Distress Deal: 1BR at Diamond Views 4, JVC, Dubai — AED 665,000 | Rented AED 59,000/yr | 8.87% Gross Yield

Income-Generating 1-Bedroom Apartment for Sale in Diamond Views 4, Jumeirah Village Circle — Below Market, Tenanted Day One

A distress sale has emerged at Diamond Views 4 by Diamond Developers in Jumeirah Village Circle (JVC), Dubai — one of the city’s most established and highest-yielding residential communities. This 1-bedroom apartment spanning 667 sq ft is priced at AED 665,000 (AED 997 per sq ft), below the current JVC market range of AED 1,000–1,200 per sq ft for comparable ready 1BR stock. More importantly, the unit is currently rented at AED 59,000 per year, producing a proven gross rental yield of 8.87% at the asking price — significantly above JVC’s community average of 7–8% and Dubai’s overall 2025 average of 6.76%. This 1BR Diamond Views 4 JVC for sale is a ready, tenanted, below-market asset located directly behind Circle Mall. The buyer collects rent from the day the title deed transfers — no vacancy gap, no furnishing cost, no tenant search.

Property Highlights

• Project: Diamond Views 4 by Diamond Developers
• Location: Jumeirah Village Circle (JVC), District 14, Dubai, UAE — behind Circle Mall
• Unit Type: 1-Bedroom Apartment
• Size: 667 sq ft
• Floor: Available on request (5-storey building)
• View: Community / garden view (exact stack on request)
• Asking Price: AED 665,000
• Price Per Sq Ft: AED 997
• JVC Market Range (1BR ready): AED 1,000–1,200/sqft
• Current Annual Rent: AED 59,000/year (contracted, in place)
• Gross Rental Yield at Ask: 8.87%
• Building Status: Ready — completed circa 2014
• Developer: Diamond Developers
• Ownership: Freehold — all nationalities eligible
• Parking: 1 covered space
• Listing Reference: DIAMONDV4-JVC-1BR-001

About Diamond Views 4 and Diamond Developers

Diamond Views 4 is a five-storey residential building in JVC District 14, Jumeirah Village Circle, comprising approximately 250 apartments and a small number of townhouses. Unit types include studios, 1, 2, and 3-bedroom apartments, each featuring built-in wardrobes, marble floors, fitted kitchens with ceramic countertops, central air conditioning (Empower district cooling), and — for most 1BR+ units — a balcony. The building’s amenities include a swimming pool, spa, gymnasium, BBQ deck, children’s play area, landscaped communal gardens, 24/7 security with CCTV, and an on-site maintenance team. Pets are permitted. The building is directly behind Circle Mall, JVC’s primary retail and dining destination.

Diamond Developers was founded in 2002 and is one of Dubai’s original freehold developers — among the first companies to operate in the freehold property sector from its inception. The developer is known for delivering quality, affordable residential communities in JVC and across Dubai. Diamond Views 1, 2, 3, and 4 have been operational for over a decade and represent one of JVC’s most established low-rise residential clusters.

Community & Lifestyle — Jumeirah Village Circle (JVC)

• JVC is a master-planned freehold community developed by Nakheel, designed as a “village in a city” with over 30 landscaped parks and wide, tree-lined boulevards
• Directly behind Circle Mall — 80+ retail stores, 40+ dining options, a Waitrose supermarket, a VOX Cinema and a sports hub, all within a 2-minute drive or 10-minute walk
• JSS International School (ICSE curriculum) is within the community; Sunmarke School and Arcadia British School are nearby
• Spinneys supermarket within a 9-minute drive; Choithrams and community mini-markets accessible on foot
• JVC yields 7–8% average gross rental yield — among the highest in Dubai — driven by consistent expat professional and young family tenant demand
• Freehold community accessible to all nationalities; competitive pricing versus Downtown Dubai, Dubai Marina, and Business Bay makes JVC one of Dubai’s highest-demand rental postcodes
• Dubai Miracle Garden (8 min), Dubai Butterfly Garden (8 min), FIVE Jumeirah Village Hotel (walking distance) add lifestyle appeal for tenants and short-stay renters

Amenities

• Swimming pool for residents
• Spa and wellness facilities
• Fully equipped gymnasium
• Barbecue deck for resident gatherings and events
• Dedicated children’s play area
• Landscaped communal gardens and outdoor spaces
• Spacious covered parking (1 bay per apartment)
• High-speed passenger elevators
• 24/7 security team with CCTV monitoring
• On-site maintenance team for prompt service
• District cooling via Empower (centrally managed, no chiller unit maintenance)
• DEWA utilities connection
• Pet-friendly building

Layout & Floor Plan

The 1-bedroom apartments at Diamond Views 4 typically feature a master bedroom with en-suite bathroom and fitted wardrobes, a living and dining area, a fitted kitchen with ceramic countertops, a balcony, and marble floors throughout. Central air conditioning is managed building-wide via Empower district cooling. The exact floor, unit number, room-by-room layout, and balcony orientation for this specific distress unit are available on request from the listing agent. Contact via WhatsApp quoting reference DIAMONDV4-JVC-1BR-001.

Payment & Transfer Costs

Diamond Views 4 is a fully completed, ready building — this is a straightforward secondary market cash or mortgage purchase. There is no off-plan installment plan to absorb. The buyer pays the agreed purchase price of AED 665,000 at DLD transfer. Additional costs are: DLD transfer fee at 4% of purchase price (AED 26,600), and trustee/conveyancing fee of approximately AED 4,200. Total indicative all-in cost for the buyer is approximately AED 695,800. Agency fees of 2% + VAT are charged separately. The existing tenancy at AED 59,000 per year transfers automatically to the new registered owner under Dubai’s tenancy law — the buyer begins collecting rent immediately.

Location & Connectivity

• Circle Mall (80+ stores, Waitrose, VOX): ~2 min drive / ~10 min walk
• JVC Mirabella Villas Bus Stop: ~2 min walk (multiple RTA bus routes)
• FIVE Jumeirah Village Hotel: Walking distance
• JSS International School: ~6 min drive (within JVC)
• Dubai Miracle Garden: ~8 min drive
• Dubai Butterfly Garden: ~8 min drive
• Mall of the Emirates: ~15 min drive
• Dubai Marina / JBR: ~15 min drive
• Dubai Internet City Metro Station (Red Line): ~12 min drive
• Downtown Dubai / Burj Khalifa: ~20 min drive
• Dubai International Airport (DXB): ~25 min drive
• Al Maktoum International Airport (DWC): ~30 min drive
• Access via Al Khail Road (E44), Sheikh Mohammed Bin Zayed Road (E311), and Hessa Street (D61)

Why Invest in Diamond Views 4, JVC

• 8.87% gross yield — proven and contracted: At AED 665,000, the AED 59,000 rent already in place produces a gross yield of 8.87% — significantly above both JVC’s 7–8% community average and Dubai’s overall 6.76% average for 2025. This is income you collect from day one, not a projection
• Below market on a per-sqft basis: AED 997/sqft versus the JVC market range of AED 1,000–1,200/sqft for comparable ready 1BR stock — an immediate equity cushion on entry
• Zero fit-out cost, zero vacancy: The unit is furnished, tenanted, and income-generating. The buyer’s only task is the purchase — the asset operates immediately upon DLD transfer
• Circle Mall at the front door: The proximity to Circle Mall is a durable lifestyle anchor that drives tenant retention and above-average occupancy for JVC units in this location
• JVC’s structural rental demand: JVC is one of Dubai’s consistently highest-yielding communities due to its affordability relative to central areas, its well-established expat family and professional tenant base, and its position at the intersection of three major arterial roads
• Ready, no-risk asset: Diamond Views 4 has been operational since circa 2014 — over a decade of proven building management, established community infrastructure, and confirmed district cooling efficiency. No construction risk, no developer delivery risk, no milestone payment uncertainty
• Low entry point, high yield return: At under AED 700,000 all-in, this is one of the most accessible high-yield entry points available in Dubai’s residential market — rare in 2026 with prices across the city rising sharply

Frequently Asked Questions (FAQs)