Real estate in Jumeirah Village Circle is one of the most sought-after housing options. It is popular among both potential tenants and investors. About 2,000 housing units are available in the complex, which includes huge villas, townhouses, studio flats, and multi-bedroom apartments in high-rise buildings. There are still plenty of under-construction facilities. JVC is home to cutting-edge mid-rise buildings and renowned hotels. The Nakheel company, the project’s developer, aimed to create a space that was pleasant for living as well as resting and unwinding. There are three nurseries, a university, a school, a hospital, and a shopping mall. There are numerous green zones and parks with playgrounds in the area. Because of this, renting out a residence in JVC is a fantastic idea. Rental income brings in 6.8%, one of the highest rates in Dubai, the United Arab Emirates.
Contents
- Pros of Jumeirah Village Circle
- Landmarks
- Green parks and playgrounds for all residents
- Beaches and amusements
- Hotels
- Restaurants
- Shopping
- Fitness centres
- Active water sports
- SPA-salon and leisure
- Transportation
- Schools and nurseries
- Pharmacies and hospitals
- Everything about real estate in Jumeirah Village Circle, the UAE
- Newly built residences and a community in Jumeirah Village Circle
- Property types in Jumeirah Village Circle
- Rental prices of real estate
- Sales real estate prices
- Buy-to-invest real estate in Jumeirah Village Circle
Pros of Jumeirah Village Circle
A well-thought-out infrastructure is one of the key characteristics. Detailed information on the facilities that are accessible through the JVC can be found below. You can get whatever you need (up to higher education and medical care) without leaving the district.
Landmarks
To get a look at the local landmarks, it is enough to come over here from anywhere of the region. After all, the most fascinating constructions, the magnificent skyscrapers, are all visible from the street. Here is a list of some of the most remarkable building options you should consider:
- The First Collection Hotel, one of the most well-known skyscrapers;
- The twenty-storey Manhattan tower, which is inspired by the houses of the 1930s, looks especially impressive at night;
- The Five hotel, situated in the round tower, is one of the most recognisable symbols of the JVC area.
Green parks and playgrounds for all residents
There will undoubtedly be a park close by, regardless of the residence or apartment you reside in. After all, 33 parks are spread out in a small housing complex with an area of 8 km². Some of them are rather small and are only suitable for a playground or benches under trees. However, some of them like Circle Community Park or JVC Community Park, can be referred to as completely green parks.
There are green spaces here for people of all ages. The housing development features dog parks and playgrounds. Since there is also a pet-friendly cafe where pets are welcome, the location is perfect for pet owners overall.
Beaches and amusements
The area does not have access to the Persian Gulf, but it is easy to get there in less than 10 minutes on the D61 highway. After parking there, head to Sufouh Beach for views of The Palm Jumeirah, the well-known artificial island in the shape of a palm tree and a fancy neighbourhood.
The Circle Mall JVC, which has a large swimming pool on its roof, is the entertainment hotspot. We draw attention to the parkour area, where people of all ages can run and jump, even kids as young as three years old. In addition, the shopping centre features a cinema with a large screen.
Hotels
Visitors of Dubai, the UAE, have a variety of hotel selections where they can stay. Additionally, there is an opportunity to select the housing that you want because there are four options available in the community, each with a distinct level of comfort.
| Hotel | Level of services |
|---|---|
| FIVE | Five stars |
| HE Hotels UAE | Four stars |
| The First Collection | Four stars |
| Bab Al Qarya Hotel by AMA PRO | Four stars |
Restaurants
It is challenging to name the exact number of cafes and restaurants located in the community, because there are too many of them. In hotels, shopping malls, and residential buildings are pricey, exclusive establishments like Wide Range Restaurant. Numerous buildings also contain more unpretentious cafes. There are a lot of fast food cafes as well, including the most well-known branches of American chains.
Shopping
Small grocery stores may be found practically in every high-rise building of the residential complex.
If you want to do a lot of shopping, visit the Circle Mall JVC, a large mall with more than 200 department stores.
Fitness centres
The neighbourhood was designed in a way that everything you need is available in the shopping mall. Numerous activities are available here for those who enjoy an active way of life. The building is transformed into a real fitness facility with gyms and group workout spaces, parkour area, tennis court, and rooftop swimming pool.
Besides, Dubai Sports City, which features an international stadium and several sporting opportunities, is located directly across the street from the complex.
Active water sports
The project does not provide residents with access to water sports other than swimming. However, the coast, which can be reached in just 10 minutes, has them in great supply. You will need to travel further for water activities because it takes a long time to enter the water at the closest beaches. So it will take around 20 minutes to get to Kite Beach with entertainment for everyone.
SPA-salon and leisure
Locals love to unwind and actively take care of themselves. It is noticeable by the number of spa salons. You can find about 15 options to suit any taste or budget.
Transportation
You are not limited to using your own automobile to go around in the district, as is the case in elite districts. You can take a bus from JVC to any place in Dubai, the UAE, because it is situated close to several popular tourist destinations.
There are no metro stations, but there are some of them in nearby apartment complexes.
Schools and nurseries
There are three kindergartens available in the neighbourhood, which are conveniently located all around the area. There is a school, JSS International School, which provides education using popular Western Curricula.
Pharmacies and hospitals
Magnum Clinic is the only hospital that provides conventional healthcare services. You can also attend sessions on alternative medicine here.
It won't be difficult to purchase medications, as there are multiple pharmacies located within the housing estate.
Everything about real estate in Jumeirah Village Circle, the UAE
The complex is situated in one of the most sought-after rental zones in Dubai, the UAE, a city known throughout the world for its opulent real estate. This is not a coincidence, however, as the government is making every effort to draw in as much foreign investment as possible. For instance, it abolished income taxes, allowing landlords to do with the full amount of rent as they saw fit.
Newly built residences and a community in Jumeirah Village Circle
It is obvious from the district’s plan that there are a good number of tiny sub-districts. These streets all have unique characteristics to offer. For example, the residential complex’s name was inspired by a circle of villas located in the central part of the area.
Other sub-districts offer apartments in Jumeirah Village Circle in multi-storey buildings.
Property types in Jumeirah Village Circle
In total, the complex features approximately 2,000 housing options. These include the following:
- One- to five-bedroom villas in Jumeirah Village Circle;
- Studio apartments and one- to four-bedroom apartments;
- One- to five-bedroom townhouses.
There are many various housing alternatives because the complex is divided into multiple small, separate sub-districts. Different property areas, plans, and designs of buildings, as well as different amenities, will help the project match almost everyone’s taste.
Rental prices of real estate
According to statistics for 2021, apartments in JVC offers one of the highest rates of return on investment. Therefore, based on the type of the house, it varies from 5.4% to 6.8% on average. In this regard, studio apartments, one-bedroom apartments, and one-bedroom villas are the most profitable real estate types.
The approximate minimum rental rates for real estate are listed below.
| Property type | Number of bedrooms | Area | Annual rental rate |
|---|---|---|---|
| Studio | 1 | 158,5 m² | AED 24,000 (USD 6,500) |
| Apartments | 1 | 111 m² | AED 34,000 (USD 9,250) |
| Townhouse | 1 | 244 m² | AED 75,000 (USD 20,500) |
| Villa | 2 | 762 m² | AED 118,000 (USD 32,100) |
Sales real estate prices
The pricing of similar houses for purchase a flat in JVC in Dubai is listed in the table below to help you get a general idea of how much real estate in a residential complex will cost and how many years the investment will pay off.
| Property type | Number of bedrooms | Area | Annual rental rate |
|---|---|---|---|
| Studio | 1 | 122,5 m² | AED 260,000 (USD 70,800) |
| Apartments | 1 | 178 m² | AED 350,000 (USD 95,300) |
| Townhouse | 1 | 594 m² | AED 1,300,000 (USD 354,000) |
| Villa | 2 | 640 m² | AED 1,650,000 (USD 449,200) |
Buy-to-invest real estate in Jumeirah Village Circle
Even the most upscale locations do not usually provide such an amazing degree of return on investment, which is why apartments and villas in JVC in Dubai are in high demand among investors. In addition, as many off-plan housing in JVC directly from the developer have not yet been put into operation, you can profitably purchase dwellings.
Please contact our experts via online chat or by calling the numbers mentioned on the website if you have any questions or want to learn more about how to purchase real estate in this region. We will select a property that matches the requirements of customers, work up a payment plan with the developer, and offer the client complete support throughout the entire transaction process. Additionally, the company offers property management services and after-sales support.
