JVC Nakheel 2 Bedroom Villas - Jumeirah Village Circle

Historical Price Change of Villas in JVC Nakheel 2 Bedroom Villas

These are the average Vital Stats for JVC Nakheel 2 Bedroom Villas for 2016 Q4.
You can dig deeper and analyze data for individual properties in JVC Nakheel 2 Bedroom Villas under Transaction Prices and Historical Data.

JVC Nakheel 2 Bedroom villas is an enclave within Jumeirah Village Circle District 16 where Nakheel have built 303 two bedroom villas. These villas all have a built up area of 2,690 sq. ft. and plot sizes range from 6,000 - 8,000 sq. ft. The project was handed over in 2013. Owners have the option to extend their villas and convert them into 3, 4 or 5 bedroom units.

Master Community: Jumeirah Village Circle
Property Types Available: Villas
Location: Mohammad Bin Zayed Road, Al Khail Road, Barsha Road
Cluster: District 16
Status: Ready
Year Launched: 2005
Year Completed: 2013
Developer: Nakheel
Title Type: Freehold
Quality Classification: Mid-end
Life Cycle: Mature
Ready Villas: 303
Maintenance Fee: AED 10,500 per annum - paid in two installments

Lookup.ae reports prices and transactional information for Jumeirah Village Circle

About JVC Nakheel 2 Bedroom Villas

Please note: JVC Nakheel 2 Bedroom Villas is one of the 60 major communities in freehold Dubai where Lookup.ae reports quarterly prices. This community offers one standard type of 2 bedroom villa and price data can be viewed in more detail under this section's Transaction Prices and Historic Data sections. In Jumeirah Village Circle, Lookup.ae also reports prices for Nakheel's 1 & 2 bedroom townhouses and 4 bedroom villas as well as price data of 3 & 4 bedroom townhouses by private developers in JVC.

Note: We report prices for this community every quarter. To learn more about pricing trends for all property types in JVC - please visit the Jumeirah Village Circle section of Lookup.ae.

Jumeirah Village Circle is a master development of Nakheel where plots were sold to individual developers for construction of townhouse, apartment & commercial projects.

Within JVC, Nakheel also launched its own two bedroom villas as well as one & two bedroom townhouses. These are the same property types which Nakheel built in Jumeirah Village Triangle but at a lesser number.

There are a total of 303 villas and 317 townhouses built by Arabtec. Arabtec construction is renowned for being one of the best in Dubai, and therefore, this is an added value to this community.

These units were announced for sale in 2004 and were expected to be delivered within a 3-4 year period. However, construction delays, reworking of the initial master-plan and the property market crash has delayed delivery constantly.

Delivery of the units has now started. Owners are being contacted for snagging and the first residents started moving in in December 2013.

Jumeirah Village Circle as a whole still contains a large belt of un-developed land and pockets of construction activity which is set to continue for the next few years. There are currently no parks or greenery as such. Projects which are handed over (apartments, townhouses by private developers) have high occupancy rates. Residents rely on limited retail activity located underneath mixed use towers within the community.

In terms of accessibility, JVC is one of the most centrally located communities in Dubai – touching Al Khail Road, Barsha Road and Mohammad Bin Zayed Road. Ultimately there will be five different entrances and exit points, but currently only two are being utilized.

Positives of JVC Nakheel 2 Bedroom Villas

Negatives of JVC Nakheel 2 Bedroom Villas

Lookup.ae

Help us to improve this section