Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
New launchAspin Grove Retail — commercial retail unit in JVC from Mitchell's Commercial Real Estate

AYS · JVC

Aspin Grove Retail

PriceFrom AED 1,563 PSF
Payment plan60/40

Connect for special pricing and payment terms.

Parking
Resident parking (standard for JVC developments)
Handover
2028
WhatsApp

On this page

Quick navigation

Property

Location Overview

Jumeirah Village Circle (JVC) is a well-established, family-oriented residential development by Nakheel, known for its suburban atmosphere and strong community appeal. Located in District 10, Aspin Grove sits within one of JVC's most accessible residential zones, characterized by low-to-mid-rise apartment complexes and walkable neighborhood streets.

Strategically located between Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311), JVC offers seamless connectivity to key areas like Dubai Marina, Downtown Dubai, and Mall of the Emirates. The community features over 30 landscaped parks, including Halfa Park and Castle Park, providing walking tracks and children's play areas that drive consistent pedestrian activity.

The demographics of JVC are diverse, with a mix of families, young professionals, and expatriates. Its peaceful and suburban feel attracts families looking for a relaxed environment, while its affordable housing options also make it appealing to singles and couples. This established residential base creates reliable demand for convenience-driven retail, particularly cafés, wellness services, specialty food concepts, and everyday essentials.

JVC's retail landscape benefits from steady year-round footfall driven by school runs, resident commuting patterns, and the community's car-dependent lifestyle, combined with walkable neighborhood retail corridors. The area is anchored by Circle Mall, which houses over 80 retail shops, 40 dining outlets, and major supermarkets including Spinneys and Nesto Hypermarket.

Strategic Travel Times Across the City

The location in District 10 offers balanced connectivity via Hessa Street (D61) and Al Khail Road (E44):

  • 20 minutes — Dubai Marina, JBR
  • 21 minutes — Palm Jumeirah
  • 20-25 minutes — Downtown Dubai, Business Bay
  • 18 minutes — Mall of the Emirates
  • 24 minutes — Dubai International Airport (DXB)
  • 25-30 minutes — Al Maktoum International Airport (DWC)

Project Overview

A Boutique Pre-Launch Development by AYS Developers

AYS Property Development LLC, founded in 2008 in Dubai, stands as a distinguished force in the highly competitive UAE real estate market. The company is recognized for its comprehensive portfolio, encompassing high-end residential towers, luxury villas, sophisticated commercial spaces, and integrated mixed-use communities.

The core design philosophy of AYS Property Development centers on blending modern architectural aesthetics with functional luxury and sustainable design practices. The developer has a celebrated history of meeting, and often exceeding, scheduled handover dates, minimizing the typical risks associated with off-plan purchasing.

AYS Developers' JVC portfolio includes Q Gardens Aliya, Q Gardens Lofts, and Q Gardens Lofts 2—projects that emphasize elegant interiors, smart home integrations, and access to resort-style facilities. Aspin Grove continues this design language as a modern low-rise community with high-specification European finishes.

Key Developer Attributes:

  • Founded in 2008, with international presence in Russia and Finland
  • Guinness World Record holder for largest real estate lesson training
  • Track record of on-time or early delivery
  • Focus on boutique, limited-collection projects
  • High-specification materials and certified construction partners
  • Investor-friendly payment structures

Building Configuration

The building configuration outlined below reflects information provided by the developer for this pre-launch project. Final specifications for Aspin Grove will be confirmed upon official release.

  • Ground Floor: Two retail units with street-facing frontage
  • Upper Floors: Residential units (modern low-rise configuration)
  • Design Language: High-specification European finishes, contemporary architecture
  • Parking: Resident parking (standard for JVC developments)

This boutique format ensures direct visibility from pedestrian and vehicular traffic, with retail positioned to serve both building residents and the surrounding District 10 community.

Retail Overview

  • Total Retail Units: 2 units available
  • Starting Price: From AED 1,563 PSF
  • Payment Plan: 60/40
  • Completion Date: 2028

Ideal Uses

Given the unit sizes and JVC's community profile, these retail spaces are well-suited for:

  • Specialty café or artisan bakery — High-specification European finishes align with boutique F&B concepts
  • Boutique fitness studio — Pilates, yoga, or personal training (wellness-focused demographic)
  • High-end grooming salon — Ladies' or unisex salon with upscale positioning
  • Health & wellness clinic — Physiotherapy, aesthetics, dental
  • Gourmet grocery or organic food store — European-inspired specialty foods
  • Pet grooming or boutique pet services — Underserved in many JVC pockets
  • Children's concept — Tutoring center, Montessori enrichment, kids' boutique

These categories align with JVC's family-oriented, mid-to-upper-middle-income demographic and the project's prime positioning.

Retail Positioning & Strengths

  • Boutique positioning: a small retail component within the building, with limited competing space on site
  • High rental yield potential: Developer-highlighted strength, supported by JVC's strong residential demand
  • High-specification European finishes: Elevates the retail environment beyond standard JVC offerings, supporting higher-end concepts
  • District 10 location: Accessible entry/exit points via Hessa Street, high daily vehicular movement
  • Captive residential audience: Built-in customer base from building residents and surrounding District 10 developments
  • Modern low-rise community: Human-scale architecture encourages walkable retail engagement
  • Family demographic match: JVC's profile supports child-focused services, wellness concepts, and high-end lifestyle retail

Design & Finishes

The design elements referenced below are based on developer-confirmed features for this pre-launch project. Final specifications for Aspin Grove will be determined solely by the developer's official documentation.

Confirmed Features:

  • High-specification European finishes throughout
  • Modern low-rise architectural language
  • Boutique limited-collection design approach
  • Contemporary façade materials (consistent with AYS portfolio standards)

Expected Elements (Based on AYS Portfolio):

  • Smart home integrations
  • High-quality lobby and common areas
  • Resort-style residential amenities (pool, gym, landscaped areas)
  • Energy-efficient building systems

Views & Exposure

  • Street-facing frontage: Ground-level visibility from primary District 10 circulation routes
  • Pedestrian accessibility: Walkable from surrounding residential buildings and parks
  • Vehicular exposure: Visibility from incoming/outgoing traffic via Hessa Street access points
  • Community integration: Positioned within JVC's established retail corridor network

Investment Highlights

Pre-Launch Opportunity

As a boutique pre-launch project with limited units, Aspin Grove offers early-access advantages, including developer-negotiated pricing and priority unit selection before public release.

High Rental Yield Profile:

Developer-confirmed focus on rental yield potential, supported by:

  • JVC's proven rental demand (studios from AED 35K annually, 1BR from AED 60-70K)
  • Limited retail supply within boutique buildings
  • Prime positioning vs. standard JVC retail inventory

2028 Completion Timeline:

Aligned with JVC's ongoing development momentum and infrastructure improvements, ensuring delivery into a mature, high-occupancy community.

For early access to pre-launch rates, floor plans, and payment structures, contact us directly. Aspin Grove represents a rare opportunity to secure prime retail positioning in one of Dubai's most established mid-market communities.

Location

Aspin Grove — JVC, Dubai

Get Directions

Illustrative model

Scenario modeller

Set your own assumptions and see how Aspin Grove Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure. We have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are considering.

Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

Got questions?

Get Answers!

Interested in Aspin Grove Retail?

Ask us anything about this one — the asking price, the payment terms, the running costs, or how it compares with what else is trading nearby. A member of the Mitchell's team will come back with a straight answer and a clear next step. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

Need help?