Launched in 2005 by Nakheel, Jumeirah Village Circle is an upscale neighborhood constantly evolving for the better. This dense and gated community hosts many international corporations, and a major chunk of its population consists of expats. This increases the demand for residential properties in JVC - a developing community known for its luxury and high-scale living. The real estate in Jumeirah Village Circle has an urban design, as depicted by the whole community, architecture, and road infrastructure. Undoubtedly, JVC is striving to be the best living destination in Dubai. To cope with this standard and an increasing population, the real estate sector is also growing and improving; hence there is a long list of apartments for sale in JVC available on Zoom Property allowing people to have accurate information about the property.
Apartments for sale in JVC are in close proximity to the recreational, entertainment, and shopping facilities. For example, Marina Mall, Dubai Pearl Mall, Mall of Emirates and Ibn Battuta Mall are all close. Moreover, the society is family-friendly, with lush green spaces, picnic spots, and good entertainment spots. The area also has ample education and health facilities.
As Jumeirah Village Circle is still developing with a focus on luxury living, it has become a great attraction for real estate investors. In addition, it is located at the heart of Dubai and easily connects with all the major hubs in the city. As a result, the return on Investment is good here; it ranges from 7% to 9% is a green signal for people planning to purchase a property in JVC.
With over 1000+ listings, Zoom Property has made it very easy for buyers to find apartments selling in Jumeirah Village Circle. From studio to spacious 4-bed units, we have a myriad of options with accurate descriptions so you can choose the best according to your preferences. These apartments are perfect for living because of their luxury and are highly sought after by investors around the globe for their high ROI and handsome steady rental income.
Being a neighborhood that promises upscale living and wonderful family facilities, apartments in Jumeirah Village Circle are very popular among people seeking a residence with a fancy and healthy lifestyle in Dubai. But that comes with a price!
The average price tag of a studio flat selling in JVC is 490,000 AED. Next, a 1-bed apartment in JVC can cost as low as 390,000 AED and go as high as 2,100,000 AED. Finally, moving toward spacious apartments, the average cost of 2-bed, 3-bed, and 4-bed apartments for sale in JVC is 950,000 AED, 2,250,000 AED and 4,110,000 AED, respectively.
Can I buy an apartment in JVC to rent it out?
Yes, you can purchase an apartment and sell it for profit or rent it out for a steady income. The decision relies entirely on your preferences.
Is buying an apartment in JVC a good investment?
JVC has been showing 7% to 9% ROI recently, and the rental income is very good here. Its location captures the interest of people moving to Dubai as it grants easy access to all the major hubs of the city. Overall, it is a good investment.
Can a foreigner purchase an apartment selling in JVC?
Yes! JVC has designated freehold areas where foreigners can buy properties, including residential and commercial units.
Are apartments for sale in Jumeirah Village Circle any good?
JVC is still budding and striving for the top spot for upscale living in Dubai. The architecture design and amenities in the apartments in JVC are on par with that of Downtown Dubai and Palm Jumeirah.
What is the rent-to-own option in Dubai?
This contract is exactly as it sounds. Instead of paying rent monthly, you pay the agreed amount to the developer each month, which leads to eventually owning the property. To avail of this scheme, a down payment is required – not compulsory, but it's there mostly.