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The Jumeirah Village Circle is also home to several retail shops that are popular with residents and tourists. If you are thinking of setting up a business in Dubai, the Jumeirah Village Circle is an ideal location to consider.
The area is extremely popular with tourists and locals alike. It means there is a high demand for retail space in the area. Moreover, it is well-connected to the rest of Dubai, which makes it ideal for businesses that rely on foot traffic. Keep reading to learn more about the retail shops for sale in Jumeirah Village Circle!
What Types of Retail Shops are in Jumeirah Village Circle?
There is something for everyone in terms of types of retail shops in JVC. You can find retail spaces suitable if you want to start a convenience store or groceries shop. Plenty of apparel stores such as clothing boutiques and shoe stores, are scattered around the area. Additionally, if you're looking for something more specialized, like an electronic device store, several outlets within JVC also cater to this market. You can take interior fit-out services for an amazing appearance for your business.
Those who need large commercial spaces with lots of foot traffic could opt for anchor stores such as departmental stores or even shopping malls with multiple outlets and entertainment areas like cinemas. Those who wish to go into the restaurant business can find small eateries and full-sized restaurants that provide outdoor seating areas.
What are the Sale Price Trends for Retail Shops in Jumeirah Village Circle?
The sale price trends of retail shops in Jumeirah Village Circle are constantly evolving. With the changing needs and demands of businesses, the prices of retail shops in this area have fluctuated over the years. In order to stay competitive, buyers and sellers need to stay updated about the latest trends in this region.
There is a positive trend for retail shops for sale in Jumeirah Village Circle. The prices of these properties have been increasing steadily over the past few months due to increased demand from investors looking to capitalize on the booming real estate market in Dubai. Currently, the average asking price for a retail shop in Jumeirah Village Circle starts from AED 1 million, with larger units commanding prices as high as AED 3 million or more depending on location and other factors.
It is also worth noting that several attractive financing options are available for those looking to purchase property in Jumeirah Village Circle. Many banks offer attractive interest rates and payment plans, making it easier for buyers to secure their dream property without a large upfront investment. This makes buying property in this area even more attractive and accessible.
What are the best business opportunities in Jumeirah Village Circle?
With its strategic location, Jumeirah Village Circle is an attractive option for businesses looking to set up shop. The area offers many business opportunities, such as restaurants, cafes, convenience stores and other retail shops. As the area continues to grow in popularity with residents and visitors alike, more businesses have been attracted to the area – providing entrepreneurs with an ideal opportunity to capitalize on the growing demand.
Cafes are particularly popular in Jumeirah Village Circle due to the diverse population and mix of residential and commercial properties. Offering a range of delicious food options worldwide, cafes are a great way for prospective business owners to capitalize on the diversity of JVC's population. With plenty of potential customers within walking distance, it's easy for cafe owners to attract locals and tourists.
The growth in residential areas has also created several excellent opportunities for convenience stores in JVC. From grocery stores to pharmacies and other general merchandise retailers, there is no shortage of options for those looking to open their stores. With proximity to residential areas and plenty of foot traffic from tourists, convenience stores offer an ideal opportunity for entrepreneurs who want to tap into this bustling market.
What are the Reasons for Investing in Jumeirah Village Circle?
Investing in Jumeirah Village Circle (JVC) is an attractive option for entrepreneurs and investors. The area offers a variety of business opportunities, with retail shops being particularly popular. Here are some of the reasons why you should consider investing in retail shops in Jumeirah Village Circle:
- Prime Location
- Attractive Prices
- Increasing Demand
- Diverse Population
- Abundant Opportunities
What are the Top Buildings for Retail Shops in Jumeirah Village Circle?
When purchasing retail shops in Jumeirah Village Circle, the top buildings that offer the most lucrative opportunities for investors are those located near the popular Dubai Marina and Al Barsha areas. These buildings offer a unique combination of prime location, attractive price points and a variety of business opportunities.
- The Crystal Residence
- The Emirates Crown
- Imperial Residence