About this property
Great opportunity to purchase a mixed-use plot. Zoned for residential, retail and commercial use. The plot area is 20,440 Sqft and permitted for 163,500 Sq.ft of built-up area on G+10. Located on a corner plot with easy access.
Jumeirah Village Circle (JVC) is an emerging neighbourhood in Dubai, with a mix of established and under-construction projects. A freehold master development by Nakheel launched in 2005, JVC is built over an area of over 870 hectares and is estimated to have approximately 28 residential projects under construction. The community is organised into six districts, with all districts except district 16 having similar plotting and layout characteristics.
Located on Sheikh Mohammed Bin Zayed Road between Hessa Street and Al Khail Road, JVC offers apartments as well as townhouses, and its competitive prices have made it a popular area for investment in recent months.
While a significant number of projects within JVC are still under development, existing infrastructure and community facilities, as well as proximity to locations such as Dubai Marina, Jumeirah Lakes Towers and Jebel Ali, among others, makes it a popular location for renting and hence has topped the investment tally.