The Borough

P3 — Under Development Off-Plan Primary
Developer Iconic Vista Real Estate Development
Property type Apartment
Data updated Feb 26, 2026

The Borough is a Under Development development by Iconic Vista Real Estate Development in Jumeirah Village Circle. 39 units across 1 Bedroom (51%), Studio (46%), 2 Bedroom (3%). Over the trailing 12 months, 39 sales at a median of AED 1,101,278.

Key Metrics
Median Price
Value
AED 1,101,278
Transactions
Value
39
Change
39 in period
Price / sqft
Value
AED 1,633
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,101,278
Transactions
39
↑ 39 in period
Price / sqft
AED 1,633
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
19.7%
Community avg
Holding Period
Value
4.4 yrs
Community avg
Ready Market Mix
Value
7.4%
Community avg
Capital Return
19.7%
Community avg
Holding Period
4.4 yrs
Community avg
Ready Market Mix
7.4%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 18 units · 46%
1 Bedroom 20 units · 51%
2 Bedroom 1 units · 3%

Transaction Breakdown

All time — 39 transactions
Off-Plan Primary
39

Price History

Median Price — The Borough

Median prices in The Borough have softened, declining 7% to AED 740K over the past 4 months.

Recent Transactions

Showing last 10 of 39
Date Type Price (AED) Size (sqft) AED/sqft
Feb 26, 2026 OP Primary 729,840 404 1,804
Feb 24, 2026 OP Primary 1,278,854 743 1,719
Feb 20, 2026 OP Primary 799,640 527 1,514
Feb 10, 2026 OP Primary 739,840 404 1,827
Feb 02, 2026 OP Primary 739,840 403 1,831
Jan 30, 2026 OP Primary 1,449,080 1,044 1,387
Jan 12, 2026 OP Primary 1,129,820 744 1,517
Jan 12, 2026 OP Primary 739,840 402 1,836
Jan 10, 2026 OP Primary 1,214,911 743 1,633
Jan 10, 2026 OP Primary 1,214,911 743 1,633

This project is in Jumeirah Village Circle

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