Jumeirah Village Circle (JVC)
Jumeirah Village Circle, also known as JVC, is an 860-hectare circle shaped community located in Dubai south. Surrounded by main arteries such as Sheikh Mohammad bin Zayed Road, Al Khail Road and Hessa Street JVC is just 20 minutes away from Dubai Marina and Palm Jumeirah.
Currently one of Dubai’s fastest emerging freehold community areas JVC offers residents a varied range of housing options including apartments, townhouses and large villas. The master developer behind JVC is Nakheel who have themselves developed and continue to develop numerous projects in the area. The remainder of the community however consists of projects by private developers as well as large-scale, high-end developers such as Ellington.
As of today, Jumeirah Village Circle is somewhat 65% complete with full completion not expected until 2020. This offers potential buyers with ample buying options from the numerous off plan projects currently underway. Outside of the further residential development also in store for JVC is new 1 million sq ft mall called “the circle mall’, numerous hotels and office buildings as well as a total of 28 community parks.
With popularity and population continuing to increase once completed this fully integrated, family friendly area will be home to over 300,000 residents. Adding to the demand of JVC is the wide choice of available property types as well as relative affordability.
JVC Project Highlights:
- Affordability. With prices under AED 1000 per sq ft for most off-plan projects buying offers great buying opportunities
- Rental return. Strong rental demand and low purchase prices mean investors enjoy average rental returns of over 8%
- Choice of Property Types. JVC offers buyers a range of properties ranging from studio apartments to 4- 5 bedroom villas from a wide range of developers.
- Improved Access. Access to JVC is set to improve drastically with at least 3 new access points added in the next coming year.
SEE BELOW THE FULL RANGE NEW OFF PLAN PROJECTS IN JUMEIRAH VILLAGE CIRCLE