105 Residences

105 Residences takes its name from its unit count. One hundred and five apartments in District 13 of Jumeirah Village Circle, covering studios, one- and two-bedrooms, with entry pricing from around 640,000 dirhams. The more interesting fact sits behind the building rather than in it. Kamdar has operated in Dubai for four decades, but this is the first project the company has offered to public investors.

105 apartments, studios to two-bedrooms

The mix is the standard JVC set, laid out for efficiency rather than for volume. Shared facilities include a swimming pool, a rooftop cinema, a fitness studio, children’s play areas, landscaped outdoor space, secure parking and full-time security, and the exterior leans on glass balconies and large windows. At 105 units this is a mid-sized building for the district: small enough that lift traffic and the service charge stay manageable, large enough to carry a proper amenity floor without the running cost falling on too few owners.

Forty years in Dubai, first time selling off-plan

This combination deserves careful thought, because it does not fit the usual categories. A brand-new developer carries obvious risk, with no balance sheet, no completed work and nothing to inspect. An established off-plan builder carries a visible record a buyer can go and walk through. Kamdar sits between the two. The company has four decades of activity in the emirate, so it is not a shell, but it has no prior off-plan project delivered to outside buyers, which means no handover date it has been publicly held to and no comparable finished building to visit. Ask what the company has actually built and in what capacity, and confirm the escrow arrangements. There is an upside to this position as well: a first public release generally has to sell out and complete cleanly to establish the name, and pricing on it tends to reflect that.

District 13, and what to check

JVC’s districts differ from one another, and District 13 sits in the central part of the community with the area’s familiar trade-offs: heavy competition on rent, a deep tenant pool, and a short drive to Al Khail Road. Payment runs from a ten per cent deposit through construction with a portion falling after handover in 2027, though published versions of the schedule vary, so the exact split is worth confirming. Given where this developer stands, the checks that matter most are the escrow account, the appointed contractor and progress on site, rather than the finish specification. Gorilla Real Estate can carry out those checks and compare 105 Residences against the JVC buildings completing in the same quarter from developers with a longer public record.