Discover Your Dream Home: Property in Jumeirah Village Circle
Jumeirah Village Circle is an amazing place to begin your search for a dream home. With the growing top villa communities and a straining social factor between homeowners in such high-brow locations, it brings rest and peace of mind to find a closely-knit community such as the JVC.
Why is it regarded as a closely-knit community?
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There is a high number of family people living in the area, and as children must mingle for play dates and social development, families are more open to meeting and knowing their neighbors.
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Additionally, there is the factor of communal parks and bubbly environments, which makes it possible for more community meetings and bonding. As people attend these places, they meet more and mingle more.
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Thirdly, according to a survey, there are many community workers living in the JVC, which brings about a connection to the place of work. So, your neighbor may work with the same organization or just down the street, and that improves socialization.
To What Extent?
In as much as a community is desired, there is still a factor of privacy, and people do not like having their private spaces invaded, so it makes sense to want to know to what extent people mingle. Based on a survey, there is a very balanced measure of individuality in the JVC. The environments are serene, with plush-green pathways, jogging walkways, gyms, and a couple of other exercise options coupled with sporting tracks.
There is an abundance of everything needed for a balanced community, from school facilities to market facilities, down to sporting locations, etc, and on top of that, the property prices in JVC are much fairer and more affordable than in other prime locations in Dubai.
Picking the Right House in JVC
As elaborate, beautiful, and inclusive as JVC may be, it is equally important to pick the right house for you so that you will have the best experience. As an expat who is traveling and touring and considering investment (which is highly advised, especially considering the cost of real estate in the area, vis-à-vis the ROI projections), you will need to heed these steps to buy the best.
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Settle the matter of Budget: it has been stated earlier that properties are more affordable in the JVC than in many other prime locations in Dubai. For example, you can easily get an apartment from AED 500,000 upwards, and you can get a simple two-bedroom apartment at AED 1.5 million. That is the price of a studio up in Palm Jumeirah. But that's not the only factor; even though properties are fair, there are still very expensive categories, so you need a budget to be able to streamline your searches.
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Settle the matter of location: There are about five (5) sub-communities in the Jumeirah village circle—view them when you read more on the official website https://emirates.estate/. It is pertinent that you decide which of the areas you will be staying in or which of them you will be patronizing for the purchase/rental of an apartment.
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Thirdly, you need to decide what type of property you will be going for, if it's a standard house, a small apartment, or a villa. Upon the completion of these three factors, you can then proceed with a search.
Profitability of JVC: A Brief Analysis
In order to do justice to this part, the analysis will be drawn from a studio apartment in JVC—you can get this for about AED 500,000 on average (more or less); meanwhile, the same studio apartment will go up to three times that price in other locations within Dubai. Then, according to the rental charts, you can get an average of AED 38,000 per annum for the property. What that means is that by the end of a decade, you would have earned a gross rental value of AED 380,000. When paired with the growth rate of properties in the real estate sector, by the end of a decade, the property would have appreciated up to least 50% (if the property appreciates by 5% minimum per annum), meaning that by then it would be worth a minimum of 750,000 AED. 750,000 + 380,000 = AED 1,130,000. You would have doubled your investment. Take note that this doesn't limit your travel and tours because they can be done together.
Conclusion
If you are looking for your dream home in Dubai, look no further than Jumeirah Village Circle. With its serene environment, wide range of properties, and excellent amenities, JVC offers the perfect blend of comfort, convenience, and community. Discover your dream home in JVC and start living the life you've always imagined.
