Iris Park is a residential community in Dubai’s bustling Jumeirah Village Circle (JVC) area. Developed by AB Properties, Iris Park is a collection of 15 townhouses that offer a unique blend of modern living and community charm. These townhouses are nestled within the vibrant neighborhood of JVC, specifically in District 15, and provide a serene and peaceful living experience.
Iris Park, AB Properties’ developers, is known for its successful projects in the JVC master community, such as Mulberry Park, Lotus Park, Valencia Park, Tulip Park, and Orchid Park. Construction of the residences began in 2008 and was completed in 2012. Since then, Iris Park has become a popular residential community in Dubai, offering its residents a range of amenities and facilities.
Iris Park is an ideal community for those who value peace and tranquility in a bustling city like Dubai. With its charming townhouses and serene surroundings, Iris Park offers a unique living experience that is hard to find elsewhere in the city. Iris Park is worth considering whether you are looking for a permanent residence or a vacation home.
Overview of Iris Park
Iris Park is a luxury residential development in Dubai’s Jumeirah Village Circle (JVC) area. It comprises villas and apartments, offering residents a range of options.
The villas in Iris Park are spacious and come in varying sizes, ranging from 2 to 4 bedrooms. These villas offer residents privacy and exclusivity, each featuring a private garden and garage. The apartments in Iris Park are equally impressive, with a range of 1 to 3-bedroom options available.
The development has a swimming pool, gym, and children’s play area.
Iris Park is in JVC, a popular residential area in Dubai known for its family-friendly environment and community feel. The location is well-connected, with easy access to major networks such as Sheikh Zayed Road and Al Khail Road.
Real Estate Market in JVC
Property Types and Listings
Jumeirah Village Circle (JVC) is a popular residential area in Dubai, known for its affordable properties and family-friendly environment. The most common property types in JVC are apartments, which account for around 60% of the total listings, followed by townhouses and villas.
There are currently over 2,000 properties available for sale in JVC, with prices ranging from AED 400,000 for a studio apartment to AED 15 million for a luxury villa.
Current Market Trends
The real estate market in JVC has been stable in recent years, with a steady increase in property demand. The rent for a one-bedroom apartment in JVC is around AED 50,000 per year, while a four-bedroom townhouse can be rented for around AED 150,000 per year.
The area has seen a surge in new developments in recent years, with several high-end projects, such as the Iris Park development, under construction.
Price Analysis
The price per square foot in JVC is around AED 800, which is relatively affordable compared to other areas in Dubai. The prices depend on the property’s location, size, and quality, with properties in prime locations commanding higher prices.
Overall, JVC is a popular choice for buyers and renters looking for affordable properties in a family-friendly environment.
Amenities and Facilities
Iris Park offers its residents a wide range of amenities and facilities, making it an ideal place to live. The community caters to the needs of families and individuals alike. Here are some of the amenities and facilities that Iris Park has to offer:
Essential Services
- Iris Park has a business center that provides a range of services to residents, including printing, scanning, and photocopying.
- The community also has a supermarket and several restaurants, making it easy for residents to get their daily essentials and enjoy meals with family and friends.
Living in Iris Park
Residential Experience
Iris Park in Jumeirah Village Circle Dubai offers a spacious and luxurious residential experience. The townhouse rows have a contemporary feel perfect for those looking for a modern living space. The rental properties are managed by the first collection, which ensures that tenants receive the highest level of service and attention.
The townhouses in Iris Park offer a range of property amenities, including free Wi-Fi, on-site restaurants, and lounges. The Village Bistro is a popular spot for residents to enjoy a meal or a drink, while the lounge is perfect for relaxing with friends or family. Valet parking is available for those who require airport transportation.
Community Lifestyle
Iris Park in Jumeirah Village Circle Dubai is a family-oriented community that offers a great lifestyle. It is pet-friendly, so residents can bring their furry friends with them when they move in.
The townhouses in Iris Park are perfect for those looking for a rental property that offers high comfort and luxury. The spacious living areas and modern amenities make these properties an excellent choice for families and individuals looking for a great place to call home.
Residents of Iris Park in Jumeirah Village Circle Dubai enjoy a comfortable and convenient lifestyle. The townhouses are managed by the first collection, which ensures that residents receive the highest level of service and attention. The community is also located in a great area close to a range of amenities and attractions.
Property Features
Interior and Design
Iris Park offers townhouses in different layouts, ranging from 3 to 4, with spacious bedrooms, built-in wardrobes, and en-suite bathrooms. The interiors of each unit are designed with a modern and luxurious touch, providing a comfortable living experience. The townhouses are fully furnished, with a beautiful living area, spacious attached terraces, and a maid’s room. The exteriors have been blended with natural warm tones and transcend seamlessly into the interior spaces, giving you an exceptional living experience. Each townhouse features three floors with stunning views of the community.
Safety and Security
The safety and security of the residents of Iris Park are of utmost importance. Each unit has a dedicated parking area, providing convenience and safety to the residents. The community is well-lit, ensuring residents can move around safely, even at night.
Iris Park also offers a gymnasium, which provides residents with an opportunity to maintain a healthy lifestyle. The gym is equipped with modern equipment, ensuring that the residents can work out effectively. Each unit comes with a balcony, which provides residents with a beautiful view of the community.
In conclusion, Iris Park offers luxurious, modern townhouses in Jumeirah Village Circle, Dubai. With its exceptional interior and design, safety and security, and modern amenities, Iris Park provides a comfortable living experience for its residents.
Investment Opportunities
Jumeirah Village Circle is a popular location for investing in Dubai’s real estate market. Iris Park, in particular, offers some attractive investment opportunities for those looking to earn rental yields or capital appreciation.
Rental Yields
Investors can expect to earn a rental yield of around 6-7% per annum on a property in Iris Park. For example, a 3-bedroom villa in Iris Park can fetch an average rent of AED 130,000 annually.
Capital Appreciation
In addition to rental yields, investors can also expect to benefit from capital appreciation over the long term. Property prices in Jumeirah Village Circle have been steadily increasing over the years. According to Property Finder, the average price per square foot for a property in Jumeirah Village Circle is currently AED 745.
Neighborhood Highlights
Jumeirah Village Circle is a community that offers a self-contained environment for its residents. The neighborhood is home to various parks, healthcare facilities, and educational institutions that cater to their needs.
Parks and Green Spaces
Valencia Park and Mulberry Park are two of the most popular parks in Jumeirah Village Circle. Valencia Park is great for families to spend time together, with its playgrounds, picnic areas, and walking trails. Mulberry Park, on the other hand, is a more serene space with plenty of greenery and walking paths. Both parks provide a great escape from the hustle and bustle of city life.
Educational and Healthcare Facilities
Jumeirah Village Circle has several educational institutions catering to students of all ages. District 15 is a popular choice for parents looking for a quality education for their children. The school provides a well-rounded education focusing on academic excellence and extracurricular activities. The neighborhood is also home to several mosques, providing easy access to religious services for its Muslim residents.
Overall, Jumeirah Village Circle is a great place to live for families looking for a peaceful and self-contained community with plenty of amenities.
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Frequently Asked Questions
What are the current rental rates for properties in Iris Park, Jumeirah Village Circle?
The current rental rates for properties in Iris Park, Jumeirah Village Circle, vary based on the size and type of the unit. As of May 2024, the average rental rate for a one-bedroom apartment in Iris Park is around AED 70,000 yearly, while a two-bedroom apartment can cost around AED 100,000 annually.
How do recent reviews rate the living experience in Iris Park, Jumeirah Village Circle?
Recent reviews of Iris Park and Jumeirah Village Circle suggest that the living experience is generally positive. The community is praised for its peaceful atmosphere, well-maintained facilities, and convenient location.
What amenities are available to residents of Iris Park, Jumeirah Village Circle?
Residents of Iris Park, Jumeirah Village Circle, have access to a swimming pool, gymnasium, and landscaped gardens. The community also features a children’s play area and 24-hour security.
Can you provide the location details and connectivity for Iris Park, Jumeirah Village Circle?
Iris Park is in Jumeirah Village Circle (JVC), Dubai. The community is accessible via Sheikh Mohammed Bin Zayed Road and Al Khail Road. Residents can also take advantage of the nearby public transportation options.
What are the average sale prices for apartments in Iris Park, Jumeirah Village Circle?
The average sale prices for apartments in Iris Park, Jumeirah Village Circle, vary based on the size and type of the unit. As of May 2024, the average sale price for a one-bedroom apartment in Iris Park is around AED 900,000, while a two-bedroom apartment can cost around AED 1.3 million.
What is the general security and safety like in Iris Park, Jumeirah Village Circle?
Iris Park, Jumeirah Village Circle, has a reputation for being a safe and secure community. It features 24-hour security and is monitored by CCTV cameras to ensure residents’ safety.
