Elegance By Chaimaa is a signature residential project developed by Chaimaa Holding Limited, designed to bring a refined, “ritzy” lifestyle to the heart of Jumeirah Village Circle (JVC). positioned in District 18, this particular mid-rise tower stands out for its unique architectural fusion of organic, curving lines and symmetric structures, beautifully blended with the surrounding lush parklands. The project prioritizes high-end craftsmanship, showcasing European-sourced materials, floor-to-ceiling glass windows, and meticulous interior detailing.
As of early 2026, Elegance By Chaimaa has transitioned to a Ready to Move status, with the first wave of residents having taken possession following its 2025 completion. Each particular apartment is a sanctuary of modern luxury, equipped with European kitchen appliances, custom cabinetry, and smart home features. Select premium units further elevate the living experience with private jacuzzis plus expansive terraces. Strategically located near the exit of JVC, Elegance provides the perfect balance of a quiet residential retreat and immediate access to Dubai’s key commercial thoroughfares.
Property Details
| Feature | Details |
| Developer | Chaimaa Holding Limited |
| Location | JVC, District 18 |
| Property Type | Luxury Residential Apartments |
| Starting Price | AED 514,000 (Launch) / Market Resale Varies |
| Government Fee | 4% DLD Fee |
| Unit Status | Brand New / Ready to Move |
| Ownership | 100% Freehold |
| Estimated Completion | Completed (Q4 2024 / Handover 2025) |
| Views | Community Parks, JVC Skyline, & Sunlit Courtyards |
Features & Amenities
| Feature | Details |
| Interior Quality | European floor tiles, sanitary fixtures, and premium fitted kitchen appliances |
| Wellness & Spa | Shared swimming pool, state-of-the-art gym, sauna, and private jacuzzis (select units) |
| Social Spaces | Rooftop relaxation zones, landscaped gardens, and a multi-purpose business center |
| Family Focused | Dedicated children’s play area, safe pedestrian walkways, and BBQ zones |
| Convenience | 24/7 concierge, underground parking, and proximity to retail outlets |
| Smart Living | Integrated smart home technology and high-speed elevators |
Location & Connectivity
Elegance by Chaimaa is located for rapid commuting across Dubai:
- 10 mins, Mall of the Emirates
- 15 mins, Dubai Marina & Jumeirah Golf Estates
- 20 mins, Downtown Dubai & Burj Khalifa
- 24 mins, Business Bay
- 30 mins, Dubai International Airport (DXB)
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 20% | Initial booking amount |
| During Construction | 50% | Paid in structured installments |
| On Handover | 30% | Final settlement (Completed) |
Note: As the project is now ready, the developer payment plan has concluded. Current units are available via resale or specific mortgage-ready plans. Some resale units may still carry a post-handover payment plan option.
Floor Plans
Unit sizes at Elegance By Chaimaa run from 380 to 1,206 square feet: Studio Apartment at 380 sq ft, 1-Bedroom Apartment at 739 sq ft and 2-Bedroom Apartment at 1,206 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| Studio Apartment | 380 to 794 Sq. Ft. | Spacious layout with balcony options |
| 1-Bedroom Apartment | 739 to 1,132 Sq. Ft. | Large windows and European-fitted kitchens |
| 2-Bedroom Apartment | 1,206 to 2,099 Sq. Ft. | Master suites with walk-in closets and terraces |
Note: Floor-to-ceiling glass is a standard feature across all layouts. Full PDF floor plans are available upon request.
Why Invest in Elegance By Chaimaa
- Proven Appreciation: Since its launch at AED 514k, property values in District 18 have seen steady growth, with current 1-bedroom units commanding significant premiums.
- Ready-to-Move Advantage: Eliminate construction risk. These units are brand new and ready for immediate occupancy or rental.
- High Rental Yields: JVC remains one of Dubai’s top-performing areas for ROI, with Elegance expected to achieve 7 to 8% net yields due to its premium finishes.
- Strategic District 18 Location: This district is known for being quieter and more “green” than other parts of JVC, making it highly desirable for European expats and young families.
- Boutique Quality: Unlike larger high-rise towers, this project offers a more intimate and exclusive community feel with higher-quality “boutique” finishes.
FAQs About Elegance By Chaimaa
Q1: Is the building fully completed?
A: Yes, the building is finished and has received its completion certificate. It is now in the move-in and resale phase.
Q2: Are the kitchen appliances included in the sale?
A: Yes, all units are delivered with high-quality European fitted kitchen appliances as part of the standard package.
Q3: Does every unit have a private jacuzzi?
A: No, private jacuzzis are exclusive to specific premium units, typically the larger 2-bedroom layouts or units with oversized terraces.
Q4: Is parking included with the apartment?
A: Yes, every apartment comes with at least one dedicated underground parking space.
Q5: Can I get a residency visa if I buy a unit here?
A: Yes, with 1-bedroom units priced above AED 750k and 2-bedrooms above AED 2M, you are eligible for either the 2-year residency or the 10-year Golden Visa.
Contact Cresco Real Estate Today
Would you like me to provide you with the latest availability list for the brand-new 1-bedroom units that offer a direct park view and are ready for immediate move-in?
More about Jumeirah Village Circle
Read the Cresco area guide to Jumeirah Village Circle. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Jumeirah Village Circle area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Jumeirah Village Circle
Dubai Land Department registered transactions, not advertised asking prices.
Between 1 September 2026 and 11 October 2026, 1,035 residential sales were registered in Jumeirah Village Circle. The median was AED 940,000 and the middle half fell between AED 680,200 and AED 1,214,112. This project is advertised from AED 514,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Jumeirah Village Circle was AED 1,040,000 across 488 sales, at AED 1,349 per square foot and a median size of 784 sq ft.
| This project, advertised entry price | AED 514,000 |
| Registered median price, Jumeirah Village Circle | AED 940,000 |
| Middle half of registered sales | AED 680,200 to AED 1,214,112 |
| Registered median per sq ft | AED 1,401 |
| Registered median unit size | 736 sq ft |
| Share bought off plan | 52% |
| Ready stock, median per sq ft | AED 1,244 from 498 sales |
| Off plan stock, median per sq ft | AED 1,532 from 537 sales |
| Registered residential sales in the period | 1,035 |
Registered sales by bedroom count in Jumeirah Village Circle
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 367 | AED 679,766 | AED 1,600 | 411 sq ft |
| 1 B/R | 488 | AED 1,040,000 | AED 1,349 | 784 sq ft |
| 2 B/R | 143 | AED 1,680,000 | AED 1,284 | 1,245 sq ft |
| 3 B/R | 24 | AED 2,300,000 | AED 1,394 | 1,580 sq ft |
| 4 B/R | 12 | AED 2,787,500 | AED 1,646 | 1,706 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 1 September 2026 and 11 October 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Jumeirah Village Circle
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Jumeirah Village Circle recorded 31,652 registered rental contracts and 4,615 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 93 per sqft against a ready sale price of AED 1,319 per sqft. That is a gross yield of 7.1% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Jumeirah Village Circle moved +5.7 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -6.3%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 8,583 | 49,550 | 112 | +5.9 |
| 1 bedroom | 17,401 | 70,459 | 88 | +6.1 |
| 2 bedroom | 5,090 | 101,041 | 81 | +5.6 |
| 3 bedroom | 555 | 138,833 | 78 | +7.1 |
| All apartments | 31,652 | 70,974 | 93 | +5.7 |
Full Jumeirah Village Circle guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
