The last 90 days in Jumeirah Village Circle, apartments only: 2,318 sales, up 12% on the previous 90 days. The median price fell 9% to AED 940,000. The median price per square foot fell 6% to 1,410. Gross rental yield, 8%.
Volume up and price down at the same time is what a supply wave looks like from the inside. JVC is scheduled to take about 16,900 new units between 2025 and 2027, more than any other area in Dubai. Developers are releasing stock, resellers are competing with them, and the buyer is the one with the choice right now.
What a AED 1 to 1.5 million budget buys here: at 1,410 per square foot, roughly 700 to 1,050 square feet. That is a large one-bedroom or a two-bedroom, ready or close to handover, in the most liquid entry-level market in the city.
Our read: this is a good moment to buy in JVC and a poor moment to be a landlord with an empty unit. The 8% is gross. Service charges, maintenance and the cost of buying and selling come off it, and in JVC the number to check hardest is vacancy: how long your unit sits empty while the tower next door is leasing up. That changes with the building and the year of handover, so we check it per building, never per area.
Source: Dubai Land Department transaction data, last 90 days, JVC apartments.