Property investment in JVC - Area Development & Future Projects
Jumeirah Village Circle (JVC), one of Dubai's most popular residential districts, has quickly grown into a family-friendly neighborhood. The region offers a variety of accommodation types, including apartments and villas to suit all tastes and budgets.
Infrastructure in Jumeirah Village Circle
The good infrastructure in the area makes buying property in JVC a popular decision among residents, expats and investors.The area is thoughtfully designed with a focus on creating a family-friendly environment while catering to modern urban needs. Key features of Jumeirah Village Circle's infrastructure include:
- JVC has a mix of high-rise apartments, townhouses, and villas. Due to their eccentricity, they are more affordable than other prime sites within Dubai, making them ideal for middle-income buyers and tenants.
- With more than 30 landscaped parks (including the renowned Triangle Park, and Hessa Park), the community promotes outdoor living and wellness. There are many walking and cycling paths throughout the area,
- Families benefit from proximity to several schools, including JSS International School, which follows the CBSE curriculum. Nurseries like Ladybird Early Learning Centre cater to younger children.
- Circle Mall is a central hub within the community, offering a variety of retail outlets, cafes, and restaurants. All are close to local grocery stores and convenience shops.
- Medical centers nearby.
- While JVC itself is not a key tourist hotspot, residents are just a 20-minute drive away from landmarks such as Burj Khalifa, Dubai Marina and Palm Jumeirah.
JVC is more of a residential "bedroom community" than a bustling tourist destination. However, its strategic location close to Dubai Marina, Downtown Dubai, and Mall of the Emirates allows residents easy access to major tourist attractions and entertainment venues.
Current Market Trends and Future Projections
As of December 2024, Dubai's real estate market continues to exhibit strong growth. In October 2024, property transactions reached AED 61.2 billion, with off-plan properties accounting for 70% of total sales. Transactions in the JVC area recorded 1,487 transactions worth AED 1.5 billion.
Looking ahead, developers are actively addressing the increasing demand for upscale properties. Dubai plans to complete nearly 9,000 villas by the end of 2024 and an additional 19,700 by 2025, with a substantial number located in Jumeirah Village Circle. This expansion aligns with Dubai's vision to accommodate a projected population of 5.8 million by 2040, ensuring sustained demand for residential properties. Recent developments have enhanced its appeal, with the completion of several landmark projects by Binghatti Developers, adding over 2,000 luxury residential units to the community.
Interesting projects at JVC
Binghatti Ruby
Situated on Jumeirah Village Circle, the Binghatti Ruby is an exclusive residential development. This property is an innovative yet modern offering from Binghatti Developers. Inspired by the beauty of a ruby stone, its breathtaking exterior and quality interiors are sure to make it a popular choice for homebuyers and investors alike. The property offers studio, one-, two- and three-bedroom apartments to suit various lifestyle needs.
Key highlights of Binghatti Ruby:
- Located in JVC District 16.
- Proximity to Sheikh Mohammed Bin Zayed Road and Al Khail Road.
- Near places of interest such as Dubai Mall, Mall of the Emirates, and Dubai International Airport.
- World-class amenities like a fitness centre, swimming pool, landscaped gardens, and children’s play areas.
- Close to Circle Mall, parks, supermarkets, and restaurants.
Starting prices from AED 868,749, excellent investment opportunity as it has competitive rental yields and forecasted price growth annually. This project combines all elements of premium, comfort and price.
Samana Waves 2
This complex, which was developed by Samana Developers, has 26 stories with 213 units, including one- and two-bedroom apartments and luxury duplexes.
Key highlights of Samana Waves 2:
- Transportation accessibility.
- Includes a big swimming pool with original water attractions, lush gardens, gyms, sauna and steam rooms, children’s playgrounds and relaxation terraces with barbecue areas.
- Haven offers convenience and balance as it is surrounded by schools, medical facilities, shopping centres & dining venues.
- With prices starting from AED 675,000.
Oxford Residence
Oxford Residence is a ready-to-move-in residential project by Iman Developers. Functional and modern, it includes studio and one-bedroom apartments with practical living and investment options.
Key features:
- Provides a quiet atmosphere with good access to schools, medical services, shopping centres, and restaurants.
- Features a rooftop infinity pool, gym, children’s play area, cinema, jogging track, BBQ areas, and concierge.
- Studio units start at 388 sqft, priced from AED 620,000. One-bedroom apartments offer up to 893 sqft, starting from AED 970,000.
- Payment Plan: 50/50.
One Sky Park
One Sky Park is a 42-story residential project in Dubai. The project is made up of a selection of apartments and penthouses focused on functionality.
Key features:
- Near to Dubai Marina & Downtown Dubai,21 minutes away from Al Maktoum International Airport.
- Dwelling units on offer include studio, 1 to 4-bed apartments, and penthouse units, available from 409 to 2895 sqft. Prices start at AED 750,000.
- Have a swimming pool, children’s area, gym, chill-out zones, social spaces and 24/7 security
- Payment Plan: 20/80.
Empire Suites
Empire Suites is a residential new buildings by Peace Homes Development. This project comprises highly pragmatic and livable apartments, duplexes, and penthouses.
Key features:
- Studios (from 474 sqft), 1-bedrooms (818 sqft), duplexes (3165 sqft), penthouses (3154 sqft). AED 925,000 onwards
- Also has an Olympic-sized swimming pool, gym, children’s play area, outdoor cinema, social areas and valet parking.
- The high-end interiors include Italian Versace ceramics, marble fittings and German kitchen appliances.
- Payment Plan: 20/80.
More houses in the area can be found in our catalog. All new ready to move in and off-plan projects in one place, with easy search by residential complexes without wading through thousands of similar apartments. Follow the link and choose your new home in Dubai: Apartments, Penthouses, Villas.