Below market value, Distress Property, Urgent Sale

Binghatti Gardenia JVC Distress Deal — 1 Bed High Floor | AED 850K

Ref: BG-JVC-1BR-001

Binghatti Developer

Jumeirah Village Circle, United Arab Emirates

Bedrooms

1

Down Payment

On Request

Handover Date

Ready to Handover
aed 850,000
Request_call
Description

Binghatti Gardenia JVC — 1 Bedroom Distress Deal | AED 850,000

Binghatti Gardenia in Jumeirah Village Circle (JVC) is a modern residential development by Binghatti Developers, one of the UAE’s most active boutique developers with a growing portfolio of quality residential projects across Dubai. This high-floor 1-bedroom apartment is offered at AED 850,000 — below the original purchase price of AED 870,000 and meaningfully below current market value where comparable 1-bedroom units in JVC trade from AED 900,000 upward.

This is a genuine distress below OP opportunity — the seller has a clear motivation to exit and is willing to negotiate on price to achieve a fast close. The unit is ready, vacant, and available for immediate transfer.

Property Details

  • Property Type: 1 Bedroom Apartment
  • Community: Jumeirah Village Circle (JVC), Dubai
  • Building: Binghatti Gardenia
  • Floor Level: High Floor
  • Size: 48 sqm (~517 sq ft)
  • Asking Price: AED 850,000
  • Original Purchase Price: AED 870,000
  • Market Value: AED 900,000+
  • Savings vs. Market: AED 50,000+ (5.5% below market)
  • Developer: Binghatti Developers
  • Status: Ready — Vacant
  • Mortgage: No (freehold, no mortgage on this unit)

Why This Deal?

JVC remains one of Dubai most consistently active residential communities — a mid-market, family-oriented neighbourhood with strong rental demand, established amenities, and some of the best gross yield figures in Dubai residential. A genuine 1-bedroom unit below AED 900,000 in JVC is increasingly rare as prices have firmed across the community in 2025–2026.

This specific unit is on a high floor — a meaningful premium in JVC where high-floor units command AED 30,000–50,000 above equivalent low/mid-floor units. The asking price of AED 850,000 for a high-floor 1-bedroom in JVC represents genuine value against a market that has moved to AED 900,000+ for standard units.

The seller is motivated. The unit is vacant. No mortgage complications. Ready for a fast, clean transaction.

About Binghatti Gardenia

is part of Binghatti Developers’ portfolio in JVC — known for contemporary architecture, quality finishes, and competitive pricing relative to larger developers. The building offers a range of 1 and 2-bedroom apartments designed for practical modern living with efficient layouts and good natural light.

Residents benefit from JVC community amenities including parks, jogging tracks, retail outlets, supermarkets, schools, and healthcare facilities — all within walking distance of the building.

Investment Highlights

  • Below Market Price: AED 850,000 against a market value of AED 900,000+ for comparable 1-bedroom units in JVC
  • Below Original Purchase Price: The seller paid AED 870,000 and is exiting below that — genuine below-OP deal
  • High Floor Premium: High-floor position adds value — high-floor 1BR units in JVC typically trade AED 30,000–50,000 above equivalent lower-floor units
  • Vacant and Ready: No tenant, no waiting — immediate occupancy or rental from day one
  • No Mortgage: Clean title, no lender complications, straightforward transfer process
  • Strong Rental Market: 1-bedroom apartments in JVC achieve AED 60,000–80,000/year in gross rental — gross yields of 7–9% are achievable at current prices
  • Prime JVC Location: JVC sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road with easy access to Dubailand, Sports City, and the rest of Dubai
  • Capital Growth Potential: JVC has demonstrated consistent appreciation — units that sold for AED 550,000 in 2021 now trade at AED 800,000–900,000

Villa / Apartment Features

  • 1 spacious bedroom with fitted wardrobe
  • Modern open-plan living and dining area
  • Fully fitted kitchen with integrated appliances
  • High floor position — city and community views
  • Quality finishes and fixtures throughout
  • Central air conditioning
  • Covered parking space
  • Building amenities including gym and pool
  • 24-hour security
  • Vacant — ready for immediate occupation
  • No mortgage — clean title deed

Distress Pricing Analysis

At AED 850,000, this 1-bedroom high-floor apartment in Binghatti Gardenia JVC is priced below both the original purchase price of AED 870,000 and well below current market value of AED 900,000+. The sellers motivation creates a genuine below-market opportunity.

Comparable recent transactions in JVC for 1-bedroom apartments:

  • Standard 1BR JVC (mid-floor): AED 850,000–900,000
  • High-floor 1BR JVC (comparable buildings): AED 880,000–950,000
  • Binghatti Elite 1BR (similar product): AED 860,000–920,000
  • Binghatti Ruby 1BR: AED 870,000–930,000

This high-floor unit at AED 850,000 is priced at the lower end of the JVC 1-bedroom market despite commanding a high-floor premium — a meaningful anomaly that reflects seller motivation rather than quality compromise.

JVC Market Overview

Jumeirah Village Circle (JVC) is one of Dubai most established mid-market residential communities. Developed across a mix of freehold plots, the community features a wide range of apartment buildings, townhouse clusters, and villa compounds organised into distinct districts with their own character.

JVC has become one of Dubais most sought-after communities for a specific reason: it delivers genuine residential lifestyle — parks, schools, retail, restaurants, healthcare — at price points that remain accessible relative to downtown Dubai, Dubai Marina, and other established areas.

Key JVC facts:

  • JVC sits between Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311)
  • Dubai Miracle Garden and Hot Air Ballooning are minutes away
  • Dubai International Airport is approximately 25 minutes
  • Dubai Marina and JBR are approximately 15 minutes
  • Downtown Dubai is approximately 20 minutes
  • Multiple schools and nurseries within the community
  • Circle Mall (JVC’s own shopping centre) anchors retail
  • Consistently high occupancy rates — JVC is a landlord-favoured community for rental income

Frequently Asked Questions

What is the asking price for this 1-bedroom apartment?

The asking price is AED 850,000 — below the original purchase price of AED 870,000 and below the current market value of AED 900,000+ for comparable units in JVC.

Is the apartment ready to move in?

Yes. The apartment is ready, vacant, and available for immediate occupation or rental. There are no tenants, no developer snagging issues, and no delay.

Is there a mortgage on the property?

No. This is a cash deal with clean title — no mortgage, no lender complications. The transfer process is straightforward.

What is the size of the apartment?

The apartment is 48 sqm (approximately 517 sq ft) on a high floor of Binghatti Gardenia in JVC.

Is this a genuine distress deal?

Yes. The seller is motivated to exit and has priced the unit below both their original purchase price (AED 870,000) and current market value (AED 900,000+). This is a genuine distress-below-OP situation — not inflated was/now pricing.

What rental income can this generate?

1-bedroom apartments in JVC typically achieve AED 60,000–80,000/year in gross rental. At AED 850,000, this represents a gross yield of 7–9% — among the best in Dubai mid-market residential.

Key Features

  • 1 Bedroom — high floor position
  • Size: 48 sqm (517 sq ft)
  • Asking Price: AED 850,000
  • Original Price: AED 870,000
  • Market Value: AED 900,000+
  • Savings: AED 50,000+ vs market
  • Ready — Vacant
  • No mortgage — clean title
  • Binghatti Developers quality
  • JVC community — parks, schools, retail
  • Gym and pool in building
  • 24-hour security
  • Covered parking
  • Gross yield potential: 7–9%

Contact Distress Property Finder Today

This is a genuine distress below-OP opportunity in one of Dubai most active residential communities. With a high-floor 1-bedroom in JVC at AED 850,000 — AED 50,000 below market value — this is one of the best-value 1-bedroom deals currently available in JVC. Vacant, no mortgage, ready for fast transaction.

Contact Distress Property Finder today to arrange a viewing or to discuss investment details.

All information is provided in good faith and is subject to verification. Prices and availability are subject to change without notice.

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Features

24x7 Security
24x7 Security
Balcony
Balcony
Club House
Club House
Covered Parking
Covered Parking
Golf Club
Golf Club
Gym
Gym
kids play area
kids play area
Swimming Pool
Swimming Pool

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