South Residences, Jumeirah Village Circle

Jumeirah Village Circle, Dubai

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Strengths

Spacious Apartments

Prime Location

Community Amenities

Weakens

Traffic Congestion

Limited Public Transport

Higher Maintenance Fees

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Strengths

Spacious Apartments

The apartments offer generous living spaces and modern layouts.

Prime Location

Located in Jumeirah Village Circle, it provides easy access to major roads and amenities.

Community Amenities

The building features various amenities, including a pool, gym, and parks.

Weaknesses

Traffic Congestion

During peak hours, traffic can get heavy in and around the area.

Limited Public Transport

Public transportation options are limited, which may inconvenience residents.

Higher Maintenance Fees

The maintenance fees can be higher compared to similar buildings in the area.

Considerations

Future Development

Future projects in the surrounding area may affect property value.

Family-Friendliness

The community is family-oriented with schools and parks nearby.

Investment Potential

Real estate in Jumeirah Village Circle is regarded as a good investment opportunity.

Buildign Overview

Summary

South Residences is an upscale residential building located in the vibrant community of Jumeirah Village Circle (JVC).
The building is strategically positioned close to major roads, facilitating easy access to key areas across Dubai.
Nearby amenities include parks, shopping centers, and dining options, making it an ideal location for both families and young professionals.
Compared to other nearby developments, South Residences offers a unique blend of affordability and luxury.

Properties Overview

The building features a variety of units, including modern studios, one-bedroom, and two-bedroom apartments.
Rental prices start from approximately AED 45,000 for studios, going up to AED 90,000 for two-bedroom units.
For buyers, sales prices range from AED 600,000 for studios to AED 1.3 million for larger units, making it an attractive investment opportunity.

Market Trends

In the past year, the rental market in JVC has experienced slight growth, with a current average rental yield reaching around 6%.
Sales trends have shown an steady increase, indicating a strong demand for residential properties.
Prospective investors can expect continued growth in property values as the community develops further.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents of South Residences benefit from access to various supermarkets, international schools, and healthcare facilities, including hospitals and clinics.
The community hosts multiple parks, providing green spaces for recreation and family activities.

Transportation and Accessibility

The building offers proximity to public transportation options, including bus stops and metro links.
With ample parking spaces available, residents enjoy convenient vehicle access, making commuting hassle-free.

Lifestyle Amenities

Onsite lifestyle amenities include a fully equipped gym, swimming pool, and landscaped gardens.
A variety of restaurants and cafes are within walking distance, enhancing the vibrant community lifestyle.

Builing Facilities

Key facilities include high-speed elevators, 24/7 security, central air conditioning, and reliable maintenance services.
The building is built with modern finishes and offers a welcoming ambiance to residents and visitors alike.

Special Services

Residents benefit from specialized services such as concierge support and guest services.
Business centers and communal spaces promote networking and community engagement for residents.

Planning Your Move or Investment

Floor Plans and Property Types

South Residences features diverse floor plans, accommodating a range of lifestyles and preferences.
Options include compact studios ideal for singles to spacious two-bedroom apartments suitable for families.

Things to Consider

Prospective renters and buyers should assess their budget, preferred living space, and long-term investment goals.
Consider the building's amenities and community features that align with lifestyle preferences.

Useful FAQs and Support

Events and Building Life

Building Events

Residents at South Residences often partake in community events, fostering a sense of camaraderie and belonging.
Regular gatherings may include social events, workshops, and holiday celebrations, enhancing the overall living experience.

Community Identity

What distinguishes South Residences is its community-oriented atmosphere combined with modern living standards.
The building reflects Dubai's multicultural lifestyle, appealing to a diverse resident base.

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Detailed Buiding Insights

1. Family Friendliness

South Residences offers a family-oriented environment with ample parks and play areas, making it ideal for families. The community fosters a strong sense of belonging with neighborly interactions.

Exceptionally Welcoming

2. Living Options

The community features a variety of residential options, ranging from apartments to townhouses. This diversity accommodates different family sizes and lifestyles while providing modern amenities.

Broadly Diverse

3. Safety And Security

The neighborhood boasts a reliable community security presence and surveillance systems that contribute to a strong sense of safety. Residents feel protected, enhancing overall peace of mind.

Remarkably Secure

4. Transportation

Public transportation in and around the area is satisfactory, with various options available. However, being slightly away from main thoroughfares can make commute times longer for some.

Moderately Convenient

5. Amenities And Facilities

South Residences comes with a well-rounded selection of amenities, including grocery stores, schools, and fitness centers. This ensures residents have most essential services within close proximity.

Richly Equipped

6. Cost Of Living

The cost of living in South Residences is competitive compared to nearby communities. Prices for housing and amenities align well with the quality of life provided, making it accessible for a broad range of residents.

Relatively Balanced

7. Things To Do

Residents enjoy an array of recreational and cultural activities, from parks to local events. Additionally, the vibrant social scene promotes engagement amongst residents of all ages.

Vibrantly Diverse

8. Noise Levels

The noise levels in South Residences are generally low, with quiet streets and well-placed buildings that help mitigate sound. This creates a calm atmosphere for residents.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly with ample green spaces for walks and playtime. Many residents have pets, and there are pet care facilities nearby, enhancing the living experience for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: MBAL

Building Type: Residential

Building Age: 5 years(completed in 2019)

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 23

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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