Pearl House II by Imtiaz
About Pearl House II by Imtiaz
Pearl House II is in District 12, Jumeirah Village Circle.
Developed by Imtiaz Developments. A modern boutique freehold development with approximately 11 residential floors above a podium. Apartments are fully furnished and include fitted kitchens and smart-home features. Unit types comprise studios and one-bedroom apartments.
Facilities include a rooftop swimming pool with a pool deck and cabanas, indoor and outdoor fitness areas, a residents’ clubroom, a children’s pool and play area, a zen garden, landscaped areas and workspaces. The building has a modern lobby with concierge and security, plus visitor parking.
The studio viewed by Dubai Xtra was 424 sq ft, fully furnished, asking AED 50,000 a year, with a small balcony and an efficient layout that preserves usable internal space.
Amenities
- Rooftop swimming pool
- Pool deck and cabanas
- Indoor and outdoor fitness areas
- Smart-home technology
- Fully furnished apartments
- Fitted kitchens and appliances
- Residents' clubroom
- Children's pool and play area
- Zen garden
- Landscaped areas
- Workspaces
- Visitor parking
- Modern lobby
- Concierge and security
Unit Types & Rental Benchmarks
| Type | Size | Asking | Market / Achieved | AED / sqft |
|---|---|---|---|---|
| Studio - Annual Rent (Asking) | 424 sq ft | AED 50,000 | AED 48,000 - 50,000 likely negotiated | AED 117.9/sqft/year |
| Studio - Annual Rent Range (Market) | To be confirmed | AED 50,000 - 60,000 | To be confirmed | To be confirmed |
| 1 Bedroom - Annual Rent Range (Market) | approx. 773 sq ft benchmark unit | AED 75,000 - 90,000 | AED 82,500 benchmark | AED 106.7/sqft/year |
| Studio - Purchase Price (Asking) | 424 sq ft | AED 755,000 - 810,000 (avg. approx. AED 786,500) | DLD transactions avg. approx. AED 732,800 | To be confirmed |
| 1 Bedroom - Purchase Price (Asking) | To be confirmed | AED 1.2M - 1.35M | DLD transactions avg. approx. AED 1.178M | To be confirmed |
Rental & Sale Market Notes
Rent trend: All rents quoted are annual. The viewed studio was 424 sqft asking AED 50,000 a year, approximately AED 118/sqft, fully furnished, on four or twelve cheques, with a likely negotiated rent of AED 48,000 to 50,000. Studio asking rents in the building run approximately AED 50,000 to 60,000 a year. One-bedroom asking rents run approximately AED 75,000 to 90,000 a year, with a representative benchmark of AED 82,500 for approximately 773 sqft. AED 100,000 for a standard one-bedroom appears ambitious.
Purchase market. Studio asking prices range from AED 755,000 to AED 810,000, averaging approximately AED 786,500. Approximate DLD transaction data puts the studio average nearer AED 732,800. A preferred studio purchase range is therefore approximately AED 720,000 to AED 750,000, and AED 780,000 or above should require a superior floor, view or larger layout. Credible one-bedroom asking prices run approximately AED 1.2M to AED 1.35M, against an approximate DLD one-bedroom transaction average of AED 1.178M.
Indicative investment figures (estimates). Gross yield on a studio is approximately 6.8%, using AED 50,000 annual rent against an AED 732,800 purchase price. Service charges are indicatively AED 15 to 18 per sqft a year, which for a 424 sqft studio is an estimated AED 6,100 to AED 7,650 annually. That implies a yield after service charges of approximately 5.9%, before maintenance, vacancy and management costs. These are estimates, not quoted or guaranteed figures.
Figures above combine advertised asking prices with our own estimates and viewing-based assessments where stated. They are not verified transaction data.Things To Know
The gym is disappointing compared with the rest of the facilities. Studios remain relatively compact. Some balconies reduce usable internal space. High purchase price per sqft. Competing supply of new furnished apartments. Some initial resale asking prices appear inflated. Service charges materially reduce the net yield.
Who It Suits
Good Fit
Renters seeking a fully furnished, newly completed boutique building with smart-home features, an excellent rooftop pool and an efficient studio layout. The viewed AED 50,000 studio is particularly strong rental value.
Better To Avoid If
People prioritising a strong gym, large studios, a low acquisition price per sqft, or a long history of stabilised rents and service charges.
Find Pearl House II by Imtiaz
Pearl House II by Imtiaz, District 12, Jumeirah Village Circle, Dubai, UAE
