Description
A high-conviction income asset in one of Dubai's most active and liquid residential communities. A 24-floor residential and retail building in Jumeirah Village Circle — 140 apartments, 3 retail units, 183 parking spaces — generating an estimated AED 12.8M to AED 13.0M in annual rental income at a gross yield of 8.5% to 8.7% on the asking price of AED 140,000,000.
The income is in place. The yield is real. And the upside — through rent revisions, occupancy optimisation and short-term leasing — has not yet been captured.
Investment Snapshot
- Location: Jumeirah Village Circle (JVC), Dubai
- Configuration: 24 residential floors
- Total apartments: 140
- Unit mix: 1-bedroom, 2-bedroom and studio
- Retail units: 3
- Total parking spaces: 183
- Sellable area: 164,810 sq ft
- Gross floor area: 189,000 sq ft
- Estimated annual residential income: approx. AED 12.12M
- Estimated annual retail income: approx. AED 0.70M – 0.75M
- Total estimated annual income: AED 12.8M – 13.0M
- Gross yield: 8.5% – 8.7%
- Asking price: AED 140,000,000
The Income Case
AED 12.8M to AED 13.0M per annum. Estimated annual income across 140 residential apartments and 3 retail units — an income stream driven by one of Dubai's most consistently performing residential communities.
The residential income of approximately AED 12.12M annually is supported by JVC's deep, diverse tenant pool: professionals, families, and couples drawn by the community's connectivity, lifestyle infrastructure and competitive positioning relative to adjacent premium districts. The retail income of AED 0.70M to 0.75M provides a secondary contracted revenue line anchored at podium level.
At AED 140M, the entry price reflects a gross yield of 8.5% to 8.7% — a return profile that places this asset firmly among the strongest-yielding whole-building opportunities currently available in Dubai at this price tier.
The Upside Has Not Been Priced In
The 8.5–8.7% yield is the floor, not the ceiling. Three clear, executable levers remain available to an incoming owner:
Rent revisions. JVC rents have appreciated materially over recent years. As individual tenancy agreements reach renewal, repricing to current market rates on even a portion of the portfolio meaningfully increases the income run-rate without changing the asset.
Occupancy optimisation. Any vacancy below 100% represents recoverable income. A focused leasing and management strategy targeting full occupancy on the residential floors and full activation of the retail units closes that gap directly.
Short-term leasing. The unit mix — weighted toward one-bedroom apartments in a high-footfall Dubai community — is structurally suited to a short-let or serviced apartment strategy on a subset of units. The premium achieved on short-let versus long-let in JVC is demonstrable, and the operational infrastructure to capture it is well-established in the market.
An incoming owner who executes on all three levers simultaneously does not just hold the yield — they grow it.
140 Apartments Across a Market-Proven Mix
- 92 One-bedroom apartments — the most liquid, most in-demand unit type in JVC, capturing the professional and couple segment that drives reliable, low-churn tenancy
- 47 Two-bedroom apartments — family-grade units commanding strong long-let rents and consistent renewal rates from tenants who prioritise space and stability
- 1 Studio — maximum flexibility at the entry point
- 3 Retail units — podium-level commercial space providing contracted income and built-in amenity for the residential population above
164,810 sq ft of sellable area across 189,000 sq ft of gross floor area — a building with genuine scale and a unit mix that covers the full spectrum of JVC demand.
Jumeirah Village Circle — Yield Without Compromise on Location
JVC is not a peripheral play. It is one of Dubai's highest-transaction-volume residential communities — a deep, liquid market with consistent rental demand, strong infrastructure, and direct connectivity to Dubai Marina, Downtown Dubai, and the city's primary business corridors.
For an income investor, JVC offers something rare: a location with genuine community depth — schools, retail, parks, road access — that sustains occupancy through market cycles rather than depending on a single demand driver. The community's rental market has demonstrated consistent year-on-year growth, and the pipeline of new competitive supply at this building's scale is limited.
Who This Suits
Private investors, family offices, real estate investment platforms, and institutions seeking a high-yielding, scalable residential income asset in Dubai's most active mid-market community — with clear, executable upside that has not yet been captured in the price.
Pricing & Process
Asking Price: AED 140,000,000 Gross yield: 8.5% – 8.7%
Full financials, current rent roll, floor plans, unit schedule and legal documentation are released to qualified buyers under NDA. BFS Commercial Brokers is the appointed brokerage and manages buyer qualification, confidentiality, due diligence coordination and negotiation.
Serious, qualified enquiries only. Buyer qualification and a signed NDA precede the release of all confidential information, including the asset address and current rent roll.
