Zimaya Properties
A boutique low-rise in Jumeirah Village Circle from Zimaya Properties, a young Dubai developer with four completed townhouse phases behind it. The portal lists it from AED 670,000 for a 428 sq ft studio — but it also lists a Q2 2026 handover that has come and gone with no handover announcement. The building is still under construction according to the developer’s own site, and nobody has published a new date.
Read the dates before the renders. The portal record was opened on 26 December 2024 and carries an off-plan status, a Q2 2026 handover and a starting price of AED 670,000 for a 428 sq ft studio — about AED 1,565 per square foot. As of November 2026 the quarter has passed, the developer’s own site still badges the project “Under Construction”, and there has been no completion or handover announcement. The developer publishes no handover date, no construction percentage and no unit count. So the honest position is that the schedule has slipped and the new one is unpublished: ask for a dated completion notice and a construction report before you pay anything, and do not treat Q2 2026 as a date anyone still stands behind.
Belle Rêve is Zimaya Properties’ Jumeirah Village Circle project: a low-rise residential building in a district made almost entirely of low- and mid-rise blocks, sold on the quiet end of the market’s language — greenery, calm, “a slow summer morning” — rather than on height, views or yield. The renders show a landscaped podium, warm neutral interiors, floor-to-ceiling glazing and a stone-and-timber palette that reads more boutique hotel than bulk developer.
What the developer publishes about it is thin. There is no unit count, no floor-by-floor mix, no sizes table, no service charge estimate and no construction position on the project page — only design intent, a location map, three gallery tabs (lobby, studio, one bedroom) and two downloads. Compare that with the level of detail the same developer gives about its own townhouse phases and the gap is obvious. For a building that is already under construction, the specification, the unit count and the completion programme should all exist by now.
The developer is young but not empty-handed. Zimaya Properties describes itself as a boutique Dubai developer, and it has a real record in one product type: four completed townhouse phases in Al Furjan (Signature, Elegance, Bliss and Prestige), sold and handed over. In a press statement in October 2026 it said it has launched five projects, four of which have sold out. Belle Rêve is one of its first apartment buildings — which is the point worth weighing, because townhouses and towers are different construction businesses.
The price is a launch price. AED 670,000 for 428 sq ft works out at AED 1,565 per square foot, and the portal shows only two units available, which usually means the primary allocation is nearly gone rather than that the building is scarce. JVC has more apartments than any district in Dubai and a deep resale market in older buildings that price below this. A new building should command a premium; the question is how big it is and whether, at 1,565 a foot, you are paying for specification or for a payment plan.
The structure of the payment plan is the real risk. The portal illustrates 20% on booking, 30% during construction over six instalments and 50% on handover. That is a front-loaded deposit and an unusually heavy handover payment: half the price falls due on a date nobody will currently confirm. If handover slips another two quarters, you will have paid 50% for a building you cannot occupy, with no published delay clause to test. That is the single item to fix in writing before anything else.
What that means for a buyer. If you want the building, buy it on evidence rather than on renders: a dated completion notice, the construction consultant’s last report, the service charge estimate, the specification schedule and the delay clause. Then price it against what already stands in JVC, where a 428 sq ft studio rents and resells in dozens of comparable buildings. The upside is a genuinely well-mannered design in a district that rewards good buildings; the risk is schedule and price, and both are currently undocumented.
Compiled November 2026 from Zimaya Properties’ own Belle Rêve project page (design, gallery, location, status badge) and its October 2026 portfolio statement, and from the listing portal’s project record (starting price, studio size, payment plan, feature tags, listing date). Not a valuation.
The portal publishes one priced layout; the developer publishes two layouts as images and no sizes at all:
| Type | Size (portal) | Portal price | Per sq ft |
|---|---|---|---|
| Studio | 428 sq ft | AED 670,000 | AED 1,565 |
| 1-bedroom | not published | Ask for price | — |
| 2–3 bedroom | not published | Ask for price | — |
Two rows are honest blanks. The developer’s gallery labels a studio and a one-bedroom, and its marketing describes “premium apartments”, but it does not publish a unit count, a type mix or a size range — and the resale market around it quotes two- and three-bedroom units that appear nowhere in the official material. Ask for the full type schedule and the total number of homes before you compare anything.
The one solid number is the rate: AED 1,565 per square foot on the studio. In JVC that is a new-build rate in a district where the resale stock is priced on the street rather than the brochure, and the difference is exactly what you are being asked to underwrite. Twenty-four months of JVC supply, much of it delivered, sits around this building; ask your broker for three completed sales in comparable buildings at the same size and see where the gap lands.
One practical check that only applies to small buildings: the studio count. In a low-rise with a handful of studios, short-let and investor concentration can dominate the building’s tone and its service charge. Ask what share of the units were sold to investors, and whether short-term letting is permitted.
The portal illustrates a 20 / 30 / 50 structure. On the AED 670,000 studio that is:
| Stage | Share | On the AED 670,000 studio |
|---|---|---|
| On booking | 20% | AED 134,000 |
| During construction | 30% over 6 instalments | AED 201,000 (AED 33,500 each) |
| On handover | 50% | AED 335,000 |
| DLD transfer fee | 4% | AED 26,800, on top |
Three things stand out. The deposit is high — 20% is double what many Dubai launches ask. The handover payment is very high — 50% falls due at a moment whose date is currently unpublished. And there is no post-handover tail, so nothing is deferred: by the time you get keys you will have paid the full price plus the 4% transfer fee, with nothing left as leverage if the building is late or the snagging list is long.
That structure only makes sense if the completion date is firm, and it is not. If the developer offers a revised schedule, ask for it in the sale and purchase agreement with a delay clause that has a number in it — per-month compensation, a cap, and a right to rescind — rather than a paragraph of intent. Also ask whether the 30% is invoiced against verified construction milestones or simply against the calendar.
Budget AED 696,800 to reach handover on the studio at the listed price, before furniture, agency fees on any resale and mortgage costs. If you are financing, note that a 50% payment at handover usually means the mortgage has to be in place before completion rather than after it.

The amenity list is the standard JVC boutique package, and it is decent: a swimming pool with a kids’ pool and water feature, a pool deck, a club house, walking and jogging tracks, a yoga area, outdoor BBQ areas, a dining outlet, electric car charging and 24/7 security. The developer adds that the building is designed to frame views across JVC’s greenery.
What is missing is the number that decides whether those amenities are affordable: the service charge. A pool, a club house and landscaped grounds in a small building spread the cost across few units, and small buildings are where service charges creep. Ask for the estimated rate per square foot and, specifically, whether the developer or an owners’ association will run the building after handover.
Jumeirah Village Circle is the mid-market district at the centre of Dubai’s Al Barsha South corridor: a circular grid of low- and mid-rise buildings around Circle Mall, five minutes from Al Khail Road and Hessa Street, fifteen from Dubai Hills Mall and about twenty from the Marina. It is the deepest rental market in the city and the first address for a large share of new arrivals, which is why almost every building here is compared on price per square foot rather than on architecture.
For this building the practical geography is straightforward: Circle Mall for groceries and cinema, JSS International and Dubai Schools Al Barsha within ten to fifteen minutes, Aster Clinic in the district and Mediclinic Parkview a short drive. There is no Metro in JVC — the nearest Red Line station is Dubai Internet City — so the district is car-first, and parking allocation matters more than the walk score. Ask how many spaces come with a studio.
The rental reality is the other half of the decision. JVC lets well and lets quickly, but tenants here have choices and compare on price; a boutique low-rise can ask a premium over an older tower only if it is visibly better. Check registered rents for comparable studios in the surrounding buildings before you accept the launch rate. For the district as a whole, see our JVC guide.
No. Zimaya Properties still lists the project as under construction, and the portal's record continues to describe it as off-plan. The portal's stated Q2 2026 handover has passed without any completion or handover announcement, and no revised date has been published.
Nobody has published an answer. The portal says Q2 2026, a date now in the past; the developer's own site gives no date at all. Ask for a dated completion notice and the consultant's latest construction report, and treat any verbal estimate as an estimate.
The portal lists a 428 sq ft studio from AED 670,000, which is AED 1,565 per square foot, and shows two units available. Sizes and prices for the one-bedroom and larger layouts are not published and need to come from the developer in writing.
The portal illustrates 20% on booking, 30% during construction across six instalments and 50% on handover, plus the 4% DLD fee. There is no post-handover element, so the full price is paid by handover — on a date that is currently open.
A swimming pool with a kids' pool and water feature, a pool deck, a club house, walking and jogging tracks, a yoga area, outdoor BBQ areas, a dining outlet, electric car charging and 24/7 security.
A boutique Dubai developer with four completed townhouse phases in Al Furjan — Signature, Elegance, Bliss and Prestige — and, by its own October 2026 statement, five projects launched and four sold out. Belle Rêve is one of its earlier apartment buildings.
At AED 1,565 per square foot it is a new-build rate in a district with a very large resale market in older buildings. The premium is defensible only if the specification, the amenities and the completion date hold up; compare achieved sales in three comparable buildings before you decide.
The completion date and the delay clause. A plan that asks 50% at handover and offers no post-handover tail transfers all the timing risk to you, and the published date has already slipped once.
Send us the layout and budget. We will get the dated completion notice, the unit schedule, the service charge estimate and the delay clause in writing, verify escrow and permits, and benchmark the price against achieved JVC sales and registered rents before you reserve.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.