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Carmel Residence

A studio in Carmel Residence costs a median AED 643,602.

Satellite view of Carmel Residence, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

643,602AED

AED 1,458/sqft

vs Jumeirah Village Circle
7% below the median
Cost to buy, all inAED 687,062
Price
AED 643,602
DLD fee 4%
AED 25,744
Agent 2% + VAT
AED 13,516
Trustee
AED 4,200

Against this building’s registered sales of the same type.

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Is Carmel Residence a good investment?Lots of new supply is coming; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  3. How fast do fees pay back?AED 43,460 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 43,460
  4. Can I sell easily?9 sales in 12 months (0 the year before)9
  5. Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Carmel Residence prices and rents by unit typeA studio costs about AED 643,602

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 643,6021,458/sqftnot yet letnot yet letno prior year5
1 bedAED 1.25M1,868/sqftnot yet letnot yet letunder 5 sales in a year3
2 bedAED 1.51M1,241/sqftnot yet letnot yet letunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Jumeirah Village Circle · area median AED 1,575/sqft

Rank by price per sqft
137th of 214

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, Studio, with fainter bars resting on fewer sales. Too few monthly records in Carmel Residence to draw an honest monthly line.

Chart data, Studio: 2026, AED 643,602; latest, 2026, AED 643,602; peak, 2026, AED 643,602.

DateTypeSqftPriceAED/sqft
8 Oct 20262 bed1,216AED 1,508,3871,241
22 Sept 20261 bed669AED 1,250,0001,868
18 Aug 2026Studio441AED 643,6021,458
18 Aug 2026Studio441AED 643,6021,458
18 Aug 20261 bed669AED 954,4491,426
18 Aug 2026Studio516AED 701,2741,359
18 Aug 2026Studio442AED 637,7981,445
14 Jul 2026Studio744AED 1,309,2801,761
14 Jul 20261 bed669AED 1,343,4832,008

9 resales in the last 12 months.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Carmel Residence places 127th of 352; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
123Luma22 - West TowerCompleted 2024 · off-plan 1,363/sqftAED 985,0001,466+0.5%6.4%-8.6%6
124Allura Residences by Citi Developers0% · Q3 2027 · off-plan 1,485/sqftAED 1.07M1,465+0.5%—-2.7%94
125One Park Square by Iman0% · Q2 2028 · off-plan 1,615/sqftAED 1.26M1,465+0.5%—-9.4%11
126Maison Elysee II3% · off-plan 1,682/sqftAED 724,9001,462+0.2%—-13.8%41
127Carmel Residence · this buildingAED 954,4491,458——9
128Avant Garde Residences II by Skyline0% · Q3 2028 · off-plan 1,460/sqftAED 1.15M1,4580.0%—-8.6%115
129Luma21Completed 2023 · off-plan 1,011/sqftAED 737,0001,456-0.2%7.5%-4.8%16
130Bloom Heights ACompleted 2021 · off-plan 946/sqftAED 740,5001,456-0.2%8.8%+8.9%26
131Samana Waves 252% · Q1 2026 · off-plan 1,427/sqftAED 1.12M1,453-0.3%—-3.6%7

Rank 1 is the dearest per square foot. Differences are against Carmel Residence (AED 1,458/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Carmel Residence has registered sale prices 7% below the Jumeirah Village Circle median price per square foot of 1,575 AED, across 214 eligible buildings. It ranks 137th of 214 by price per square foot in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted
Find service-charge budget evidence for Carmel Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Carmel Residence

Carmel Residence is an apartment building in Jumeirah Village Circle. 9 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
23 min · 22 km
DXB Airport
25 min · 31 km
DIFC
21 min · 25 km
Dubai Marina
16 min · 16 km
Palm Jumeirah
25 min · 24 km

Nearest, as registered

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Carmel Residence: AED 1,458 per sq ft, 7% above the median Jumeirah Village Circle building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Carmel ResidenceAED 1,458
  2. Jumeirah Village Circle, readyAED 1,300
  3. Jumeirah Village Circle, off-planAED 1,575
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Jumeirah Village Circle, by handover quarter

Nearby in Jumeirah Village Circle

Every building in Jumeirah Village Circle →
Prices per sq ft around Carmel Residence, on the map
Pills show median sale price, AED. 304 buildings pinned from Google place records and Apple geocoding · Carmel Residence is the inverted pinOpen in Apple Maps
Satellite view of Binghatti Apex, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps.

Binghatti Apex

Jumeirah Village Circle · 288 sales, 12 months

912,500

AED, resale median · 1,497/sqft

Satellite view of Luma Park Views, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps.

Luma Park Views

Jumeirah Village Circle · 282 sales, 12 months

1.37M

AED, resale median · 1,603/sqft

Satellite view of Binghatti Royale, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps.

Binghatti Royale

Jumeirah Village Circle · 135 sales, 12 months

1.97M

AED, resale median · 2,388/sqft

Satellite view of Binghatti Azure, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps.

Binghatti Azure

Jumeirah Village Circle · 105 sales, 12 months

700,000

AED, resale median · 1,659/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Carmel Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Carmel Residence?
No gross yield is published for Carmel Residence as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 5 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 8.0% gross.
How much does a studio in Carmel Residence cost?
The median registered sale price is AED 643,602 (1,458 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Carmel Residence selling for right now?
Registered sales of ready units in Carmel Residence over the last 12 months have a median of 1,458 AED/sqft, across 5 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
How many apartments change hands in Carmel Residence?
5 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Carmel Residence?
Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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Carmel Residence sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/carmel-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Carmel Residence sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/carmel-residence

Stable dataJSON