Villas and houses for sale in Jumeirah Village Circle

Villa in Jumeirah Village Circle for a residency permit

JVC is one of the most popular areas in Dubai for purchasing villas and apartments in the UAE. This well-established community offers comfortable living with extensive infrastructure and proximity to the city’s central districts. Thanks to well-planned road networks and excellent transport links, the city centre is just 10–20 minutes away. Additionally, JVC is quieter than central Dubai, making it an increasingly popular choice for families and remote workers.

The majority of the community comprises high-rise apartment buildings, making the limited number of villas and houses particularly attractive to investors. As the area is popular with families, larger residences are in high demand, which makes investing in standalone properties a compelling option.

JVC is not considered one of the most expensive areas for property in the UAE. Affordable houses are available, further driving demand. The cottages typically have one or two stories, with three or four bedrooms and are often ready for occupancy. Some projects even include built-in furniture. Premium amenities, such as pools and private recreational areas, give these homes a competitive advantage over apartments.

The area is located within a free zone, meaning foreigners can purchase residential properties and gain full ownership.

Residence permit in UAE by buying house in Jumeirah Village Circle

Purchasing villas for sale in Jumeirah Village Circle enables foreign citizens to obtain residency in the UAE. To qualify, buyers must purchase a property that meets the minimum value set by the state legislation. UAE residency offers numerous benefits, including the right to live in the country, conduct business and enjoy the well-developed infrastructure.

Although the number of villas is limited, a steady selection remains on the market. The minimum price for a house is USD 476,500, while the maximum is USD 1.36 million. This range provides buyers with options across various price segments, all of which qualify for the residency-by-investment programme.

To participate in the programme, the following conditions must be met:

1. Purchase a house in Jumeirah Village Circle (JVC): The property must be valued at a minimum of AED 750,000 (USD 205,000) for a two-year visa or AED 2 million (USD 545,000) for a five-year residency;
2. Register ownership: The property must be fully owned and ownership rights must be registered after full payment. Only then can the investor apply to the relevant authorities for residency;
3. Submit an application: The investor must apply for a residency card by providing documents that confirm the property purchase, along with medical clearance confirming the absence of serious health issues.

Obtaining a residence permit in the UAE through property investment allows for unlimited stays in the country. The process of securing a long-term visa typically takes a few weeks, after which the investor can legally reside in the UAE and enjoy all the benefits the country offers. The residency visa can be renewed as long as the property remains in the owner’s possession.

Investment house in Jumeirah Village Circle

Investing in a villa for sale in Jumeirah Village Circle is a lucrative choice for several reasons. Firstly, the area is experiencing rapid development, driving an increase in property values. Secondly, JVC offers a high return on investment (ROI), making it appealing for investors seeking steady income and swift returns. Therefore, purchasing property in this area is an excellent way to diversify an investment portfolio.

Advantages of the area:

• High ROI: The return on investment is 7% annually or higher, which surpasses the average for Dubai and is considered high compared to other investment opportunities globally;
• Increase in property value: JVC has recently experienced a notable rise in housing prices. Sales market analysis for Dubai in 2023 showed a 7% increase in the average price per square metre for apartments and a 106% rise for villas;
• High demand for housing: The community’s location and lush green areas attract many people, including families and solo buyers;
• Developed infrastructure: The area provides everything residents need, including shopping malls, stores, cafês, restaurants, parks and schools. For additional services or entertainment, other parts of the city are just 10-20 minutes away.