Milano by giovanni
2 BR · Apartment
About the building
19-storey mixed-use complex in JVC District 17, completed in 2019. Developer — Arthur & Hardman Real Estate Development and Golden Homes Investments Ltd. Architect — Mimar Emirates Engineering Consultants.
Where it is
The pin is placed by project — accurate to the development, not the door.
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP6-107819
How much is this 2-bedroom apartment in Milano by giovanni?
Lot NP6-107819 is priced at AED 1 400 000, about $381 000. The size is 1 150 sq ft (107 m²), which works out at AED 1 217 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for JVC?
The database holds 260 lots in JVC. The area median is AED 2 224 per sq ft; this lot is at AED 1 217. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 136 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2019 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 280 000; a loan of AED 1 120 000 over 25 years at 3.75–4.99% a year comes to roughly AED 5 800–6 500 a month. A non-resident puts down from 40% (AED 560 000) and pays about AED 4 300–4 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 56 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 600 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Milano by giovanni?
The building has 19 floors and 124 units. Completion year: 2019. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-107819 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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