The Square in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in The Square

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	37	14,692	537,500
1	89	10,158	907,500

Rents in The Square

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	48	1,022	49,454
1	75	890	66,584

The cap rate (rental yield) of investments into The Square project is 8.2% on average.

The price of an apartment in The Square is 11,476 AED/sqm on average.

The long term rent of an apartment in The Square is 942 AED/sqm/year on average.

Price for completed Studio apartment in The Square is 537,500 AED or 14,692 AED/sqm.
Price for completed 1 bedroom apartment in The Square is 907,500 AED or 10,158 AED/sqm.

Rent for Studio apartment in The Square is 49,454 AED or 1,022 AED/sqm.
Rent for 1 bedroom apartment in The Square is 66,584 AED or 890 AED/sqm.

About The Square

'The Square' in 'Jumeirah Village Circle' area project description

The Square is an ambitious, multi-billion dollar project located in the heart of Dubai, UAE. The project is a mixed-use development that will feature a variety of residential, commercial, and leisure amenities. It is being developed by Emaar Properties, one of the largest real estate developers in the world.

The Square will be located in the heart of Downtown Dubai, a vibrant district that is home to some of the city’s most iconic landmarks, including the Burj Khalifa, the world’s tallest building. The project will span an area of approximately 3.5 million square feet and will feature a mix of residential and commercial spaces, as well as leisure and entertainment facilities.

The Square will be home to a variety of residential units, ranging from luxury apartments to townhouses and villas. The development will also feature a variety of commercial spaces, including offices, retail outlets, and restaurants. Additionally, the project will include a range of leisure and entertainment facilities, such as a cinema, a bowling alley, and a water park.

The Square will also feature a number of green spaces, including a park, a jogging track, and a cycling track. The development will also include a range of public amenities, such as a library, a community center, and a mosque.

The Square is expected to be completed by 2022 and will be one of the most iconic developments in the city. The project is set to become a major hub for business, leisure, and entertainment in Dubai, and will provide a unique living experience for its residents. The Square is an ambitious project that is sure to make a lasting impact on the city of Dubai.

Q&A on The Square

What are the advantages of 'The Square' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: The Square project offers buyers an opportunity to purchase real estate at an affordable price. This makes it an attractive option for those looking to invest in the Dubai real estate market.

2. Prime Location: The Square is located in the heart of Dubai, close to many of the city’s attractions. This makes it an ideal location for those looking to be close to the action.

3. High Quality: The Square project is designed to the highest standards, offering buyers a luxurious living experience.

4. Amenities: The Square offers a range of amenities to its residents, including a swimming pool, gym, and shopping center.

5. Security: The Square project is highly secure, with 24-hour security and CCTV surveillance. This ensures that residents feel safe and secure in their homes.

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

1. Five Jumeirah Village:
- Unique Architecture: Featuring a rotating design that ensures panoramic views of Dubai’s skyline.
- Luxury Amenities: Includes private pools, landscaped gardens, and high-end wellness facilities.
- Hospitality Services: Operated by the renowned FIVE Hotels and Resorts, offering premium hospitality services.

2. Belgravia Heights I by Ellington Properties:
- High-Quality Interiors: Exceptional craftsmanship and sophisticated design with open-plan layouts.
- Community Focus: Emphasis on communal spaces such as art centers, fitness studios, and kids' play areas fostering a family-friendly atmosphere.
- Trusted Developer: Ellington Properties is known for its commitment to quality and timely completion.

3. Bloom Heights:
- Strategic Location: Well-placed within Jumeirah Village Circle, offering easy access to key road networks.
- Comprehensive Facilities: Features include two swimming pools, a jogging track, and a multipurpose hall.
- Affordable Luxury: Combines high-quality finishes with a more accessible price point compared to other luxury developments.

4. Signature Livings by Green Group:
- Sustainability: Dubai’s first solar-powered residential development, focusing on energy-efficient living.
- Innovative Design: Modern and eco-friendly architectural approach packed with smart home technology.
- Boutique Experience: Low-rise structure providing an exclusive and private residential environment.

5. Astoria Residence:
- Family-Oriented: Design focusing on family needs with spacious apartments and thoughtful amenities.
- Lifestyle Integration: Fitness center, swimming pool, and daycare facilities enhance convenience for residents.
- Proven Performance: Delivered and well-maintained with a positive track record in property management.

6. La Riviera Apartments:
- Functional Design: Efficient use of space with an emphasis on modern living and comfortable layouts.
- Amenities and Connectivity: Rooftop infinity pool, modern fitness center, and good connectivity to Dubai’s major hubs.
- Competitive Pricing: Offers good value for money compared to some high-end projects in the vicinity.

Each of these projects stands out due to a combination of innovative design, exceptional amenities, and strategic location, making them notable alternatives to 'The Square' in the Jumeirah Village Circle area.