One of the booming communities in new Dubai, Jumeirah village circle offers residents a family-friendly development with spacious villas, apartments and townhouses. The community has recently seen an increasing number of newcomers who are choosing to shift to more affordable areas, especially after the recent spike in rent. So what makes this development worth considering for your next move?
According to data collected from propertyfinder.ae’s Q3 report, rent in JVC has dropped by 3% in the third quarter of 2015, making it a top contender for the most affordable areas in Dubai.
But JVC doesn’t only offer relatively low prices, it also prides itself with more spacious units and more unit types to choose from, making it an ideal choice for singletons and families alike.
Surrounded by Sheikh Mohammad bin Zayed Road, Al Khail Road and Hessa Street, JVC is a circular 860 hectare community. For families with children, it is a remarkably practical location thanks to its proximity to a number of high-rating schools. Bradenton Academy Dubai, Nord Anglia, GEMS World Academy, and JSS International School just to name a few educational facilities within a short driving distance from the area.
Its strategic location in new Dubai makes it a considerable choice for residents who want to live close to Expo 2020. While not next door, JVC is close enough to the new Al Maktoum International, and Expo 2020 site to make it more than a viable commute.
The opening of City Centre Me’aisem in neighboring IMPZ has made residents’ lives easier, and a number of new supermarkets are under development in the master community that is already a home to a number of dining outlets, convenience stores and pharmacies.
Even though JVC has a large number of completed villas, townhouses and apartments, and the number of residences is increasing, it is still under development and is expected to gain momentum fairly quickly in preparation for Expo 2020. This not only makes the area a sought-after housing location for young professionals and families, but a desirable investment opportunity for those looking to tap into Dubai’s real estate. Experts advise investors to consider JVC for its low price per sq ft and its high rental yields and demand.