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Park View Residence, JVC

Park View Residence, JVC

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Strengths

Prime Location

Modern Amenities

Community Environment

Weakens

High Demand

Traffic Congestion

Limited Parking

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Description

Park View Residence, JVC

Real Estate Overview

Building Overview

  • Park View Residence is situated in the vibrant Jumeirah Village Circle (JVC) area, known for its community-centric atmosphere and accessible amenities.
  • The building boasts proximity to major landmarks, shopping malls, and leisure facilities, making it an attractive option for both residents and investors.
  • With easy access to public transportation and major roadways, residents can enjoy convenient travel to various parts of Dubai.

Properties Overview

  • The residence features a variety of living options, including one, two, and three-bedroom apartments, catering to diverse lifestyle preferences.
  • Current rental prices range from AED 50,000 to AED 130,000 per year, depending on the size and amenities of the unit.
  • Sale prices for units vary, with popular listings often attracting keen interest from buyers, particularly in the current market.

Market Trends

  • In the past year, rental prices in JVC have shown a steady increase, with average returns on investment (ROI) hovering around 7-8% which makes it an appealing location for property investors.
  • Sales trends indicate a healthy demand, with many units being snapped up quickly due to competitive pricing and the area's growth potential.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a range of essential services, including nearby supermarkets, schools offering international curricula, and healthcare facilities such as clinics and hospitals.

Transportation and Accessibility

  • The building offers excellent public transport connections, with bus routes and upcoming metro lines enhancing accessibility.
  • Ample parking is available for residents and visitors, ensuring convenience for car owners.

Lifestyle Amenities

  • Residents can enjoy various lifestyle amenities, including fitness centers, swimming pools, parks, restaurants, and cafes that contribute to a vibrant community life.

Builing Facilities

  • Park View Residence is equipped with modern facilities, including high-speed elevators, 24/7 security services, central air conditioning, and routine maintenance for peace of mind.

Special Services

  • Additional services such as concierge support, guest services, and a business center cater to both residents and visitors, enhancing their living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available, ensuring suitability for singles, families, and investors alike.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to amenities, future development plans in JVC, and overall community vibe before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Park View Residence hosts regular social events, fostering a community atmosphere among residents, including holiday celebrations, fitness classes, and movie nights.

Community Identity

  • The distinctive architecture and commitment to community engagement set Park View Residence apart, enhancing its appeal for quality living in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Park View Residence features spacious apartments and amenities that cater to families, including playgrounds and family-friendly community events, making it a nurturing environment for children.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including 1, 2, and 3-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area is equipped with 24/7 security services and surveillance, providing residents with peace of mind concerning their safety.

Remarkably Secure

4. Transportation

While there are accessible public transportation options nearby, residents may benefit from having a personal vehicle for optimal convenience.

Moderately Convenient

5. Amenities And Facilities

Park View Residence boasts a wealth of amenities including swimming pools, gyms, and community halls, enhancing residents' lifestyles and social activities.

Richly Equipped

6. Cost Of Living

Living costs in Park View Residence are competitive, offering good value for the spacious accommodations and amenities compared to other nearby communities.

Relatively Balanced

7. Things To Do

Residents enjoy a range of leisure activities, including parks, cafes, and cultural events within walking distance, ensuring that there's always something to do.

Vibrantly Diverse

8. Noise Levels

The community maintains a tranquil atmosphere with minimal noise disturbances from traffic and nightlife, making it a serene place to live.

Generally Peaceful

9. Pet Friendliness

Pet-friendly policies and nearby parks make it easy for residents to enjoy life with their furry companions, fostering a welcoming environment for pets.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

242.7K AED - 377.5K AED

Rent:

24.6K AED - 34.4K AED

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