Red Square
Looking for an Affordable New Build Under AED 700,000? Discover Red Square
Red Square is a new residential development in Jumeirah Village Triangle (JVT), Dubai, delivered by Lilium Tower. Currently marked as completed, the project is expected to be fully operational by the fourth quarter of 2026. Homes are priced from AED 662,234, offering excellent value under AED 700,000.
This project, located on Joory Street, District 3, Jumeirah Village Circle, Dubai, United Arab Emirates, comprises 858 thoughtfully designed units, maximising space and comfort. With unit sizes ranging from 29.0 to 192.0 square metres, this development caters to various preferences.
Who Should Buy Studio, 1 Bedroom, 2 Bedroom and Duplex in JVT?
If you're a first-time buyer exploring affordable homes for sale in Dubai under AED 700,000, Red Square is designed with you in mind. This new build project in JVT features a mix of duplexes and studios, including studio, 1 bedroom, 2 bedroom, and duplex apartments. With a starting price of just AED 662,234, it's ideal for those seeking a stylish yet affordable entry into the market.
Whether you're drawn to the price point or the lifestyle perks, this project stands out in the competitive Dubai property market. New build properties for sale in Dubai under AED 700,000 rarely offer such high-spec interiors and amenities at this value. With the current status marked as completed, and handover expected by 4Q/2026, buyers can take advantage of tailored payment plans and early mortgage approvals. If you're budget-conscious but refuse to compromise on quality, Red Square is built for you.
Are you an international buyer from the United Kingdom, Asia, or beyond? Good news: foreign nationals can buy property in Dubai without restrictions. All units in Red Square come with Freehold ownership, giving you full property rights and long-term security.
For investors, Red Square offers excellent potential as a buy-to-let property under AED 700,000, with a projected high rental yield and growing demand for rental properties in Dubai below AED 700,000. Whether you’re looking for an investment property in Dubai under AED 700,000 or a freehold house in Dubai under AED 700,000 in a prime location, this project promises long-term capital growth and reliable income. Combine that with flexible payment options and proximity to key amenities, and you have a compelling choice for investing in Dubai.
Not Sure If This Is the Right Property for You?
Buying property in Dubai can be complex, from legal requirements and financing to spotting the real value behind glossy brochures. And let’s face it, not every “advisor” out there has your best interests at heart.
At Entralon, we offer commission-free guidance backed by data, not pressure or sales tactics. Whether you’re comparing multiple homes or wondering if Red Square truly fits your needs, we’re here to help you make the smartest move for your future.
Fill out the Form for a personalised shortlist and honest answers to all your questions. Let’s simplify your buying journey together.
What’s It Like Living in Red Square, a New Build Home in JVT Under AED 700,000?
Step inside your new home at Red Square and you’ll find bright, open-plan interiors with access to amenities such as beaches, cafes, restaurants, and a children's area. Whether it's a studio, 1 bedroom, 2 bedroom, or duplex in Dubai under AED 700,000, each unit is designed for comfort, functionality, and style. Sleek kitchens, energy-efficient appliances, and private balconies offer the perfect urban sanctuary for city living.
Life at Red Square means more than just owning a property; it’s about being part of a connected, vibrant neighbourhood in JVT, Dubai. Whether you're sipping coffee at local cafés, enjoying riverside walks, or commuting easily via public transport, this is one of the best Dubai homes under AED 700,000 for smart, city-focused buyers.
These new build properties under AED 700,000 blend contemporary living with local charm. From morning jogs in nearby parks to weekend markets and hidden eateries, living in JVT offers the balance of lifestyle and convenience that first-time buyers and buy-to-let investors are looking for.
Want Photos, Videos, or a Personal Walkthrough?
We know buying a home is a big decision, and sometimes, what you really need is to see more than just the brochure. Fill out the Form to request exclusive photos, virtual tours, floorplans, and detailed specifications for Red Square. Our team is here to give you the full picture.
