https://www.facebook.com/tr?id=969522066415674&ev=PageView&noscript=1

The Essential Guide: Jumeirah Village

14/11/2018 - Dubai Investment News
Dubai property investment opportunity - The First Group
The Essential Guide: Jumeirah Village

Check out our essential guide to this well-located, up-and-coming precinct in the heart of New Dubai

OVERVIEW: Launched in 2005, this fast-growing freehold community located in the heart of New Dubai is immensely popular with families thanks to its central location, top quality, good value accommodation and prime transportation links. The area is divided into six districts spread across two co-located areas: Jumeirah Village Triangle, which mainly consists of residential townhouses and villas and was officially completed in 2012; and the much larger Jumeirah Village Circle, which features a concentric road layout with a central community landscaped area located at the centre of the development. 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.

PRIME LOCATION: 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.

PROPERTY PIPELINE: According to data published by lookup.ae, there are more than 110 residential and commercial projects completed, planned or currently underway in Jumeirah Village. The analyst estimates at least 25% of the precinct remains undeveloped, providing scope for other major projects to be announced in the lead up to 2020.

THE FIRST GROUP’S UPCOMING DEVELOPMENTS: The First Group is currently developing three landmark properties in Jumeirah Village.

Avalon Tower (operating as Copthorne Jumeirah Village Circle):This premium three-star property is currently under development in the heart of JVC. Featuring 352 suites spread over 17 floors, the hotel will house premium amenities including a luxury clubhouse, gym and rooftop swimming pool.

The One at Jumeirah Village Circle (operating as Ramada Plaza JVC): This award-winning, ultra-stylish 496-room hotel will be managed by highly respected international operator Ramada Hotels. It will provide guests with a host of world-class amenities including a Club House featuring a rooftop swimming pool, gymnasium, steam rooms and sun deck; premium restaurants; a fully equipped business centre; and 24-hour security and valet parking.

The One at Jumeirah Village Triangle (operating as Millennium Place JVT): This exciting four-star upper midscale hotel will house 579 suites when it opens in 2019. Ideally located close to the Dubai WorldExpo 2020 site and Al Maktoum International Airport, The One at Jumeirah Village Triangle is set to prove popular with business and leisure guests alike.

HOT PROPERTY: 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.

NEED TO KNOW

LOCATION: In the heart of New Dubai adjacent to Dubai Sports City

TOTAL AREA: 870 hectares

PLANNED BUILDINGS: 130+ residential, commercial and mixed-use developments

PROJECTED POPULATION: 300,000

TRANSPORT CONNECTIONS: Direct access to Mohammed Bin Zayed Road, Barsha Road and Al Khail Road (20 minutes’ drive from Al Maktoum International Airport).

Dubai property investment opportunity - The First Group



    
    
       
	
    
	
	
    
    
    
    

    
    
    
    
    
    
    
   	
	
    
    
    
    

    
    



live-chat