Avanos Residence, JVC
Avanos Residence is a six-storey residential building in JVC District 10, Jumeirah Village Circle, developed by Myra Real Estate Developments. Handed over in November 2023, the building offers studio, one-bedroom, two-bedroom and three-bedroom apartments ranging from 469 to 1,951 square feet. Royale Stays manages short-term rental listings across JVC for a fee starting from 15%.
Developer
Myra Real Estate Developments
District
JVC District 10
Unit mix
Studio to 3BR apartments (469-1,951 sq ft)
Status
Delivered November 2023, 6 storeys
About Avanos Residence
Avanos Residence is a six-storey residential building in JVC District 10, Jumeirah Village Circle, developed by Myra Real Estate Developments. Construction began in November 2021 and the building was handed over in November 2023, per the developer's project record on propsearch.ae. The project carried a pre-construction Land Department value estimate of around AED 28.9 million.
The building comprises studio, one-bedroom, two-bedroom and three-bedroom apartments, with unit sizes ranging from 469 to 1,951 square feet, confirmed across propsearch.ae, luxvenrealestate.com and PropertyFinder's own listing breakdown. Dubai Land Department records show around 50 recorded sale transactions at the building to date.
Location & Nearby Landmarks
Avanos Residence sits in JVC District 10, part of Jumeirah Village Circle, one of Dubai's established, centrally located freehold districts. Circle Mall, the district's main retail and dining hub, is around 0.8 km away and includes a Cinepolis cinema and two gyms. JSS International School is around 0.4 km away and Harrow International School Dubai around 1.7 km away.
The Springs Souk, with Reel Cinemas, is around 1.6 km from the building, and Mall of the Emirates, with Vox Cinemas, is around 5.6 km away. Emirates Golf Club is around 5.0 km away. The nearest hotel, Gloria H.E. Hotel Apartments, is about 1.1 km away. Avanos Residence joins Royale Stays' wider JVC Building Guide cluster alongside other single-building guides such as Astoria Residence.
Unit Types
Avanos Residence offers studio, one-bedroom, two-bedroom and three-bedroom apartments across its six floors, with sizes ranging from 469 to 1,951 square feet per the developer's own listing and independent portal data. Royale Stays currently manages apartment units for short-term letting.
Dubai Land Department sale records republished by propsearch.ae show a recent studio transaction of 470 sq ft for AED 470,000 (around AED 999 per sq ft, August 2026) and a one-bedroom transaction of 863 sq ft priced at roughly AED 1,100 per sq ft (July 2026), among 50 recorded sale transactions for the building. Owners should confirm their own unit's exact layout and size with building management.
Amenities
Amenities at Avanos Residence include a swimming pool, a fully equipped gymnasium, a children's play area, covered parking, cabanas, smart home technologies and 24-hour security, per the developer's own building specification.
Transportation & Access
JVC has no on-site Metro station, so most residents and guests rely on a car, taxi or ride-hailing app. From Avanos Residence it is roughly a 21-minute drive to Dubai Mall, 16 minutes to Palm Jumeirah, 17 minutes to Burj Al Arab and 20 minutes to The Walk JBR, per Google Maps drive-time estimates republished on propsearch.ae.
Dubai International Airport (DXB) is around 26 minutes away by car, and the newer Al Maktoum International Airport is around 29 minutes away.
Price Guide & Rental Trends
PropertyFinder's trailing 12-month listing data puts the average studio sale price at Avanos Residence around AED 605,000 and the average one-bedroom sale price around AED 1,016,250, with an overall price range of roughly AED 650,000 to AED 1.2 million (average around AED 934,000, or about AED 1,200 per sq ft) and an average rental yield around 8.3%. Dubai Land Department transaction records show individual studio sales as low as AED 470,000 for a 470 sq ft unit.
Owners weighing a specific unit's earning potential can run their own numbers through Royale Stays' Dubai property ROI calculator.
Airbnb Income Potential
Short-term letting anywhere in Dubai, including at Avanos Residence, requires a DTCM holiday-home permit, along with confirming the building's own short-term letting policy before listing a unit.
Royale Stays' own managed JVC portfolio shows studio units averaging AED 339/night at 88% occupancy (around AED 9,202/month) and one-bedroom units averaging AED 432/night at 85% occupancy (around AED 11,344/month), a range that lines up with Avanos Residence's own studio and one-bedroom apartment stock. Royale Stays handles the full furnishing, photography, pricing, check-in and guest communications for owners at JVC buildings like Avanos Residence, from a management fee starting from 15%.
Myra Real Estate Developments is a private residential developer, not a hotel brand: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that apartments at Avanos Residence can't be run as licensed holiday homes. Owners ready to move forward can submit their property for a free earnings estimate.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions