Jumeirah Village Circle (JVC)
Jumeirah Village Circle is the area which is 3rd on the list of areas with the highest yields in Dubai. This area is attractive to expats and tourists, who have a little less to spend. As a result, the investor in JVC appeals to 2 target groups.
General information
Jumeirah Village Circle (JVC) is one of those friendly neighborhoods where families feel at home. Amid green gardens, in the vibrant heart of new Dubai, you'll find a variety of homes and fun things to do. Apartments and villas in Jumeirah Village Circle Dubai offer the city's large population an unusual combination of urban living options in a village setting. People living in JVC appreciate the quiet atmosphere of the area, surrounded by gardens and canals, which evokes a sense of calm in a busy metropolis like Dubai.
Jumeirah Village Circle attracts families, young couples and singles. Expat families seem to be particularly charmed by the abundance of schools, parks, fitness centers, as well as clinics, hospitals and pharmacies in JVC. The area is also popular among real estate investors because of its attractive prices and high rental income.
JVC offers a wide variety of housing types from studios and townhouses to villas.
ROI and capital appreciation
The yields and value increases in Jumeirah Village Circle are very good. The villas, studios and 1 bedroom apartments realize the best ROIs in this region. It is recommended to rent out the properties for short-term. Depending on the developer, the studios start at around €160,000, the 1 bedroom apartments at around €230,000 and the villas at around €700,000.
Off-plan
New construction in this region increases in value by about 20% to 40% during the construction phase, which is often 3 years. The short-term rental net return on the initial investment is between 6% and 10% net. After completion, the increase in value in this region is between 5% and 10% per year.
Ready built
Existing construction in this region is experiencing value appreciation between 5% and 10% per year. Short-term rental net returns on initial investment are between 5% and 7% per year for existing construction.
Share
