Distress Deal
This unit has sold and is no longer available. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 11 June 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.
On this page
The numbers
| UNIT PRICE | AED 1,615,286 |
| Payment to seller | AED 927,930 |
| DLD Transfer fee 4% + 40 AED | AED 64,651 |
| DLD Registration Trustee fee + 5%VAT | AED 5,250 |
| Buyer's agent comission 2% + 5%VAT | AED 33,921 |
| On Handover | AED 687,356 |
| Total on Transfer | AED 1,031,752 |
| Total remaining Payment Plan | AED 687,356 |
| TOTAL COST FOR BUYER | AED 1,719,108 |
Photography
Distress Deal
This 2-bedroom corner apartment in V1Vid Tower, Jumeirah Village Triangle, is being offered as a distress deal at AED 1,615,286. The original price was AED 1,787,124, representing a 9.6% discount, or AED 171,838 below the initial reference. With a size of 1,332 sq.ft, the entry basis stands at approximately AED 1,213 per sq.ft. The unit is positioned on a mid-to-high floor (levels 10–16) and offers views over the community, Dubai Marina, and Jumeirah Islands. Handover is scheduled for Q3 2026, so the investment case is for an off-plan asset with a clear timeline and a meaningful discount to the original price. The immediate thesis is straightforward: the buyer secures a larger-than-average two-bedroom layout in a new JVT development at a visibly below-market entry, with a payment plan that reduces upfront capital exposure.
V1Vid Tower is located in District 1 of Jumeirah Village Triangle (JVT), a master-planned community in the Al Barsha South Fifth area. JVT is positioned between Al Khail Road and Sheikh Mohammed Bin Zayed Road, providing practical access to Dubai Marina, Jumeirah Lake Towers, and the wider city. The area is well-connected for both private car owners and those relying on ride-hailing, with arterial roads supporting commutes to major business and leisure districts. Public transport options are developing, but most residents currently use private vehicles or taxis. For investors, this location appeals to tenants seeking a balance between city access and a quieter, residential environment. The proximity to established communities like Jumeirah Village Circle, Dubai Sports City, and Al Furjan further supports rental demand and resale liquidity.
V1Vid Tower is a 22-storey residential building with a focus on modern amenities and smart-home integration. Residents will have access to a swimming pool, children’s pool, gym, sauna, sundeck, barbecue and lounge area, games room, cinema, clubhouse, and children’s playground. The building incorporates Daikin air conditioning systems for energy efficiency and comfort, and each unit features smart home technology, including smart locks and home automation controls for lighting, music, temperature, and security. The project includes one basement level for parking, and the surrounding JVT community offers landscaped parks, walking paths, and retail options. The area is family-friendly, with schools, nurseries, and supermarkets nearby, supporting both end-user and tenant appeal. The combination of in-building amenities and established neighbourhood infrastructure positions V1Vid Tower as a practical choice for residents seeking convenience and a community environment.
At AED 1,213 per sq.ft, this unit is priced below recent transaction levels for studios in the same building, which have ranged from AED 1,442 to AED 1,692 per sq.ft in early to mid-2026. While direct two-bedroom comparables are limited, the discount to the original price and the lower entry basis relative to smaller units suggest a competitive position. JVT has seen steady demand from both investors and end-users due to its location, community feel, and improving infrastructure. The buyer profile for this asset is likely to include investors seeking rental income, as well as end-users planning for future occupancy. Rentability should be supported by the building’s amenities and the area’s appeal to families and professionals. Liquidity risk is moderate: while JVT is not as liquid as Dubai Marina or Downtown, the combination of a new building, smart-home features, and a discounted entry should support resale prospects. The main risk points are construction completion and the general off-plan exposure, but the Q3 2026 handover date provides a defined timeline. Service charges and market absorption rates should be reviewed as part of due diligence.
This distress deal offers a clear value proposition for investors seeking a larger two-bedroom apartment in a new JVT development at a below-market entry. The 9.6% discount to the original price, combined with a payment plan and a practical handover timeline, reduces both capital outlay and holding risk. The building’s amenities, smart-home integration, and community positioning support both rental and resale demand. The main considerations are the off-plan nature of the asset and the need to confirm service charge levels and market absorption at handover. For investors comfortable with these factors, the deal presents a disciplined entry into a maturing Dubai submarket, with upside linked to area growth and the building’s amenity profile. The case is strongest for buyers seeking a balance of yield, usability, and future liquidity, rather than speculative short-term gains or high-risk turnaround scenarios.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 2-BR IN V1VID TOWER behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are actually considering.
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 Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.
V1VID TOWER — Jumeirah Village Triangle, Dubai
