Jumeirah Village Circle is an emerging freehold community where all types of property are available: villas, apartments, townhouses, offices, retail and plots for development. JVC has come a long way from the lows experienced in early 2009. As the market started reviving in late 2011 and early 2012, many deliveries started taking place and many other stalled projects were revived.
Today, close to a hundred individual projects are completed in the community and while there are significant pockets of undeveloped land in the community, few doubt that these will gradually be developed. JVC is a large project and by some estimates, one of the most affordable areas to buy or rent a home in Dubai, which makes the location extremely demanded among property tenants and buyers.
A number of new real estate projects have been launched in JVC by major Dubai developers including Damac (Vantage & Constella), The First Group (The One by Ramada Plaza), SKAI holding (Suites in the SKAI), Indigo properties, Diamond Properties and Nakheel, which alone have developed 4 townhouse & villa communities in JVC.