Price from
AED 975K
Starting price for Emirates Garden 1 - Gardenia.

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Emirates Garden 1 - Gardenia delivers 111 uniform 86 sqm apartments in Jumeirah Village Circle (JVC) at AED 975K, completed Q1 2010 by Damac, with 861
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Price from
AED 975K
Starting price for Emirates Garden 1 - Gardenia.
Completion
Q1 2010
Tracked completion target for Emirates Garden 1 - Gardenia.
Related projects
56
Nearby launches and other Damac projects.
Emirates Garden 1 - Gardenia is a completed Damac residential building in Jumeirah Village Circle (JVC), delivering 111 apartments of 86 sqm each at a uniform entry price of AED 975K. Handover completed in Q1 2010, and with 861 recorded transactions and 1,477 active rent signals, this asset trades as a mature, liquid investment in one of Dubai's most active mid-market residential districts. At AED 11,337 per sqm, buyers evaluating JVC's current off-plan supply against ready inventory will find this building competitively priced for established stock in the area — with zero construction risk and immediate rental income potential from day one of ownership.
All 111 units in Emirates Garden 1 - Gardenia are sized at 86 sqm and priced from AED 975K, creating a single-tier market with no premium floor or preferred aspect driving the entry point above that figure. At AED 11,337 per sqm, the building competes directly with comparable mid-rise Damac stock in JVC and sits below the per-sqm cost of most new-launch off-plan inventory currently entering the district. Budget AED 975K plus a 5% buyer's buyer-side fee, a 4% DLD transfer fee, and trustee registration costs — totalling approximately AED 1.07M all-in for a clean cash acquisition. The uniform 86 sqm sizing eliminates unit-selection complexity: every purchase in this building is the same physical asset at the same price point, which makes comparable transaction data abundant and resale pricing transparent. For buyers evaluating whether off-plan entry creates a better capital position than acquiring ready stock, this pricing clarity and the absence of construction-stage uncertainty are material advantages at the deciding stage.
Emirates Garden 1 - Gardenia completed handover in Q1 2010, making it a fully delivered asset with over 15 years of documented occupancy history. Schedule tracking confirms delivery without material programme extension — zero deviation from the original plan. For buyers weighing off-plan risk against ready alternatives, a 2010 delivery removes construction risk, escrow exposure, and handover uncertainty entirely. The considerations that govern this asset are those applying to mature residential stock: service charge trajectory, building management quality, façade and MEP system condition, and reserve fund adequacy. Buyers should request owners' association service charge statements and capital expenditure records from the building management before exchange. The 861 cleared transactions attached to this project confirm active secondary market participation, which means asking prices reflect real market-tested trades rather than speculative launch estimates.
Jumeirah Village Circle (JVC) is a Nakheel master plan spanning approximately 370 hectares, positioned between Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44) — two of Dubai's primary arterial corridors. JVC functions as a sub-developer ecosystem: Damac, Azizi, Binghatti, and several boutique developers have delivered residential buildings across its circular street grid, with over 56 active and completed projects tracked across the district's current supply landscape. Emirates Garden 1 - Gardenia represents one of the community's early-phase completions from a developer with a sustained JVC presence. JVC's rental market consistently ranks among Dubai's highest-volume sub-AED 100K annual rent bands, driven by proximity to Dubai Marina, JLT, and the Al Barsha employment belt without the pricing premium of those locations. The 1,477 rent signals attached to this project indicate sustained occupancy demand that has persisted well beyond the building's initial lease-up period. Buyers entering JVC now face a maturing market where infrastructure and amenity delivery has largely caught up with the original master plan — the early-phase discount that characterised JVC's 2008 to 2012 launches no longer applies to established buildings with 15 years of proven rent history.
Aykon City 3 is Damac's Business Bay tower development, targeting a different buyer profile at higher per-sqm pricing but offering the brand's current construction standard and Dubai Canal frontage. Buyers committed to JVC but exploring Damac's full delivery range should weigh the trade-off directly: Emirates Garden 1 - Gardenia is a proven, transaction-dense asset with a complete title and rent history, while newer Damac launches carry off-plan risk with higher projected entry costs and longer capital lock-up periods before rental income begins. Piazza Roma offers an additional JVC-area Damac data point worth assessing for its documented unit mix and yield profile against this building's 1,477 rent signals. Reviewing Damac's full active project range provides a current picture of what the developer is delivering across Dubai's mid and premium residential segments — relevant for buyers who want brand and build-quality consistency across a multi-asset portfolio rather than a single-building position.
Four nearby launches warrant direct comparison for any buyer active in JVC. Tresora By Wadan and New Project By Empire represent newer entrants to the JVC supply pipeline, typically priced at higher per-sqm levels with longer holding periods before handover income begins. Nexara Tower and Valencia offer additional JVC data points across different unit configurations and developer credentials. The core comparison is straightforward: Emirates Garden 1 - Gardenia delivers immediate rental income and a fully formed transaction record, while newer launches offer capital uplift potential from early-entry pricing but require rigorous assessment of developer track record, construction programme risk, and escrow compliance under Dubai Real Estate Regulatory Authority (RERA) standards. Buyers weighing that decision should assess off-plan versus ready strategy with the same discipline applied to any direct-comparison selection. Jumeirah Village Circle (JVC) area data provides the current supply pipeline, average yield benchmarks, and infrastructure context needed to anchor a confident JVC entry decision.

A 2010 delivery is not a disqualifier in JVC's investment case. The building's 861 tracked transactions and 1,477 rent signals indicate sustained secondary liquidity and consistent tenant demand across more than 15 years of occupancy. The relevant diligence question is building condition: request service charge statements, reserve fund balances, and a capital works history from the owners' association before committing. JVC's continued infrastructure maturation has supported rental demand in established buildings, and at AED 11,337 per sqm the entry price remains competitive relative to newer off-plan launches in the same district where per-sqm costs routinely exceed AED 13,000.
At AED 975K entry and JVC's documented annual rent range for 86 sqm apartments — typically between AED 60,000 and AED 85,000 depending on fit-out quality and floor level — gross yield runs approximately 6.2% to 8.7%. Net yield is reduced by service charges, a standard 5% letting buyer-side fee, and maintenance provisions. Verify current achieved rents through the Dubai Land Department's Ejari rental index for this specific building before finalising projections, as actual cleared rents can vary materially from district averages based on individual unit condition and lease timing.
Budget for a 4% DLD transfer fee (AED 39,000), a 5% buyer's buyer-side fee (AED 48,750), DLD registration trustee fees of approximately AED 4,000 to AED 5,000 for properties above AED 500K, and a property valuation fee if financing (typically AED 2,500 to AED 3,500). Total transaction costs beyond the base price run to approximately AED 92,000 to AED 97,000, bringing all-in cash entry to roughly AED 1.07M. Mortgage buyers should add bank arrangement fees and mortgage registration fees on top of that figure. Detailed buying cost guidance is available at [buying in Dubai](/buy).

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