Jumeirah Village Circle · Ready · 85% of recent sales are studios
Studios resell for about AED 897k and rent for AED 39k a year.
At a glance
From 28 resales in the last 12 months.
From 24 new leases in the last 3 months. Renewing tenants pay about AED 72k.
Less than studios across Jumeirah Village Circle, at 7.4%.
About as many resales as the typical similar building.
What brings you here?
AED 897k
That's the typical price. 14 of the 28 studios resold here in the last year went for AED 875k to AED 965k. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 875k
7 of the 28 studios resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical studio here at AED 897k, and renting a studio here for AED 39k a year.
The mortgage is AED 701 a month more than renting.
Before service charges and any change in price.
AED 244k
Over 5 years, buying costs about AED 217k in fees and interest. Renting costs about AED 197k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
4.4%
A year's rent, about AED 39k, as a share of the price, before service charges. Studios across Jumeirah Village Circle earn 7.4%.
2 a month
That's how often a studio resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 25 resales in the building in the last 3 months, too few to call a direction.
Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 1,401. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 488k less
Studios at Hanover Square cost AED 409k and rent for AED 38k. That's a 9.2% return, against 4.4% here. Below: 5 cheaper buildings that earn more.
25 of the 26 others
in Jumeirah Village Circle earn a higher return than Platinum Residence. Across the building as a whole it costs AED 1,774 per sq ft and earns 4.5%. The typical building in Jumeirah Village Circle costs AED 1,289 per sq ft and earns 7.1%.
Not enough deals yet
Only 5 sold here in the last year, too few for a fair range. Across Jumeirah Village Circle, a 1-bedroom resells for about AED 1M.
AED 39k a year
That's the typical new studio rent here. Of the 24 new leases in the last 3 months, 18 signed for AED 37k to AED 50k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
AED 39k
Renewing tenants here pay about AED 72k. New tenants pay AED 33k less for the same studio, so ask to match them.
Hi, I'd love to renew. In the last 3 months, 24 new studio leases in Platinum Residence have been registered with the Dubai Land Department, at about AED 39,451 a year. Could we renew at that rate?
No clear move
Only 24 new studio leases in the last 3 months, too few to call a direction.
2 a week
That's how often a new studio lease is signed here, from 24 new leases in the last 3 months.
23 years
of rent at AED 39k equals the typical studio price, AED 897k, before fees and service charges.
You'd pay about AED 39k a year to rent a studio here. Here's what owning a studio here would cost each month, and the cash you'd need first.
AED 244kthen AED 3,989 a month
Owning would cost you AED 701 a month more than renting, before service charges, once you've put down AED 244k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
3 buildings
nearby sign new studio leases under AED 39k. Here's the typical rent at each building over the last 3 months.
Not enough deals yet
No new leases here in the last 3 months. Across Jumeirah Village Circle, a new 1-bedroom lease is about AED 70k a year.
Here are other buildings nearby and what a 1-bedroom rents for in each.
Move the slider to your size.
AED 897k
Apartments this size here usually sell for AED 878k to AED 928k.
AED 39k
That's the typical new studio rent here. 6 of the 24 new leases paid over AED 50k. Ask more if yours is high up or upgraded.
Start from the typical studio price here, AED 897k. Enter what's left on your mortgage to see what reaches your account.
AED 897k
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 25 resales in the building in the last 3 months, too few to call a direction.
2 a month
Studios resell here at about this pace. The latest 3:
4.4%
That's a year's rent against today's price, before costs. Studios across Jumeirah Village Circle earn 7.4%.
AED 1,774
per sq ft across 25 resales in the building in the last 3 months. Across Jumeirah Village Circle, prices are down 5% on a year ago.
Not enough deals yet
Only 5 sold here in the last year, too few for a fair range. Across Jumeirah Village Circle, a 1-bedroom resells for about AED 1M.
Here are other buildings nearby and what a 1-bedroom costs in each.
Quick answers, from the same deals as the rest of this page.
About AED 897k on resale; 14 of 28 sold for AED 875k to AED 965k.
About AED 39k a year on a new lease and AED 72k on a renewal.
About 4.4% gross on a studio, before service charges.
About the same as the typical similar building: 33 resales in 12 months.