It has low prices and basic amenities

"Jumeirah Village Circle" .. Rental prices start from 23 thousand dirhams

Jumeirah Village Circle is characterized by the presence of a diversified rental product.

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A recent report by the real estate websites Bayut and Dubizzle on renting real estate in Dubai for the first half of 2021 stated that the Jumeirah Village Circle area stands out as one of the closest residential points near the city center, which is characterized by the presence of a diversified rental product at the class level. The area is characterized by low average rents, compared to the rest of Dubai, which gives it an additional advantage.

The report, which "Emirates Today" reviewed a copy of, and relied on the percentages of the search on the site, indicated that the lowest rental price was recorded in the region for the "studio" category, at the level of 23,000 dirhams, and for the category "room and hall" 30,000 dirhams, and for the apartment category. From «two rooms and a hall» 48 thousand dirhams.

Attractions

The report identified the reasons that made the area one of the most important areas in Dubai for attracting tenants, including its inclusion of a large number of facilities that would attract families and individuals, including basic facilities that are usually the focus of attention for new tenants, such as international schools, hospitals, and restaurants. And shopping centers, in addition to parks and recreational facilities, which greatly helped to attract families.

Category "Studio"

According to Bayut.com’s statistics on the most popular buildings for most of those looking for a “studio” for rent in “Jumeirah Village Circle”, the “Emirates Gardens” project, which consists of three buildings, ranked first in terms of the number of searches with a rate of 22.75%. For the low average rent of about 27 thousand dirhams annually.

As for the second place, it was for the "Ghalia Damac" building, with a search rate of 22.43%, and an average annual rent of 29,000 dirhams.

In turn, the "Diamond Views" real estate complex managed to attract the attention of studio seekers, with a search rate of 20.18%, while the average rent for a "studio" is about 23,000 dirhams annually.

Other options include: “My Residence” building, with a search rate of 18.04%, and an average rent of 23,000 dirhams, followed by the “Reef Residence” building with a search rate of 16.6%, and an average rent of 27 thousand dirhams.

Room and Lounge

In addition, the "Seasons Community" sub-complex is the most popular among those looking for a "room and lounge", with a search rate of 34.59%, and an average annual rent of 30,000 dirhams annually.

The "Diamond Views" project came in second place, with a search rate of 23.99%, and an average annual rent of 41 thousand dirhams annually.

The third place was for the "Emirates Gardens" project, with a search rate of 17.93%, and an average annual rent of about 40 thousand dirhams.

Other options include the “Orchidia Residence” building, which ranked fourth, with a search rate of 12.18%, and an average annual rent of 41 thousand dirhams, then “Bloom” towers, with a search rate of 11.31%, and an average annual rent of 44 thousand dirhams.

Two rooms and a hall

As for the “two rooms and a hall” category, the “Seasons Community” sub-complex topped the list with a search rate of 35.63%, and an average annual rent of 48,000 dirhams annually.

In turn, the "Diamond Views" project managed to get second place, with a search rate of 19.83%, and an average rent of 60,000 dirhams annually.

As for "The Plaza" housing, it ranked third, with an average annual rent of about 61,000 dirhams annually.

Other options include: the "La Riviera Estates" complex, which ranked fourth, with a search rate of 14.72%, and an average annual rent of 57,000 dirhams, followed by the "Shoba Daffodil" building, with a search rate of 13.93% and an average annual rent of 59,000 dirhams.

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