Introducing The One at Jumeirah Village Triangle, to be operated as Millennium Place JVT Dubai. This prestigious 579 room hotel will be located in the vibrant community of Jumeirah Village Triangle. As The First Group’s second project in Jumeirah Village, this exciting 4 star development is ideally located close to the Dubai World Expo 2020 site and what will be the world’s largest airport, Al Maktoum International, The One at Jumeriah Village Triangle’s pivotal location, superior facilities and high standards of service means it is already destined for high demand and success.
Over the last few years, Jumeriah Village Triangle has been experiencing a positive influx of people; drawn by affordable property prices and the area’s excellent location, within easy reach of the rest of the city. Of the ten areas in Dubai that witnessed the highest move-in rates during the first three quarters of 2015, Jumeirah Village as a whole ranked 2nd – one position behind regular leader, Dubai Marina.
Jumeirah Village Triangle is conveniently located just 20 minutes from the new Al Maktoum International airport. This mega aviation hub is set to become the world’s largest and busiest airport, capable of handling more than 200 million passengers a year. Residents and visitors alike will also benefit from the area’s development of two shopping malls. The Circle Mall, which is due for completion in 2017, will contain 235 shops, a multi-screen cinema and more, while Al Khail Avenue, set for completion in 2019, will offer over 1.5 million square feet of shopping and leisure options.
Just a few minutes’ drive away is the site of the Dubai World Expo 2020 pavilion, a factor that further strengthens Jumeirah Village Triangle’s position as an excellent area for investment. With 25 million people forecast to visit during the event, there has never been a better time to invest in prime hotel property such as this. As the first hotel to open in the JVT, The One at Jumeirah Village Triangle is destined for high demand.
Dubai has rightly earned a reputation as one of the world’s fastest-growing hotel markets, with occupancy rates that consistently outperform established markets in Europe, North America and Asia.
The First Group’s portfolio of hotels and hotel apartments regularly outpace competitors in terms of occupancy and average daily rates, helping to generate consistently high returns for our investors. The One at JVT’s premier location in the heart of New Dubai and close to major transport infrastructure, including Al Maktoum International Airport, will ensure our clients reap the highest long-term rewards from their investment in the property.THE ONE AT JVT – KEY FACTS
With billions of dollars being invested into infrastructure developments designed to transform Dubai into one of the world’s great cities, the opportunities for potential investors in the emirate’s hotel sector have never been greater.
For more information on property owner benefits and Dubai's dynamic tourism industry, download our Dubai Hotel Investment Report or contact our dedicated hotel investment team on +971 (0)4 246 4825.
A partnership with Millennium & Copthorne, the world’s largest owner operated hotel group, spells lucrative investor returns.
About Millennium & Copthorne
Renowned for its timeless and elegant designs and conference and banquet facilities, the Millennium Collection offers the perfect base for business and leisure travellers in some of the world’s top destinations.
Millennium & Copthorne Hotels plc is a dynamic, company, which owns, asset manages and/or operates over 125 hotels worldwide. With an inventory of almost 40,000 rooms spanning every continent, its portfolio of brands serve different market segments, offering quality and value across every category. From its roots as a single hotel in Abu Dhabi, Millennium & Copthorne, Middle East & Africa (MEA) has expanded to become recognised as one of the region’s fastest growing hotel management companies. In addition to a number of partnerships with respected owners, Millennium & Copthorne currently operates 24 hotels in MEA and aims to grow its regional portfolio to 100 properties by 2020.
Highly Commended Award in the Best New Hotel Design & Construction, Arabian Property AwardsRead more