Properties For Sale in Jumeirah Village Triangle
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Property for sale in Jumeirah Village Triangle (JVT)
Jumeirah Village Triangle is a gated and 24/7 secured elite residential community. Within walking distance of the residential area, there are nurseries for young children and schools for older children, such as Sunmarke School and Arcadia School. Inside the premium-class community, there are outdoor playgrounds for basketball, tennis, and other active games in an artificially landscaped area with fresh lawns and walking paths.
The development of Jumeirah Village Triangle (JVT) is done in accordance with the canons of Mediterranean style, with recognizable touches of Dubai's Eastern luxury. Most of what the developer has depicted in the project master plan has already been completed, such as promenade areas, a swimming pool, golf courses with clubhouses and academies for player training. Some properties are still under construction, but the work is carried out carefully and quietly, ensuring a peaceful living environment in Jumeirah Village Triangle.
Located near the convenient Al Khail and Sheikh Mohammed Bin Zayed expressways, Jumeirah Village Triangle attracts those who enjoy a calm and serene lifestyle.
Prices for the limited number of villas and townhouses available for sale in this area of Dubai are around $500,000 for 150 sq. m. Apartments with two spacious bedrooms, an open-plan kitchen, and one bathroom are priced at $479,564 / AED 1,760,000 as of May 2023. A studio apartment with a magnificent view of the city panorama and its landmarks will cost the buyer $217,984 / AED 800,000.
Investing in real estate in JVT
The renowned developer Nakheel Properties is responsible for the residential real estate and community infrastructure in this area of Dubai. There are over 5,000 properties in this region, predominantly low-rise and private homes with beautifully designed front yards and varying prices per square meter.
According to publicly available data, the average ROI for a two-bedroom property investment in this area is 6%. Jumeirah Village Triangle has a freehold status, which confirms the right of citizens of any country to purchase real estate here and have full ownership with the right to subsequent sale. Consequently, non-residents can buy property here to obtain a visa and, in addition to residency, also generate income from investment.
Buying property in Jumeirah Village Triangle with the assistance of Space 8 Estate
Investing in projects in Jumeirah Village Triangle is a profitable option for those who wish to diversify their assets, relocate, obtain an investor visa with all its privileges, or open a business in the Arab Emirates. Contact Space 8 Estate to receive a comprehensive range of services for real estate transactions in Dubai, from selection to ownership registration.
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