Jumeirah Village Triangle (JVT) is a freehold residential development with over 5,000 one- and two-bedroom villas, townhouses, and apartments available in both Arabic and Mediterranean styles respectively, surrounded by green spaces and gardens. It's a quiet and pet-friendly neighborhood well located near to the city, and it's known for its family-friendly and secure ambiance. It was launched in 2005 by Nakheel prominent Dubai real estate developer.
Residents have access to a wide range of in-class facilities, including outdoor dining areas, cafes & restaurants, a bowling alley, a cinema, dedicated workspace, and much more luxury amenities.
Topmost Popular Residential Communities in JVT:
JVT is an easy to access strategic location in the midst of New Dubai. It is a gated community near the Palm Jumeirah and the Jumeirah Islands, situated between Sheikh Zayed highway and Al Khail Road, two of UAE's main roadways.
We note that the best return on investment was for the two-bedroom apartments (6.6%).
In regard of villas, the most luxurious 1-bedroom villas have a 7 % return on investment, followed by 3-bedroom houses with a 6.3 % return on investment. The 2-bedroom villa has a rental yield of 5.3 %, while the 4- and 5-bedroom villas have 4.8 % and 4% forecasted returns on investment, respectively.
The years 2022-2027 are predicted to be the most promising for the UAE residential real estate market. It is expected to rise by more than 8%, and JVT has recently achieved popularity and a growing demand among buyers. Properties in the Jumeirah village triangle are considered as a great investment opportunity, as rental yields can go up to 10%.
However, investing in JVT requires knowledge, skills, strategies, and a deep understanding of Dubai real estate market.
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