Jumeirah Village Circle offers a good arrangement of urban living located in a village-like setting built over an area of 870 hectares. Much serenity in a calm ambiance surrounded by canals and gardens produces a family-friendly neighborhood. It attracts not only families but also young expats and couples owing to its strategic location. And the area is extremely popular amongst investors due to its competitive pricings and expected higher rental yields.
Its proximity to Dubai Marina and Barsha Heights explains why it’s in a strategic location- and why investors are interested in this community due to being the benchmark for most groups.
Residentials
The community is designed as a country village of a diverse residentials including townhouses, villas and apartments. The area is beautifully enriched with parks and canals in each corner. Most of the apartments are brand new and equipped with modern amenities like launderette, swimming pool and gyms. Area is welcoming many more projects of apartments aside from modern villas.
JVC is ranked once the best villa community in Dubai due to the factors, such as a range of selections, locality and its environment. The prices are very competitive and it is be feasible for many types of consumers who have different levels of budgets. What’s more is its modern style amenities and quality makes of the buildings by Nakheel.
Property cost
It would cost slightly below than market price for a studio apartment in JVC which is around AED 24k annually and 1 bedroom flats cost around AED 30k. The range could go up to spacious 2-bedroom flats for AED 73k on average in Jumeirah Village Circle. Further, families with more members or who prefer more luxury can rent 3-bedroom flats in JVC somewhere between AED 60k and AED 120k per year. Villas in JVC have attractive rental prices starting AED 65k, allowing more people could afford to own privacy and peacetime. 3-bedroom house is a standard size of of villas to be rented out for around AED 90k per year.
One could buy a studio at AED 400k without paying a fortune. It has been a game changer made it popular amongst expats who purchase property in Dubai. 1-bedroom flats are average of AED 658k, while 2 bedrooms would cost somewhere around AED 1M and it would cost only AED 1.3M for an 3 bedroom apartment for those who prefer living large. Moreover, 1 bedroom townhouse is sold for AED 1M, also 2 bedroom and 3 bedroom villas cost around AED 1.5M and AED 1.9M respectively.
Most popular properties are namely The Manhattan, Diamond Views, Seasons Community and Seasons Community featuring different clusters and different amenities. The top community is Seasons Community as it offers clusters of townhouses and apartments and apartments rentals starting from AED 24k per annum. There are FIVE Jumeirah Village Hotel and Milano Hotels operating and providing service apartments offer rentals and sales options.
Transportation
Private conveyance is practical as JVC residents will never find parking is an issue while there are a lot of private parking spots and street parking available. Public parking is dotted everywhere around the more congested areas for visitors.
Metro stations are not inside the vicinity, therefore, residents may have to take bus or taxis to reach nearest stations like Al Furjan Metro station and Gardens Metro station.
Schools
An ample quantity of educational options is the main leverage of how JVC has cultivated into a family oriented community. For the small ones, there are options like Ladybird Nursery and Kids World Nursery. On top of that, there are many international schools offering UK curriculums. Knowledge Village which is just 15 minutes away from JVC offer world reputable universities such as University of Manchester and Middlesex University.
Medicals
JVC residents will be in close proximity to many clinics such as Karama Medical Center (Jumeirah Village branch), and Emirates Hospital Day Surgery in Motor city and Mediclinic Park View Hospital on Umm Suqeim Road. Motor city and Umm Suqeim are both about 10-15 minutes of drive from JVC.
What’s coming
Currently there are over 250 completed projects in JVC and 100 more is coming to be launched. The Circle Mall is on the way, full-fledged shopping mall with 2 department stores, cinema, cafes and eateries, to bring the new atmosphere to Jumeirah Village Circle life.
Nakheel is establishing a new community club JVC Club on top of The Circle Mall which is a restaurant complex on the roof with a swimming pool and sundeck.
Accessibility
One and half hours to the capital Abu Dhabi, 20 minute drive to Dubai Mall, living at the junction of Sheikh Zayed road and Al Khail road is easy to reach anywhere in Dubai within 45 minutes. With improved connecting points since JVC establishment, the fast growing community is facing a small congestion through Hessa Road during peak times.
Restaurants
JVC is fond of eateries serving different cuisines. From the popular ones there is Wide Range JVC, a casual Indian restaurant, and Socialicious, one of the few pet friendly restaurants in Dubai, and several more. Residents could easily go to Dubai Marina and JBR for artsy cafes or night outs.
The Gate is the famous landmark in Dubai and it has its Gate Village filled with world famous eateries such as Salt and Al Mandaloun. The Marble Walk is another popular place that is only for take away as considering it’s a busy district. There is also a casual dining option on the terrace called The Balcony.
Landmark
Dubai Miracle Garden is one of the most visited attractions displaying millions of flowers blooms through in it. Its followed by Dubai Butterfy Garden, another popular recreation facility, and Wadi Wadi Waterpark and Skydive Dubai are quite nearby to JVC community. The Els Gold Club and Address Montgomerie are the famous golf clubs just a stone away from the region. There are over 30 landscaped parks linked to the village and they are extremely convenient and lively with joggers and strollers along the tracks in the evening.
Considerations
Although JVC is not well connected to public transports, driving is much easier in the neighborhood. The community is expecting many more changes so one could experience noises of constructions on some places. Nevertheless, many advantages are considered in JVC properties as there are great plans within this neighborhood.
Also Read: Four reasons to invest in real estate today
If you would like to get more information on leasing and buying apartments as well as market prices- Kindly contact us for a free consultation at 800-TEXTURE and Whatsapp at +971-50-8091186.