Carmel Residence
Off-Plan

Carmel Residence

From AED 903,382·Handover Jun 2026·20% down payment Payment
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AED 903,382
Starting Price
Jun 2026
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Carmel Residence is a modern boutique residential complex developed by Uniestate Properties, located in the heart of the prestigious JVC district. The complex features an elegant building with contemporary architecture and a stylish facade. Building consist of a basement level, a ground floor and four residential floors. All apartments are designed to meet modern standards of comfort and functionality, offering a diverse range of layouts — from studios to spacious three-bedroom residences. Each unit boasts thoughtfully designed floor plans, high-quality finishes, and integrated appliances. Residents can enjoy an extensive array of amenities, including two swimming pools, a 24/7 fitness center, secure parking, reception and concierge services. The complex is also pet-friendly. Carmel Residence places a park and supermarkets just a 2-minute walk away. Public transport stops, cafés, restaurants, schools, and a medical clinic are all within a 10-minute distance. Both Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) are approximately a 30-minute away.

Project Specifications
DeveloperUniestate Properties
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 38,981 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,169
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 58,720 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Carmel Residence launch basis1,004AED 903,382Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Carmel Residence official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Uniestate Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
Cabanas
Fitness Zone
Leisure areas
Outdoor Multipurpose Space
Park Access
Parking
Pets Allowed
Pool Deck
Recreational areas
Resting Areas
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Carmel Residence by Uniestate Properties

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 903,382

04

Unit mix includes Studio, 1 BR, 2 BR, 3 BR

05

Expected handover: Jun 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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