Apartment Building in Jumeirah Village Circle

Description

We are delighted to bring to market a residential building located in the Jumeirah Village Circle community. One of the emerging areas in Dubai for young singles, couples and small families, JVC is an extremely popular choice amongst renters and is there a haven for investors.

This is a Grade A building that is primarily residential with retail spaces located along the ground/podium level. It features 179 apartment that can be divided into 72 studios, 71 one-bedrooms and 36 two-bedrooms. A total of 211 parking spaces are available for residents.

It is currently leased for 3 years to a multinational group, and could also be used as a hotel or a hotel apartment project. 

This property offers 7% net ROI for years, with an annual income of AED 7 million.

Jumeirah Village Circle is home to a wide variety of options for leisure and recreation, including parks, fitness centres, shops, restaurants, and much more. The community has its own shopping centre, Circle Mall, and is just a few minutes' drive from Me'aisem City Centre.

For any investor, this would be a great opportunity. Please contact me for details and to set up a viewing.