2022. Unit mix: 238 studios, 109 one-bedroom, 23 two-bedroom and 9 larger units. Amenities include 2 swimming pools, gym, sauna, cinema, gaming room, co-working space, yoga studio, mini golf, sports field, bowling, BBQ area and children's play area.
About Jumeirah Village Triangle
A freehold community of over 5,400 residential units across 8 districts, located between Al Khail Road and Sheikh Mohammed Bin Zayed Road. The Community is in District 3, one of the more mature areas with established landscaping and parks. JVT offers a mix of apartments, townhouses and villas. Median apartment price: approximately AED 950 per sqft. Gross yields range from 5.5% (large units) to 8.5% (furnished studios).
Verification Notes
The asking price, OP, size, furnished status and vacant on transfer are from the agent brief. The 396 sqft is on the larger side for studios in this building (average 317 sqft) but falls within the DLD-recorded range (268 to 467 sqft). A 396 sqft studio sold through DLD (as part of a 466 sqft transaction) confirms this size exists. The hotel apartment classification should be verified for any management obligations. Buyers should confirm the furnishing condition and inventory, service charge rate, any operator agreements and the exact NOC process.
