Magnolia 2, JVC

Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern design and aesthetics

Proximity to amenities

Good community environment

Weakens

Limited parking space

Noise from nearby construction

Higher than average service charges

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Strengths

Modern design and aesthetics

The building features contemporary architecture with high-quality finishing.

Proximity to amenities

Located near shopping centers, schools, and parks, making it convenient for residents.

Good community environment

Offers a friendly neighborhood with various social activities.

Weaknesses

Limited parking space

Parking can be a challenge during peak hours, leading to inconvenience.

Noise from nearby construction

Ongoing construction in the area can be disruptive at times.

Higher than average service charges

Monthly maintenance fees are relatively high compared to similar buildings.

Considerations

Future development plans in the area

Stay informed about projected developments that may impact property value.

Accessibility to public transport

Evaluate the proximity of public transport options for ease of commuting.

Market trends in JVC

Consider the real estate market trends in Jumeirah Village Circle for investment decisions.

Buildign Overview

Summary

Magnolia 2 is a contemporary residential building situated in the coveted Jumeirah Village Circle (JVC) area, known for its vibrant community and family-friendly environment.
The building features easy access to essential amenities such as supermarkets, parks, and schools, making it an appealing choice for families and professionals alike.
With excellent connectivity to major road networks and public transportation, residents can travel seamlessly to nearby business hubs and entertainment districts.

Properties Overview

Magnolia 2 offers a diverse selection of apartments catering to both renters and buyers, with choices ranging from stylish studios to spacious three-bedroom units.
Rental prices typically range from AED 40,000 to AED 75,000 per year, while purchasing options can vary significantly, with sales prices for units generally between AED 700,000 and AED 1.5 million.

Market Trends

The real estate market in JVC has shown robust growth in both rental and sale prices over the past year, with an average rental yield of around 7-8%.
Future projections suggest continued interest in this area, driven by ongoing developments and an increasing demand for affordable housing options within Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to a range of nearby amenities, including supermarkets like Spinneys and Carrefour, as well as schools such as JSS International School and the British School.
Healthcare facilities, including hospitals and clinics, are conveniently located within a short drive, ensuring residents have access to quality medical services.

Transportation and Accessibility

Magnolia 2 is well-served by public transportation, with multiple bus routes nearby and easy access to the Dubai Metro.
Residents benefit from ample parking spaces, making it convenient for those who drive.

Lifestyle Amenities

The area boasts a wealth of lifestyle amenities, including gyms, pools, restaurants, and cafes, with the popular Circle Mall just a short distance away for shopping and dining.
Outdoor enthusiasts can enjoy parks and jogging tracks, contributing to a healthy lifestyle.

Builing Facilities

Magnolia 2 features modern facilities such as high-speed elevators, round-the-clock security, central air conditioning, and dedicated maintenance services.
Common areas are well-maintained, and residents can enjoy the landscaped gardens and recreational spaces.

Special Services

Additional services include concierge support and guest facilities, enhancing the living experience for both residents and visitors.
Business amenities like meeting rooms may also be available, catering to professionals working remotely.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of thoughtfully designed floor plans are available in Magnolia 2, accommodating various lifestyles and preferences.
Options range from efficient studio layouts to spacious three-bedroom homes, appealing to individuals, couples, and families.

Things to Consider

Potential tenants and buyers should consider factors such as proximity to schools, transport links, and local amenities when making their decision.
It's also advisable to evaluate community regulations and service charges to ensure alignment with budget and lifestyle expectations.

Useful FAQs and Support

Events and Building Life

Building Events

Magnolia 2 hosts regular events and social gatherings to foster a strong community spirit among residents, including seasonal celebrations and wellness workshops.
Building committees often organize communal activities, enhancing connections within the neighborhood.

Community Identity

The unique character of Magnolia 2 lies in its blend of modern design and community-focused amenities, setting it apart from other residential offerings in JVC.
A commitment to sustainability and community engagement is evident, making it an appealing choice for conscientious living.

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Detailed Buiding Insights

1. Family Friendliness

Magnolia 2 offers a family-friendly atmosphere with numerous parks and recreational areas. The community is known for its support of family activities, including play zones for children and close-knit neighborhood events.

Exceptionally Welcoming

2. Living Options

The community provides a range of housing options including apartments, townhouses, and villas, catering to various family sizes and preferences. This diversity makes it appealing to both singles and families.

Broadly Diverse

3. Safety And Security

Magnolia 2 prioritizes safety with well-lit streets, community patrols, and a network of security cameras. Residents frequently express a strong sense of security in their homes.

Remarkably Secure

4. Transportation

The community is well-connected to major thoroughfares and public transportation, making commuting relatively easy for residents. Proximity to key locations enhances its accessibility.

Conveniently Accessible

5. Amenities And Facilities

Residents have access to a wealth of amenities, including swimming pools, gyms, parks, and shopping areas. This extensive range supports a vibrant community lifestyle.

Richly Equipped

6. Cost Of Living

While the cost of living in Magnolia 2 is reasonable for the quality of life offered, some may find it slightly higher than nearby communities. However, it offers good value for the amenities provided.

Moderately Priced

7. Things To Do

The area boasts a mix of dining, entertainment, and cultural options. From family-friendly outings to nightlife, there's something for everyone, maximizing the community's livability.

Vibrantly Diverse

8. Noise Levels

Most areas within Magnolia 2 experience low noise levels, contributing to a tranquil living environment. Occasional noise from community events may occur but is typically minimal.

Generally Peaceful

9. Pet Friendliness

The community is well-suited for pet owners, featuring pet parks and pet-friendly policies in many residential areas. Residents are open and welcoming to pets, enhancing the sense of community.

Warmly Accommodating

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Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 14 years(Date of completion: 2010)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 5

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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