Mixed-Use Building for Sale in JVC Dubai – AED 165M
When evaluating a residential and commercial building for sale in JVC Dubai at AED 165,000,000, the first question worth putting to the numbers isn't about the lobby or the views — it's whether the income structure supports the capital commitment. On that metric, this asset delivers AED 8,677,756 in gross annual income, producing a gross yield of 5.26% on the asking price. For a fully operational, tenanted mixed-use building in Jumeirah Village Circle, that sits within a competitive range for large commercial real estate acquisitions in Dubai's mid-market segment in 2026.
The building follows a G+4P+24 configuration — ground floor commercial, four podium levels of parking, and 24 residential floors above. The 140 residential units break down to 47 two-bedroom apartments, 92 one-bedroom units, and one studio. That 1BR-heavy distribution directly mirrors JVC's demand profile, where working professionals and compact households form the dominant tenant base. Three commercial units at ground level — two retail shops and a restaurant — add income diversification without materially shifting the asset's risk character away from residential.
Full Asset Specifications
Residential Unit Distribution
| Unit Type | Count | Share of Total |
|---|---|---|
| 2-Bedroom Apartments | 47 Units | 33.6% |
| 1-Bedroom Apartments | 92 Units | 65.7% |
| Studio | 1 Unit | 0.7% |
| Total Residential | 140 Units | 100% |
Annual Income by Source
| Income Source | Annual (AED) | % of Total |
|---|---|---|
| Commercial Shops | 198,510 | 2.29% |
| Restaurant Unit | 288,245 | 3.32% |
| Residential Apartments | 8,191,000 | 94.39% |
| Total Building Income | 8,677,756 | 100% |
Building Amenities
- Gym
- Swimming Pool
- Kids Play Area
- Landscaping
- 24/7 Security
- CCTV
What the Income Structure Actually Tells an Investor
A 5.26% gross yield on a whole-building commercial real estate acquisition in JVC Dubai is competitive for 2026, but gross yield is only the entry point of the analysis. What matters for underwriting is the composition of that income — how it's distributed across tenants, which streams carry concentration risk, and how much headroom exists between gross and net after operating costs.
Residential Income: Distributed Risk, 140 Tenants
The apartment portfolio generates AED 8,191,000 annually — 94.4% of total building revenue. That breadth across 140 tenants is a structural advantage: a single vacancy or non-renewal has negligible impact on aggregate cash flow. The 1BR concentration (92 of 140 units) reflects JVC demand well, but carries a real trade-off — one-bedroom tenants in mid-market Dubai communities average shorter lease cycles than families in two-bedroom units. Higher turnover means recurring leasing friction and more frequent void periods, particularly if re-letting velocity slows during supply additions to the catchment area.
Commercial Units: Reading the Restaurant Exposure
The restaurant contributes AED 288,245 per year from a single tenant — 3.3% of total income. Restaurant leases in community buildings carry above-average renewal risk relative to service-based retail; F&B operators in mid-market residential settings face margin pressure that correlates with lease non-renewal at a higher rate than, say, a pharmacy or laundry. The two retail shops generating AED 198,510 combined are a different picture — neighbourhood service tenants in established JVC buildings have demonstrated strong lease continuity. Before closing, the restaurant lease term and renewal structure warrant specific scrutiny.
Advisor note: The income figures represent gross current or estimated rents. Net operating income will be materially lower once RERA-registered service charges, management fees, insurance, and maintenance provisions are accounted for. For a mixed-use building of this scale in Dubai, operating costs typically run 12–18% of gross income. Model your acquisition underwriting on net figures, not gross, to avoid overestimating cash-on-cash returns.
Due Diligence Priorities Before Committing
- Verified lease agreements for all 140 residential units and 3 commercial spaces — contracted rents versus market estimates
- Trailing 12-month occupancy data broken down by unit type (2BR vs 1BR vs commercial)
- Annual service charge registered with RERA — confirm whether it is netted from or additive to the stated income figures
- Title deed status via DLD — confirm no encumbrances, mortgages, or outstanding disputes on the asset
- NOC requirement from Nakheel as JVC master developer
- Building insurance coverage and any outstanding MEP or structural maintenance liabilities
JVC's Position in Dubai's Commercial Real Estate Market
Jumeirah Village Circle is a freehold community in Dubai with sustained mid-market rental demand, dual arterial road access, and a growing commercial and community service infrastructure. For a whole-building investor, the community profile matters as much as the yield figure: JVC's tenant base skews toward value-oriented renters who prioritise space-for-dirham over address, producing consistent occupancy but capping achievable rent premiums relative to premium-location alternatives.
The location sits within reach of Al Khail Road and Sheikh Mohammed Bin Zayed Road — two of Dubai's primary arterial corridors — making the community accessible from major employment centres across the city. Schools, clinics, supermarkets, and F&B are available within the community, supporting the residential demand that underpins this building's income base. JVC recorded measurable appreciation in both residential values and rents across 2023–2025, which supports the asset's capital value trajectory on the medium-term horizon.
One pipeline consideration worth modelling: JVC's development activity has remained active through 2024–2026, with new residential towers entering across the immediate sub-market. Historical absorption has been sufficient to sustain occupancy, but a buyer acquiring 140 units should monitor forward supply additions — particularly in 1BR stock — for their effect on re-letting timelines and achievable rents over the next 24–36 months.
Stated trade-off: JVC has no metro connectivity as of 2026, which limits the addressable tenant pool to car-owning or ride-service-dependent renters. This does not structurally impair occupancy in a mid-market community that has absorbed supply consistently, but it does constrain the rent premium achievable relative to metro-served communities at similar per-square-foot price points. Factor it into re-letting assumptions rather than treating it as a neutral variable.
Frequently Asked Questions
What is the asking price for this mixed-use building for sale in JVC Dubai?
The asking price is AED 165,000,000 for the full asset — a G+4P+24 whole building comprising 140 residential units and 3 ground-floor commercial spaces in Jumeirah Village Circle, Dubai. This is a single whole-asset transaction; individual apartments or commercial units within the building are not available for separate acquisition through this listing.
What is the gross annual income generated by this building?
Total gross annual income is AED 8,677,756, sourced from three revenue streams: residential apartments (AED 8,191,000), a restaurant unit (AED 288,245), and two commercial shops (AED 198,510). These figures represent current or estimated contracted rents and should be cross-referenced against actual signed lease agreements before finalising any underwriting model.
What is the gross rental yield on this JVC investment building?
At AED 165,000,000 asking price against AED 8,677,756 gross annual income, the gross yield is 5.26%. Net yield — after service charges, management fees, and maintenance provisions — will be lower; a realistic net operating yield range for a mixed-use building of this type in Dubai is 3.8–4.5%, subject to actual cost structure verification.
What types of apartments are in this building and how many of each?
The building contains 47 two-bedroom apartments, 92 one-bedroom apartments, and 1 studio — 140 units in total, spread across 24 residential floors. The 1BR-dominant mix aligns with JVC's prevailing demand profile and supports strong re-letting velocity, though it carries higher tenant turnover frequency than a 2BR-weighted portfolio.
What commercial units are included in this commercial building for sale in Dubai?
Three commercial units occupy the ground floor: two retail shops generating a combined AED 198,510 annually, and one restaurant unit generating AED 288,245 annually. All three benefit from direct community-facing access, consistent with the neighbourhood service-retail character of established JVC residential buildings.
Who is eligible to purchase a whole building in Dubai?
Both UAE nationals and foreign nationals can buy a whole building in freehold-designated zones like JVC, with no residency requirement for ownership. The acquisition requires DLD registration and payment of a 4% transfer fee on the contract value. Corporate purchasers — onshore or offshore — should confirm their structure's eligibility with a UAE property law firm ahead of transaction.
Does buying a commercial building in Dubai qualify for the UAE Golden Visa?
Real estate investments in Dubai above AED 2,000,000 can qualify for the 10-year UAE Golden Visa, subject to meeting the current eligibility criteria set by the Federal Authority for Identity, Citizenship, Customs and Port Security. At AED 165,000,000, this acquisition exceeds that threshold substantially — the buyer should confirm visa eligibility with an approved UAE immigration advisor, as conditions and documentation requirements can vary by applicant profile.
What due diligence is required when buying a large commercial building in Dubai?
Core due diligence for a whole-building acquisition at this scale includes: DLD title deed verification confirming no encumbrances or registered disputes; review of all executed tenant lease agreements; an independent valuation from a RICS-certified firm; NOC from the master developer (Nakheel for JVC); and confirmation of the RERA-registered service charge rate. Legal representation by a UAE-licensed real estate law firm is strongly advisable and should be engaged before any deposit is placed.
Is JVC a viable location for large-scale commercial real estate investment in Dubai?
JVC delivers competitive gross yields for income-generating mixed-use assets in Dubai's mid-market band, with consistent occupancy demand and a growing community infrastructure base. The honest trade-off: capital appreciation potential is more measured than in premium locations such as Downtown Dubai or Dubai Marina, and the absence of metro connectivity limits the rent premium achievable. Investors entering JVC should underwrite primarily for yield stability rather than speculative appreciation.