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"Blossom 76": A New Addition to the Luxury Real Estate Scene in Jumeirah Village Circle

“Blossom 76”: A New Addition to the Luxury Real Estate Scene in Jumeirah Village Circle

Jumeirah Village Circle (JVC), in light of Dubai’s flourishing real estate market, remains a leading investment destination, offering lucrative returns.

Due to its prestigious position in the Dubai real estate market, JVC has seen a growing demand for off-plan properties. With an average price of AED 1,450 per square foot, it offers an ideal investment opportunity for those seeking growth and rewarding returns. Additionally, it stands out for its affordable prices, family-friendly amenities, luxury, quality, and strategic location.

Since January 2020, JVC has accounted for 10.64% of total property sales in Dubai. Between 2012 and 2024, there was a remarkable 188% increase in apartment rents, with studios and one- or two-bedroom apartments yielding returns between 8% and 10%, surpassing a return of 6.67%. This signals a favorable rental market, driven by strong demand from tenants attracted to the area’s family-oriented amenities and developed infrastructure. As rents rise due to increasing numbers of expatriates, many renters have transitioned into property owners.

In October 2024, JVC led the real estate market with the highest transaction volume, recording 1,487 transactions worth AED 1.5 billion, followed by Business Bay with 1,135 transactions totaling AED 2.6 billion.

In a bid to capitalize on this momentum, Tranquil Infra, a specialized real estate development company, unveiled its new project, Blossom 76, located at the heart of Jumeirah Village Circle.

Blossom 76 offers 111 residential units ranging from studios and one-bedroom apartments with a study room and private pool, to two-bedroom apartments with a laundry room, study room, and private pool. The development includes family-friendly amenities such as a children’s play area, a pool with a water fountain, a panoramic gym, yoga spaces, a BBQ area, outdoor terraces, and retail spaces on the ground floor, starting at AED 595,888.

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