UniEstate Prime Tower
Studio
About the building
10-storey residential building in JVC District 10, completed in 2020. Developer — UniEstate. Architect — Barajeel Engineering Consultants.
Where it is
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 NP9-108600
How much is this studio in UniEstate Prime Tower?
Lot NP9-108600 is priced at AED 625 000, about $170 000. The listing does not state a size, so no price per square foot is given.
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.
What are prices like in JVC?
The database holds 264 lots in JVC. The area median is AED 2 216 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 140 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?
According to the listing, the property is ready. The project passport gives 2020 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 125 000; a loan of AED 500 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 600–2 900 a month. A non-resident puts down from 40% (AED 250 000) and pays about AED 1 900–2 200 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 25 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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?
The lot's price is AED 125 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 375 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about UniEstate Prime Tower?
The building has 10 floors. The developer is UniEstate. Completion year: 2020. Figures are from the project passport: Propsearch and the Dubai Land Department.
UniEstate Prime Tower project page →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 NP9-108600 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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