Urgent Distress Sale - 1 Bedroom Apartment in JVT

Type

Apartment

Purpose

Sale

Property Age

2 Years

Furnishing

Furnished

Average Rent

AED 63,216 Yearly

Updated

6th November 2026

Completion Status

Ready

Charming Oasis | Modern Amenities | Ideal Living Space URGENT SALE

**URGENT DISTRESS SALE | AED 75,000 BELOW ORIGINAL ACQUISITION COST!**

**ASKING PRICE: ONLY AED 550,000 — MOTIVATED SELLER!**

A compelling investment opportunity in **The Community, Jumeirah Village Triangle (JVT)**, offered at a substantial discount for an urgent cash transaction.

The seller purchased this apartment approximately three years ago for AED 596,000, with total acquisition costs of around AED 625,000 including DLD fees.

**NOW SELLING FOR JUST AED 550,000!**

That's AED 75,000 below the seller's original total acquisition cost and AED 90,000 below the next comparable asking price of AED 640,000.

**PROPERTY HIGHLIGHTS:**
- 1 Bedroom Apartment
- Approximately 490 sq. ft.
- Furnished
- Villa Community View
- Modern Facilities & Amenities
- Convenient Access to Mohammed Bin Zayed Road

**IMPORTANT — HOTEL APARTMENT CLASSIFICATION**

To save your time and ours, please note that this property is **registered with DLD as a HOTEL APARTMENT**, not a conventional residential apartment.

The ownership and rental conditions are as follows:

- **Personal Use:** Owners can occupy their apartments 365 days a year.
- **Long-Term Rentals:** Permitted, subject to a 12% developer fee on annual rental income. No Ejari is issued.
- **Short-Term Rentals:** Exclusively through the hotel-managed rental pool, with revenue distributed according to participating unit sizes.
- **Annual Service Charges:** Approximately AED 11,000.

**WHY IS THE PRICE SO ATTRACTIVE?**

The seller requires liquidity and is seeking an urgent cash sale.

This is a distressed resale opportunity for investors who understand the hotel apartment structure and prioritize acquisition price and investment economics.

**AED 550,000 | URGENT CASH SALE | SERIOUS BUYERS ONLY**

Please familiarize yourself with the hotel apartment classification and rental conditions before contacting us.

**Contact us today for further information and to discuss this opportunity.**

Posted on: 8th July 2025