Villa Myra in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
The cap rate (rental yield) of investments into Villa Myra project is 4.6% on average.
The price of an apartment in Villa Myra is 10,307 AED/sqm on average.
The long term rent of an apartment in Villa Myra is 588 AED/sqm/year on average.
About Villa Myra
'Villa Myra' in 'Jumeirah Village Circle' area project description
Villa Myra is a completed five-story residential apartment building in District 15 of Jumeirah Village Circle (JVC), Dubai, specifically within Al Barsha South Fourth. This family-friendly mid-rise development offers studios, 1-, 2-, and 3-bedroom apartments, along with duplexes and triplexes, surrounded by landscaped gardens.
Construction finished in January 2015, with no specific start date recorded in available data. The developer is G&G Partners.
The architecture features a modern mid-rise design with five stories, emphasizing spacious layouts suitable for families. Units include premium options up to 3347 sqft, with facilities integrated for convenience.
Amenities comprise a swimming pool, gymnasium, car parking, and 24-hour security, creating a secure and recreational environment.
Its prime location in JVC provides easy access to urban conveniences. JVC is a vibrant master-planned community with parks, schools, and retail nearby. Top-rated schools like JSS International School (1.0 km away), Sunmarke School (1.3 km), Nord Anglia International School Dubai (Outstanding rating), and Dubai British School Emirates Hills (Outstanding rating) are in close proximity. Driving times include 20 minutes to Dubai Mall, 14 minutes to Palm Jumeirah, 16 minutes to Burj Al Arab, 18 minutes to The Walk JBR, 25 minutes to Dubai International Airport (DXB), and 33 minutes to Al Maktoum International Airport. Dozens of retail outlets, restaurants, hotels (nearest 0.6 km), and entertainment options are within walking distance.
To reach the beach, such as JBR Beach or Palm Jumeirah beaches, drive approximately 14-18 minutes via Al Khail Road or Sheikh Zayed Road, connecting directly to coastal areas.
Nearby projects include Oxford Boulevard (completed May 2018), Binghatti Rose (completed), Belgravia 3 in Seasons Community (260 units, completed Dec 2022), Mulberry Park (17 units, completed Dec 2012), Orchid Park (completed), Villa Pera (completed), Eaton Place (110 units, completed Jun 2019), Grand Paradise I (completed), Grand Paradise II (off-plan), and National Bonds Residence (off-plan). These developments enhance JVC's diverse residential landscape.
The JVC area supports a dynamic market with ongoing transactions, including 223 sale records per Dubai Land Department data, reflecting sustained activity in this established community.