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JVC

Skyhills Residences 2

1 BR · Apartment

About the building

36-storey residential building in JVC District 18. Developer — Hijazi Real Estate Development. Architect — MMS Architectural & Engineering Consultants и Arec Engineering Consult.

What the building has

  • Shops

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 P3-144996

How much is this 1-bedroom apartment in Skyhills Residences 2?

Lot P3-144996 is priced at AED 1 348 057, about $367 000. The size is 860 sq ft (80 m²), which works out at AED 1 568 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 1 500 000; it is now AED 1 348 057 — AED 151 943 less, or 10%.

How does this price compare with other lots in Skyhills Residences 2?

The database holds 2 lots in Skyhills Residences 2 right now, from AED 1 150 000 to AED 1 348 057. 2 of them share this type and bedroom count: this lot is the most expensive.

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, at AED 1 568, is 29% below it. 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?

According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.

Can I get a mortgage on this lot while it is still under construction?

During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.

Mortgage for the final payment →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 53 922 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 651 943 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 Skyhills Residences 2?

The building has 36 floors and 17 units. The developer is Hijazi Real Estate Development. Figures are from the project passport: Propsearch and the Dubai Land Department.

Skyhills Residences 2 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 P3-144996 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Skyhills Residences 2

Reviews from the English YouTube channel — each one with a written breakdown on this site.

QR code for Dubai Land Department advertising permit validation

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