COMMERCIAL REAL ESTATE IN JUMEIRAH VILLAGE CIRCLE DUBAI

Jumeirah Village Circle (JVC) is a residential community in Dubai. The area has a family-friendly atmosphere. It offers a mix of apartments, villas, and townhouses. JVC provides a peaceful environment with lush green parks, schools, and healthcare facilities.

The community is conveniently near major highways. It makes it easy to access other parts of Dubai. It features various amenities such as shopping centers, restaurants, and recreational areas. JVC is popular among families and young professionals.

Pros of Buying Commercial Real Estate Jumeirah Village Circle

People are buying commercial real estate in Jumeirah Village Circle for several
compelling reasons. Here are the outstanding features:

Strategic Location: JVC has a central location in Dubai. It offers easy access to major highways like Sheikh Mohammed Bin Zayed Road and Al Khail Road. This convenience benefits business operations. It also attracts a wide range of customers.

Growing Community: Jumeirah Village Circle is a rapidly developing area with a growing residential population. It creates a steady demand for commercial services. Also, JVC is home to locals and expatriates. It provides a broad customer base for various businesses.

Investment Potential: JVC continues to develop. Experts predict that the real estate in Jumeirah Village Circle Dubai will rise. Commercial property Jumeirah Village Circle is a potentially lucrative investment.

High Rental Yields: JVC's potential for high rental yields attracts investors. The demand for commercial spaces ensures a steady rental income. Moreover, investors buy flats in Jumeirah Village Circle Dubai for long-term investment.

Government Support: The Dubai government has initiatives to attract foreign investment. It also has business-friendly policies.

Need-to-Know about Commercials of Jumeirah Village Circle

• The average return on investment (ROI) for commercial real estate in Jumeirah Village Circle typically ranges between 6% to 8% per annum. However, this can change depending on the property. Market conditions, property type, location, and the overall economic environment in Dubai can all influence this variability.
• Common types of commercial real estate in Jumeirah Village Circle stand out;

1. Retail Spaces: Shops and stores are in commercial buildings, shopping centers, and mixed-use developments.
2. Office Spaces: It describes modern office buildings and units of business for sale in Jumeirah Village Circle. They cater to various companies and professionals.
3. Restaurants and Cafes: Dining establishments ranging from casual eateries to fine dining restaurants. These establishments are in retail complexes or standalone buildings.
4. Showrooms: These spaces showcase products such as furniture, automobiles, and electronics.
5. Mixed-Use Developments: Buildings offer a blend of retail, office, and residential units. It combines residential, commercial, and sometimes hospitality spaces.

The Best Areas to Buy Commercial Real Estate in Jumeirah Village Circle

Investors often consider specific locations within Jumeirah Village Circle (JVC) prime for purchasing commercial real estate. Here are the places:

Al Barsha South: It lies in the southern part of JVC. This area offers proximity to major roads and highways. It's also close to amenities such as schools and parks. With its development, it is also an ideal place to buy land in Jumeirah Village Circle.

Districts 13 and 14: These areas have a central location in JVC. It is also famous for a mix of residential and commercial developments. They offer good visibility and access to main roads. It is also a good place to find villas for sale in Jumeirah Village Circle.

The Circle Mall Area: This area is near the entrance of the JVC. It is home to the Circle Mall, which serves as a focal point for commercial activity. Properties around the mall enjoy high visibility and footfall.

Prime Intersections: Commercial properties benefit from excellent exposure and convenience. These are between Al Khail Road and Sheikh Mohammed Bin Zayed Road or Al Barsha Road and Hessa Street.

Street 1 and Street 2: These streets run through the heart of JVC. It lines with retail outlets, restaurants, and office spaces. They benefit from high foot traffic.

An Overview About Commercial Real Estate Prices in Jumeirah Village Circle

Here are the average prices of the commercials. These are rough estimates, the prices can fluctuate over time due to changes in market conditions. Keep in mind that actual prices can vary widely based on factors. The factors are the location, size, amenities, and market conditions at the time of purchase.

Office Space: Office spaces in JVC start from AED 500 per square foot.

Retail Space: Retail spaces in JVC typically have higher prices due to their foot traffic potential. Prices start from AED 1,000 per square foot.

Warehouses: Prices for warehouses in JVC can vary based on size, height, and convenience. Prices start from AED 200 per square foot.

Mixed-Use Properties: Mixed-use properties, which combine residential and commercial spaces, can have diverse pricing. Prices start from AED 700 per square foot.

If you are interested in buying commercial real estate in Jumeirah Village Circle but do not know where to begin? Contact us to explore our specialized services and take the first step in your right investment.