ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C

The Borough

Under Construction · Date not reported|157 units · 1 tower

The Borough is an under-construction development by ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 157 registered units. 68 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,347 per sqft. At AED 1,347 per sqft, The Borough prices 13% below the Jumeirah Village Circle median of AED 1,547 per sqft on registered sales.

PIX© price

880KAED

Typical

1,347AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai10 min · 3.4 km

DXB Airport11 min · 10.2 km

DIFC5 min · 1.4 km

Dubai Marina23 min · 23.7 km

Palm Jumeirah24 min · 26.0 km

Nearest · straight-line

Metro stationEmirates Towers Metro Station0.4 km

MallGEORGES of Dubai - ICD Brookfield Place DIFC0.3 km

SchoolBabilou Investment0.1 km

HospitalUPANDRUNNING Medical Centre DIFC Branch0.1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor unknown

…

Land, The Borough

Size
Record: May 2014 to Sep 2023
Owners: 3
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	11 Sep 2023	3.0 yrs	Current owner
2Owner 2	29 May 2023	3 mo	Transferred without a registered sale
1Owner 1	27 May 2014	9.0 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Land · The Borough

Nightly rateAED

Occupancy (237 nights)

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The Borough1,347AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 403 - 1,872 sqft	157	880K	1,347	-
Residential
Studio · Apartment 403 - 528 sqft	66			-
1 Bed · Apartment 743 - 1,047 sqft	72			-
2 Bed · Apartment 1,061 - 1,062 sqft	16			-
Commercial
Shop 1,261 - 1,872 sqft	3	-	-	-	-

No rental contracts registered - the project has not handed over.

Sales - Project-Wide68 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
12 Sep 2026		1 Bed	The Borough · Floor 2	745	830,450	1,115	-	Entry Level	Off-Plan Sale
12 Sep 2026		Studio	The Borough · Floor 8	405	529,990	1,310	-	Standard	Off-Plan Sale
12 Sep 2026	—	Studio	The Borough · Floor 4	405	529,990	1,310	-	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Borough

Compared with

Lucky Royale Residence

PIX© PSF

1,433

Rank

#42 of 52

#41 of 52

Typical price

876K

Yield

—

Units

157

147

Sales

159

Rents

—

Developer

ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C

LUCKY AEON REAL ESTATE DEVELOPMENT

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Cello Residences Tower B TARAF DEVELOPMENT L.L.C · U/C · Off-plan pricing	217					194	—
	The Portman ELLINGTON PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	167					206	—
	Belle Reve by Zimaya ZIMAYA PROPERTIES L.L.C · U/C · Off-plan pricing	190					163	—
	Blossom 76 TRANQUIL INFRA DEVELOPERS L.L.C · U/C · Off-plan pricing	113					77	—
	Lucky Royale Residence LUCKY AEON REAL ESTATE DEVELOPMENT · U/C · Off-plan pricing	147					159	—
42	The Borough ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	157	1,433	Subject	876K	—	68	—
	Pantheon Elysee Heights PANTHEON ELYSEE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	193					202	—
	Elitz by Danube Building 2 DANUBE PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	278					310	—
	Samana Waves 2 SAMANA SI HOLDING LIMITED DUBAI BRANCH · U/C · Off-plan pricing	173					179	—
	Gateway P C I REAL ESTATE DEVELOPERS L.L.C · U/C · Off-plan pricing	152					118	—
	Maimoon Gardens Tower A FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	361					396	—

Community median 1,547 AED/sqft. Showing the closest-ranked peers of 52 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 117 excluded for trading only in the ready market. 8 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

GatewayAED 1,316/sqft
Maimoon Gardens Tower AAED 1,315/sqft
Elitz by Danube Building 2AED 1,391/sqft
Samana Waves 2AED 1,391/sqft
Livel ResidenzaAED 1,298/sqft
Q Gardens LoftsAED 1,290/sqft

Common questions about The Borough

Answered from Dubai Land Department registered transactions.

How much does a property in The Borough cost?

Property in The Borough sells at a current PIX© price of AED 1,347 per sqft, or about AED 879,677 for a typical unit, based on 68 sales registered with the Dubai Land Department.

When is The Borough handing over?

The Borough is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of The Borough?

The Borough is developed by ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Borough?

The Borough holds 157 registered units, per the Dubai Land Department unit register.