Yes Jumeirah Village Circle is facing a significant supply challenge. Data indicates that there are approximately 30000 new units planned for the area with over 11000 already delivered since 2023. While the population is growing the sheer volume of…
Yes Jumeirah Village Circle is facing a significant supply challenge. Data indicates that there are approximately 30000 new units planned for the area with over 11000 already delivered since 2023. While the population is growing the sheer volume of new deliveries particularly studios and one bedroom apartments is creating stiff competition among landlords which may suppress rental growth and lead to plateauing prices in the short to medium term.
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