Terrazzo Residences Building A
1 BR · Apartment
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 NP9-526668
How much is this 1-bedroom apartment in Terrazzo Residences Building A?
Lot NP9-526668 is priced at AED 1 190 000, about $324 000. The size is 979 sq ft (91 m²), which works out at AED 1 216 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 268 lots in JVC. The area median is AED 2 229 per sq ft; this lot is at AED 1 216. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 148 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.
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 238 000; a loan of AED 952 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 900–5 600 a month. A non-resident puts down from 40% (AED 476 000) and pays about AED 3 700–4 200 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 47 600 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?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 810 000 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 →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 NP9-526668 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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