Jumeirah Village South - Why?

[Canadian]

Guys,
What do you think about the Imperial Residence in JVS. I have never been in Dubai, but planning to travel there next week to review some off plan properties in JVS for investment purposes. I would really appreciate if someone can share with me any information they may have about the Imperial Residence and its developer, contractor, location, growth and income potential.

Regards

Canadian

[alybizz]

Originally Posted by Canadian

Guys,
What do you think about the Imperial Residence in JVS. I have never been in Dubai, but planning to travel there next week to review some off plan properties in JVS for investment purposes. I would really appreciate if someone can share with me any information they may have about the Imperial Residence and its developer, contractor, location, growth and income potential.

Regards

Canadian

Greetings!

With reference to your posting desire to know about JVS - Imperial residence, its a project from Tameer Holding, currently selling the left out units at the cost of AED 1485/- PSF onwards, its a good project with tons of amenities.

Contact me for more details at alybizz at gmail dot com

regards,

[luludam]

hi,

Why donn`t you want to invest in IMPZ (International Media Production Zone)
it will not take that much time as JVS. IMPZ has many advantages (free zone, 70% commercial and 30% residential and very close to new Jebel Ali`s airport) prices are reasonable.

[DoBuy]

Go for DSO.The infrastructure was completed a long time ago along with 516 villas and the headquarters.Currently there are a further 1032 villas being built(for emirates staff?)
Also some 60 buildings either under construction or soon to be started.These include the magnificent 'German Buisiness Park'.Porsche engineering are moving there,last week was announced a 7 milion sq ft campus to train engineers.GEMS school opening in Sept.
This will be such an easy place to rent a unit.Many businesses opening up here and lot of offices in relation to residential units.By the time the slow Business Bay gets anywhere many offices here will be full.Also,academic city across the road will have thousands of students,more rental potential.
JVC is a waste of time.Years to get anywhere,full of small fragile developers who dont know what they are doing.A mess of a project.

[JOHNNY-D]

no.. i think it's better to invest in JV than DSO or IMPZ.

[DuNewbie]

This will sound like a dumb question... but whats wrong with Nakheel? I am new to dubai... I also like kingpin am having a problem ignoring the prices in JVC
Why would Nakheel let a development in such a nice location be spoiled by subcontracting to shady new developers... Something just does not make sense here if you assume all decisonmakers are smart
appreciate feedback

[DoBuy]

Not all developers at JV are shady.Just make sure u pick the right one.JV will be in my opinion the best place in Dubai to live.A proper community with pavements,shops,somewhere u can walk around like in Europe which is what Dubai badly needs.
If your looking to live here yourself then go for it.If its for investment then go for DSO.
Much more being built at the moment and set to be a commercial hub.

[DDS]

Originally Posted by DuNewbie

This will sound like a dumb question... but whats wrong with Nakheel? I am new to dubai... I also like kingpin am having a problem ignoring the prices in JVC
Why would Nakheel let a development in such a nice location be spoiled by subcontracting to shady new developers... Something just does not make sense here if you assume all decisonmakers are smart
appreciate feedback

JV was originally sold by Nakheel to investors as a a purely villa/townhouse development 5-6 years ago. After lengthy delays the original concept was scrapped and the investors were given back their money.
The area was re-released as present - JVT/JVS which only some of 1-2 BR villa/townhouses were retained from the original concept. The vast majority of the of JVS plots was sold to the private developers.
A portion of the original JV is what is now Jumeirah Park.
(At least that is how I remember it??)

That is a good question about why it was sold to many small private developers??

My guess is Nakheel lost quite a bit of credibilty when the original JV was delayed/scrapped and the big guys bailed out?? plus Nakheel, at that time, had there hands full with the delayed Palm Jumierah.

Having said that- I think JVS will be fantastic when its done- great location/ substantial green space in masterplan/ good mixed use-urban design.

I would just be very careful about selecting developers and be patient with the masterplan infrastructure.

BTW Diamond Developers has several projects in JVS that are well into the construction phase. Diamond Views I (where I have bought a townhouse) construction is quite advanced and could be finished early 2009. The big question I have is will the electricity/water be set up by then??

[Rammah]

I work for DAMAC, and we're obviously one of the best developers in Dubai, with a strong presence in JV!

If you're looking for something there, feel free to contact me on 00447825107389 or pm.

Regards,
Rammah