Top Reasons to Invest in Jumeirah Village Circle
Why should you invest in Jumeirah Village Circle?
More commonly referred to as JVC, Jumeirah Village Circle is a freehold master community located alongside Al Khail Road. This community has emerged to become one of the top investment hotspots in Dubai since its launch in 2005.
Family-friendly Community
There has been a large influx of people living in Jumeirah Village Circle from the past few years. An estimated 25,000 people were living in the community in 2016 and it is predicted to rise to 300,000 upon completion of the remaining buildings. Jumeirah Village Circle provides a beautiful community for the whole family due to its distinctive architecture and host of facilities set in an abundant green expanse. It is an active community with excellent amenities including 33 landscape parks, play-areas, recreational centers, fitness centers, playing fields, and cycling fields. Residents will also benefit from living close to schools, kindergartens, and medical clinics.
Accessible Location
Jumeirah Village Circle is perfectly situated for easy access to Dubai’s major transportation hubs and top attractions making it one of the best-located areas in the city. It can be quickly accessed through major artillery roads via Al Khail Road or Sheikh Zayed Road through Hessa Street. You will enjoy the short drive to major destinations like the famous man-made communities, Dubai Marina and Palm Jumeirah. Business districts namely Business Bay or Downtown, and Dubai airports as well as the upcoming Expo 2020 hub are only 20 minutes away.
World-class Retail & Shopping Destinations
The Circle Mall is set to become the first shopping landmark in Jumeirah Village Circle. A one-stop-shop retail destination with over 1 million square feet comprising 400,000 sq. ft. of shopping and entertainment. The mall will feature more than 200 shops, two department stores, supermarkets, and a multi-screen cinema. Stepping out of the mall, the community itself also features a wide array of entertainment and shopping destinations including community retails shops, restaurants, and cafés available for different walks of life.
The Circle Mall, located at the heart of Jumeirah Village Circle, will be the first shopping and leisure destination in the rapidly-growing community.
Source: www.dragonmart.ae
Popular Investment Hotspot
Jumeirah Village Circle is ranked third among the most popular communities in Dubai according to search traffic in one of Dubai’s top portals, Bayut.com. The community has recorded the third-highest residential sales for off-plan and ready apartments in 2020, according to the UAE property market report published by Cavendish Maxwell.
Top 5 locations for Apartments Transfer in Q1 2020 (Dubai)
Source: cavendishmaxwell.com
REAL ESTATE DEVELOPMENTS IN JVC
The major property developments in Jumeirah Village Circle consist of apartments, townhouses, villas, office space, and residential & commercial plots, all available in different sizes, layouts, and price ranges. It is built on an area of over 870 hectares and divided into six districts, dotted with a fantastic mix of prime residences, apartments, hotels, and retail facilities, plus numerous properties under construction.
INVESTOR-FRIENDLY
The rental yield for properties in Jumeirah Village Circle is stable and expected to rise as Dubai has opened its borders to the World in the midst of the corona pandemic. Key aspects in the community namely the shopping mall, retail outlets, cinemas plus many leisure destinations within the vicinity will also have a positive impact on the returns once they are completed and delivered. It is also attributed to the high occupancy rate, plus a host of end-users looking for affordable properties in this central location.
Luxury Apartment in Jumeirah Village Circle – Artistic Heights
Invest in Jumeirah Village Circle – Register to learn more
Are you looking for an apartment for sale in Dubai with an excellent payment plan? Artistic Heights is a premium residential development located in Jumeirah Village Circle offering studio, 1 and 2 bedroom luxury apartments. Invest in Jumeirah Village Circle today, register to learn more.