Within JVC, there are already over 180 residential complexes, offering more than two thousand residential properties in total. Many of them have already been completed, while others are still under construction.
Property in Jumeirah Village Circle Dubai is designed to meet the needs of all categories of residents, especially families. The area offers luxury villas and apartment buildings with luxurious studios, apartments, and townhouses ranging from 1 to 5 bedrooms, many with balconies. Each property offers a well-thought-out layout, spacious rooms, designer decor, and high-quality finishes.
Most residential complexes in JVC feature fitness centers, swimming pools, billiard rooms, and other modern amenities. Many rooftops are designed as leisure areas with barbecue spots and pools, where you can relax after a busy day.
Jumeirah Village Circle is well connected to the city's major highways–Al Khail Road and Sheikh Mohammed Bin Zayed Road. These roads provide easy access to other areas of the city.
The primary means of transportation within the complex are private cars or taxis. If you use public transport, the area and its surroundings are conveniently accessible by bus. The bus runs through Jumeirah Village Circle every 25 minutes and reaches the Mall of the Emirates in the Al Barsha area.
The nearest metro stations to JVC are Al Furjan (19 minutes away) and The Gardens (21 minutes away).
A key feature of JVC is its central location in Dubai and affordable property prices, which are significantly lower than those in other popular areas of Dubai, such as Dubai Marina and Downtown Dubai.
Renting. Renting residential or commercial space here is 1.5 to 2 times cheaper compared to Dubai’s business districts. Renters have various property options available in both new and older complexes. Depending on the size of the property, rent on average costs:
- Studio – $10,000/year
- 1-bedroom apartment – $13,000/year
- 2-bedroom apartment – $19,000/year
- Villa – starting at $490,000
Buying. Average prices for apartments in Jumeirah Village Circle are:
- Studio – $170,000
- 1-bedroom apartment – $200,000
- 2-bedroom apartment – $370,000
- 3-bedroom villa – $550,000
According to Bayut & dubizzle, in 2022, JVC ranked among the top three neighborhoods in Dubai, along with Downtown and Dubai Marina. Jumeirah Village Circle is one of the most attractive areas in Dubai for investment. It draws investors with its location, combination of a peaceful atmosphere and developed infrastructure, and, of course, modern, profitable properties.
Real estate in Jumeirah Village Circle is considered to be of the elite class, yet it is significantly cheaper than in other upscale areas of the city.
In 2023, over 5,600 properties were purchased in the JVC area, totaling $1.5 billion. As of February 2024, the rental yield in this area is 7.34%. However, considering that dozens of projects are still in the development and construction stages, prices are expected to rise over the next few years.
