Emirates Gardens 2 Magnolia

DAMAC Properties · studio, 1BR, 2BR · Jumeirah Village Circle, Dubai

Emirates Gardens 2 Magnolia is the delivered DAMAC Properties apartment cluster inside Jumeirah Village Circle (JVC), covering the Magnolia 1 and Magnolia 2 buildings with studio, 1-bedroom and 2-bedroom layouts. Because the towers are complete and tenanted, this is a resale and rental-yield play rather than an off-plan purchase: pricing follows the secondary market, service charges are known, and rental cash flow starts at handover of the title deed.

Emirates Gardens 2 Magnolia is a residential apartment complex by DAMAC Properties, located in Jumeirah Village Circle, featuring convenient amenities and a blend of Mediterranean and Arab architectural styles.

Not to be confused with Emirates Garden 2 (Maple, Magnolia, Mulberry).

Key facts

Developer
DAMAC Properties
Area
Jumeirah Village Circle, Dubai
Property type
studio, 1BR, 2BR
Starting price
On request
Payment plan
60 / 40
Expected completion
December 2011
Construction status
Now selling
Indicative gross yield
6% – 7.5%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Emirates Gardens 2 Magnolia typically fits investors evaluating a Dubai entry where pricing is still to be confirmed, across studio, 1BR, 2BR layouts in Jumeirah Village Circle, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6% – 7.5%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Jumeirah Village Circle, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Emirates Gardens 2 Magnolia cost?

The price list for Emirates Gardens 2 Magnolia is not public. We source current pricing and availability directly from the developer DAMAC Properties.

Where is Emirates Gardens 2 Magnolia located?

Emirates Gardens 2 Magnolia is located in Jumeirah Village Circle, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Emirates Gardens 2 Magnolia?

The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.

When is Emirates Gardens 2 Magnolia expected to complete?

Expected completion is December 2011 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Emirates Gardens 2 Magnolia?

The indicative gross band for this area and unit mix is 6% – 7.5%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Emirates Gardens 2 Magnolia?

Emirates Gardens 2 Magnolia is developed by DAMAC Properties. We review their delivery record, build quality and value retention before recommending it.

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