Golden Dream Tower 1
About Golden Dream Tower 1
Golden Dream Tower 1 is in District 18, Jumeirah Village Circle, developed by Golden Dream Development.
Completed around August 2021. Modern 20-storey freehold residential tower with relatively new interiors and upgraded communal facilities. Studios, 1 and 2-bedroom apartments, including selected larger layouts.
Amenities
- Swimming pool
- upgraded gym
- children’s play area
- barbecue area
- concierge
- security
- covered parking
- balconies
- furnished and semi-furnished stock
- modern common areas
- decent rent-to-price relationship
- better purchase value than many premium JVC studios.
Unit Types & Rental Benchmarks
| Type | Size | Asking | Market / Achieved | AED / sqft |
|---|---|---|---|---|
| Studio - Annual Rent (Asking) | 474 sq ft | AED 52,000 | To be confirmed | AED 109.7/sqft/year |
| 1 Bedroom - Annual Rent (Asking) | To be confirmed | AED 70,000 | To be confirmed | AED 84.0/sqft/year |
| Studio - Sale Price (Asking) | 474 sq ft | AED 638,000 | To be confirmed | AED 1,346.0/sqft |
| 1 Bed - Annual Rent (Asking) | 833 sq ft | AED 70,000 | To be confirmed | AED 84.0/sqft/year |
| 1 Bed - Sale Price (Asking) | 833 sq ft | AED 987,500 | To be confirmed | AED 1,185.5/sqft |
Rental & Sale Market Notes
Rent trend: Furnished studio listings currently range from approximately AED 46,000-55,000, with multiple listings clustered around AED 50,000-54,000. One-bedroom units advertise around AED 65,000-75,000. Studio sale asks are approximately AED 620,000-650,000, with an average around AED 638,000, versus estimated achieved pricing around AED 580,000-630,000. Around AED 590,000-610,000 would represent strong value; AED 630,000 remains defensible for a furnished, vacant or high-floor unit with a good view. One-bed sale asks are approximately AED 925,000-1.05M versus estimated achieved pricing around AED 850,000-950,000. Indicative gross yield is approximately 8.0% at AED 50,000 rent against AED 625,000. After approximately AED 6,500 in service charges, yield is approximately 7.0% before maintenance, vacancy and management. A 474 sqft studio near AED 600,000 is significantly more convincing numerically than paying AED 800,000-900,000 for a smaller premium studio elsewhere.
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
District 18 traffic and construction; limited differentiation between identical studios; studios can feel a little cramped; finishes are less distinctive than The Autograph.
Who It Suits
Good Fit
Value-focused renters or buyers seeking a modern building, balconies, flexible cheques and stronger rent-to-price economics than premium boutique studios.
Better To Avoid If
Anyone prioritising a distinctive luxury finish, very spacious studios, minimal District 18 traffic or a highly differentiated unit type.
Find Golden Dream Tower 1
Golden Dream Tower 1, District 18, Jumeirah Village Circle, Dubai, UAE
