Jumeirah Village Circle is a popular residential and commercial area consisting mainly of Arabic and Mediterranean style villas and townhouses. From above, the shape of the district looks like a flat circle. The district is adjacent to Jumeirah Village Triangle, another residential area with both villas and townhouses, which serves as a continuation of Jumeirah Village Circle.
The two separate developments, Jumeirah Village Triangle and Jumeirah Village Circle, together make up many residential buildings, offices, commercial, retail and entertainment facilities spread over an area of 811 hectares. Jumeirah Village offers residents a real sense of community living.
Jumeirah Village Circle is ideally located on the edge of the business center of Dubai, close to three main highways – Emirates Road, Sheikh Zayed Road and Al Khail Road. The district is adjacent to The Springs and Dubai Sports City and only a 15 minute drive away to other business areas such as Dubai Media City and Dubai Internet City.
JVC is located just several minutes away from schools, hospitals and other social infrastructure facilities. Furthermore, the district is close to many exciting entertainment attractions, such as the new Motiongate theme park, Legoland Dubai and Bollywood Theme Parks, which are all just a 30-minute drive away.
The district has a well-developed infrastructure. Here one can find 33 parks with dedicated walking areas, playgrounds and running tracks. In addition, there is also a wide range of supermarkets, such as Aswaaq Mart, The Express Cart and Green Apple. For medical treatment, residents can go to Right Health Karama Medical Center located close to the Al Khail Road. The district also offers various educational facilities, including JSS International School and UEG School.
In the near future, Nakheel will open two new shopping centers in close proximity to Jumeirah Village: Al Khail Avenue in Jumeirah Village Triangle and The Circle Mall in Jumeirah Village Circle.
The Circle Mall has a total area of 1,000,000 sq. ft, and upon completion will house 235 stores, a Spinneys supermarket, two department stores, a multi-screen cinema venue, as well as numerous restaurants. Strategically located between Sheikh Mohammed Bin Zayed Road, Al Khail Road and Hessa Street, The Circle Mall will serve hundreds of thousands of people living in the city and its surrounding areas and work as a new holiday destination for residents and tourists in this part of Dubai.
The location of the district allows reaching popular entertainment destinations in the city very easy.
Dubai Miracle Garden is the largest flower garden in the world. Its area is 775,000 sq. ft and its main attraction is the exact replicas of famous buildings and architectural structures made up of flowers. The heart-shaped arches on the Alley of Love are particularly popular among visitors. The garden features life-size castles and flower houses with more than 50 million flowers planted within the vicinity.
The road from Jumeirah Village Circle to Dubai Miracle Garden will take 10 minutes.
Legoland is one of the largest theme parks in the world and is part of the large hotel complex of Dubai Parks and Resorts. This is a favorite holiday destination for both tourists and locals. The park is divided into two large thematic zones – an amusement park and a water park with water slides and pools, where visitors of any age can find something that suits their liking. Legoland comprises over 40 attractions and 6 playgrounds with educational games and entertainments for children, as well as 15,000 models and more than 60 million LEGO elements.The road from Jumeirah Village Circle to Legoland takes less than half an hour.
According to Dubai’s annual property report for 2020, low-cost apartments were the top interest in Jumeirah Village Circle as the cost of renting apartments in JVC decreased by 10-17%.
Jumeirah Village Circle is already housing 110 residential complexes that cater to every taste and budget. A quarter of the district is still vacant, which means there will be new projects in the near future.
Tower 108 is a residential 34-storey building in the center of the district, developed by Damac Properties. It consists of 404 residences with various layouts, from studios to serviced apartments. All property units are fully furnished and ready to move in. The total living area of apartments varies from 432 sq. ft to 1,785 sq. ft. This development is already completed.
There are also four parking levels and a roof-top relaxation area. The residents can take advantage of numerous amenities, including 24-hour security, concierge and reception services. The project includes swimming pools, children’s playgrounds, a jacuzzi and a gym.
The starting price for a studio is AED 350,000 (USD 95,500) with an average yearly rental rate of AED 26,000 (USD 7,100). Thus, a potential investor may earn 7.4% annually.
Ghalia is a unique project developed by Damac Properties. This is the first residential complex that complies with Sharia law. The developer offers an exclusive collection of luxury move-in ready studios and 1-3-bedroom apartments. Serviced units are managed by Damac Hotels & Resorts.
The size of the property units ranges from 442 sq. ft to 1,607 sq. ft. All residences are equipped with everything residents may need to help them lead a comfortable lifestyle. Units have spacious living rooms with sofa beds, fully-equipped kitchens and stylish, modern bedrooms. All features are designed to provide the standard one would normally expect from a premium hotel. Residents will have access to a swimming pool, state-of-the-art gym as well as covered parking. The construction of the complex has been completed.
The real estate in Ghalia is in high demand among investors and buyers. There are currently only three-bedroom apartments left for sale. The starting price is 1,350,000 AED (USD 368,000) with an average rental price of AED 82,000 (USD 22,500) per year. The average investment in Ghalia is 6%.
This residential complex by Iman Developers offers stylish studios and apartments with 1-2 bedrooms. All property units have an elegant design with chic Italian finishes. Residents can use a range of top-class services, including a swimming pool, yoga space and a Skyview barbeque lounge.
The size of apartments varies from 357 sq. ft to 1,549 sq. ft. with the price of a studio starting from AED 400,000 (USD 109,000). The completion is estimated for handover at the end of 2021.
Located in the south of JVC, Belgravia has the excellent advantage of being the nearest to the exit of Sheikh Mohammed Bin Zayed Road and the Al Khail Road. The developer of Belgravia is Ellington Group. The six-storeyed complex consists of studios and apartments with 1-3 bedrooms. Unit sizes vary from 382 sq. ft to 2,063 sq. ft. depending on the number of bedrooms. All apartments have floor-to-ceiling windows, spacious balconies, built-in, fully equipped kitchens and modern furniture.
The complex offers various amenities and services, such as a reception with concierge, 24-hour security and parking. There is also an infinity pool, a gym, a health club, a sauna and a children’s playground.
Starting price for a studio starts from AED 450,000 (USD 123,000). The annual rental rate for a studio with a total living area of 505 sq. ft is AED 42,000 (USD 11,500). The average ROI in Belgravia is 7%.
Bloom Towers is a residential complex located on the outskirts of JVC and consists of three towers with 689 studios and one-bedroom apartments. Their size varies from 370 sq. ft to 756 sq. ft. Buyers can choose any of the numerous layouts.
Residents have access to recreation areas, swimming pools, spas and saunas and will receive an allocated parking slot. On the ground floor, there is a luxurious lobby, concierge and security services as well as shops and restaurants.
The construction of the complex was completed at the beginning of 2021. The annual rental rate for a studio is AED 28,000 (USD 7,650).
Fortunato is a tranquil community by Al Tajir Real Estate. The developer offers studios, apartments with 1-3 bedrooms, duplexes and penthouses. The size of property units ranges from 512 sq. ft to 2,350 sq. ft.
The complex has a rich infrastructure, including underground parking for each property unit, a garden and recreation areas, swimming pools, and much more. Additionally, residents gain access to a gym, sauna and steam bath. The complex also has a state-of-the-art 24-hour security system with surveillance cameras. Construction works were completed back in 2014. The average rental rate for a studio is AED 26,000 (USD 7,100).
Laya Residences is a new development by Akshara Global. The 1-3 bedroom apartments occupy four floors. The complex has everything for a comfortable stay thanks to its many amenities and facilities, that include a 24-hour security system, an air conditioned elevator, a 24-hour front desk service and dedicated parking. Residents can also enjoy a swimming pool, a steam room and an on-site gym.
The size of property units varies from 885 sq. ft to 1,867 sq. ft. The average annual rental rate for a one-bedroom apartment at Laya Residences is AED 42,000 (USD 11,500).
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