Jumeirah Village Circle (JVC) is a master-planned community by Nakheel, located in the heart of New Dubai. With a family-friendly atmosphere and landscaped gardens, JVC offers a variety of properties for both renters and buyers, making it one of the most sought-after residential areas in Dubai. The community is equipped with modern amenities such as schools, parks, shopping malls, and more, attracting a diverse range of residents, from families to young professionals.
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Key
Highlights:
- Circle Mall:
A prime shopping and leisure destination.
- Hive JVC:
A co-living space offering flexible rental options.
- Renting and Buying:
Affordable options for both renters and buyers.
- Proximity to Major Hubs: JVC is well-connected to Dubai Marina, Internet City,
and Media City.
- Hotels:
Several accommodation options, including the luxurious FIVE Jumeirah
Village Hotel.
Jumeirah Village Circle Community
Overview
JVC offers a unique blend of urban
living within a serene village-like environment. The community’s calm ambiance,
lush green spaces, and canals provide residents with a peaceful retreat from
the city’s hustle and bustle. Families, young couples, and singles alike are
drawn to JVC for its family-oriented lifestyle, abundance of schools, fitness
centers, parks, and healthcare facilities.
JVC’s central location makes
commuting to other parts of Dubai relatively easy, and its proximity to Dubai
Marina and JLT ensures that residents have access to popular business and
entertainment hubs.
Properties
in JVC
JVC offers a wide range of
residential units, including apartments, villas, and townhouses. The area has
over 2,000 residential units, and most apartments come with shared amenities
such as gyms, swimming pools, and laundry facilities. New developments are
continuously being added, offering even more options for prospective renters
and buyers.
Popular
Communities in JVC:
- District 13
and District 14: These sub-communities offer popular rental options
with reasonable prices.
Rental Trends in JVC
JVC is known for offering affordable
rental options, making it a top choice for budget-conscious residents. The
area’s convenient location near major highways and local amenities adds to its
appeal. Below are the average rental prices in JVC, based on data from Bayut.com:
Apartments:
- Studio:
AED 50,000
- 1-Bedroom:
AED 81,000
- 2-Bedroom:
AED 109,000
- 3-Bedroom:
AED 148,000
Villas:
- Studio:
AED 45,000
- 1-Bedroom:
AED 112,000
- 2-Bedroom:
AED 191,000
- 3-Bedroom:
AED 178,000
- 4-Bedroom:
AED 217,000
- 5-Bedroom:
AED 200,000
Sales Trends in JVC
JVC has also become a prime location
for real estate investors due to its competitive prices and potential for high
rental yields. Several off-plan projects, such as Catch Residences and
Binghatti Crest, have garnered significant attention from investors.
Apartments:
- Studio:
AED 712,000
- 1-Bedroom:
AED 1,173,000
- 2-Bedroom:
AED 1,529,000
- 3-Bedroom:
AED 1,808,000
- 4-Bedroom:
AED 3,721,000
Villas:
- Studio:
AED 620,000
- 1-Bedroom:
AED 1,292,000
- 2-Bedroom:
AED 3,708,000
- 3-Bedroom:
AED 2,563,000
- 4-Bedroom:
AED 3,226,000
Return on Investment (ROI) in JVC
JVC offers impressive returns on
investment (ROI), particularly for studio and 1-bedroom apartments. Here’s a
breakdown of the ROI in JVC:
Apartments:
- Studio:
13.85%
- 1-Bedroom:
16.35%
- 2-Bedroom:
7.40%
- 3-Bedroom:
7.66%
- 4-Bedroom:
5.78%
Villas:
- Studio:
7.85%
- 1-Bedroom:
5.35%
- 2-Bedroom:
3.15%
- 3-Bedroom:
7.64%
- 4-Bedroom:
7.51%
Popular Sub-Communities in JVC
The most popular areas to rent or
buy in JVC include:
- District 10:
Offers affordable 1 and 2-bedroom apartments for rent and sale.
- District 15:
Known for budget-friendly 1 and 2-bedroom apartments.
- District 12, 13, and 11: These areas are popular among both renters and buyers
due to their reasonable prices and central locations.
Upcoming Projects in JVC
JVC continues to grow, with several
upcoming projects set to add even more residential options to the community.
Notable off-plan projects include:
- Binghatti Corner and Binghatti Crest: Both expected to be completed by Q4 2023.
- Hamilton House:
A project by Ellington Properties, offering studios, 1 and 2-bedroom
units, set to be completed in 2024.
- Samana Miami:
Set for completion in Q4 2024, offering 1 and 2-bedroom apartments.
Hotels in JVC
JVC is home to several hotels that
cater to both long-term residents and short-term visitors. Notable hotels in
the area include:
- FIVE Jumeirah Village Hotel: A 5-star hotel with luxury amenities such as fine
dining, a spa, and a gym.
- Milano by Giovanni Boutique Suites: A more budget-friendly 4-star hotel offering fully
furnished studio, 1 and 2-bedroom units.
Transportation and Parking in JVC
JVC residents enjoy ample parking
facilities, with most buildings providing designated parking spaces. Public
parking is also available but may fill up quickly in busy areas. Public
transportation in JVC relies on the J01 bus route, which connects JVC to
the Mall of the Emirates. The nearest metro stations are Al Furjan Metro
Station and The Gardens Metro Station.
Amenities, Schools, and Healthcare
in JVC
JVC is a well-equipped community
with a variety of amenities, including supermarkets, mosques, schools, and
healthcare facilities.
Supermarkets:
- Holiday Minimart
- Bluemart Supermarket
- Choithrams, Manhattan Tower
Schools:
- JSS International School: A popular choice offering the ICSE curriculum.
- Kids World Nursery
and Ladybird Early Learning Centre: Two of the top nurseries in
JVC.
Healthcare:
- Karama Medical Centre:
A primary healthcare provider for JVC residents.
- Emirates Hospital Day Surgery and Mediclinic Park View Hospital: Larger
multi-speciality hospitals nearby.
Nearby Areas
JVC is centrally located and
well-connected to other parts of Dubai. Nearby communities include:
- Jumeirah Village Triangle (JVT)
- Dubai Sports City
- Dubai Marina
(20 minutes away)
- JBR Beach
(30 minutes away)
Lifestyle in JVC
JVC offers a balanced lifestyle,
combining convenience with leisure. The Circle Mall is a key attraction,
offering shopping, dining, and entertainment options. For dining, JVC has
several popular restaurants, including Wide Range JVC for Indian food,
and Socialicious, a pet-friendly Asian eatery.
For beach lovers, JBR Beach
and Kite Beach are less than 30 minutes away, making a beach trip easily
accessible.
JVC is also close to notable
landmarks like Dubai Miracle Garden and Dubai Butterfly Garden,
providing plenty of options for recreation.
Things to Consider
While JVC offers many benefits, it’s
important to note that some areas are still under construction, which may
result in noise and traffic. Additionally, the lack of a dedicated metro
station makes public transportation slightly challenging, although the J01
bus route helps connect residents to the Mall of the Emirates Metro
Station.
FAQs about JVC
- Is Circle Mall open?
- Yes, Circle Mall opened in April 2021.
- Is JVC a good place to live?
- Yes, JVC offers a family-friendly environment with
plenty of amenities.
- Can I invest in off-plan projects in JVC?
- Yes, JVC offers a variety of off-plan investment
opportunities, such as Catch Residences and Maimoon Gardens.
- Is there a metro station in JVC?
- No, but the J01 bus route connects JVC to the Mall of
the Emirates Metro Station.
Conclusion
Jumeirah Village Circle (JVC)
continues to be a popular choice for families, young professionals, and
investors. Its central location, affordable property prices, and wide range