Dezire Residences in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Dezire Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	80	9,998	800,000

Rents in Dezire Residences

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	42	971	40,600
1	65	887	57,727
2	103	823	84,560

The cap rate (rental yield) of investments into Dezire Residences project is 8.5% on average.

The price of an apartment in Dezire Residences is 9,998 AED/sqm on average.

The long term rent of an apartment in Dezire Residences is 852 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Dezire Residences is 800,000 AED or 9,998 AED/sqm.

Rent for Studio apartment in Dezire Residences is 40,600 AED or 971 AED/sqm.
Rent for 1 bedroom apartment in Dezire Residences is 57,727 AED or 887 AED/sqm.
Rent for 2 bedroom apartment in Dezire Residences is 84,560 AED or 823 AED/sqm.

About Dezire Residences

'Dezire Residences' in 'Jumeirah Village Circle' area project description

Dezire Residences is a remarkable residential project situated in the sought-after Jumeirah Village Circle (JVC) area of Dubai, known for its family-friendly environment and luxurious living. Developed by Bluechip Developments, this project is designed to cater to the discerning tastes of modern residents by offering an ideal blend of comfort, style, and convenience. The architecture of Dezire Residences reflects contemporary aesthetics, with state-of-the-art facilities and high-quality finishes that promise to elevate the living experience.

The building encompasses various apartment configurations, including studio, one-bedroom, and two-bedroom units, catering to a wide spectrum of potential homeowners and investors. Each unit in Dezire Residences is meticulously designed, featuring open-plan layouts that maximize space and natural light. The apartments come equipped with modern kitchens, complete with premium fixtures and fittings, as well as stylish bathrooms and spacious living areas. Balconies provide an added touch of luxury, offering views of the vibrant JVC community and Dubai's iconic skyline.

A significant highlight of Dezire Residences is its array of amenities, thoughtfully incorporated to enhance the lifestyle of its residents. The project boasts a temperature-controlled swimming pool, a fully equipped gym, and dedicated areas for children, ensuring options for fitness and relaxation right at home. Additionally, residents can enjoy landscaped gardens and serene outdoor spaces, perfect for social gatherings or quiet reflection.

Security and convenience are paramount at Dezire Residences. The property features 24-hour security services, including CCTV surveillance, ensuring a safe and secure environment for all residents. For added convenience, ample parking space is provided, along with high-speed elevators and a welcoming lobby area.

Its strategic location in Jumeirah Village Circle offers residents easy access to essential services and entertainment hubs. JVC is well-connected to major highways like Sheikh Mohammed Bin Zayed Road and Al Khail Road, facilitating smooth commutes to key areas including Downtown Dubai, Dubai Marina, and Dubai International Airport. Proximity to shopping centers, schools, healthcare facilities, and recreational spots further enhances the appeal of living in Dezire Residences.

Dezire Residences stands out as a premier choice for individuals and families seeking a sophisticated, comfortable, and vibrant living experience in one of Dubai's most dynamic communities. Its strategic location, coupled with top-notch amenities and stylish living spaces, makes it a desirable investment for residents and investors alike.

Q&A on Dezire Residences

What are the advantages of 'Dezire Residences' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Dezire Residences' in Jumeirah Village Circle:

1. Strategic Location: Situated in Jumeirah Village Circle (JVC), it offers easy access to major highways like Sheikh Mohammed Bin Zayed Road, making commutes to key areas like Downtown Dubai, Dubai Marina, and Palm Jumeirah relatively smooth.

2. Affordable Pricing: Compared to other parts of Dubai, properties in JVC typically come at a lower price per square foot, making it an attractive option for budget-conscious buyers.

3. Community Amenities: JVC is designed to be self-sustained with parks, schools, healthcare facilities, and retail hubs, making it convenient for residents.

4. Modern Design: 'Dezire Residences' boasts contemporary architectural design and high-quality interior finishes, catering to modern lifestyle preferences.

5. Potential for ROI: JVC is considered to have strong rental demand due to its central location and amenities, potentially offering good rental yields for investors.

6. Family-Friendly Environment: The project and the locality have numerous parks and recreational areas, creating a welcoming environment for families with children.

7. Developer Reputation: Developed by reputable developers can often mean better build quality, timely project completion, and ongoing property management services.

8. Community Growth: JVC is one of the fastest-growing areas in Dubai, with continuous development ensuring long-term growth and infrastructure improvements.

9. Security: Gated communities and security features in 'Dezire Residences' add to the safety and peace of mind for residents.

10. Diverse Housing Options: The project offers various unit types, from studios to larger family-oriented apartments, catering to a wide range of buyer needs.

Disadvantages of 'Dezire Residences' in Jumeirah Village Circle:

1. Traffic Congestion: The area's popularity and ongoing construction can sometimes result in traffic congestion, especially during peak hours.

2. Construction Noise: Being a developing area, ongoing construction activities can cause noise and inconvenience.

3. Distance from Major Landmarks: While well-connected, JVC is still a distance away from Dubai’s primary landmarks like Burj Khalifa and Downtown Dubai, making frequent visits to these areas a bit cumbersome.

4. Limited Public Transportation: Although improving, the current public transportation options in JVC are not as extensive as in other more central Dubai locations.

5. Potential Over-Supply: Given the rapid development, there's a risk that too many new properties could come onto the market, potentially affecting property values and rental yields.

6. HOA Fees: High-quality living often comes with homeowner association (HOA) fees, which could add to the cost of living.

7. Limited Retail and Dining Options: Compared to more established areas, JVC has fewer retail and dining options, although this is gradually improving.

8. Resale Value Concerns: Due to the volume of new developments, resale values might not appreciate at the same rate as in more established neighborhoods.

9. Utility Costs: Depending on usage, utility costs in Dubai can be quite high, and this should be factored into the overall cost of ownership.

10. Limited Public Spaces: Some may find that the public spaces and parks in JVC are not as expansive or numerous as in other developed communities.

These points can help property buyers weigh the pros and cons of investing in 'Dezire Residences' at Jumeirah Village Circle.

What projects are better than 'Dezire Residences' project in Dubai which are located close by, and why?

The Jumeirah Village Circle (JVC) area in Dubai has seen substantial development over the years, and there are several standout projects that might be considered superior to Dezire Residences based on various factors such as amenities, developer reputation, design, and community features. Here are a few notable projects:

### 1. Belgravia by Ellington Properties
Why it's better:
- Developer Reputation: Ellington Properties is renowned for its high-quality developments and attention to detail.
- Design & Architecture: Contemporary design with high-end finishes, spacious layouts, and a focus on wellness and community living.
- Amenities: Includes a swimming pool, fitness center, beautifully landscaped gardens, and children’s play areas.
- Lifestyle: Strong emphasis on creating a lifestyle community with engaging public spaces.

### 2. Five Jumeirah Village
Why it's better:
- Luxury Amenities: This project offers unique features like private pools in several apartments, a spa, and an array of dining options.
- Innovative Design: Its rotating design ensures maximum privacy and panoramic views for its residents.
- Brand Recognition: Part of the well-known FIVE Hotels and Resorts brand, which is synonymous with luxury and lifestyle living in Dubai.

### 3. Bloom Heights
Why it's better:
- Developer: Developed by Bloom Properties, recognized for their commitment to sustainable development.
- Facilities: Features state-of-the-art gym facilities, swimming pools, and a multi-purpose hall for events.
- Value for Money: Provides a range of apartment choices with modern designs at competitive prices, making it a great choice for both investors and end-users.

### 4. Signature Livings by Green Group
Why it's better:
- Sustainability: Marketed as the first solar-powered residential building in JVC, it focuses on sustainable living.
- Eco-Friendly Features: Includes features like energy-efficient lighting, water-saving fixtures, and recycling facilities.
- Modern Amenities: Offers high-end amenities such as rooftop infinity pools, yoga areas, and fully equipped gyms.

### 5. Oxford Residences by Iman Developers
Why it's better:
- Quality and Design: Focus on high-quality finishes and modern architectural design.
- Community Feel: Offers well-thought-out community spaces like landscaped gardens, BBQ areas, and social spaces.
- Smart Living: Equipped with smart home technology, providing modern conveniences to residents.

### 6. La Riviera Apartments
Why it's better:
- Family-Centric: Specifically designed with families in mind, offering spacious layouts and child-friendly amenities.
- High-End Finish: High-quality materials and finishes throughout the development.
- Amenities: Features like a temperature-controlled pool, BBQ deck, and recreational spaces.

### Important Considerations:
- Location: While all these projects are within JVC, proximity to key exits and entrances of the area can make a significant difference in daily commutes and accessibility.
- Developer History: Investigate the developer's reputation and history of delivering on promises in terms of project completion and quality.
- Community Vibe: Some developments may offer more of a community feel with social activities and interactive public spaces, which can be important depending on your lifestyle preference.

Ultimately, which project is best for you will depend on your personal priorities, whether they are luxury, sustainability, community, family-friendly amenities, or investment potential. It is recommended to visit these projects, if possible, to get a real feel of the environment and offerings.

What are the closest schools to 'Dezire Residences' project in Dubai?

1. JSS International School - Located within Jumeirah Village Circle itself.

2. Nord Anglia International School Dubai - Situated in Al Barsha, a short drive from Jumeirah Village Circle.

3. GEMS Founders School - Located in Al Barsha South, also a brief drive away.

4. Sunmarke School - Found in Jumeirah Village Triangle, close to Jumeirah Village Circle.

5. Arcadia School - Located in Jumeirah Village Triangle, near Jumeirah Village Circle.

What are the closest medical clinics to 'Dezire Residences' project in Dubai?

- Mediclinic Me'aisem: Located at City Centre Me'aisem, Production City.
- Right Health Karama Medical Center: Situated in Jumeirah Village Circle, near Circle Mall.
- Platinum Medical Centre: Positioned in Jumeirah Village Circle, District 12.
- Aster Clinic: Located in Al Barsha South, near JVC.
- HealthBay PHCC: Found in Motor City, a short drive from JVC.