JVC - Jumeirah Village Circle
Spanning an expansive 811 hectares.
Jumeirah Village Circle is a bustling urban enclave renowned for its distinctive blend of Arabic and Mediterranean architectural styles, predominantly featuring villas and townhouses. Viewed from above, its layout resembles a perfectly circular formation. This vibrant district seamlessly adjoins Jumeirah Village Triangle, forming a cohesive residential expanse characterized by an array of homes and amenities.
Infrastructure
Situated at the fringe of Dubai's bustling business hub, Jumeirah Village Circle enjoys a prime location with convenient access to the city's main arteries: Emirates Road, Sheikh Zayed Road, and Al Khail Road.
This strategic positioning ensures swift access to key destinations: Mall of the Emirates: 15 minutes, The Dubai Mall: 20 minutes, Dubai International Airport: 25 minutes, Al Maktoum International Airport: 30 minutes, Palm Jumeirah: 30 minutes
Nestled adjacent to The Springs and Dubai Sports City, it's a mere 15-minute drive from prominent business districts like Dubai Media City and Dubai Internet City.
At the heart of Legoland's charm lies its staggering collection of 15,000 LEGO models and an astonishing assembly of more than 60 million LEGO pieces, serving as a testament to the limitless possibilities of imagination and creativity. As visitors wander through its intricately crafted landscapes, they are transported into a world where dreams take shape and fantasy comes to life, igniting a sense of wonderment and awe in all who tread its paths. Despite the vast expanse of its offerings, Legoland remains conveniently accessible from Jumeirah Village Circle, with a mere travel time of less than half an hour.
Economic appeal
According to Dubai's annual property report for 2020, there was a notable surge in interest for low-cost apartments within Jumeirah Village Circle (JVC). The report highlighted a significant decrease in the cost of renting apartments in JVC, with prices dropping by approximately 10-17%. This decline in rental prices contributed to a heightened demand for affordable housing options within the community.
The decrease in rental costs could be attributed to various factors, including market dynamics, changes in economic conditions, and shifts in consumer preferences.
As rental prices became more competitive in JVC, prospective tenants, particularly those seeking budget-friendly accommodation, were drawn to the area, resulting in increased demand for low-cost apartments.
The affordability of apartments in JVC, coupled with its strategic location and array of amenities, likely contributed to its popularity among tenants looking for affordable yet comfortable living options in Dubai.
This trend underscores the dynamic nature of the real estate market in JVC and highlights the importance of affordability in shaping housing preferences among residents in the city.
Developers in Area
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Five Holdings
1 properties
Laya Developers
1 properties
Sama Ezdan
1 properties
Fakhruddin Properties
1 properties
