Property for sale in Jumeirah Village Circle, Dubai, UAE: buy real estate, prices

Property for sale in Jumeirah Village Circle (JVC) in Dubai, the UAE

Real estate in Jumeirah Village Circle (JVC) in Dubai is remarkable for its diversity. Some of the residences here are move-in-ready for residents. Locals and visitors to Dubai may find the local environment of these homes, townhouses, and incredible high-rise buildings recognisable. The other part of the facilities is now under development and will be commissioned in the following few years, with the majority of them being high-rise buildings and skyscrapers. While some facilities will be finished by the end of 2022, others will be completed in 2023 or 2024. The best time to buy real estate in JVC in Dubai, if you’re interested in investing in Dubai properties, is right now! Under-construction apartments in JVC are offered at a substantial discount, directly from developers. Additionally, you don’t have to pay the full amount at once. The majority of developers provide a 10–20% deposit to reserve a selected unit, a 40–60% payment is then expected during the development, and the rest is to be paid upon completion. If required, the buyer might take out a mortgage at a local bank in Dubai, UAE.

Residences at JVC are a great investment tool. When renting them out, the yield will be between 5.3% and 6.8%, depending on the housing type.

However, many buyers choose to purchase a house in Jumeirah Village Circle for reasons other than pure investments. Housing in JVC will be a fantastic alternative for a foreigner who plans to relocate to the Emirates and is seeking an apartment or a house in Dubai, UAE. Numerous amenities are available to locals in the neighbourhood, including schools, hospitals, kindergartens, stores, restaurants, fitness centres, and spas.

Jumeirah Village Circle, Dubai

Lifestyle and characteristics of the area

Those who desire to relocate to Dubai, United Arab Emirates, can choose from a wide range of amenities. There are many parks, green spaces, playgrounds, and even places where people can walk their dogs at JVC. In general, the community is extremely pet-friendly. There is even a cafe where you can visit with your pets. This focus on animals demonstrates that the neighbourhood is mostly oriented toward ex-pats.

Another feature of the community is that it has all the required infrastructure on its territory. The community includes:

a clinic;
three veterinary hospitals;
a school;
three nurseries;
33 green parks;
a shopping mall;
a variety of shops, cafes, and restaurants;
playgrounds and gyms.

Foreigners can also buy property in Jumeirah Village Circle in Dubai for investments and living. The area is conveniently located, making it easy for locals to access Dubai’s most significant places from here:

10 minutes to reach the bay coast, the beach, and the tourist promenade;
17 minutes to travel to Business Bay, a local business centre;
30 minutes to the international airport.

Property types in JVC

In total, more than 2,000 houses are planned to be built in this community. The area itself differs from all other areas of the metropolis because it consists of small residential complexes that have been constructed by different developers. This indicates that distinctive architectural and design solutions set each of these quarters apart. Residents have access to a wide range of home options, architectural styles, and colour schemes, as well as a varied set of amenities.

Today, townhouses and villas in JVC are well-known for their vast variety. Villas have between one and five bedrooms, and townhouses offer the same number of bedrooms. Prices for small one-bedroom homes start at AED 1.3 million ($354,000) while promising the highest return on investment, with up to 6.8%.

Apartments in Jumeirah Village Circle make up the remainder of the properties. Many developers offer studios for a minimum price of AED 280,000 ($76,200). You can also acquire one- to four-bedroom apartments or a luxurious penthouse.

Property investment in Jumeirah Village Circle

Investment appeal of JVC, Dubai

There are many possibilities if you wish to invest in real estate in JVC, Dubai, including units of varying sizes and prices throughout the region. Investing in this highly liquid and profitable housing market is beneficial for several reasons.

You can invest in property in Dubai and save money during the crisis. Real estate in JVC for overseas nationals is currently the best investment tool.

You may purchase a house and leave the rental to an agency. The annual income from the cheapest units, if you purchase them, will be around AED 19,000 ($5200).

It is possible to pay for properties in Jumeirah Village Circle in installments while construction is still taking place. 10–20% of the sale price is required for a reservation, and the remaining amount of 40–60% can be paid out over the course of the construction period. Additionally, the last payment is made on the transfer of the keys.

Advantages of Jumeirah Village Circle

Attractions

All the interesting places in the district are connected to all the well-known locations. The view from the skyscrapers to the district's centre, where a circle of identical villas surrounds a park, is its greatest draw. It is an honour of this complex that the community received its name. The centre circle has an interesting appearance during the day, and when illuminated at night, it takes on magical outlines.

We specifically point out the well-known multi-storey structures that contribute to the district’s distinctive silhouette.

The First Collection hotel is a 41-storey building, the walls of which consist only of windows. This is one of the most popular skyscrapers in the city, the UAE, and not just this neighborhood.

The second best-known local hotel, Five, is located close to the above-mentioned hotel. It is a round building with 269 pools and hot tubs, many of which are situated on the balconies of the hotel rooms.

33 parks and green zones for children and animals

The neighbourhood has several parks and other green spaces. Naturally, the majority of these are playgrounds with gardens or tiny lawns with places to rest but has a lot more to offer. Local sports facilities, such as RootsCamp, are easily accessible. Both kids and adults can take classes there.

There is also a place for large, full-fledged parks. Halfa Park and Community Park, for instance, are two of the largest parks. For some foreigners, such an abundance of greenery is typical, but in the United Arab Emirates, where the majority of the land is sand, it is challenging to create such vibrant parks.

Take note that many sub-communities in the region have green zones. For example, it is planned to develop a lovely garden with flowers, trees, and lawns in the Luma 21 residential complex, which will be completed in 2024.

Restaurants and shopping

The high standard of living in the neighbourhood is perfectly matched by the property prices in Jumeirah Village Circle. Therefore, there are numerous places to eat and go shopping in JVC. You can spend time in a shop or a restaurant in Circle Mall JVC, the main shopping mall, where 80 stores, 40 cafes and restaurants, a huge sports complex with a swimming pool, a gym, and a tennis court, as well as a playground, movie theatres, and other entertainment venues, are located, on an area of 11.7 thousand square metres.

However, this is not the only option. Restaurants and cafes, as well as stores, are often situated on the ground floors of multi-storey buildings.

SPA, sports, and recreation

The neighbourhood offers several alternatives to unwind in the SPA. There are roughly 15 salons that provide treatments and massages. The community makes it simple to get your hair, make-up or manicure done.

Speaking about sports, a sports complex in a shopping mall is the best choice for training. Here you can:

play on the tennis court;
swim in the pool on the roof of the building;
work out in the gym;
exercise on the parkour playground, which is appropriate for adults and children as young as three years old;
Work out in the gym with various group classes.

There are other sports venues in JVC besides this one. There are nine additional fitness facilities nearby. Additionally, there are many sections and clubs for professional sports in the neighbouring Dubai Sports City. Residents can choose a sport and the most practical gym for training with ease.

Jumeirah Village Circle (JVC)