Beverly Residence JVC Dubai

Beverly Residence is the name HMB Homes has given to two low-rise buildings in Jumeirah Village Circle. The first, in JVC District 13, started in June 2017 and completed in May 2020 with furnished studios to 3 BHK. The second, Beverly Residence 2 in District 15, is a seven-storey building of studios, 1 and 2 BHK apartments of about 400 to 1,800 sq ft, from AED 725,000 (about Rs 1.87 crore) on a 20/40/40 plan, with handover on record for Q4 2026. The source listing is an off-plan agency page, and the second building is the only one the developer has on sale, so its price and dates are what this page carries.

Two facts set the terms. The rate, about AED 1,660 per sq ft on the lowest published figure, is above the AED 1,350 to 1,550 JVC range on our own guide, for a low-rise from a developer with one completed building. And the sources disagree on the building's status: Property Finder prints Q4 2026, one agency says it finished in Q4 2024. The rest is JVC's arithmetic, which is good, and the reason to look.

At a glance

Price and unit pricing

Two starting prices are in print. Property Finder's current page says AED 725,000, the figure this page carries; propsearch's building record prints AED 600,000 with a minimum rate of AED 1,660 per sq ft, which reads as the launch list. The source listing prints no price. The 21% gap, three years into construction, reads as the developer repricing as the keys come closer — HMB's current price list settles it.

Either way the rate is 7 to 17% over the top of JVC's range, a premium a boutique low-rise does not usually carry. The completed first Beverly Residence at about AED 445,000 is the comparable to price against: furnished, let today, two districts away.

Payment plan and total cost

20/40/40 was the launch plan: 20% on booking, 40% through construction, 40% at handover, nothing afterwards. It is worked below on the entry unit as printed, but with handover on record for Q4 2026 a buyer joining now should expect the construction slice to be largely due at booking — roughly 60% now and 40% at the keys.

If the agency reporting completion in Q4 2024 is right, there is no off-plan plan: the sale goes through a DLD trustee office against a title deed, the whole price is due at once, and a UAE mortgage is the only way to spread it. The completion question comes before the payment question.

No service charge is published for the building. JVC runs about AED 10 to 13 per sq ft a year on our JVC guide, among the lowest in Dubai: AED 4,000 to 5,200 a year on a 400 sq ft studio.

Location and connectivity

Jumeirah Village Circle is the mid-market apartment district between Al Khail Road and Sheikh Mohammed Bin Zayed Road, about 15 to 20 minutes from Dubai Marina and JBR, 20 to 25 from Downtown and Business Bay and 15 from Mall of the Emirates, with Circle Mall as its centre. It has no metro station; the nearest Red Line stops are on Sheikh Zayed Road, a drive away. Both airports are about 30 minutes.

Beverly Residence 2 sits in District 15 and the first building in District 13. JVC is one of Dubai's highest-supply districts, which keeps rents competitive and caps resale pricing, and most of what surrounds a seven-storey building at this price is 20 to 40 storeys. Our guide to apartments for sale in JVC has the district's prices, yields and service charges, and the JVC listing page the projects we track there.

For contrast, Danube's furnished Diamondz in JLT starts at AED 1.38 million for a 472 sq ft studio at about AED 2,930 per sq ft, nearly twice this rate for a metro address. Everything we track is on all Dubai projects and the wider list on the projects page.

Amenities and specifications

The first Beverly Residence was sold furnished, and the agency pages for the second use the same language. No source confirms a furniture package for Beverly Residence 2; if one is promised, get the inventory as an SPA annex.

Not published: the unit count, the amenity list (a pool and gym are standard for the segment but not confirmed), the fit-out and appliance schedule, parking, the service-charge budget, the escrow bank or the project number. This close to the date, the Building Completion Certificate, if issued, and the snagging position are more useful than a brochure.

About the developer

HMB Homes, registered with the DLD as H M B Development, is a Dubai boutique developer working almost entirely in JVC. Its record on the search trail: the first Beverly Residence in District 13, June 2017 to May 2020; Beverly Residence 2 in District 15, started June 2023; and Beverly Crown, a stepped building with a rooftop wellness deck, on sale in the same community.

No source publishes a delivered-unit count, a delay record, group backing or a developer project page. That is a thin record, and the Q4 2024 versus Q4 2026 confusion is what a thin record looks like in practice. It is not a reason to walk away — the 2020 building exists and lets — but it is the reason to verify the second one's status on the Dubai REST app rather than an agency page.

For Indian buyers

Ownership. JVC is freehold, with the title deed in your own name. There is no annual property tax and no VAT on a residential sale, so the government cost is the 4% DLD transfer fee — AED 29,000 on the entry unit — plus the AED 40 Oqood fee on an off-plan sale, or the trustee fee on a completed one.

Remittance and the Golden Visa. At AED 725,000, about USD 197,000, the whole purchase fits inside one person's Liberalised Remittance Scheme allowance of USD 250,000 a financial year, with fees taking it to about USD 205,000 — one of the few Dubai pages we write where a single allowance covers the price. Tax collected at source above the current threshold is credited against your Indian tax. The AED 2 million Golden Visa threshold is out of reach: the entry unit misses it by AED 1,275,000, and the route is aggregating several units or adding a larger purchase elsewhere.

Yield and exit. JVC's gross yields run 7 to 9% on our JVC guide, so a AED 725,000 studio letting for AED 50,000 to 60,000 sits in the range, with low service charges taking less off it than in most districts. On exit, JVC's supply is the constraint: a low-rise studio from a small developer sells on price, not name. Rent from Dubai is taxable in India for a tax resident as income from house property with the standard 30% deduction, and the apartment goes into Schedule FA of your return.

Pros

• AED 725,000 for a JVC apartment from a developer with a completed building of the same name two districts away
• A 20/40/40 plan that holds 40% to the keys, with handover on record three months away
• JVC's 7 to 9% gross yields and AED 10 to 13 per sq ft service charges are among Dubai's better income arithmetic
• The first Beverly Residence lets and sells today, so rents and resale prices for the product exist
• Seven storeys where the district's towers at this price run 20 to 40

Cons

• About AED 1,660 per sq ft is above JVC's AED 1,350 - 1,550 range, for a low-rise from a small developer
• Sources conflict on whether the building completed in Q4 2024 or hands over in Q4 2026, and none prints a progress figure
• HMB Homes publishes no delivered-unit count, no delay record and no project page we could find
• Nowhere near the Golden Visa threshold
• The unit count, amenity list and furniture position are not published
• JVC has no metro and heavy supply, which caps resale pricing

Who this is for

• Yield investors who want a JVC studio or 1 BHK under AED 1 million with the keys months away
• Indian buyers whose whole purchase fits inside one LRS allowance
• Buyers who prefer a seven-storey building to a 30-storey tower at the same price
• Anyone who wants a ready comparable next door — the 2020 building is it

Who should look elsewhere

• Anyone buying for a Golden Visa
• Buyers who need a developer with a published delivery record and a project page
• Anyone who will not verify the completion status on the Dubai REST app before paying
• Buyers who want the district's lowest rate per sq ft

Our verdict

Beverly Residence 2 is a small building from a small developer at a price that is easy to reach, and the case for it is JVC's arithmetic rather than the building: 7 to 9% gross yields, low service charges, a purchase that fits one LRS allowance, and a first building of the same name letting since 2020. Against that, the rate sits above JVC's range for a low-rise with no published developer record, the AED 600,000 launch figure has become AED 725,000, and the sources cannot agree whether the building finished in 2024 or finishes in three months. That last point decides whether you are buying off-plan through escrow or a completed unit through a trustee office, and it is a single question to the DLD. Ask it first.

A reasonable buy for a yield investor who wants a JVC studio under AED 1 million and verifies the completion status before paying. Not for Golden Visa buyers, anyone who needs a published delivery record, or a buyer chasing the district's lowest rate. Get the Building Completion Certificate or the DLD progress figure, the unit count and the furniture position in writing.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Beverly Residence?

Beverly Residence 2 starts at AED 725,000, about Rs 1.87 crore or USD 197,000, on Property Finder's current page; the launch figure was AED 600,000. Units run about 400 to 1,800 sq ft from about AED 1,660 per sq ft. The completed first building lists furnished units from about AED 445,000.

Which Beverly Residence is this page about?

Beverly Residence 2 in JVC District 15, the only one the developer has on sale, so the price, plan and handover here are for that building. The first, in District 13, completed in May 2020 and is our resale and rental comparable.

What is the payment plan?

20/40/40 at launch: 20% on booking, 40% through construction and 40% at handover. On the entry unit the total with the DLD fee is about AED 754,000, and with handover on record for Q4 2026 most of the construction slice is likely due at booking now.

When is the handover?

Q4 2026 on record, with construction started in June 2023; one agency says the building completed in Q4 2024. Ask HMB for the Building Completion Certificate or the DLD progress figure before booking, because both dates cannot be right.

Does it qualify for a Golden Visa?

No. The entry unit is AED 1,275,000 short of AED 2 million. The DLD lets you aggregate units, so several apartments here, or one plus a larger purchase elsewhere, is the route if the visa matters.

What are the service charges and the rental yield?

None published for the building; JVC runs about AED 10 to 13 per sq ft a year on our JVC guide, AED 4,000 to 5,200 on a 400 sq ft studio. JVC gross yields run 7 to 9%, which a studio letting for AED 50,000 to 60,000 would match.

How does an Indian buyer pay for it?

JVC is freehold, so the title deed is in your name. About USD 197,000 fits inside one person's USD 250,000 Liberalised Remittance Scheme allowance, with fees taking it to about USD 205,000. Rent is taxable in India for a tax resident at slab rates, with the standard 30% deduction.

Who is HMB Homes?

A Dubai boutique developer registered as H M B Development, with one completed building in JVC and Beverly Residence 2 and Beverly Crown on sale there. With no published delivered-unit count or delay record, the 2020 building is the track record.

Compare with other Dubai projects

Also in Jumeirah Village Circle: 99 Park Place (from AED 725,000, handover 2026), Marriott Residences (from AED 739,000, handover 2027), Aria By Grovy (from AED 740,000, ready) and Vitality Residence (from AED 740,983, off-plan). See every Jumeirah Village Circle project with prices and handover dates.

A similar budget elsewhere in Dubai: Al Waleed Garden 2 (from AED 725,000, ready), Century (from AED 730 K, off-plan) and Durar 1 (from AED 730,000, ready).

Read next: Apartments for Sale in JVC, Dubai: Prices and Yields · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.