Prime Business Centre, Jumeirah Village Circle

Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern infrastructure

Strategic location

Flexible office spaces

Weakens

Limited parking space

Noise from ongoing construction

Higher rental rates

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Strengths

Modern infrastructure

The building features contemporary design and high-quality construction materials.

Strategic location

Located in a rapidly developing area, providing easy access to various amenities.

Flexible office spaces

Offers a variety of office layouts and sizes to accommodate different business needs.

Weaknesses

Limited parking space

Parking facilities may become crowded during peak hours.

Noise from ongoing construction

Surrounding development activities may lead to noise disturbances.

Higher rental rates

Pricing may be above average due to the prime location and amenities.

Considerations

Business growth potential

The area is witnessing rapid development, which could benefit growing businesses.

Accessibility during peak hours

Traffic congestion may impact commute times during busy periods.

Regulatory compliance

Ensure understanding of local laws and regulations when operating a business here.

Buildign Overview

Summary

The Prime Business Centre is strategically located in the vibrant Jumeirah Village Circle (JVC), an area known for its blend of residential and commercial offerings.
Nearby facilities include the Circle Mall, which features a variety of shops and dining options, as well as schools and parks.
Convenient access to public transportation, including buses and nearby metro stations, enhances the building's connectivity with the greater Dubai area.
Compared to other commercial buildings in JVC, the Prime Business Centre stands out for its modern architecture and comprehensive amenities.

Properties Overview

The centre houses a range of office spaces available for both rent and sale, catering to various business needs.
Popular unit configurations often include flexible office spaces and shared work environments.
Current rental prices typically range from AED 45,000 to AED 80,000 per annum, while sale prices can vary significantly based on size and location.

Market Trends

In the past year, rental prices in the area have shown a moderate increase, with strong demand for affordable office spaces.
Sales trends indicate a steady growth in property values, making it a viable investment option, with potential ROI ranging between 6-8%.
Expectations for the future include continued demand for commercial properties in JVC due to ongoing developments in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

The surrounding area offers essential services including supermarkets, schools like the JSS International School, and healthcare facilities such as Aster Clinic.

Transportation and Accessibility

Easily accessible via Sheikh Mohammed Bin Zayed Road, the centre is well-served by public transport options, including bus routes and metro lines.
Ample parking is available for residents and visitors, ensuring hassle-free accessibility.

Lifestyle Amenities

Residents and tenants can enjoy proximity to various lifestyle amenities such as fitness centers, cafes, restaurants, and leisure parks, enhancing their work-life balance.

Builing Facilities

Key building facilities include high-speed elevators, 24/7 security services, central air conditioning, and dedicated maintenance support.

Special Services

Unique services such as concierge support, guest reception areas, and fully-equipped business meeting rooms cater to the needs of professionals and organizations.

Planning Your Move or Investment

Floor Plans and Property Types

A selection of versatile floor plans is available, tailored to accommodate various business types and sizes, making it easy for tenants to find the right fit.

Things to Consider

Potential tenants and buyers should consider the location's convenience, property management quality, and lease terms before making a commitment.

Useful FAQs and Support

Events and Building Life

Building Events

Regular networking events and workshops are organized within the building to foster community engagement and professional growth.

Community Identity

The Prime Business Centre uniquely blends modern design with a professional atmosphere, making it a sought-after address for businesses in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The area has facilities suitable for families, but lacks a strong community feel.

Moderately Welcoming

2. Living Options

The centre offers a range of office spaces, but residential living options are limited.

Primarily Business-Oriented

3. Safety And Security

Security measures are in place, with regular patrols and surveillance, making it a safe environment for businesses.

Generally Secure

4. Transportation

Located near major roads and public transportation options, making commuting easy for professionals.

Conveniently Accessible

5. Amenities And Facilities

Provides essential amenities such as cafes and meeting spaces, but lacks extensive recreational options.

Adequately Equipped

6. Cost Of Living

The rental prices for office spaces are on the higher side compared to similar areas, impacting overall affordability.

Relatively High

7. Things To Do

While there are some cafes and shops, entertainment and leisure activities are not abundant in the immediate vicinity.

Limited Options

8. Noise Levels

Due to the commercial nature of the area, noise levels can be higher during business hours, affecting quiet.

Moderately Noisy

9. Pet Friendliness

The centre does not have facilities for pets, limiting options for pet owners and their access to the area.

Not Pet-Friendly

Schools

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Key Information

Developer: Prescott Real Estate Brokers

Building Type: Commercial

Building Age: 13 years(completed in 2011)

Unit Types : Shell-and-core and fully fitted offices with retail options

Floors: 17

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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