550,000
Own this from just
2,262 AED/monthProperty details
Listed
2 hours ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
1 Bath
Furnishing
Furnished
Area
488 ft²
Price per area
AED1,127/ft²
Available from
7 Aug 2025
Urgent Distress Sale - 1 Bedroom Apartment in JVT
**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.**
Amenities
Furnished
Balcony
Kitchen Appliances
View of Landmark
Built in Wardrobes
Covered Parking
Concierge
Lobby in Building
Maid Service
Pets Allowed
Project information

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The Community
Studio1 bedroom
Developed by:
Aqua Properties DevelopersDelivery Date:
Q3 2024
Down payment:
20%
Property types:
Apartment
Location

About The Community
Learn moreThe Community in Jumeirah Village Triangle offers Studio To 2 Bedrooms properties averaging 271 - 757 sqft. It currently has 66 active sale listings.
- Properties Listed66
- Price range444K - 995K
Price Insights
This property costs 52% less than the average price of 1 bedroom in Jumeirah Village Triangle
Average Sale Price is 1,154,569 AED
This property is 36% smaller than the average size of 1 bedroom in Jumeirah Village Triangle
Average size is 767 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Jumeirah Village Triangle
Provided by
Response time
within 5 minutes
Experience
6 years
Languages
English
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Monthly payment
2,262 AED
with interest rate of
3.75%
Regulatory information
Own this property from just
2,262 AED /month
Fixed rates from: 3.75%
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