Renting a Property in Jumeirah Village Circle

The Benefits of Purchasing or Renting a Property in Jumeirah Village Circle

Jumeirah Village Circle (JVC) is a family-friendly master community built by Nakheel, a leading real estate developer in Dubai.

Jumeirah village circle community is located in the centre of New Dubai. And it provides an ideal place for property investors and renters with a wide range of amenities and beautiful gardens. There are many apartments and villas in Jumeirah Village Circle.

JVC has become one of the most popular areas for renting apartments in Dubai.

In summary, JVC:

  • Has affordable apartments, villas and townhouses
  • Near to Dubai Marina, Internet City, Media City and JLT
  • The home to JSS International School
  • Has over 30 landscaped parks
  • Is a growing investment hub in Dubai
  • Is a Freehold community

Rental Trends in JVC

In Jumeirah circle village, you can get affordable apartments for rent. For example, you can lease a studio apartment in JVC  that can rent for around AED 29K. The rent can even come down in Ghalia Constella, a top-class building where you can rent studio apartments at around AED 24K.

While rents for 1-bedroom apartments are around AED 45K, rents for more spacious 2-bedroom apartments are average AED 73K.

You can also choose a 3-bedroom apartment for renting, which can come between AED 62K and AED 125K.

You will also find luxurious 3-bedroom apartments for rent with more than 2,000 square feet in the Astoria Residence area.

If you want to rent properties in JVC  on top floors, you can choose the 2 to 4-bed penthouses for rent starting from AED 65K.

You can also rent villas and townhouses in JVC if you want more space and privacy. Their rents are affordable and start around AED 71K. Villas come in 2 to 5 bedroom variants.

While rents for a standard 3-bedroom house in JVC are around AED 96K, those for 4-bedroom houses are around AED 124K.

Sales Trends in JVC

You can purchase properties in JVC at affordable prices. And that is also what makes Jumeirah village circle Dubai attractive for investors.

According to the current trends, the sales prices for studios are around AED 418K on average. While 1-bedroom flats come at an average price of AED 658K, 2-bedroom flats come at AED 1M as the starting price. At the same time, 3-bedroom flats in JVC cost around AED 1.3M.

If you can afford to spend more, you can consider buying a townhouse or a villa in JVC, which also has some of the best villa communities in Dubai. According to the prevailing trends, the sales price of a standard 2-bedroom villa is around AED 1.7M, and that for a 3-bedroom villa is around AED 1.9M. While the sales price of a 3-bedroom villa in JVC is AED 1.5M, that for a more spacious 5-bedroom villa is AED 2.19M.

Villas and townhouses in JVC come at affordable prices. There are more property options for you to consider, such as a 1-bedroom townhouse that comes at AED 1M as the starting sales price.

The covered spaces for these luxurious residences range from 4,000 square feet to 6,000 square feet.

Moreover, many off-plan projects are attractive to property investors. For example, there are stunning off-plan projects in O2 Tower by Tiger Properties and Rigel Apartments. And these projects also render JVC a good investment destination.

After the ongoing projects attain completion, the number of apartments, villas and townhouses in JVC will increase further.

If you buy a property in JVC for renting out, ensure you acquaint yourself with Dubai Tenancy Law.

Hotels in JVC

There are good hotels in JVC with best-in-class facilities. Some of them are:

  • FIVE Jumeirah Village Hotel
  • Milano by Giovanni Boutique Suites

FIVE Jumeirah Village is a 5-star hotel with 60-stories and fine dining options. In addition, the hotel also has a spa, a fully-equipped gym, an outdoor pool area and ample parking space.

Milano by Giovanni Boutique Suites is a 4-star category hotel that is budget-friendly. It has 19-stories and is with fully furnished studios, 1 and 2-bedroom units.

Parking Places

Parking is not an issue in JVC as there are parking places in most residential buildings. In addition, you will see public parking places in most residential areas and community centres.

Public Transportation

In JVC, there is good public transportation with buses and taxis being available. Al Furjan Metro Station and The Gardens Metro Station on Route 2020 are the nearest metro stations for residents of JVC.

Healthcare Facilities

In JVC, the Karama Medical Centre can address most ailments. Larger multi-speciality hospitals are 15-minutes away from JVC. And they are the Emirates Hospital Day Surgery in Motor City and the Mediclinic Park View Hospital on Umm Suqeim Road.

Restaurants

There is no shortage of restaurants in JVC. Wide Range JVC is a famous restaurant serving Indian food. Moreover, the plush nightclubs of Dubai Marina, the artsy cafes of JBR and the trendy eateries in JLT are all just a short drive away from JVC Jumeirah village circle. Socialicious is another popular restaurant in JVC. Other popular restaurants in JVC include Pinza, Abu Al Homus and Bawarchi.

Beaches Nearby

The nearby beaches are JBR, Kite Beach and the open beach in Jumeirah. They are within half an hour drive from JVC.

Leisure Activities

There can be ample leisure activities in JVC. While the Dubai Miracle Garden is a popular tourist attraction with 50 million flowers, the Dubai Butterfly Garden is another popular recreation facility in the community. Other popular leisure spots include Wild Wadi Waterpark and Skydive Dubai.

Fitness Facilities

The striking aspect of JVC is the abundance of greenery. There are 33 landscaped parks connecting the villages. They are perfect for those who want to enjoy strolling and jogging along the tracks under trees. There are also linked bicycle paths near the parks in JVC to help those who wish to cycle and stay fit.

Things to Consider Before Moving to JVC

It will help if you consider a few factors before moving to JVC, which will help you proceed with the proper steps. First, as many real estate properties are under construction, the community can be a bit noisy. But, the community will be more advantageous once the projects attain completion. Moreover, there is also a plan for constructing a metro station.

Conclusion

You can give your family an enjoyable lifestyle if you stay in JVC. So, it can be a great idea to either buy or rent a property in the community. And with the affordable property prices, you can own a home in JVC easily.