The fast-growing community of Jumeirah Village is quickly becoming one of New Dubai’s most important hotel and hospitality destinations.
THE HEART OF NEW DUBAI
Launched in 2005, this fast-growing freehold community located in the centre of New Dubai is immensely popular with families thanks to its central location, top quality, good value accommodation and prime transportation links. The area features six well-planned districts spread across two co-located areas known as Jumeirah Village Triangle and Jumeirah Village Circle. Both feature a fantastic mix of prime residences, apartments, hotels and retail facilities, perfectly located for easy access to Dubai’s major transportation links and major attractions. A tranquil, urban oasis with 33 landscaped parks, schools, shopping facilities, cafes and restaurants, Jumeirah Village is also a central focus of development for The First Group’s upper midscale hotel portfolio.
Boasting direct access to Mohammed Bin Zayed Road, Barsha Road and Al Khail Road, Jumeirah Village is located less than 20 minutes’ drive from Al Maktoum International Airport, the Expo 2020 site, Dubai Marina and Palm Jumeirah, making it one of the best located areas of the city. Dubai Sports City, with its world-class cricket stadium, Ernie Els-designed desert links golf course and other sporting attractions is situated adjacent to the development, while Downtown Dubai and Dubai International Airport (both situated to the north) are around 30 minutes by car. The upcoming Al Khail Avenue mega mall, with its 350 retail outlets, restaurants and multi-screen cinema spread across an area exceeding two million square feet, will also be located close by.
Jumeirah Village’s central location close to the Expo 2020 precinct and Al Maktoum International Airport has made it a major focus of development for Dubai’s planning authorities. According to data published by lookup.ae, there are more than 110 residential and commercial projects completed, planned or currently underway in Jumeirah Village. Around 25% of the precinct currently remains undeveloped.
Signifying its popularity among property investors, Jumeirah Village recorded the third-highest number of residential apartment sales in Dubai in 2017, behind only Dubai Marina and Downtown Dubai, according to online property portal Bayut.com’s 2017 Dubai Real Estate Report. Jumeirah Village also ranked third behind Dubai Marina and Downtown Dubai in terms of investor interest in off-plan property developments.