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What is the meaning of JVT in Dubai?
Jumeirah Village Triangle, also known as JVT is a popular residential community just a short drive from the heart of the city.
Where is JVT in Dubai located?
Located adjacent to Jumeirah Village Circle (JVC), Jumeirah Village Triangle is a master-planned community which was designed and developed by Nakheel.
Strategically placed, Jumeirah Village Triangle is situated between Sheikh Mohammed Bin Zayed Road and Al Khail Road in Dubai and offers excellent connectivity to all city areas.
How can you reach JVT by metro?
Currently JVT is accessible via car or bus. Unfortunately the metro line doesn’t connect to this residential neighbourhood but other transport links are available.
Most people living in JVT have their own private transportation or have car lifts.
The nearest metro station to JVT is Media City and Internet City just off Hessa Street, running along Sheikh Zayed Road.
Is JVT safe in Dubai?
Jumeirah Village Triangle is a very safe residential neighbourhood which is not only family-orientated but also pet friendly. JVT is a very popular address with families as it offers a wide range of outdoor spaces and green areas, perfect for children of all ages.
Why invest in JVT?
Jumeirah Village Triangle has become increasingly popular in recent years since rental and purchase prices across the city have been rising without stabilising.
If you’re looking to rent, JVT offers more bang for your buck, meaning you can afford a much larger, more spacious property living just out of the heart of the city. The rent you would pay for a small apartment in Dubai Marina or Downtown can rent you a large apartment or a townhouse in Jumeirah Village Triangle.
If you’re looking to buy you will be able to easily rent it out long term to a wide variety of expats who choose to reside in JVT long term. JVT is an established community with a good infrastructure and a strategic location, meaning there is always demand for rental properties. Rental ROI on average ranges from 5% to 8% per annum, depending on the type of property and the type of rental which you are offering. Of course short-term rentals can generate you more revenue, but short term rentals 365 days a year are no guarantee. Some people prefer long term tenants to cover mortgage and service charge fees with the peace of mind that their property isn’t sat vacant over the summer months.
What is the best district in JVT?
The best district in JVT for you will really depend on what kind of property you are looking for.
All properties in Jumeirah Village Triangle are freehold which means anyone can buy or rent property in the area.
The geometric pattern of the neighbourhood aligns the properties in a perfect triangle and this is why it is called JVT. It is divided up into nine numbered districts and residential properties vary in configuration and pricing. Predominantly JVC comprises mainly townhouse and villa communities, however it is home to some apartment complexes as well.
If you’re looking for an apartment community, the most popular ones include The Imperial Residence, Al Jawhara Residences, Al Manara, BQ2 Residence and Green Park Residency.
If you’re interested in townhouses, the most popular districts in JVT include Al Burooj Residence VII, District 5C, District 2G and District 8T.
What amenities can be found in JVT community?
JVT offers a peaceful and calm residential ambience away from the bustle of the city. As there are no fancy hotels or bars in JVC it is a very quiet place to live and enjoy your leisure time. Most communities are gated and offer a variety of outdoor areas and green spaces.
Jumeirah Village Triangle is a sustainable green development and is considered one of the desirable family-friendly and pet-friendly neighbourhoods in Dubai.
JVT is home to an array of outdoor recreational facilities, including nine community parks, five tennis courts and a few basketball courts. Every community park also features a running track, BBQ areas and water features.
In addition, JVT is also home to a sports complex called The Football Academy (TFA) which is popular with sports enthusiasts and wannabe football players.
JVT also offers reputable schools, a variety of supermarkets, shopping, cafes and restaurants, gyms and fitness centres, salons and convenience stores all within easy reach.
What are the most popular establishments in JVT?
JVT HOTELS
JVT is only home to a few hotels, but these include:
- Novotel JVT
- Adagio JVT
- Movenpick JVT
JVT offers one mall, Al Khail Avenue Mall, and Circle Mall in Jumeirah Village Circle (JVC) is only a short drive away.
If you’re looking for a mega mall, Mall of the Emirates and Dubai Marina Mall are both only 20 minutes from Jumeirah Village Triangle.
Restaurants in JVT
The most popular restaurants include Comptoir 102 Healthy Café and Concept Store, Alpastor Cafeteria, Forni Pizza, Spice Pot, Kaffepaus, Movenpick Café, Stree Café and The Hub.
Is Jumeirah Village Triangle a good place to live?
The Jumeirah Village Triangle community offers a relaxed way of life with everything you could possibly need within a short drive away.
The perfect suburban retreat, JVT offers peace and tranquillity and is ideal for those looking to escape from the city after work to a quiet, relaxed, and serene environment.
Synonymous with greenery and calm, JVT is for those looking for a slower pace in life.
What educational institutions are present in JVT?
There are two schools in Jumeirah Village Triangle, and both follow the British curriculum.
Sunmarke School, located in District 5, offers schooling from FS1 to year 12, and The Arcadia Preparatory School offers high-quality primary education up until year 6.
JVT is also home to Jumeirah International Nursery (JINS 4).
What types of residential properties are available in Jumeirah Village Triangle (JVT)?
In Jumeirah Village Triangle you will find the following types of properties:
- Apartments
- Townhouses
- Villas
Properties vary in size, layout and configuration but you’re sure to find what you’re looking for to suit your individual needs and requirements.
Are there any new residential developments in Jumeirah Village Triangle?
There are various new developments currently under construction by independent private developers, which are predominantly mid-rise apartment communities.
A British born UAE developer is set to launch one of the most contemporary residential communities in JVT with world-class amenities, but details are yet to be released. The off-plan release will take place later in 2023 or early 2024 and completion will be in early 2025 which means a very strict and short construction timeline.
What are the unique features of JVT’s residential areas?
Greenery, open spaces and parks are synonymous with JVT. The best thing about Jumeirah Village Triangle is that it isn’t too commercialised and is essentially a residential neighbourhood. It is off the tourist’s radar which means low congestion, no traffic and a sense of calm for all residents living in the neighbourhood.
How does JVT compare with other residential communities in Dubai?
JVT is a quiet, established community designed for residents and their immediate needs in mind.
It isn’t designed for holidaymakers, tourists or party-lovers, it is very much family-orientated offering privacy, seclusion and minimal noise pollution.
What are the average prices for residential properties in JVT?
The average prices for residential properties in JVT does vary from area to area and community to community and in recent years prices have been continuing to rise at a fast pace.
Apartments
There are various apartment communities to choose from in JVT. You can choose from studios, one and two bedroom apartments.
- A one bedroom apartment usually costs between AED 650,000 and AED 1 million.
- A two bedroom apartment will cost between AED 800,000 and AED 1.5 million.
Townhouses & Villas
Average townhouse and villa prices in Jumeirah Village Triangle do range considerably but on the whole all properties generally offer very spacious accommodation with private terraces and gardens, making them ideal for families with children or professionals with pets.
You can generally find townhouses with two and three bedrooms and villas with thre, four and five bedrooms.
Property prices range from AED 1.7 million up to AED 5 million to purchase.
Signature villas in JVT feature red rooves, mosaic floors, spiral columns, arched doorways, carved doors and patterned walls synonymous with Moorish and Spanish architecture and design.
JVT Property Data
Apartments
As per 2023 data, the average asking price for property in JVT is AED 856,000.
The average transaction sales price is AED 807,500.
The average property rental price is AED 65,000 per year.
Townhouses & Villas
As per 2023 data, the average asking price for property in JVT is AED 3.5 million.
The average property rental price is AED 320,000 per year.
Prices per Square Feet in JVT
As per 2023 data, the average price per square foot for JVT property is as follows:
AED 1,133 per square foot on sales prices
AED 65 per square foot on rental prices
These are averages only and vary from property to property.
Gross Annual Yields JVT
The average gross yield is 7.6% for an apartment and 9.1% for a villa.
Are there any upcoming residential projects in JVT to look forward to?
The master developer of JVT is Nakheel a Dubai government property developer. Nakheel sells plots in Jumeirah Village Triangle to private developers and oversees the design and build of all residential communities including residential and mixed-use developments.
Since Expo 2020 and Covid-19 Dubai has seen a surge in the number of new off-plan projects released and since prices have been rocketing in the real estate market, many residents have chosen to move out of the heart of the city to areas like JVT and JVC to get more bang for their buck and get better value for money, especially if they are renting.
Dubai is also getting busier and more congested year upon year and many expat residents are choosing to get on the property ladder and move out to more affordable neighbourhoods which are well-suited to bringing up a family and living a quieter suburban life.
In recent years numerous private developers have launched new projects to cater to the growing demand for off-plan property from investors and first time homebuyers looking to buy their own home instead of renting long term.
There are new off-plan communities on the horizon in JVT , and a British-born developer, LEOS Developments, is international property developer in Dubai, will soon be launching a stand-out contemporary low-rise residential and lifestyle community in Jumeirah Village Triangle. How is the community vibe in the residential area of JVT?
The JVT community vibe is unique and not typical of Dubai.
One could say it is one of Dubai’s suburban hidden gems, just 15 15-minute drive from the heart of the city. Close to the action but away from the crowds, the traffic and the noise.
