What’s next in the Progress of Jumeirah Park?

March 30th, 2014

School….

Dubai British School

Opening this year from New Academic year September 2014.

Located: Opposite Springs Town Centre

This is a British Board school for KG1 and KG2 only. Jumeirah Park Residents will have peace of mind to have a school for their little ones nearby.

Jumeirah Park is improving day by day, work is progressing aggressively, Tress, Parks, Roads, Traffic Lights are all in placed and other areas where the construction work still going on will soon be complete.

By;

Henna Qureshi
Jumeirah Park Specialist.

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Dubai’s planning for Expo 2020 in top gear

March 27th, 2014

ECO-FRIENDLY URBAN PLANNING TO MATCH POPULATION GROWTH

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Najeeb Mohammad Saleh

Dubai will be fully prepared to receive . 25 million visitors when it hosts the World EXpo 2020 in- ternational event in six’years.Officials are already seeing to every detail imaginable to pave the way for the smoothest pos-sible international hosting of an event that is expected to further clinch Dubai and the UAE as world-class destinations. In an interview with Gulf News, Najeeb Mohammad Saleh, Head of Planning Re- search Section, Planning De-partment at Dubai Munici-pality, discussed how Dubai expects to cope with the influx of new residents and visitors in 2020, and what measures the government is taking to ensure that the city is an efficient and sustainable one.

Different scenarios

“When we started to prepare, we first took into consideration how the city is going to grow and what its growth rate would be.We looked at three different sce-narios – low, medium and rapid … We have adopted the medium- growth scenario, and expect the population by 2020 to be about 2.8 million,” Saleh said.

In 2010, the Dubai Executive Council appointed a steering committee comprising Dubai Municipality, the Roads and Transport Authority, Dubai Electricity and Water Author-ity, Dubai Civil Aviation, Lands Department, and Dubai Mari-time City.

These six government enti- ties have since been responsi-ble for planning, implement-ing and supervising the master plan for Dubai 2020. The city’s forward planning into the next decade was under way well before it submitted its bid to host Expo 2020, which was mainly aimed at handling the aftermath of the world eco-nomic downturn in 2008 and, in turn, to revise the plan of Dubai. The committee, Saleh explained, adopted the right approach as it expected a pop-ulation growth rate of 4.2 per cent per ‘year, which is close to the current rate at 4.1 per cent.

In 2010, Dubai recorded 1. 9 million residents and by the end of 2013 this had reached 2.23 million. Preparing the city “The existing urban area can reach up ‘to 93,106 hectares, which we feel is sufficient for us. And, by 2020, we expect to grow an additional 25,000 hec-tares. But even if the rate of the growth is faster than we expect, with a maximum of 38,000 hectares, the capacity of the city and its urban area can still hold that,” said Saleh.

TO prepare the city for up- coming projects, the committee has recominended that any in-vestment should not go beyond the border of Emirates Road (formerly known as Bypass Road), because there is enough infrastructure available in the city that can contain the ca-pacity and population growth within the area.  .

“To know which direction the city would. grow in, we adopted the scenario of a com-pact city, which has already been adopted and approved. So, all the upcoming projects, whether by the government

Source: Gulf News

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Jumeirah Park will become a gated community!

March 26th, 2014

jumeirah park dubai

Nakheel said it has started construction work that will transform Jumeirah Park, Jumeirah Village Triangle and Al Furjan into gated  communities this year. The developer said the three communities, which together house around 16,500 people, are among its most popular residential projects in Dubai.

A contractor is already on site at Al Furjan, where fencing installation is around 60 percent complete. Nakheel has also appointed a contractor for Jumeirah Park and Jumeirah Village, where work will begin in May. Nearly 20km of 1.8m-high fencing will be fitted at the three communities.

Nakheel also said work for the security gates will be out to tender shortly.

Mohamed Al Qassem, Managing Director of Nakheel Communities, said: “The new fencing and access control points at these three communities reinforce our continued commitment to enhancing our developments with a range of new amenities, facilities and services.”

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Stylishly designed villas in a growing community!!

March 23rd, 2014

Live in’ a new tranquil family-oriented neighborhood with the potential to grow into a ‘happening’ place

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The Jumeirah Park de-velopment is located at the heart of Dubai’s central district, behind Ju-meirah Lakes Towers ULT), and is adjacent to Jumeirah Islands. Characterized by styl-ishly and creatively designed “ luxury villas, the relatively . new community consists of villas based on these themes – Heritage, Regional and Legacy. Each villa has three to five-bedrooms, car parks and a terrace area. Dinesh Sajnani, an entre- preneur, and his wife Vidhi, a homemaker, moved to their home in JP a year back. The Sajnanis found their villa in Jumeirah Park far more spacious than their three- bedroom apartment in Bur Dubai, They found JP to have a truly peaceful and calm feel about it. Their villa has a backyard where the junior Sajnanis, Chahat and Tan- ishk, love to play. Both study in Wellington International School which is only about a IS – minute drive away. According to Vidhi, “We live in an area that is grow- ing exponentially, and the center of the city is gradually . moving towards this side. At the same time, it is an oasis of peace and calm. Its close proximity to our children’s school and our office in JLT saves us a lot of precio~ time that would otherwise be spent on commuting.”

Having said that, the facili-ties in Jumeirah Park haven’t been fully developed as there have been structural delays in the planned town center which was supposed to have been operational by now. “The parks are quite dis- appointing, and aren’tre- ally according to the original plans shown us whilst we were still deciding, Outside our villa, there is a huge area supposed to be allocated for a park. Instead, it has been filled with granules, so it cannot be used by kids for playing,” says Vidhi.Highlighting the current state of affairs in the local- ity. Vidhi explains, “Jumeirah Park has an open security system, which means that it will not be a gated com- munity but there will be se- curity guards patrolling the area. Such security system is rated insufficient by the resi- dents, and we look forward to having a fully secure, gated community. Currently, we go to Meadows Town Centre or JLT for daily shopping. In the absence of common ar- eas like a park, gymnasium or community center, there is hardly any interaction among neighbors and other residents of Jumeirah Park.”

The road infrastructure connecting Jumeirah Park to neighboring localities also requires a major upgrade, Like many other Jumeirah Park residents, Vidhi also faces the problem of going through a long commute from JLT to Jumeirah Park. In the absence of a proper route, this entails taking a long route from Jebel Ali, The Meadows or Dubai Ma-rina which adds a good ten minutes to an otherwise two- minute drive. “Residents of Jumeirah Park are hopeful that this route will be changed for the better. Also, in order for us to go to Ibn Battuta Mall, we have to go through the Discovery Gardens flyover which is jampacked during rush hours as the common road to the mall has been closed for the past two years due to plumbing work So we look forward to the opening of this route at the soonest, ” adds Vidhi, “I think it is just a matter of time before facilities in Ju-meirah Park are upgraded, road issues smoothened and other amenities available. The place is in its fledgling stage, and we hope it will be-come a self-sufficient com-munity with parks, kids’ hobby classes, supermar- kets, etc. The opening of the community center in April with amenities like a coffee shop, supermarkets, health club; etc., is a concrete step in this direction, We have to
wait and watch, ” says Vidhi,

Source: Gulf News

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The resurgence of the villa community Jumeirah Park

March 19th, 2014

jumierah park

Real estate analysts predict a rise of 100/0 to 150/0 in prices as city continues to attract investors

A development spread over 350 hectares with soon-to-be approximately 3,000 villas, Jumeirah Park is a residential villa community splendidly positioned at the nucleus of Dubai’s major freehold areas offering easy access to Shaikh Zayed Road and other prime business locations.

As the prices in Dubai real estate rose by the highest percentage in the world during 2013 (according to Reidin) and, for that matter, the average prices of villas also increased by approximately 15 percent on a yearly basis, it was an excellent year
for the city after the global fiscal crisis in 2008-2009. Even with real estate prices soaring, Jumeirah Park has been one of the leading communities to attract not only local and global investors but also end-users because of its strategic location, serenity, master developer brand identity, etc.

About 12 months ago, the bulk of rents for Jumeirah Park was somewhere between Dh240K to Dh300K p.a. for 5 B/R villas, while 4 B/R villas were in the range between Dh220K and Dh280K p.a. which was still a little lower than the average advertised
rental rates. With the announcement of the EXPO 2020 hosting, the excitement around the whole country and its ripple effects on connected industries, we have seen a massive rise of 15 percent to 20 percent in the rents in this community. For instance, 5 B/R villas, in today’s date, will cost up to Dh300K to Dh360K.

Also, with the colossal success this month of recent auctions for plots at Jumeirah Park, real estate analysts predict a further rise of 10 percent to 15 percent in the prices as the city continues to attract local residents and foreign expats to largely invest in the community.

With the population increasing at a significant rate, there is also an increasing demand in the real estate market. With the successful launches of Jumeirah Park villas, both locals and foreign expats are not only decisively looking at great potential in the off-plan market but also considering this community as the future of Dubai because of its proximity to areas like Jebel Ali Port, Dubai World Central, the Expo 2020 site, etc.

Source: Gulf News

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JUMEIRAH PARK LEGACY NOVA BEST OFFER

March 18th, 2014

off plan

It is quite evident now that the market is softening and the rise in key-ready villa prices, which seemed to continue to rise at an alarming rate through Q4 of 2013, has slowed down. The off-plan Legacy Nova villas in package 7 are becoming an attractive proposition for those looking to make a sensible investment. With a handover date expected in the first half of 2016, there is an appeal for end-users and investors alike.

The payment plan for the Legacy Nova villas is an attractive proposition given that the secondary market sales are being affected by the mortgage cap. Fine and Country are working closely with Home Matters who have different mortgage products from a number of different banking partners that can help many looking to secure finance, even against properties that are at the off-plan stage.

For those interested to buy in Jumeirah Park, we have a number of options on offer, both off-plan and key ready. We also host Open Houses on a Friday as well as the Saturday, which most other real estate agencies will not do. If you are serious about buying in Jumeirah Park, come and speak to me or one of my colleagues today!..view more

By;

Saleem Kamal
Jumeirah Park Specialist

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A Year in Fine & Country

March 4th, 2014

Fine & Country consists of over 300 leading independent estate agents across the globe, specialising in the marketing of exclusive properties. We combine the individual flair and local expertise of independent agencies, with the power of an international network and a globally recognised brand.

All our agents operate to strict codes of conduct and are very carefully selected, since only the best will meet our exacting standards every one is a member of the local real estate regulatory agency.

We understand that moving home is one of the most important decisions you will make. Whether buying or selling, when you deal with a Fine & Country agent, you will benefit from all of their local knowledge, experience, expertise and contacts, and their well-trained, educated and courteous staff.

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