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Is JVC a Good Investment?
Is JVC a good investment? Without beating around the bush, the answer is yes! Dubai is a thriving city with opportunities for everyone. The city is home to the famous skyline and immaculate beaches. With multiple options available to reside, Jumeirah Village Circle has grown to become a major property epicentre.
Why Invest in Jumeirah Village Circle?
In recent years, there have been over 300 apartment transfers at Jumeirah Village Circle. Jumeirah Village Circle is conveniently located on the Sheikh Mohammed Bin Zayed Road between Al Khail Road and Hessa Street. Investors can find affordable price points in the neighbourhood. Additionally, other factors that make JVC a good investment are as follows: –
1. Prime Neighbourhood
Jumeirah Village Circle is conveniently situated near many popular destinations in Dubai, including Downtown, the Marina, Internet City, and more. With an easy commute to and from the community, Jumeirah Village Circle is the perfect location for those who work around the emirate.
2. Picturesque Surroundings
There are a lot of gardens and large green spaces at Jumeirah Village Circle. It also has around 30 parks, giving kids a place to play and adults a place to stroll and take in the scenery.
3. Freehold Community
Since Jumeirah Village Circle is a freehold neighbourhood, anyone—including foreigners—can invest in a property there.
4. Family Centric
Jumeirah Village Circle is a gorgeously planned residential neighbourhood that offers a lively living environment for families of all ages, especially those with school going children. Jumeirah Village Circle offers a wide range of different apartments in addition to offering spacious outdoor spaces, gardens, and other amenities the whole family may use. The neighbourhood is also home to a large number of recognized schools, nurseries, and day-care centres.
5. Flexible and easy transportation
The roads in Jumeirah Village Circle, particularly Al Khail Street and Sheikh Mohammed bin Zayed Road, are immediately connected to the city’s major network. Jumeirah Village Circle is located to the north of the intersection of these two highways, giving residents quick and easy access to Dubai’s most popular attractions.
6. Variety of Property Options
Jumeirah Village Circle offers a wide range of residences, including townhouses, villas, and apartments of different sizes.
7. Multiplicity of Amenities
The Circle mall is JVC’s newest addition to its list of amenities. The mall’s rooftop features a number of eateries and cafes, a community club, an outdoor pool, two tennis courts, and a spot where locals can simply take care of their shopping needs. Within walking distance are supermarkets, parks, restaurants, fitness centres, and swimming pools. These might be in your own building for the fortunate few, and groceries are only a phone call away.
8. A wise choice for fans of sports and fitness
Due to JVC’s proximity to Address Montgomerie, golfers in particular will be thrilled when they move to Jumeirah Village Circle. For individuals looking to maintain their fitness indoors, JVC has a branch of the New Life Fitness Gym.
For cyclists, connected bike routes are also being constructed. Another alternative for morning workouts is the community’s beautifully designed parks and jogging paths. Never forget that living in Jumeirah Village Circle will make it easy for you to keep in shape!
History of JVC
Jumeirah Village Circle (JVC) was first mentioned in 2008 when Nakheel Properties revealed its intentions to develop this master community. JVC’s building process began in early 2009 and was finished in late 2013. JVC has now grown to be one of Dubai’s most well-liked neighbourhoods.
Jumeirah Village Circle Now
Over 2,000 villas and townhouses make up the thriving community of Jumeirah Village Circle (JVC). There are people from all over the world living in the town, which has a diversified population. Many foreigners who work in the adjacent business zones like Business Bay and Downtown Dubai also call JVC home.
The neighbourhood continues to be the top choice for purchasing inexpensive apartments in Dubai. But as the construction is still in its early stages, Jumeirah Village Circle is currently home to a number of off-plan projects (JVC). Investors have a fantastic potential with these initiatives to obtain significant returns on their capital.
As more people settle in the area, the retail industry is anticipated to expand rapidly over the coming years. Jumeirah Village Circle (JVC) is in high demand for office space due to its convenient location and excellent transportation options to the rest of Dubai.
Jumeirah Village Circle (JVC) is the go-to location for mid-income employees looking for a place to call home in Dubai, offering a variety of affordable studios, 1-bed, and 2-bed units.
Jumeirah Village Circle – Life During the Day
On a typical day at JVC, you may witness children rushing to school, professionals heading to work, and others playing it by the ear. JVC has a gentler ambience because it primarily consists of residential properties. People can be seen coming in and out, going about their daily business.
Jumeirah Village Circle – Life During the Night
The neighbourhood’s nightlife is peaceful and quiet because families make up the majority of the community’s residents. Kids playing in the parks, folks walking their dogs, runners, and cyclists all enjoy the space that Jumeirah Village Circle has to offer. There are restaurants that frequently lighten up with families.
FAQs
In Jumeirah Village Circle (JVC), the average rent for a studio apartment is AED 55k, while the average cost for a one-bedroom apartment is AED 75k.
One of the most sought-after residential neighbourhoods in Dubai, JVC has more than 2,000 villas and townhouses.
There are proposals to build a new shopping centre, hotels, and additional residences in Jumeirah Village Circle (JVC). The neighbourhood will also gain from the Dubai Metro extension, which will improve connectivity to other areas of the city.
Yes, Jumeirah Village Circle (JVC) is home to a number of high-caliber schools that serve the needs of families. These consist of:
- GEMS Wellington International School
- Nord Anglia International School Dubai
- English College Dubai
- Jumeirah English Speaking School
Yes, there are several hospitals in Jumeirah Village Circle (JVC) that provide for residents’ medical requirements. These consist of:
- Al Zahra Hospital
- American Hospital Dubai
- Med care Hospital
You can view the property in JVC by getting in touch with trusted real estate company in Dubai. Due to their expertise, professional agents, and experience, they can find the most ideal property for you in the Jumeirah Village Circle.
IFRE is one of the most trusted and experienced real estate agencies, operating in various Emirates of the UAE. We have a wide clientele, a diverse team of professionals and an extensive R&D department. In order to inquire about, view or buy a property in Jumeirah Village Circle, get in touch with IFRE.
Conclusion
JVC is indeed a good investment. A fantastic neighbourhood for families looking for reputable hospitals and schools is Jumeirah Village Circle. It will also gain from the Dubai Metro extension, which will improve connectivity to other areas of the city. Numerous studios, one-bedroom, and two-bedroom apartments are for sale, with beginning bids of AED 400k. Townhouses are also for sale in JVC.
The neighbourhood also boasts a lot of attractions including parks, shops, eateries, and cafés, which make it a terrific area to live. Jumeirah Village Circle is a fantastic choice for investors looking to purchase real estate in Dubai since it is expected to profit from the extension of the Dubai Metro. The Real Estate Industry’s future at JVC seems quite bright.