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Magnolia 1, JVC

Magnolia 1, JVC

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Strengths

Modern amenities

Strategic location

Spacious apartments

Weakens

Limited parking space

Noise levels

High maintenance fees

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Description

Magnolia 1, JVC

Real Estate Overview

Building Overview

  • Magnolia 1 is a stunning residential building located in the vibrant Jumeirah Village Circle (JVC), a popular community in Dubai. The area is known for its well-planned layout and abundant greenery.
  • The building is conveniently situated near essential amenities, including supermarkets, schools, and parks, making it ideal for families and professionals alike.
  • JVC is well-connected to public transportation, with easy access to major roads, enhancing connectivity to various parts of Dubai.

Properties Overview

  • Magnolia 1 features a range of residential units, including 1, 2, and 3-bedroom apartments, catering to different lifestyles and budgets.
  • In terms of pricing, rental rates range from AED 45,000 to AED 90,000 annually, while purchase prices for units typically fall between AED 650,000 and AED 1.5 million, depending on size and floor plans.

Market Trends

  • The real estate market in JVC has seen a steady growth in demand, with a year-on-year increase in rental yields, averaging around 6-8%.
  • As more amenities and infrastructure developments emerge in the area, property values are expected to appreciate, making Magnolia 1 a prime investment opportunity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby facilities include popular supermarkets such as Carrefour and Spinneys, educational institutions like JSS International School, and medical services at nearby clinics and pharmacies.

Transportation and Accessibility

  • The building enjoys straightforward access to major highways, and multiple bus routes serve JVC, ensuring easy commutes to key business districts and attractions across Dubai.
  • Ample parking space is available for residents and guests.

Lifestyle Amenities

  • Residents benefit from a variety of lifestyle amenities including modern fitness centers, swimming pools, restaurants, and cafes, enhancing the community experience.
  • The nearby Al Khail Avenue and Circle Mall offer diverse retail and dining options.

Builing Facilities

  • Magnolia 1 is equipped with state-of-the-art facilities such as high-speed elevators, 24/7 security services, and maintenance support, ensuring a safe and comfortable living environment.

Special Services

  • The building features concierge services, providing assistance with deliveries, reservations, and other requests to enhance residents' lifestyles.

Planning Your Move or Investment

Floor Plans and Property Types

  • A selection of well-designed floor plans is available, including open-concept living spaces and balconies with stunning views, suitable for various preferences and requirements.

Things to Consider

  • Prospective tenants and buyers should assess their needs based on location, amenities, and budget, while also considering the long-term investment potential of the property.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents frequently engage in community events and social gatherings organized within the building and surrounding areas, fostering a sense of community and connecting neighbors.

Community Identity

  • Magnolia 1 is distinguished by its contemporary architecture and vibrant atmosphere, designed to promote a balanced lifestyle that blends comfort and modernity.

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Detailed Buiding Insights

1. Family Friendliness

Magnolia 1 is known for its vibrant family-oriented activities, including playgrounds and community events. The presence of schools nearby adds to its appeal for families.

Exceptionally Welcoming

2. Living Options

The community offers a wide range of living options, from affordable apartments to luxurious villas, catering to various family sizes and preferences.

Broadly Diverse

3. Safety And Security

Residents have reported a strong sense of security due to the presence of 24/7 security personnel and CCTV surveillance throughout the area.

Remarkably Secure

4. Transportation

While the community is reasonably well-connected by public transport, some residents may find the options limited during off-peak hours.

Moderately Convenient

5. Amenities And Facilities

Magnolia 1 boasts a variety of amenities including parks, sports facilities, pools, and shops, providing residents with plenty of choices for leisure and recreation.

Richly Equipped

6. Cost Of Living

Housing prices in Magnolia 1 are competitive for the area, providing good value, but some amenities can be slightly pricey. Overall, it balances well with local income levels.

Relatively Balanced

7. Things To Do

The area offers a mix of cultural, recreational, and entertainment options, including local restaurants, shopping areas, community events, and parks, ensuring there's always something to engage in.

Vibrantly Diverse

8. Noise Levels

While the community does experience some noise from nearby roads, residential areas are designed with noise reduction in mind, making it a peaceful place to live.

Generally Peaceful

9. Pet Friendliness

Magnolia 1 is very pet-friendly, featuring several parks for pets and pet-loving residents, with many nearby pet services available.

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:

202K AED - 377.3K AED

Rent:

22.2K AED - 33.5K AED

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