Jumeirah Park Villas

Jumeirah Park is a prestigious residential development covering over 370 hectares and offering around 2,000 exclusive villas. The community borders Jumeirah Lake Towers (JLT) and Jumeirah Islands and features a variety of landscaped grounds, parks and landscapes. The developer of the project, which was completed in 2013, was Nakheel Properties.

All of Jumeirah Park’s two-story residences are set apart from each other and are offered in 3, 4 and 5-bedroom variations. Each villa is equipped with a functional kitchen, multiple en-suite bathrooms, built-in closets, a private garden, garage, barbecue area and a play area for children, and some of the residences also have a private pool. Residential units range in size from 285 sq m (3,068 sq ft) to 957 sq m (10,301 sq ft) and the minimum price for a 3-bedroom villa is AED 3,250,000 (USD 821,000).

Jumeirah Park Villas is a neighborhood designed primarily for families. It provides not only comfortable real estate in the form of spacious villas, but also educational and recreational infrastructure for children. The presence of a large number of green areas increases the environmental attractiveness of the area for tenants, and the convenient location between the main streets of Dubai allows residents to quickly get to any part of the city.

For investors, buying a villa in Jumeirah Park is a profitable investment, as the ROI for the area ranges from 4.9 to 5.3%. The average price at which a 3-bedroom villa is sold is AED 3,600,000 (USD 910,000) and the annual rent for this type of housing can range from AED 210,000 to AED 270,000 (USD 53,000-68,000). A feature of the area is the sale of real estate in the freehold (freehold), which gives the foreign investor full ownership of the property.