Joya Verde Residences is a four-storey residential complex located in Jumeirah Village Circle, Dubai. The project was developed by Green Yard Properties and features one of the largest rooftop gardens in Dubai.
The complex has a total of 110 residential units available to buy and rent. Properties include 44 studios, 54 one-bedroom apartments, and 12 two-bedroom apartments that vary in configuration. All units have balconies, fully equipped kitchens, Italian furniture, and large windows, and some properties have private gardens and large terraces.
Residents can enjoy a variety of amenities, including:
Studios have a minimum size of 38 sq. m (412 sq. ft.). One-bedroom apartments have a minimum size of 72 sq. m (781 sq. ft.), and two-bedroom apartments have a minimum size of 189 sq. m. (2,037 sq. ft.).
The starting price for a studio is AED 400,000 (USD 109,000). One-bedroom apartments have a starting price of AED 425,000 (USD 116,000), and two-bedroom apartments have a starting price of AED 800,000 (USD 218,000).
*The price is valid for 2021
Joya Verde Residences is located near Al Khail Road and Sheikh Mohammed Bin Zayed Road, which provide easy access to other parts of the emirate. The nearest bus stop, Mirabella Villas 6, can be reached within a five-minute walk of the complex.
Residents can take advantage of local schools, such as JSS International School, which can be reached within a five-minute drive of the residences.
For groceries and household goods, residents can shop at All Day Supermarket, which is located within a five-minute walk of the complex.
Joya Verde Residences is situated within a short drive of several popular destinations, including:
Jumeirah Village Circle offers many profitable real estate investment opportunities, and residential units in the area have a return on investment rate of 6.21%. However, Joya Verde Residences offers properties with higher return rates, including:
The most in-demand units are the one-bedroom apartments.
Properties in Jumeirah Village Circle are in high-demand among tenants since the community has a well-developed infrastructure with numerous parks, playgrounds, schools, and stores.
The annual rental rate for a studio starts at AED 30,000 (USD 8,000), and the annual rental rate for a one-bedroom apartment starts at AED 42,000 (USD 11,000). Units can typically be sold for profit, and property prices are expected to increase in the coming years.
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!