Beverly Residence Phase 2: HMB Apartments in JVC, Handover Due December 2026
Beverly Residence Phase 2 is a residential apartment development by H M B Development, located in Jumeirah Village Circle (JVC), District 15, Dubai. Construction started in September 2023. The expected handover date is December 2026, approximately three months from today.
Jumeirah Village Circle: Location in Context
JVC sits at the centre of Dubai's western residential belt, bordered by Sheikh Mohammed Bin Zayed Road to the east and Al Khail Road to the west. From either artery, Downtown Dubai and Dubai Marina are roughly 20 to 25 minutes by car in normal traffic. That accessibility makes JVC a practical base for residents commuting to either hub.
The district is an established residential community with towers, villas, and community infrastructure spread across its neighbourhoods. It is not a waterfront address and does not carry the location premium of Jumeirah, DIFC, or Business Bay. What JVC offers instead is a complete residential environment at prices that reflect its geography rather than a brand. You give up the waterfront or the city-centre address; the price per square foot reflects that trade-off.
From AED 600K to AED 1.4M: Unpacking the Price Range
All units here are apartments. The AED 800,000 spread from the lowest to the highest asking price reflects three distinct size bands rather than any difference in property type:
- Studios from 389 to 467 sq ft, starting at AED 600,000
- 1-bedroom units from 648 to 1,063 sq ft, starting at AED 825,000
- 2-bedroom units from 1,112 to 1,849 sq ft, starting at AED 1,400,000
Studios in the 390 to 470 sq ft range are compact. These units suit buyers focused on yield over personal use. The 1-bedroom tier offers more range. Entry-level configurations at around 650 sq ft work for a single resident or a rental buyer. The larger 1-beds above 900 sq ft add meaningful living space and suit couples or owner-occupiers who want room to work from home. At the top end, the 2-bedroom units at AED 1.4 million span from 1,112 to a notably large 1,849 sq ft, covering the range from a practical family flat to a generously sized owner-occupier home.
Nine Amenities, Two Worth Calling Out
| Category | Amenities |
|---|---|
| Parking | Basement Parking, Covered Parking |
| Fitness | Gymnasium |
| Recreation | Shared Pool, Barbecue Area, Balcony |
| Community | Mosque, Restaurants, Security |
The amenity set covers what residents use daily: gym, pool, outdoor barbecue space, balconies, and two parking options. The on-site mosque and restaurant facilities are practical additions. An in-building mosque removes a daily errand for residents who observe prayer schedules. On-site dining reduces reliance on delivery for working residents. The overall set signals a building aimed at everyday residential function rather than resort-style marketing.
Three Months to Handover
Construction started in September 2023. The expected completion date is December 2026, which places handover approximately three months from now. At this stage, the project is in its final stretch of the construction phase. Buyers entering today have minimal remaining off-plan exposure in terms of timeline.
For new buyers, the practical implication is that the construction-period payment and the 40% handover payment will arrive in close succession rather than being spread over a longer build window.
Getting In for 20%, Settling in Full at Keys
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| On handover | 40% |
A 20% down payment secures entry. The remaining 80% splits evenly: 40% across the construction period and 40% due at handover. Working through the figures: on a studio at AED 600,000, that is AED 120,000 on signing, AED 240,000 during construction, and AED 240,000 at keys. On the 2-bedroom at AED 1.4 million, the handover payment alone reaches AED 560,000. There is no post-handover instalment plan, so the full purchase price clears at the point of handover. With December 2026 as the completion target, that settlement arrives within the next three months.