Jumeirah Village Circle
Tower 108
تاور 108DAMAC DEVELOPMENT(L L C) · Selling since 2008 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 418 units · 1 building · DLD target completion March 2019
Registered developer: DAMAC DEVELOPMENT(L L C) (DLD no. 192)
Escrow account with Abu Dhabi Islamic Bank · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Rents filed under Jumeirah Village Circle
Median annual rent of AED 67,474 across 29,044 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
Street View imagery near Tower 108, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 955/sqft
3yr CAGR · resales
+4.9%
Resale record
77 months
Registered resales here span 77 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Tower 108 — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Tower 108 over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Tower 108 itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 580K | AED 50,000/yrsame size in Jumeirah Village Circle | 8.6% | 13 |
| 1 bed | AED 905K | AED 75,000/yrsame size in Jumeirah Village Circle | 8.3% | 16 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2021 — AED 15/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,576 | AED 43,424 | 8.6% | 7.5% |
| 1 bed | AED 13,081 | AED 61,919 | 8.3% | 6.8% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Tower 108
How much does a home in Tower 108 cost?
Over the last twelve months a completed studio in Tower 108 sold for a median AED 580K (13 ready sales), a 1-bedroom for AED 905K (16 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Tower 108?
A studio rents for a median AED 50,000/yr (homes of about that size in Jumeirah Village Circle, 2,830 new tenancies), a 1-bedroom rents for a median AED 75,000/yr (homes of about that size in Jumeirah Village Circle, 4,159 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Tower 108, so every figure above is the rent for homes of that size in Jumeirah Village Circle — the area's rent, not this project's own.
What rental yield does Tower 108 give?
Gross yields on completed homes in Tower 108 run about 8.6% on a studio, 8.3% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Tower 108 selling off-plan or as resales?
0% of the 46 sales registered in Tower 108 in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Tower 108 start selling?
The Land Department's register holds 638 sales in Tower 108, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Village Circle median
-33.8%
Priced at or below the area's real median.
Developer track record
6,987 real transactions
11 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Tower 108 completed in March 2019, 15 other other projects in Jumeirah Village Circle were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 326 more other projects in Jumeirah Village Circle are still in the pipeline overall.
Haven Villas
GNHOMES REAL ESTATE DEVELOPMENT L.L.C
Dec 2018
Shamal Waves
LOOTAH REAL ESTATE DEVELOPMENT L.L.C
Dec 2018
Crystal Residence
MYRA REAL ESTATE DEVEIOPMENT L.L.C
Dec 2018
Joya Verde Residences Dubai
GREEN YARD PROPERTES DEVELOPMENT L.L.C
Jan 2019
Belgravia 2
Ellington Properties Development L.L.C
Feb 2019
Ghalia
DAMAC DEVELOPMENT(L L C)
Mar 2019
Roxana Residence
ROSE HOMES INVESTMENT (L.L.C)
Apr 2019
Platinum Residence
PLATINUM DEVELOPMENT L.L.C
Apr 2019
Chaimaa Premiere
Deval Real Estate Development L.L.C
Apr 2019
Five At Jumeirah Village Circle Dubai
FIVE REAL ESTATE DEVELOPMENT L.L.C
May 2019
Aces Chateau
ACES PROPERTY DEVELOPMENT L.L.C
Jun 2019
Dune Residency Dubai
BEAVER GULF REAL ESTATE DEVELOPMENT L.L.C
Jun 2019
Haven Villas 1
GNHOMES REAL ESTATE DEVELOPMENT L.L.C
Jul 2019
La-Riviera Apartments
RIVIERA PROPERTIES DEVELOPMENT
Aug 2019
Dezire Residences
BLUECHIP REAL ESTATE DEVELOPMENT L.L.C
Aug 2019
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
2.1 km
Business Bay
Nearest school
1.4 km
Dubai International School
Nearest hospital
1.7 km
Nexx Home Healthcare Services
Nearest supermarket
532 m
Supermash
Metro stations
- Business Bay2.1 km
- Burj Khalifa / Dubai Mall2.7 km
Schools
- Dubai International School1.4 km
- Dubai International School1.5 km
- GEMS Our Indian School1.6 km
- Safa Private School1.7 km
Hospitals & clinics
- Nexx Home Healthcare Services1.7 km
- BIOS CLINIC2.2 km
- Mediclinic2.3 km
- Medcare Orthopaedics & Spine Hospital2.8 km
Supermarkets
- Supermash532 m
- Q Mini Mart593 m
- Barsha Hills Mini Mart795 m
- Carrefour Market799 m
Bus stops
- Mayfair Residency 1471 m
- Mayfair Residency 2499 m
- Fairview Residency 2573 m
- U BORA Tower 1 GE Office579 m
Pharmacies
- Life Pharmacy547 m
- Life Pharmacy1.3 km
- Life Pharmacy1.6 km
- Health First1.6 km
Malls
- Bay Avenue Mall1.7 km
- Al Faris Mall2.0 km
- Al Wasl Centre2.4 km
- Souk Extra2.4 km
Parks
- Bayside Park 4202 m
- Bayside Park 4359 m
- Bayside Park 2601 m
- Bayside Park 3750 m
Mosques
- Masjid Al Ghafoor1.3 km
- Shaikha Abdulla Salem1.9 km
- Al Safa Mosque2.3 km
- Al Qasimi Mosque2.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Jumeirah Village Circle
Buying in Tower 108?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample