Emirates Garden 2 - Magnolia in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Emirates Garden 2 - Magnolia

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	47	691	32,500
1	91	737	67,400

The cap rate (rental yield) of investments into Emirates Garden 2 - Magnolia project is 9.8% on average.

The price of an apartment in Emirates Garden 2 - Magnolia is 7,234 AED/sqm on average.

The long term rent of an apartment in Emirates Garden 2 - Magnolia is 733 AED/sqm/year on average.

Rent for Studio apartment in Emirates Garden 2 - Magnolia is 32,500 AED or 691 AED/sqm.
Rent for 1 bedroom apartment in Emirates Garden 2 - Magnolia is 67,400 AED or 737 AED/sqm.

About Emirates Garden 2 - Magnolia

'Emirates Garden 2 - Magnolia' in 'Jumeirah Village Circle' area project description

Emirates Garden 2 - Magnolia is a notable residential project located in the thriving neighborhood of Jumeirah Village Circle (JVC) in Dubai. This development by Damac Properties is part of a larger complex, Emirates Garden 2, which also includes two other buildings named Maple and Mulberry. Magnolia distinguishes itself with its Mediterranean architectural design, characterized by warm and inviting aesthetics that contribute to a comfortable and serene living environment.

The project comprises studio, one-bedroom, and two-bedroom apartments, catering primarily to professionals, couples, and small families. Each unit within Magnolia is thoughtfully designed to maximize space and functionality while maintaining a high standard of modern living. The interiors are fitted with high-quality materials and finishes, ensuring both aesthetics and durability. Balconies offer residents the benefit of additional outdoor space where they can enjoy views of the community and the lush greenery that surrounds the development.

One of the significant advantages of Emirates Garden 2 - Magnolia is its strategic location within Jumeirah Village Circle. JVC is renowned for its family-friendly atmosphere, featuring a mix of residential, retail, and leisure amenities. The community is carefully planned to provide a balanced lifestyle, with numerous parks, schools, and healthcare facilities within easy reach. Residents of Magnolia also benefit from the array of restaurants, cafes, shops, and recreational options available within and around JVC.

The amenities within Emirates Garden 2 - Magnolia further enhance the living experience. With facilities such as a swimming pool, a fully-equipped gym, and landscaped gardens, residents have ample opportunities for relaxation and recreation without leaving the comfort of their home environment. Dedicated play areas for children and 24/7 security add to the safety and convenience, making it an attractive choice for families.

Transportation from Magnolia is another convenience, given the proximity to major road networks like Sheikh Mohammed Bin Zayed Road and Al Khail Road. These connections facilitate easy access to other key areas of Dubai, including business hubs such as Dubai Media City, Dubai Internet City, and Jebel Ali Free Zone. Public transportation is also readily available, with several bus routes operating within JVC and connecting to the wider city.

Overall, Emirates Garden 2 - Magnolia presents a blend of modern convenience, elegant design, and strategic location, making it a desirable choice for both homeowners and investors. Its balance of practical amenities and aesthetic appeal contributes to the dynamic yet peaceful lifestyle that Jumeirah Village Circle aims to offer its residents.

Q&A on Emirates Garden 2 - Magnolia

What are the advantages of 'Emirates Garden 2 - Magnolia' project in Dubai for property buyers? What are the disadvantages?

### Advantages of 'Emirates Garden 2 - Magnolia' in Jumeirah Village Circle (JVC):

1. Strategic Location:
- Central location in JVC, offering easy access to key areas like Dubai Marina, Dubai Internet City, and Downtown Dubai.
- Proximity to major roads such as Al Khail Road and Sheikh Mohammed Bin Zayed Road, ensuring smooth connectivity.

2. Affordable Pricing:
- Generally more affordable compared to similar developments in trendier areas like Dubai Marina or Downtown Dubai, making it attractive for both first-time buyers and investors.

3. Community Living:
- Family-friendly with numerous parks, schools, and community centers nearby.
- Developments within JVC include retail outlets, supermarkets, and dining options, providing a self-sustained lifestyle.

4. Amenities:
- The project boasts a range of amenities including swimming pools, fitness centers, landscaped gardens, and children's play areas.
- Secure and well-maintained environments with 24/7 security.

5. Potential for Appreciation:
- JVC is an evolving community with ongoing developments, which could lead to property value appreciation over time.

6. Developer Reputation:
- Developed by DAMAC Properties, a well-known and reputable real estate developer in Dubai.

### Disadvantages:

1. Construction and Traffic:
- Ongoing construction in JVC can be a downside due to noise, dust, and potential traffic congestion.
- As an evolving community, some infrastructure and amenities might still be under development.

2. Limited Public Transport:
- Public transportation options are relatively limited compared to more established areas like Downtown Dubai and Dubai Marina.
- Dependence on personal vehicles or ride-hailing services for commuting.

3. Potential Over-Supply:
- The rapid development and high number of projects within JVC may lead to property oversupply, potentially affecting rental yields and capital appreciation.

4. Community Appeal:
- JVC is known more for its affordability than luxury. Buyers looking for high-end, prestigious communities might find JVC less appealing compared to areas like Palm Jumeirah or Business Bay.

5. Maintenance Fees:
- Service and maintenance fees in some developments can be high, impacting overall cost of ownership.
- Quality of facilities and maintenance can vary between buildings, potentially affecting long-term living experience.

Evaluating both the advantages and disadvantages can help prospective property buyers make a more informed decision about 'Emirates Garden 2 - Magnolia' in JVC.

What projects are better than 'Emirates Garden 2 - Magnolia' project in Dubai which are located close by, and why?

1. Five Jumeirah Village
- Developer Reputation: Developed by Five Holdings, known for their luxury and high-end offerings.
- Amenities: Includes a wide range of facilities like multiple swimming pools, a gym, spa, and numerous dining options.
- Unique Features: Offers innovative architecture with rotating design providing 360-degree views and ample outdoor spaces.

2. Belgravia by Ellington Properties
- Quality of Construction: Ellington Properties is known for its focus on quality and design, leading to superior finishes and craftsmanship.
- Community Feel: Features landscaped gardens and spacious communal areas aimed at fostering a strong sense of community.
- Design Aesthetics: Modern and minimalistic designs with an emphasis on functionality and aesthetics.

3. Zaya Hameni
- Wellness-Oriented: Emphasizes wellness with features like a therapeutic rooftop garden, a yoga retreat, and organic marketplace.
- Child-Friendly: Offers extensive child-friendly facilities including a play area and kids’ club.
- Sustainability Focus: Incorporates sustainable materials and designs intended to reduce environmental impact.

4. Signature Livings by Green Group
- Eco-Friendly: One of the first solar-powered residential buildings in the Middle East, promoting energy efficiency.
- Modern Design: Contemporary, sleek designs with smart home features integrated throughout.
- Premium Finishes: High-quality fixtures and fittings with attention to detail in every unit.

5. La Riviera Apartments
- Luxury Lifestyle: Emphasizes a luxury lifestyle with spacious units, designer fittings, and high-end amenities.
- Central Location: Centrally located within Jumeirah Village Circle for easy access to major roads and essential services.
- Comprehensive Amenities: Extensive amenities including a rooftop pool, gym, and BBQ area, catering to a variety of lifestyle needs.

These projects stand out for their enhanced amenities, superior construction quality, and unique features compared to 'Emirates Garden 2 - Magnolia'.

What are the closest schools to 'Emirates Garden 2 - Magnolia' project in Dubai?

- JSS International School: Located in Jumeirah Village Circle (JVC) itself, providing Indian curriculum (CISCE) education.
- Nord Anglia International School, Dubai: Located in Al Barsha South, this school offers the British curriculum.
- GEMS United School: Situated in Sports City, offering American curriculum education.
- Sunmarke School: Located in Jumeirah Village Triangle (JVT), offering both British and IB curriculum.
- Global Indian International School: Located in Al Barsha, offering the Indian (CBSE) curriculum.
- Dubai British School: Located in Emirates Hills, providing the British curriculum.
- Regent International School: Located in The Greens, offering British curriculum education.

These schools are relatively close to Emirates Garden 2 - Magnolia in Jumeirah Village Circle, offering various curricula to cater to different educational needs.

What are the closest medical clinics to 'Emirates Garden 2 - Magnolia' project in Dubai?

1. Mediclinic Me'aisem:
- Location: City Centre Me'aisem, Sheikh Mohammed Bin Zayed Road, IMPZ (Production City), Dubai.

2. Right Health Karama Medical Centre:
- Location: Ground Floor, Karama Building, JVC.

3. Your Health Clinic:
- Location: Jannah Place Villas, Jumeirah Village Circle, Dubai.

4. Aster Clinic, JVC:
- Location: Prime Business Centre, Shop No 6, Jumeirah Village Circle, Dubai.

5. Prime Medical Center Barsha Heights:
- Location: I-rise Tower, Ground Floor, TECOM, Dubai.