A Prestigious Residential AND Commercial Building Project .
Ground floor (Retail & parking) + Podium floor (Parking) + 4 (Residential floors) + Roof floor .
– Building age is 18 months approx. .
– Located in a prime area in JVC, having easy access from Al Khail road, Hessa street and Mohammed Bin Zayed road .
– Having School ‘s , Garden ‘s , A mall for Nakheel called “Circle Mall” Community Center, playground , Supermarkets , Gas station in its vicinity.
– Has ideal location of CORNER PLOT having wide roads on both sides .
– Total Built Up Area is 115,000 sqft. and Saleable Area of 75,000 sqft .
– Total of apartments 88 unit (half facing the road and half facing the swimming pool ) . Consisting of :
– 52 studio apartment ( Size between 550 – 650 sqft ) .
– 31 One bedroom ( Size between 900- 1,200 sqft ) .
– 5 two bedroom ( Size 1,300 sqft for each unit) .
– 4 Retails with total Area 3,800 sqft .
– 92 of covered car parking with remote control access gates .
– UNIQUE Specifications :-
– High class amenities with 8 mt wide x 12 mt length .
– Elegant “State of Art” Entrance with Marble Wall Cladding and flooring with design .
– Security access door card .
– Double level glass and Gypsum board ceiling, spot lights, Chandeliers .
– Customer service ‘Granitic counter’ .
– Typical floor corridors with Granitic tiles walls and floors (with beautiful design) and double level Gypsum board False ceiling with spot lights .
– GRC grills on parking floor .
– Wooden pergolas for top floor and Spanish tile sloping roof .
– OTIS Lifts 2 no’s, central (Package & split duct) Air Conditioning system by (Al – Futtaim Engineering , Make YORK) .
– Common Swimng Pool , fountain n garden on first floor , Sauna bath ,Gymnasium .
– Garbage chute system , Gate Barriers,
– CCTVs , Dish Antennae,
– All parking in ground and Podium floor with special Epoxy floors and proper Signage, mirror, wall protection rubber guards, speed breakers , floor lighting on Drive ways .
– Central gas system, Fire protection systems by DAFOOS .
– Marble floor Staircases 2 no’s, And much more .
- Inside the apartments :-
- High ceilings clear height of 4 meters .
- Quality Granitic and porcelain floors .
- High quality double glazed reflective glass wide sliding doors and windows of UPVC ,
- External finishing of Elegant Paint (Jotun) and Mural Painting of HAPPY FAMILY.
- Heavy section Curtain walls Cladding .
- LED decor elevation lighting .
- Toughened glass balcony railing .
- High Quality kitchen with Granitic tiles and floors , kitchen cabinets with Granite tops and with kitchen hood , sink and mixers ,
- Wooden wardrobes in bedroom and high quality wooden doors .
- Elegant lights .
- High Quality floor tiles, Jotun paints for internal walls, designed bathrooms with Granitic tiles for walls and floors , Sanitary fittings n Mixers , marble wash counters with Vanity and wide mirrors in bath .
All the above making it a good place to stay and for leisure.
– Building status & incomes :-
The building is under holiday home management and it’s generating 8.7 million as gross income per year and 8 million as net income yearly .
Asking price 110 million AED
Building for Sale in Jumeirah Village Circle (JVC), Dubai: A Prime Real Estate Investment Opportunity
Introduction
Jumeirah Village Circle (JVC) in Dubai is a dynamic and rapidly growing community known for its unique blend of modern living and traditional values. Located in the heart of new Dubai, JVC has become one of the most sought-after areas for both residential and commercial investments. This essay explores the benefits of investing in a building for sale in JVC, highlighting the area’s strategic location, thriving community, and the strong potential for high returns on investment.
Strategic Location
JVC is strategically located to offer easy access to key areas of Dubai:
- Proximity to Major Roads: JVC is well-connected to major highways like Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), ensuring seamless connectivity to the rest of the city.
- Accessibility to Key Destinations: The community is just a short drive from major business districts such as Dubai Marina, JLT, and Downtown Dubai, as well as popular leisure destinations like Mall of the Emirates and Palm Jumeirah.
- Transportation Links: The ongoing expansion of public transportation, including new metro lines and bus routes, further enhances JVC’s accessibility, making it a convenient location for residents and businesses alike.
Thriving Community
JVC has developed into a vibrant and self-sustained community, making it an attractive location for residents and investors:
- Diverse Housing Options: JVC offers a wide range of housing options, including villas, townhouses, apartments, and commercial buildings. This diversity attracts a mix of residents, from young professionals to families, contributing to the area’s dynamic character.
- Community Amenities: The community is equipped with various amenities, including parks, schools, healthcare facilities, and retail outlets, ensuring a high quality of life for its residents. The presence of multiple shopping centers, cafes, and restaurants adds to the convenience and appeal of living in JVC.
- Family-Friendly Environment: With its parks, playgrounds, and family-oriented services, JVC is particularly appealing to families looking for a safe and comfortable living environment.
Benefits of Real Estate Investment in JVC
Investing in a building in JVC presents numerous benefits:
- High Rental Yields: JVC is known for its high rental yields, making it a popular choice for investors seeking steady income. The demand for rental properties in the area remains strong due to its affordability and prime location.
- Appreciation in Property Value: As one of Dubai’s fastest-growing communities, property values in JVC have shown consistent appreciation over the years. This trend is expected to continue, offering investors the potential for significant capital gains.
- Demand for Commercial Space: The growing population in JVC has led to an increased demand for commercial spaces, including retail outlets, offices, and service centers. Investing in a mixed-use building can yield diversified income streams from both residential and commercial tenants.
- Future Development Plans: JVC is part of Dubai’s larger master plan for urban development, which includes ongoing infrastructure improvements and the introduction of new amenities. These developments will further enhance the area’s attractiveness and investment potential.
- Investor-Friendly Policies: Dubai’s favorable real estate policies, including tax-free returns and full ownership rights for expatriates in designated areas, make it an attractive destination for international investors.
Conclusion
Investing in a building for sale in Jumeirah Village Circle (JVC) offers a compelling opportunity to capitalize on one of Dubai’s most promising and rapidly developing communities. With its strategic location, thriving community, and strong potential for high returns on investment, JVC stands out as a prime destination for real estate investors. Whether you are looking to generate rental income or achieve long-term capital appreciation, JVC provides the perfect environment to meet your investment goals in Dubai’s vibrant real estate market.
