Apartments for sale in Jumeirah Village Circle, the UAE
Apartments in Jumeirah Village Circle in Dubai for investment and living can be a great choice as there’s a constant and growing demand for housing here. You can typically reach 6.3% per year of your invested funds through rent. By the end of 2022, the region’s low- and high-rise residential complexes and numerous villas and townhouses will have been completed. However, construction work is still in progress, so there’s an opportunity to acquire off-plan real estate in Dubai. In the next couple of years, several dozen additional high-rise structures will be put into operation.
When comparing Jumeirah Village Circle real estate to properties in other areas of Dubai, and the United Arab Emirates, it’s important to note the abundance of studio flats. This implies that housing in this area is intended for the broadest possible buyer’s range. This explains why the district is so in demand among tenants.
Flats in Jumeirah Village Circle in Dubai feature studios, one- to four-bedroom apartments, as well as roomy penthouses. The number of rooms and apartment areas are determined by the developers according to individual projects.
This sought-after neighbourhood in Dubai, the UAE, has all the required infrastructure and services, including:
- gardens;
- swimming pools;
- different stores;
- restaurants;
- playgrounds;
- Gyms;
- parking spaces;
- and much more.
A hospital, a school, multiple kindergartens, and a shopping mall are in the territory of the community.
The area is conveniently located. Once deciding to buy apartments in Jumeirah Village Circle in Dubai, it will take only 10 mins for potential buyers to reach the sea and well-known tourist places of the emirate, 20 mins to get to Business Bay, and 30 mins to reach the airport.
Apartments prices in Jumeirah Village Circle, the UAE
Apartment costs in JVC differ significantly and don’t just depend on the number of bedrooms and the location of the facility. The community consists of small residential complexes from various real estate developers. Each offers a different combination of amenities and conditions, as well as a varied location for each residence and a separate set of adjacent infrastructure facilities. Additionally, the developers are attempting to produce solutions at various pricing levels.
The minimum housing price based on the number of bedrooms is indicated in the table.
| Number of beds | Area | Price |
|---|---|---|
| Studio | 37 m² | AED 260,000 (USD 70,800) |
| 1 | 54 m² | AED 350,000 (USD 95,300) |
| 2 | 81 m² | AED 490,000 (USD 133,400) |
| 3 | 130 m² | AED 830,000 (USD 226,000) |
| 4 | 237 m² | AED 1.35 million (USD 367,500) |
| Penthouse | 124 m² | AED 1.3 million (USD 354,000) |
Apartments investment in Jumeirah Village Circle in Dubai
If you are planning to rent out your property in the community, then it’s best to invest in studio flats for sale in JVC in Dubai. After all, the owner will then be able to receive 6.5% per year of the invested funds. Three-bedroom apartments have the lowest rental yield in the area, providing a return on investment of 5.3% per year.
In Dubai, purchasing off-plan real estate is the most lucrative. In this case, developers offer customers the chance to reserve a selected unit for 10–20 % of its value. 40–60% of the total amount will then need to be paid during the construction phase, with the remaining balance due when the keys are transferred.
Today, buyers do not even need to come to Dubai, the UAE, to select highly liquid and profitable housing. They need to just contact the agency. The transaction can be completed remotely, and ownership of the property can be transferred to an authorised organisation. The investor can then begin to generate a profit. Due to the escalating cost of real estate in Dubai, you can, if necessary, resell the residence and get your money back with interest.
Assistance with buying an apartment in Jumeirah Village Circle in Dubai
Our real estate experts are happy to respond to any questions via online chat or if you would like more information on property acquisition in Dubai, UAE. You can also leave a request for a call by filling out the feedback form on the website. We will choose a property to meet the client’s needs, work out a payment plan with the developer, and offer the client complete support throughout the entire transaction. The company also provides after-sales service and facility management.
