Underwrite before you commit
The figures in this post are checked against Dubai Land Department records and RERA filings. Get an independent underwriting score on any project, or ask Javier on WhatsApp.
What this project is
Fakhruddin Properties is developing Maimoon Gardens in JVC (Jumeirah Village Circle), Dubai. The off-plan project is listed with handover in September 2026. The available pricing data covers four one-bedroom apartments, with prices from AED 1,580,000 to AED 1,610,000.
As a buyer-side brokerage, Oliva reviews the stated facts rather than marketing language. The project's one-bedroom mix places it within the under AED 2,500,000 apartment segment that Oliva tracks. The payment plan shown is 25% on booking, 45% after booking, and 30% upon handover.
The facts below focus on what the JSON data confirms and what a buyer should check directly with the developer and the Dubai Land Department before committing.
What units cost
The unit price table contains four one-bedroom apartments. Prices range from AED 1,580,000 to AED 1,610,000. The size band for these units is 794 to 812 square feet.
All four priced units sit at or under the AED 2,500,000 threshold that Oliva uses for this segment. The overall minimum price in the data is AED 1,580,000 and the overall maximum is AED 1,610,000, meaning the priced inventory is tightly clustered without a wide spread.
Because the data includes only one-bedroom configurations, there is no evidence in the published project facts of larger or smaller unit types. A buyer should confirm with the developer whether other configurations exist and request the full price list before shortlisting.
Location: JVC (Jumeirah Village Circle)
Maimoon Gardens is located in JVC (Jumeirah Village Circle), a master community in Dubai. the published project data does not include area-level transaction or rental aggregates, so this review cannot compare the project's pricing to area-wide averages.
A buyer should therefore ask for current comparable sales evidence for one-bedroom apartments in JVC, including recent transaction prices and any off-plan comparables within the same district. Confirm access to major roads, retail and community facilities, and whether the building's position within JVC affects its marketability.
More projects in JVC (Jumeirah Village Circle) are listed at projects in JVC (Jumeirah Village Circle).
How payments are staged
The main payment plan is listed as 25% on booking, 45% after booking, and 30% upon handover. This means a quarter of the purchase price is due at reservation, with the largest instalment after booking and the final 30% due at handover in September 2026.
The plan does not state the exact timing of the 45% after-booking milestone, nor whether it is linked to construction progress. Buyers should ask the developer for a written payment schedule that ties each instalment to a specific date or construction milestone, and confirm that the same percentages appear in the sale and purchase agreement.
As this is an off-plan purchase, the developer pays Oliva's commission and the buyer pays nothing for representation. A 2% + VAT buyer fee applies only to resale and secondary purchases.
Buyer checklist
Escrow. Verify that the project has a Dubai Land Department approved escrow account under Dubai Law No. (8) of 2007 before paying the booking deposit. Ask the developer for the escrow account number and confirm it with DLD.
Oqood. After booking, ensure the sale is registered through the DLD Oqood system in your name as buyer. Oqood registration protects the buyer's interest in the off-plan unit.
Service charges. No service charge figure is provided in the JSON data. Ask the developer for the RERA approved service charge budget for the building and confirm what it covers, including common areas, cooling and maintenance.
Handover date. Handover is stated as September 2026. Confirm the exact date in the SPA, any permitted delay period, and the developer's remedy for late handover before signing.
Payment plan enforceability. Confirm that the 25% on booking, 45% after booking and 30% upon handover milestones are written into the SPA. Ask about the timing of the 45% after booking instalment and any construction linked schedule. Also confirm the 4% Dubai Land Department transfer fee and any other government charges payable on transfer.
The bottom line
Maimoon Gardens presents four one-bedroom apartments in JVC priced between AED 1,580,000 and AED 1,610,000, with handover in September 2026 and a 25/45/30 payment plan. The narrow price band and one-bedroom mix make it a straightforward candidate for buyers who want a compact JVC apartment and can manage the payment schedule.
The data is limited to four units and does not include area aggregates or service charges, so the project is only assessable at the level of the specific unit. Oliva's free underwriting report delivers a buy or do-not-buy verdict on a specific unit, which is the appropriate next step before making an offer.
Frequently Asked Questions
How can I verify the Maimoon Gardens escrow account?
Dubai Law No. (8) of 2007 requires off-plan developers to deposit buyer payments into an escrow account approved by the Dubai Land Department. Ask the developer for the project escrow account number and verify it directly with DLD before transferring any funds. Do not pay any deposit into a personal or non-escrow account.
When is handover for Maimoon Gardens?
The supplied handover date is September 2026. Confirm the exact day and any grace period in the sale and purchase agreement, and check whether the developer has a record of completing projects on time before committing.
What are the service charges for Maimoon Gardens?
No service charge figure is included in the project data. Service charges in Dubai are set through RERA approved budgets for the building, so ask the developer or management company for the budget and confirm what it covers, such as common areas, cooling and maintenance.
What is the payment plan for Maimoon Gardens?
The stated plan is 25% on booking, 45% after booking, and 30% upon handover. The timing of the 45% after booking instalment is not specified, so request a construction linked schedule. All percentages should be recorded in the SPA.
Is Maimoon Gardens a good investment?
The available data shows one-bedroom units priced from AED 1,580,000 to AED 1,610,000 in JVC, with handover in September 2026 and a 25/45/30 payment plan. Whether a specific unit is a good investment depends on total cost, service charges, and comparable evidence. Oliva's free underwriting report delivers a buy or do-not-buy verdict on a specific unit, without promises.
What is the cheapest unit at Maimoon Gardens?
The cheapest priced unit in the current listing data is AED 1,580,000 for a one-bedroom apartment of 794 square feet. All four priced units are one-bedroom configurations, with the top end at AED 1,610,000.
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