Marwa Homes 3 epitomizes luxury living in the heart of Jumeirah Village Circle (JVC), Dubai, offering a blend of modern architecture and high-end amenities. This development by New World Development features 14 luxurious four-bedroom townhouses, each designed to provide the ultimate in comfort and style. With a focus on spacious living and quality finishes, Marwa Homes 3 promises an unparalleled living experience in one of Dubai’s most sought-after neighborhoods.
Key Takeaways
- Marwa Homes 3 offers luxury four-bedroom townhouses in JVC, priced from AED 3,604,000.
- Each townhouse features modern design, luxury amenities, and a private elevator, enhancing the living experience.
- The development is strategically located, providing excellent connectivity to major Dubai attractions.
- Investment in Marwa Homes 3 is promising due to the upscale neighborhood and potential for high rental yields.
- Future developments in JVC, including infrastructure and community projects, are expected to increase property values.
Overview of Marwa Homes 3
Location and Connectivity
Marwa Homes 3 is strategically located in Jumeirah Village Circle (JVC), Dubai, offering excellent connectivity to major highways and urban centers. The area is well-connected by public transport, making it easy to access surrounding amenities and business hubs.
Design and Architecture
The design of Marwa Homes 3 combines modern aesthetics with functional living spaces. Each townhouse features spacious interiors and contemporary finishes, ensuring a luxurious living experience. The architecture emphasizes natural light and open spaces, enhancing the overall ambiance of the homes.
Developer Information
Developed by New World Development, Marwa Homes 3 is part of a prestigious collection of luxury townhouses. The developer is known for their commitment to quality and innovation, ensuring that each home meets high standards of luxury and comfort.
Residential Offerings
Types of Townhouses Available
Marwa Homes 3 offers a selection of 14 four-bedroom townhouses, each spanning three stories (G+2). The design caters to those seeking spacious and luxurious living spaces in the heart of Jumeirah Village Circle.
Luxury Amenities Included
Residents can enjoy a variety of high-end amenities designed for comfort and convenience. These include a private gym, a rooftop terrace, and a swimming pool, ensuring a premium lifestyle within the community.
Pricing and Payment Plans
The townhouses are priced at AED 2.28M. Attractive payment plans are available, allowing buyers to pay 25% upfront with the remainder payable over a convenient timeline. This makes it easier for potential homeowners to invest in their dream home without financial strain.
Community and Lifestyle
Local Amenities
I’ve discovered that living in Marwa Homes 3 means having everything I need right at my doorstep. The local amenities are top-notch, with a variety of shops, restaurants, and parks nearby. It’s like having the convenience of urban living without the usual hustle and bustle.
Community Engagement
The sense of community here is really something special. There are regular events and activities that bring everyone together, making it easy to meet neighbors and make new friends. It’s a vibrant community that supports and looks out for each other.
Lifestyle Benefits
Living here has been a game-changer for my lifestyle. The facilities like the gym, pools, and landscaped gardens have been fantastic for my health and well-being. Plus, the safety and security measures in place give me peace of mind, knowing that my family and I are safe.
Investment Potential
Market Trends
I’ve been keeping an eye on the market trends here in JVC, and it’s clear that the area is on an upward trajectory. The average return on investment for a rental apartment is between 6.1% and 6.5% per annum, which is quite impressive. This steady growth makes JVC a hotspot for investors looking for stable and lucrative opportunities.
Rental Yields
When it comes to rental yields, JVC doesn’t disappoint. Properties like Marwa Homes are particularly attractive due to their modern amenities and strategic location. Here’s a quick look at the potential rental yields:
| Property Type | Average Rental Yield |
|---|---|
| Apartments | 6.1% – 6.5% |
| Townhouses | 5.8% – 6.2% |
These figures are a testament to the investment opportunities in JVC, making it a wise choice for both seasoned and new investors.
Long-term Value
Investing in Marwa Homes not only offers immediate returns through rental income but also promises long-term value appreciation. The ongoing developments and enhancements in infrastructure are set to boost property values further, ensuring that my investment today will reap benefits for years to come.
Comparative Analysis
Similar Properties in JVC
When I look around Jumeirah Village Circle (JVC), I see a variety of properties, but none quite match the unique blend of luxury and practicality offered by Marwa Homes 3. Most properties in JVC, like Fortunato and Reef Residence, offer good amenities but often lack the exclusive, personalized touch that Marwa Homes 3 provides.
Advantages over Nearby Developments
Marwa Homes 3 stands out in JVC due to its superior design and architecture. The development offers more spacious townhouses compared to others in the area, which typically range from 0.40m to 8m AED. Here’s a quick look at the average prices:
| Property Type | Average Price (AED) |
|---|---|
| Standard Townhouses | 0.78m |
| Luxury Townhouses | 5m |
| Marwa Homes 3 | 2m |
This pricing, coupled with high-end finishes and exclusive amenities, makes it a more attractive option for both residents and investors.
Investment Comparison
Comparing Marwa Homes 3 to other developments in JVC, it’s clear that it offers a better investment opportunity. The long-term value of properties in Marwa Homes 3 is expected to rise, thanks to the ongoing developments and enhancements in JVC. This is supported by the latest trends in JVC real estate performance, which show a promising growth trajectory.
Buyer’s Guide
Steps to Purchase
When I decided to buy a townhouse in Marwa Homes 3, the process was surprisingly straightforward. Here’s how I did it:
- Identify the property type that suits your needs.
- Visit the property to get a feel of the place and inspect the townhouse.
- Negotiate the terms and price with the developer.
- Sign the preliminary agreement and make the initial deposit.
- Complete the necessary paperwork and finalize the sale.
Legal Considerations
Buying a property involves a lot of legal paperwork, but don’t worry, it’s manageable. Make sure to check the title deeds and any existing mortgages on the property. It’s also wise to understand the local property laws which might affect your purchase. Consulting with a real estate lawyer can be a big help in navigating this complex area.
Financial Planning
Planning your finances is crucial before making such a significant investment. I started by setting a budget and exploring different financing options. Here are some points to consider:
- Determine your budget and stick to it.
- Explore mortgage options and find the best rates.
- Consider the long-term costs of owning a property, like maintenance and taxes.
Remember, a well-planned purchase can lead to a smooth transaction and a happy home life in Marwa Homes 3.
Future Developments
Planned Infrastructure
I’m really excited about the upcoming infrastructure projects around Marwa Homes 3. The focus is on enhancing connectivity and public amenities, which will make living here even more convenient. Major road expansions and new public parks are on the drawing board, aiming to enrich our community’s lifestyle and accessibility.
Upcoming Projects in JVC
Jumeirah Village Circle is buzzing with activity, and several new developments are set to rise. Here’s a quick look at some of them:
- Westar Vista
- Celeste by Westar Properties
- Various projects by top developers like Sobha Realty and MAG Property Development
These projects promise to bring more vibrancy and options to our neighborhood.
Impact on Property Values
The influx of new projects and improved infrastructure is expected to boost property values in our area. It’s an exciting time to be a part of Marwa Homes 3, as these developments not only promise a better lifestyle but also a great investment opportunity. Watching our community grow and evolve is truly thrilling!
Conclusion
Marwa Homes 3 epitomizes luxury living in the heart of Jumeirah Village Circle, offering a blend of comfort, style, and convenience. With its spacious four-bedroom townhouses, state-of-the-art amenities, and strategic location, this development promises a lifestyle of unparalleled luxury and ease. The attractive payment plans and the promise of a high-quality living environment make Marwa Homes 3 an ideal choice for those seeking a prestigious and serene home in Dubai. Whether for investment or personal use, these townhouses represent a valuable opportunity to be part of a vibrant community in one of Dubai’s most sought-after districts.
Frequently Asked Questions
What types of townhouses are available in Marwa Homes 3?
Marwa Homes 3 offers luxurious 4-bedroom townhouses with maid rooms and private elevators.
What are the starting prices for properties in Marwa Homes 3?
Prices for townhouses in Marwa Homes 3 start at approximately AED 3,604,000.
What amenities are included in Marwa Homes 3?
Marwa Homes 3 includes luxury amenities such as private elevators, spacious layouts, and proximity to Circle Mall.
What is the expected handover date for Marwa Homes 3?
The expected handover for Marwa Homes 3 is scheduled for November 2024.
Can you describe the payment plan for Marwa Homes 3?
The payment plan for Marwa Homes 3 typically requires 25% on booking and the remaining 75% on handover.
What makes Marwa Homes 3 a desirable investment in JVC?
Marwa Homes 3 offers luxury living with modern amenities, strategic location in JVC, and competitive pricing, making it a highly desirable investment.
