Description
A defining acquisition opportunity: an entire, brand-new, never-tenanted residential and commercial building in Jumeirah Village Circle — one of Dubai's highest-demand residential communities — offered under a single title deed at a final asking price of AED 115,000,000.
This is a blank-canvas, income-ready asset. Completed and vacant, the building is available for an investor to lease from scratch at current market rates, an owner-occupier group to take the whole building in one clean transaction, or an operator to master-lease and manage. The timing could not be sharper: JVC rents have climbed consistently, and acquiring a fresh, unlocked building at this scale — before any tenancy is in place — is a structural advantage few opportunities offer.
Investment Snapshot
- Asset type: Whole residential and commercial building
- Location: Jumeirah Village Circle (JVC), Dubai
- Structure: Ground + 4 podium + 17 floors
- Total residential units: 102
- Unit mix: 1-bedroom, 2-bedroom and studio
- Commercial units: 4
- Parking: 140 dedicated spaces
- Amenities: Swimming pool and landscaped areas
- Title: Single title deed
- Status: Brand new — completed, vacant and ready
- Asking price: AED 115,000,000 (final)
The Case for This Building
Vacant — your rates, your terms, your strategy. Most whole-building transactions come with an inherited lease structure, a pre-negotiated rent roll, or a management agreement you did not choose. This building is blank. An incoming owner sets the rents, selects the tenants, and — if desired — secures a master-lease operator at current, elevated JVC market rates rather than rates agreed years ago. At scale, that distinction is worth considerably more than any marginal yield calculation.
102 residential units across a proven mix. The unit mix — weighted toward one and two-bedroom apartments — maps directly onto the dominant JVC renter profile: young professionals, couples, and small families. These are the fastest-moving units in the community, with low vacancy periods and strong year-on-year rental growth.
4 commercial units at the base. Ground-level commercial space provides a secondary income stream and adds amenity value to the residential floors, supporting occupancy and reducing churn.
140 parking spaces. A parking ratio that comfortably accommodates the residential and commercial population — a practical differentiator in a community where parking availability directly influences tenancy decisions.
One title. One transaction. A single title deed means no fragmented ownership, no unit-by-unit consolidation risk, and clean, unencumbered acquisition for a buyer who wants the whole asset — not a patchwork of individual registrations.
JVC — a market with real fundamentals. Jumeirah Village Circle is not a speculative corridor. It is one of Dubai's most active, most liquid residential communities: deep buyer and tenant pools, strong infrastructure, consistent year-on-year rental growth, and proximity to Dubai's primary business and leisure nodes. A 140-space, pool-amenity building in this community leases.
Who This Suits
Institutional investors, private family offices, sovereign and private equity, hospitality and serviced-apartment operators, and high-net-worth individuals seeking a flagship, scalable Dubai residential asset with full control over the income strategy from day one.
Pricing & Process
Asking Price: AED 115,000,000 — Final
This is a firm, single-number mandate. Floor plans, sellable area breakdown, building specifications and full technical 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.
