जुमेराह विलेज सर्कल (JVC)

About Jumeirah Village Circle

Jumeirah Village Circle (JVC) is a freehold area in Dubai that is developing at a fast pace. This area is located in the central part of New Dubai. Its construction began in 2005 and now has a well-developed infrastructure. This is an attractive place to live for all types of citizens, including employed persons, investors, businesspersons, and families with kids. The area has an active traffic flow, so traveling from JVC to any other residential or business district in the emirate will not be difficult.

Changes in the Real Estate Market: Jumeirah Village Circle

The residential area is a circle (as you can guess from its name). This becomes more obvious when you look at the map. In reality, you will immediately notice it, since the area was built according to a classical arrangement scheme with a round space in the center and radial streets going out from the center in the form of rays. Radial development is convenient because it makes it much easier to navigate the area, and there is always a central point where important infrastructure elements are concentrated and where life is in full swing. Therefore, the further a house is from the center, the quieter the environment will be.

There are quarters with villas and townhouses (houses for several families) built along the streets. The atmosphere of inviolability of private property reigns throughout the area. There are no prying eyes, tourists, or noisy promenades.

However, the area has its own recreation and entertainment infrastructure. JVC is an oasis of silence within a large metropolis, where more than 30 landscaped parks are provided for residents. There are educational institutions, marketplaces and grocery stores, catering establishments, and high-class hotels. The total area of the entire Jumeirah Village Circle community is more than 800 hectares.

Trends for Real Estate Sales in Jumeirah Village Circle

JVC has about 1,000 residential properties, including multi-family and private houses, which are either already commissioned or at different construction stages.

There is also information about planned properties, with more than 180 residential and commercial complexes and hotels currently under development.

According to Lookup, the analytical portal, right now about a quarter of the territory is yet to be built up in Jumeirah Village. This means that new projects may be announced here soon.

Trends for Real Estate Rental n Jumeirah Village Circle

Another well-established developer, The First Group, is building iconic apartment buildings in the area. These are three of the luxury apartment hotels presented by this developer:

Avalon Tower is a premium-class hotel, still under construction. The hotel is located in the heart of the area and offers more than 350 rooms. In total, the hotel has 17 floors. There are numerous amenities for a comfortable stay. It will have its own gym, fitness equipment, and an outdoor rooftop swimming pool.
The One is an award-winning ultra-trendy hotel under the tutelage of the international hotel operator Ramada. The name of this hotel chain is well-known among travelers, as it has established itself as a standard of high-level services. Guests of this luxurious hotel will have access to a swimming pool on the top level of a high-rise building, a sports club, spa treatments, and a sauna. All business needs are also catered for, with a business center, and a conference room available. There is also a security system and a parking lot created for the guests’ safety.
The One Jumeirah Village Triangle is a hotel complex under the care of the Millennium Place brand. The prices here will be above average and the quality of services is expected to be equally high. The total number of rooms exceeds 550 units. The hotel will certainly be used both during the Dubai World Expo and beyond, as it has an excellent location and is ready to receive large official groups visiting the Emirates for business purposes.

Very soon these hotels will begin to function, and then the value of the quarter will increase, causing the prices of residential and rental properties to go up.

Valuable Insights for Real Estate Investors in Jumeirah Village Circle

JVC is distinguished by its advantageous location since popular highways pass close to it. You can use these highways to access any emirate area. These are the Mohammed Bin Zayed, Barsha, and Al Khali highways. This is an advantageous location, equally remote from many of the emirate's iconic sites, and it takes just 20 minutes to drive from the residential community to the Dubai Expo 2020 or the iconic locations of Palm Jumeirah and the Dubai Marina.

Return on Investment in Jumeirah Village Circle

The general developer of the residential community is the famous Arab company Nakheel. This developer has constructed a large number of properties from scratch, performing the territory and complex development. The JVC area is marked by a high level of comfort and belongs to the luxury real estate market, but the prices here are much lower than in Dubai Marina, for example. Thanks to this, Jumeirah Village is increasingly attracting those who are interested in investment property in Dubai.

According to the statistical data provided by the information portal Bayut, Jumeirah Village Circle is the 3^rd highest bestselling residential area in the emirate. Of all areas, JVC lost only to the Dubai Marina and Downtown areas. Also, according to the "Report on the housing market" published on the same portal, Jumeirah Village is ranked 3^rd in investment popularity. The top 2 leaders are once again the Dubai Marina and Downtown areas.

Amenities in Jumeirah Village Circle

The infrastructure of this large area is a seamless combination of all the necessary amenities for comfortable living and an abundance of green park areas. In total, more than 30 large parks are planned to be developed here. Each park will have walking areas, children's playgrounds, jogging tracks, and bike paths. There is already everything needed for a quiet life here, such as grocery supermarkets, pharmacies, and catering establishments.

Nurseries

Within the JVC borders, there are currently at least two kindergartens for preschool children, Kids World and Stepping Stones, where children study in small groups, and teachers teach classes tailored to the individual needs of each child. Another nursery is located in the JSS international school.

Schools

There is a JSS international school, which has its own football field within the area’s territory (where not only football matches are played, but also other games, such as cricket). The school has several educational levels, of primary, secondary, and higher. This educational institution teaches in English. There are dedicated programs for studying the exact sciences or arts, and there is a program for business classes.

Healthcare Facilities

JVC residents do not need to travel outside the area to visit a doctor or see a dentist, as there are several healthcare facilities within its territory. Right Health Medical Center is a multi-faceted medical facility with an emergency room and a laboratory. Apex Dental is dentistry with an orthodontic department that is also located within the JVC boundaries.

Malls in Jumeirah Village Circle

Residents of JVC have easy access to the surrounding areas, where you can buy everything needed in the long-established shopping centers that Dubai is famous for. It takes only 10 minutes by car to reach the nearest Springs Souk shopping center. A 15-minute drive will take you to the famous Dubai Marina Mall, where you will find shops and various options for entertainment, including a cinema.

However, recently it has become unnecessary for JVC residents to make such trips, as a giant shopping center located in this residential area has opened its doors to visitors. Circle Mall is a massive shopping center in Jumeirah Village Circle, with a territory of more than 100,000 square meters. This immense area houses more than 230 stores of clothing and household goods, hypermarkets, sporting goods departments, and grocery stores. Here, you can find numerous entertainment facilities, including a cinema and many open-air restaurants and cafes. Parking is also provided.

There is also the Al Khail Avenue mega-mall with an area of more than 185,000 square meters. It accommodates 350 different shops and cafes, a cinema with several halls, and other entertainment options for adults and children.

Beaches near Jumeirah Village Circle

The location of the JVC area is convenient in that you can quickly access beach recreation areas, for example, the Dubai Marina or Jumeirah Beach Residence, where the famous promenade is located with an abundance of restaurants and cafes for every taste.

The Most Popular Buildings near Jumeirah Village Circle

Just a short drive from Jumeirah Village there is a one-of-a-kind place, the Dubai Miracle Garden, combined with a Butterfly Garden. This place is a huge greenhouse with the most outlandish flowers and plants from different parts of the world, where tropical butterflies are kept.

Sports Venues near Jumeirah Village Circle

For those who cannot imagine their life without sports activities, there are two sports facilities in the immediate area, Dubai Sports City and Jumeirah Golf Estates.

Sports City offers a new look at traditional sports for all lovers of ball activities. Designed by Ernie Els, the golf course combines a desert course and various links. Within this sports town, there is also a cricket stadium and areas for other types of team ball games.

Jumeirah Golf Estates is a neighboring residential community with its own world-class golf course, where championships are held and people come not just to play golf, but also to enjoy life. It has a variety of entertainments, from sunbathing to restaurants and boutiques.