Jumeirah Village Circle
Ghalia
DAMAC DEVELOPMENT(L L C) · Selling since 2008 · recent sales mostly resales
Street View imagery near Ghalia, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 993/sqft
3yr CAGR
-3.3%
5yr projection (1,000 sqft)
AED 1,006,131
AED 592,262 to AED 1,743,604, from 12.3 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Ghalia — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Ghalia over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Ghalia 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 |
|---|---|---|---|---|
| Studio | AED 550K | AED 46,000/yrthis building · 187 new lets | 8.4% | 39 |
| 1 bed | AED 817.5K | AED 64,663/yrthis building · 68 new lets | 7.9% | 16 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 14/sqft across 76 buildings, most recently filed for 2023. 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 |
|---|---|---|---|---|
| Studio | AED 6,186 | AED 39,814 | 8.4% | 7.2% |
| 1 bed | AED 10,500 | AED 54,163 | 7.9% | 6.6% |
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.
Due diligence
Price vs. Jumeirah Village Circle median
-31.2%
Priced at or below the area's real median.
Developer track record
6,987 real transactions
11 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
978 m
Kinderopvang smallsteps leidsche rijn
Nearest hospital
2.9 km
Mediclinic Springs
Nearest supermarket
135 m
Star Mart Supermarket
Schools
- Kinderopvang smallsteps leidsche rijn978 m
- Dubai British School Emirates Hills2.9 km
- Nord Anglia International School2.9 km