Nargis Residence, JVC

Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern architecture

Excellent amenities

Strategic location

Weakens

High maintenance fees

Noise levels

Limited parking space

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Strengths

Modern architecture

The building features contemporary design that appeals to modern aesthetics.

Excellent amenities

Residents have access to a well-equipped gym, pool, and recreational areas.

Strategic location

Located at Jumeirah Village Circle, it offers easy access to major roads and facilities.

Weaknesses

High maintenance fees

Monthly fees can be on the higher side compared to similar properties in the area.

Noise levels

Residents have reported noise disturbances from nearby construction and traffic.

Limited parking space

Parking availability can be challenging during peak hours.

Considerations

Future development in the area

Potential new projects may increase traffic and noise, affecting living conditions.

Proximity to schools

Consider availability of nearby educational institutions if you have children.

Community vibe

Evaluate if the local community aligns with your lifestyle and social preferences.

Buildign Overview

Summary

Nargis Residence is a modern residential building located in the vibrant Jumeirah Village Circle (JVC), offering a balanced lifestyle with a blend of urban living and green spaces.
The building is located near key amenities such as parks, shopping centers, and restaurants, enhancing the living experience for its residents.
Public transportation options are accessible, making commuting easy, while key landmarks such as Dubai Marina and Mall of the Emirates are just short drives away.

Properties Overview

The building features a mix of one, two, and three-bedroom apartments, catering to a diverse range of residents.
Rental prices for one-bedroom units typically range from AED 45,000 to AED 60,000 per year, while two-bedroom apartments can be found from AED 70,000 to AED 90,000.
For potential buyers, prices for these units usually start around AED 800,000, depending on size and floor level.

Market Trends

Recent reports indicate a steady increase in rental demand within JVC, with an average rental yield of around 7% for investors.
Sales prices in Nargis Residence have shown a moderate increase over the past year, reflecting a growing interest in the JVC area, particularly among young professionals and families.
Market expectations suggest continued growth in both rental and sale prices, driven by infrastructure developments and increased demand.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to top-tier amenities including supermarkets like Carrefour, schools such as JVC Academy, and healthcare facilities including Mediclinic.
There are also various parks and recreational areas within walking distance, catering to families and fitness enthusiasts.

Transportation and Accessibility

JVC is well-connected with public transportation options, including bus routes and the nearby Dubai Metro Station.
The building also offers sufficient parking spaces for residents and visitors, ensuring ease of access.

Lifestyle Amenities

Lifestyle amenities include well-equipped gyms, rooftop pools, cafes, and walking trails around JVC, providing a vibrant community vibe.
Residents can enjoy nearby dining options featuring a variety of cuisines, enhancing the community feel.

Builing Facilities

Nargis Residence is equipped with modern facilities, including high-speed elevators, 24-hour security, central air conditioning, and regular maintenance services.
The building's architecture and design focus on creating a seamless living experience for all residents.

Special Services

Unique offerings such as a concierge service, property management support, and community-focused events promote a sense of belonging among residents.
Business centers and lounge areas within the building provide spaces for work and leisure.

Planning Your Move or Investment

Floor Plans and Property Types

Nargis Residence offers various floor plans, including open-concept living and dining areas, spacious bedrooms, and modern kitchen layouts.
Potential tenants and buyers can choose from different configurations to suit their lifestyle needs.

Things to Consider

Key considerations for renters and buyers include understanding community rules, evaluating the commuting distance, and assessing the amenities offered.
It's recommended to visit the property and explore the neighborhood before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

Nargis Residence hosts regular community events, fostering a close-knit neighborhood through social gatherings and activities.
Events such as seasonal celebrations and community meet-ups create opportunities for residents to connect and engage.

Community Identity

What sets Nargis Residence apart is its commitment to creating a vibrant, family-friendly environment combined with modern living amenities.
The building’s design reflects contemporary architecture while promoting a sense of community and belonging.

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Detailed Buiding Insights

1. Family Friendliness

Nargis Residence is known for its strong sense of community, with many family-oriented events and facilities such as playgrounds and parks nearby, making it a great place for families.

Exceptionally Welcoming

2. Living Options

The community offers a variety of apartment sizes and layouts suitable for different family sizes and preferences, catering to both small and larger households.

Broadly Diverse

3. Safety And Security

With 24/7 security, CCTV surveillance, and controlled access points, Nargis Residence provides a highly secure living environment for its residents.

Remarkably Secure

4. Transportation

The area has good connectivity to public transportation and major routes, but traffic during peak hours can lead to delays, which is a consideration for commuters.

Moderately Convenient

5. Amenities And Facilities

Nargis Residence boasts a wide range of amenities, including gyms, swimming pools, parks, and community centers, enhancing the quality of life for its residents.

Richly Equipped

6. Cost Of Living

While housing prices are slightly above average for JVC, the variety of amenities and quality of life justify the costs, making it a valuable investment.

Relatively Balanced

7. Things To Do

The community is close to shopping areas, restaurants, and recreational spots, providing residents with numerous options for leisure activities and socializing.

Vibrantly Diverse

8. Noise Levels

Most residents report low levels of noise at Nargis Residence, contributing to a calming living environment, though some noise can occasionally come from nearby streets.

Generally Peaceful

9. Pet Friendliness

The community allows pets and features pet-friendly amenities such as dog parks, making it a great choice for pet owners.

Warmly Accommodating

Schools

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Key Information

Building Type: Residential

Building Age: 5 years(Date of completion: 2019)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 6

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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