Real Estate Sales Report in JVC 2024

As of 2024, the Jumeirah Village Circle (JVC) area in Dubai has continued to perform robustly in the real estate market. Here are some key highlights from real estate sales reports for JVC in 2024.

1. Increased Demand for Apartments

Sales Volume

The Demand for apartments in JVC has seen a significant uptick, particularly for 1- and 2-bedroom units. The affordability factor combined with the community’s central location has made it a favorite among both end-users and investors.

Price Trends

Property prices in JVC have seen moderate growth. On average, prices for apartments have increased by around 10-15% compared to 2023 reflecting the ongoing interest in the area.

2. Villas and Townhouses

Sales Trends

Villas and townhouses in JVC continue to attract buyers looking for more space within a community environment. Although not as high in volume as apartment sales, the villa segment remains stable with slight price appreciation.

Average Price Increase

The prices for villas have increased up-to 20-30% in 2024, showing steady demand from families and larger households.

3. Investment Attractiveness

Rental Yields

JVC remains one of the most attractive areas in Dubai for investors due to its high rental yields, averaging between 6-8% net for long term & 8-12% on holiday homes. This has driven investor interest, particularly in off-plan properties.

Off-Plan Sales

Off-plan sales have remained strong in JVC, with new projects being launched and quickly sold out due to the favorable payment plans offered by developers.

4. Infrastructure and Community Developments

Upcoming Projects

Several new residential and commercial projects are underway, enhancing the overall appeal of JVC. These include new parks, school, and retail spaces, which are expected to further boost property values.

Community Growth

The continuous development of infrastructure, including road networks and public transport links and announcement new Dubai metro projects has made JVC even more attractive to both buyers and tenants.

5. Villas and Townhouses

Market Stability

The real estate market in Dubai, specifically in JVC is expected to remain stable with continued demand for both sales and rentals. The area’s growth in terms of infrastructure and amenities will likely sustain its attractiveness in the coming months.

Potential Price Increase

Developments near completion and handover, property prices may see further appreciation, especially in the most sought-after locations within JVC.

Top Performing Areas of Dubai

For the past five years, Jumeirah Village Circle has consistently ranked among the Top Five most sought-after areas in Dubai. Its consistent performance, year after year, highlights the area’s enduring appeal and its ability to attract both investors and residents. To find out more about real estate sales and other concerns, please visit and contact us at XSITE.