Tiger Properties: volume at the low end, and how to check a delivery record
One of the oldest builders in the affordable segment. What a low entry price is built from, and the specific checks that matter more here than anywhere else in the market.
Red Square
JVT District 3 · Tiger Properties
Project factsheet
Storeys 39
Units in the building 836
Developer Tiger Properties
Status Under development
District JVT District 3
About the building
Located in JVT District 3. Developer — Tiger Properties. Architect — Kaizen Architects & Engineers.
What the building has
- Parking
- Shops
Specifications for Red Square per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Red Square is a residential complex of several buildings in JVT District 3, currently under construction.
The developer is Tiger Properties. The architecture is by Kaizen Architects & Engineers.
The complex holds 836 apartments in total. The tallest tower rises 39 storeys.
The database currently holds 2 lots in this project, from 500 000 AED; 1 of them priced below the market, the deepest discount 14%.
Twin Tiger towers in Jumeirah Village Triangle: the spec sheet lists 39 storeys and 836 apartments, all furnished, with handover originally announced for December 2026.
What it is
Red Square is a complex of two identical towers. Per the propsearch spec sheet, it's 39 storeys and 836 apartments in JVT District 3, developed by Tiger Properties, designed by Kaizen.
All apartments are handed over furnished — a meaningful selling point for JVT: this is a rental-driven district, and a furnished unit can go straight onto the market.
Marketing materials referred to the location as both JLT and JVT. The spec sheet places the project in JVT District 3; worth confirming with the seller, since the two districts are neighbours but different markets.
Launch prices and payment plan
February 2024, in US dollars: studios from $162,000, one-bedrooms from $283,000, two-bedrooms from $411,000.
Payment schemes varied by unit type. For studios: 20% down payment, 60% during construction, 20% over two years after handover. For one- and two-bedrooms: 10% down payment, 60% during construction, 30% over two years after handover.
A separate 20% discount was offered for full payment upfront — an unusually large offer, and it says a lot about how badly the developer needed liquidity at launch.
Prices, payment schemes, the full-payment discount and furnishing — Tiger Group developer materials, January and February 2024. Storey count, apartment count, district and architect — propsearch spec sheet.
What the complex has
Parking
Shops
Where it is
Lots in this project — 2
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Red Square
Who is the developer of Red Square?
Tiger Properties. The architecture is by Kaizen Architects & Engineers.
How many floors does Red Square have?
39 — that is the tallest building of the complex. The complex has 836 apartments.
When is Red Square handed over?
The project is under construction. I check the exact date for a particular unit in the contract before the deal.
Where is Red Square?
JVT. The same idea as JVC, two storeys lower and considerably calmer: a grid of quiet streets where a townhouse costs what an apartment costs closer in.
How much does an apartment in Red Square cost?
The database currently holds 2 lots in this project, from 500 000 AED; 1 of them priced below the market, the deepest discount 14%. Prices in the base are live and update every day; ask for the current list for the building before deciding.
In the news
What has been written about the building, its developer and JVT District 3
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
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