Studio Apartment — Cash Buyer Only, Imtiaz Developments, Jumeirah Village Circle (JVC), Dubai, UAE — Cash only.
450 sqft BUA (41.8 sqm) | 1 Covered Parking | Semi-Furnished | JVC Community and Garden View | Mid Floor
Asking Price: AED 720,000 — AED 0 (At Cost (OP + 4% DLD = Zero Seller Profit)) below original price of AED 692,308; AED 60,000 below current market value of AED 780,000
Payment status: 95% paid by seller (AED 657,692); buyer assumes remaining 5% (AED 34,616) at Imminent — Weeks Away
Handover: Imminent — Weeks Away | JVC — Dubai’s highest-volume residential community with 12,800 DLD transactions in 2025 and 8.2% studio rental yields

What is this Pearlhouse 3 Studio deal in JVC?

This is a verified motivated-seller distress listing at Pearlhouse 3 by Imtiaz Developments in JVC. The seller is exiting at AED 0 (At Cost (OP + 4% DLD = Zero Seller Profit)) below the original purchase price of AED 692,308, handing the incoming buyer AED 60,000 in immediate paper equity versus the current secondary market value of AED 780,000. At AED 1,600/sqft, this 450 sqft Studio enters the JVC market at a price that is AED 133/sqft below the current JVC resale comparable of AED 1,733/sqft — a built-in discount of 7.7% from the moment of signing. JVC recorded 12,800 DLD-registered residential transactions in 2025, up 17% year-on-year, confirming the depth of buyer liquidity that supports any future disposal.

The unit is positioned on Mid Floor at Pearlhouse 3, delivering JVC Community and Garden View. Semi-Furnished specification means the buyer benefits from the flexibility to finish the unit to their own specification while capitalising on the seller discount. Handover is scheduled for Imminent — Weeks Away, with 95% of the original purchase price already paid by the seller. The buyer assumes only the remaining 5% (AED 34,616) at Imminent — Weeks Away handover — providing cashflow planning runway of 36 or more months between transfer and final payment.

The seller’s exit is driven by a genuine personal liquidity need — not a change in market outlook, developer delivery risk or asset-specific concern. Having committed AED 657,692 (95% of the original price) in capital, the seller is crystallising a zero-profit exit rather than holding through the remaining construction period to the Imminent — Weeks Away handover. For the buyer, this is an entry at AED 1,600/sqft against a JVC resale market of AED 1,733/sqft and new off-plan launches pricing at AED 1,700/sqft — a simultaneous discount to both current resale and future replacement cost that cannot be achieved through any direct developer channel in JVC today.

Pearlhouse 3 JVC — Property Specifications

Project: Pearlhouse 3
Developer: Imtiaz Developments
Community: Jumeirah Village Circle (JVC), Dubai
Unit Type: Studio Apartment — Cash Buyer Only
BUA: 450 sqft (41.8 sqm)
Bathrooms: 1
Parking: 1 Covered Space
Floor: Mid Floor
View: JVC Community and Garden View
Furnishing: Semi-Furnished
Handover: Imminent — Weeks Away
Ownership Type: Freehold — Open to All Nationalities
Listing Reference: PEARLHOUSE3-IMTIAZ-JVC-STUDIO-DISTRESS-001

Payment Plan Breakdown — What the Buyer Takes Over

95% Already Paid by Seller: AED 657,692 — seller has paid 95% of the original purchase price of AED 692,308 to Imtiaz Developments across multiple installments
Buyer Transfer Payment to Seller (at MOU): AED 685,384 — buyer pays seller the agreed price minus the outstanding handover installment at MOU execution
DLD Registration Fee (4% of Selling Price): AED 28,800 — mandatory property transfer fee paid by buyer directly to DLD at novation registration
Developer NOC and Transfer Fee (Imtiaz Developments): approx. AED 5,000–6,500 — standard developer No Objection Certificate and administrative fee
5% Final Installment — On Handover (Imminent — Weeks Away): AED 34,616 — final payment due directly to Imtiaz Developments at unit handover, assumed by buyer on novation
TOTAL ALL-IN BUYER COST: AED 754,300 (purchase price AED 720,000 + DLD AED 28,800 + NOC approx.). Zero agent fee for buyer.

The transfer process works via a Imtiaz Developments-approved novation: the seller is legally replaced on the original SPA by the new buyer with the developer’s written consent. The seller first obtains a No Objection Certificate from Imtiaz Developments confirming no arrears or disputes; both parties execute an MOU with a 10% escrow deposit of AED 72,000; Imtiaz Developments, the seller and the buyer sign the novation SPA; the buyer registers at the Dubai Land Department and pays the 4% DLD fee of AED 28,800 directly. The buyer then assumes the final 5% installment of AED 34,616 due at Imminent — Weeks Away handover. DistressPropertyFinder.com coordinates the full process — from initial documentation review and NOC procurement through to DLD title registration.

Pricing Analysis — Why This is a Deal in 2026

Original Purchase Price (OP): AED 692,308
DLD Registration Fee (4%): AED 28,800
Total Original Cost (OP + DLD): AED 721,108
Seller’s Asking Price: AED 720,000
Seller’s Loss vs OP: AED 0 (At Cost (OP + 4% DLD = Zero Seller Profit)) — genuine cash loss, not a paper adjustment
Current JVC Market Value: AED 780,000
Buyer’s Day-One Unrealised Equity: AED 60,000 (8.3% of acquisition price)
This Listing — Price per Sqft: AED 1,600/sqft
JVC Current Resale Market — Price per Sqft: AED 1,733/sqft (source: JVC studio current secondary market)
New Off-Plan Launches in JVC (2025–2026): AED 1,700+/sqft
Estimated Gross Rental Yield at Asking Price: 6.9%–9.0% p.a.
Estimated Annual Rent (Mid-Range): AED 57,000/yr
Estimated Annual Service Charge: AED 8,000/yr
Total All-In Acquisition Cost (Price + DLD): AED 748,800
Agent Fee for Buyer: Zero

At AED 1,600/sqft, this unit sits AED 133/sqft (7.7%) below the current JVC secondary market average and AED 100/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today would pay materially more for an equivalent JVC address with a 2–3 year construction wait and no existing owner discount. At a gross rental yield of 7.9% on the mid-range annual rent estimate of AED 57,000, this unit provides AED 49,000/yr net of service charges on a day-one basis — before any capital appreciation across the Imminent — Weeks Away hold period is factored in.

JVC Location — Why This Community Matters

Jumeirah Village Circle (JVC) is Dubai’s highest-volume residential sub-market by unit count, recording 12,800+ DLD transactions in 2025 — more than any other single community. The circular planned community of 2,700+ buildings offers direct access to Al Khail Road and Sheikh Mohammed Bin Zayed Road, enabling 15-minute access to Dubai Marina and 16-minute access to Downtown. JVC consistently delivers Dubai’s highest rental yields in the AED 500,000-900,000 price segment at 7.6-8.2%.

JVC is served by Circle Mall (500+ stores) at its geographic centre. Al Khail Road provides immediate access to JBR, Marina, Downtown and DIFC. The Mohammed bin Zayed Road interchange enables rapid access to Abu Dhabi. Bus routes D03, F28 connect to Metro.

JVC studios currently achieve AED 50,000-65,000/yr in annual leases per Ejari. New buildings like Pearlhouse 3 by Imtiaz command a premium over older stock, targeting AED 52,000-68,000 annually. At AED 720,000, a conservative AED 58,000 annual rent equates to 8.1% gross yield — significantly above the Dubai average of 5.7% net yield.

JVC’s 12,800 annual transactions (2025) demonstrate the deepest retail buyer liquidity pool in Dubai. Imtiaz Developments is a Tier-2 developer with a track record of on-time delivery — Pearlhouse 3 is days from handover at time of this listing. JVC property values grew 17% year-on-year in 2025, above the Dubai-wide average of 18% for all areas (but notably strong for this price bracket).

JVC Distances & Connectivity

Circle Mall JVC: 1 km — Shopping & Entertainment
Mall of the Emirates: 10 km — Mega Mall
Dubai Marina: 12 km — Marina & Lifestyle
JBR Beach: 14 km — Beach & Leisure
Dubai International Airport DXB: 22 km — International Airport
Burj Khalifa: 16 km — Iconic Landmark
Dubai Mall: 16 km — Shopping
DIFC: 15 km — Financial Centre

Pearlhouse 3 — Building & Amenities

Rooftop Swimming Pool
Fully Equipped Gymnasium
Retail Shops at Ground Level
24-Hour Security
Covered Parking (1 Space)
Kids Play Area and Community Gardens
BBQ and Outdoor Lounge Area
Landscaped Podium Gardens
High-Speed Lifts
Smart Home Features
Lobby Lounge and Package Concierge
Proximity to Circle Mall JVC (5-Minute Walk)

Who Should Buy This Pearlhouse 3 Studio in JVC?

The Capital-Efficient Below-Market Investor: You have been tracking JVC fundamentals and seeking a distress entry below current resale pricing. At AED 1,600/sqft versus market AED 1,733/sqft and new off-plan at AED 1,700/sqft, this unit provides AED 60,000 in day-one unrealised equity — a 8.3% immediate paper return. Imtiaz Developments’s construction milestone system and RERA-regulated escrow account de-risk the Imminent — Weeks Away handover. At a conservative AED 57,000/yr annual rent post-handover, gross yield of 7.9% compares favourably with European prime residential at 2-4%.
The End-User Buyer or Lifestyle Purchaser: You are currently renting in JVC or a neighbouring community and want to own rather than lease. Typical Studio rents in JVC range from AED 50,000 to AED 65,000/yr — meaning you have already paid the equivalent of this acquisition in 14–18 months of rent. At AED 748,800/yr all-in (including DLD, zero agent fee), ownership of a 450 sqft Semi-Furnished Studio with JVC Community and Garden View delivers both lifestyle value and equity accumulation that renting cannot replicate. Handover in Imminent — Weeks Away aligns with most standard lease renewal cycles, enabling a seamless transition from tenant to owner.
The Portfolio Diversifier and Institutional Acquirer: You already hold property in a mature Dubai sub-market and are seeking a high-conviction, below-replacement-cost position in JVC to diversify your income base. Imtiaz Developments’s brand provides institutional-quality exit liquidity at any future disposal — secondary buyers recognise the developer premium and price accordingly. The AED 60,000 built-in equity provides a meaningful margin of safety against short-term market softening, while the semi-furnished specification allows cost-controlled customisation with the discount providing the capex budget. JVC’s 12,800 annual transactions (2025) confirm strong liquidity depth for a future exit at any timeline.

How to Acquire This Pearlhouse 3 Unit — Step by Step

Express Interest (Day 0): Contact Distress Property Finder quoting listing reference PEARLHOUSE3-IMTIAZ-JVC-STUDIO-DISTRESS-001. We share full SPA, all payment receipts (AED 657,692 confirmed to Imtiaz Developments), unit floor plan and title deed extract within 24 hours.
Documentation Review (Day 1–3): Examine the original SPA with Imtiaz Developments, DLD registration certificate, all installment payment receipts, and current building progress report. Independent legal review via a UAE-registered conveyancer is recommended.
Sign MOU — Form F (Day 3–7): Execute the Memorandum of Understanding with the seller. A 10% deposit of AED 72,000 is held by a DLD-registered trustee in escrow pending NOC.
Obtain Imtiaz Developments NOC (Day 7–17): DistressPropertyFinder.com submits the novation application to Imtiaz Developments. NOC is typically issued within 5–10 business days. Developer NOC and transfer fee of approximately AED 5,000–6,500 applies.
Execute Novation SPA (Day 15–20): Imtiaz Developments, the seller and the buyer sign the novation SPA. The buyer is now the registered purchaser on the Imtiaz Developments SPA for the remaining 5% at Imminent — Weeks Away handover..
Dubai Land Department Registration (Day 17–22): Both parties attend DLD (or authorise a licensed registered agent). Buyer pays DLD registration fee of AED 28,800 (4% of selling price) directly to DLD. Title deed issued: 1–3 business days.
Final Payment to Seller (Day 17–22): Buyer pays AED 685,384 to the seller at DLD registration. MOU escrow deposit is credited against this amount.
Monitor Construction and Prepare for Handover (Post-Transfer): Buyer monitors Imtiaz Developments construction updates and prepares AED 34,616 (5%) for Imminent — Weeks Away handover. DistressPropertyFinder.com manages the full process from MOU to title deed.

Distress Deal | Pearlhouse 3 | Studio at JVC | At Cost (OP + 4% DLD = Zero Seller Profit) Below OP | JVC Community - Gallery

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