JVC Dubai: a popular area for investors
JVC stands for Jumeirah Village Circle, one of the most popular areas for real estate investors. Very well located and offering very attractive deals, the JVC Dubai neighborhood offers some of the highest rental yields in Dubai. Dubai Immo, the leading French-speaking real estate agency in Dubai, offers you a detailed presentation of this neighborhood in Dubai.
The location of the JVC Dubai district
Jumeirah Village Circle is strategically located between Al Khail Road and Sheikh Mohammed Bin Zayed Road. Circular in shape as its name suggests, the neighborhood is located 15 minutes from Dubai Marina and the iconic Palm Jumeirah. To reach Downtown Dubai and the Burj Khalifa, less than 20 minutes is enough time to take Al Khail Road, a 100% free highway in Dubai. There are also many buses from JVC to the main attractions of the city.
Who are the inhabitants of JVC Dubai?
JVC is a neighborhood that is attracting more and more French people. JVC residents are generally quite young and come from all over the world. Many European expatriates choose to settle in Jumeirah Village Circle because of the relatively reasonable rents for Dubai. Dubai's middle class, who earn between 2000€ and 5000€ per month, are the majority in JVC.
How much is the rent in the JVC Dubai area?
For a studio, you will need to count between 1000 and 1500€ per month. If you pay the rent all at once for the whole year, you will be able to find a decent studio for 12.000€ a year. If you want to pay monthly or rent via airbnb, the bill will quickly rise to easily 1500€ per month for a furnished studio. If you are looking for a 1 bedroom apartment, you will have to pay around 1500€ per month to rent a good quality apartment in this area. The price can reach 2000€ per month in the most beautiful residences like those of Ellington Properties for example.
JVC Dubai shops: where to shop?
The JVC Circle Mall opened in 2022. This beautiful mall is home to a huge supermarket of very good quality. There are also many shops and restaurants. There are also many small convenience stores and supermarkets scattered throughout the area. In Jumeirah Village Triangle, next to JVC, a huge Nakheel Mall will open in 2023. There you will find hundreds of shops, movie theaters, etc.
What is the price of a studio in JVC?
If you want to buy a studio in JVC Dubai, you will have to pay around 120.000€ on average. The price can reach 150.000€ in the most beautiful residences of the district. Some developers in Dubai sell the studios fully furnished and equipped. All JVC studios are sold with a parking space located in the lower levels of the residence.
What are the most profitable investments at JVC?
If you want to make a profitable rental investment in Dubai, Jumeirah Village Circle deserves your full attention. To achieve the highest possible ROI (Return On Investment), we recommend that you position yourself in a one-bedroom apartment (T2) or a studio. These are currently the most sought-after property types and rental demand is very high. In the residences offered by Dubai Immo, you can expect annual rental yields of between 7% and 12% depending on the program.
What is the price per m2 in JVC Dubai?
The price per m2 is very attractive. Ranging from 2500€ to 3500€ depending on the program, prices are very competitive with the rest of Dubai. As a true JVC specialist, Dubai Immo is able to offer you the best rates in JVC, on the best programs. Please note that not all programs are equal and we invite you to follow carefully the advice of the agency's professionals who know the area perfectly.
JVC Dubai, the neighborhood with 30 parks
Jumeirah Village Circle is one of the greenest neighborhoods in Dubai. Developed by Nakheel, the developer of the Palm Jumeirah, JVC has dozens of parks with trees. Children's games are also installed and it is very pleasant to walk around.
Schools near JVC
If you wish to settle down with your family in JVC, the question of schools will certainly be very important. Rest assured, school buses pass by Jumeirah Village Circle and will pick up your children every day. The Lycée Français de Dubai is located about 20 minutes from JVC, and other prestigious schools are even closer. GEMS Schoold Dubai Hills, for example, is only ten minutes away from Jumeirah Village Circle, as is the renowned Australian school.
