VIRTUE LAND REAL ESTATE DEVELOPMENT L.L.C · Selling since 2008 · recent sales mostly resales
AED 918/sqft
+6.3%
AED 546,783
AED 427,915 to AED 819,555, from 9.9 years of this project's own history. A trend, not a forecast.
High
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in City Apartments — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in City Apartments over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in City Apartments itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 870K | AED 68,000/yrthis building · 15 new lets | 7.8% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 10.5% instead of 7.8%, because it prices the home at AED 650K — the median across every sale on record — rather than the AED 870K it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 18/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 16,105 | AED 51,895 | 7.8% | 6.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Jumeirah Village Circle median
-36.4%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
2.0 km
Kinderopvang smallsteps leidsche rijn
425 m
west zone
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Jumeirah Village Circle — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.