Located in JBR
JBR is one of the most popular and sought-after residential communities in Dubai as the premium waterfront district is located along the coast of the Persian Gulf in Dubai Marina. The area is home to several of the city’s famous landmarks, including The Beach and The Walk. The master developer of Jumeirah Beach Residence is Dubai Properties, which is part of the government owned Dubai Holding, famous for many unique projects in Dubai. The development of JBR was launched back in 2002 and was officially opened to the public in 2008. The total cost of the project amounts to AED 6B (USD 1.6B) and the total area of the development is 18,298,647 sq. ft. The London-based Mace Group was appointed as the management company of the project, where they ensured premium quality construction by bringing in a 95% foreign workforce to the site, used a professional services team from five different continents, as well as importing 80% of building materials from abroad. The architect of the project was Arif & Bintoak, which are well-known for their architecture design of many residential and commercial projects around Dubai.
This community comprises more than 40 hotel and residential towers, each up to a maximum 46 storeys high. JBR has a total of 6 residential blocks called: Murjan, Sadaf, Bahar, Rimal, Amwaj and Shams. Currently, there are around 7,000 residential units, making it possible to accommodate 15,000 people. The whole development has broken at least two world records by being the largest residential quarter in the world and the largest single-phased, mixed-use development of its kind, ever created. JBR offers a wide range of residential units, such as studios, 1, 2 and 4-bedroom apartments, and penthouses available for sale and to rent. Due to the beach lifestyle and its wide variety of retail stores, restaurants and cafes, JBR is very popular among young families and single people. Residents of JBR have access to the following amenities and facilities:
The luxury residential units are most often available furnished and some of them come as serviced. The apartments have spacious living spaces and include top-notch modern amenities, such as private pools, walkways and landscaped gardens. All residential units feature a panoramic view of the whole neighbourhood as well as the sea, and some of Ain Dubai. The architecture of the buildings in JBR are inspired by Mediterranean and Arab designs, and is a beautiful contrast to the modern skyscrapers spread across the rest of the emirate.
The area of JBR is in the popular district of Dubai Marina and is well-connected to all parts of the city. Jumeirah Beach Residence offers an exceptional infrastructure, with a great functioning public transport system and close proximity to the Sheikh Zayed Road, which means an easy and fuss-free commute is guaranteed. There are two metro stations nearby – DMCC Metro Station (15 minutes), and Dubai Marina Metro Station (10 minutes). Both stations are much easier and quicker to use instead of a car during peak times of the day due to the potential traffic around the area. Jumeirah Beach Residence also has its own two tram stops; Jumeirah Beach Residence 1 and Jumeirah Beach Residence 2, which are connected to the above-mentioned metro stations and are only a 5 minute walk away from the community. Dubai International Airport is located 30 minutes’ from JBR, and Al Maktoum International Airport is only 40 minutes away.
As for day-to-day needs, residents can find everything they need within the community itself. Supermarkets, nurseries, schools, hospitals, clinics and places of worship are just some of the amenities that can be found within JBR. There are two branches of Emirates NBD, as well as a Al Hilal Bank ATM which are located 5-10 minutes away from the community. JBR is well-known for its entertainment and dining options, and features many entertainment venues, branded stores and gourmet restaurants. For an even wider range of leisure activities and nightlife options, residents can visit the nearby waterfront communities in Dubai Marina. Popular attractions of Dubai, such as Dubai Marina Mall, Mall of the Emirates, the Burj Al Arab and Miracle Gardens are all located near to the area of Jumeirah Beach Residence.
Investors choose JBR because of its close proximity to two of the major business districts – Dubai Internet City (10 minutes) and Dubai Media City (5 minutes). Both districts are part of the UAE’s free zones and are the leading hubs for information, media and communication in the city. For higher education establishments and recruitment, Dubai Knowledge Park is just 10 minutes away. This is the world’s only Free Zone dedicated to human resource management, professional learning and education.
Jumeirah Beach Residence is among the busiest and liveliest neighbourhoods in Dubai. It has a lot to offer to residents and tourists from the trendy leisure spots, to the overwhelming number of activities going on throughout the year.
This is one of the best public beaches in Dubai and a perfect destination for a vacation. The Beach is buzzing with activities like yoga sessions, camel rides and beach sports. There is a designated beach sports venue called Sea Breeze, that offers parasailing, wake-boarding and waterskiing, as well as multiple play areas for the kids. Aquafun is the world’s largest inflatable water park, and is situated right on The Beach. JBR is a great place for the ultimate dining and shopping experience with multiple restaurants and retail spots for visitors and residents to enjoy.
The Walk is a 1.7km long waterfront promenade that presents upscale shopping, some of the best eateries in Dubai, and a wide range of cultural events which are hosted all year round. Every weekend there are street show’s and dance performances that are organized by local performers, as well as workshops and pop-up markets. It is also one of the screening venues of the annual Dubai International Film Festival. The Walk has many things to see and do, such as recycled art displays, sand sculptures, photography displays, street painting and local booths selling arts and crafts. For an exquisite dining experience, you can visit one of the hotels at The Walk, including Hilton Dubai The Walk and Rixos Premium Dubai JBR which both house an array of fine dining and casual restaurant options.
Jumeirah Beach Residences is connected with the man-made Bluewaters Island via a 265-meter pedestrian bridge above the sea This waterfront area features beaches, two luxury hotels and over 200 retail and dining venues. Bluewaters Island is home to the immensely popular Ain Dubai, which opened in late 2021. Ain Dubai is the world’s largest Ferris wheel, offering its passengers the most incredible views of the Burj Al Arab, the Burj Khalifa, Palm Jumeirah and Dubai Marina. Another popular hotspot on the island is Caesars Palace, the first one in the UAE, and the second one in the world after Las Vegas. The enormous hotel offers a range of watersports, pool and beach activities, a spa, as well as 12 bars and restaurants.
According to the Bayut 2020 Annual Rental Report, Jumeirah Beach Residence is one of the top choices in Dubai for renting luxury apartments. Considering its seafront location, the number of entertainment spots and famous landmarks nearby, as well as the property being freehold, this opportunity for investment is not to miss. This area appeals to those who are looking to both invest and acquire a home right on Dubai’s seafront. Despite the high demand for the premium residences in JBR, prices to rent and buy property are still quite flexible and affordable.
Currently, over 33 nationalities reside in Jumeirah Beach Residence. This is definitely increased by the amount of visitors in the area due to it being a prime holiday spot for tourists. Multiple hotels, restaurants, nightlife destinations, all-year-round exciting activities, as well as the best beaches and beach clubs in Dubai, attract people from all over the world. JBR is a perfect choice for commercial investment as well, as it is located near the biggest business and leisure districts.
The most popular property choice for investment in Jumeirah Beach Residence is a studio, since it offers the highest ROI of 6.1%. The average rental price in the area for a studio apartment is AED 70,000 (USD 19,000) per year. The minimum selling price for a studio in JBR starts from AED 780,000 (USD 213,000). Taking into account the obligatory fees for management, utilities and 5% VAT, the net profit will be approximately AED 63,000 (USD 17,000) per year.
The coastal residential area of Jumeirah Beach Residence offers a wide range of residential units both for sale and to rent. These apartments come in various styles and sizes, and are designed with the latest fixtures and fittings. The view of the waterfront, as well as a range of entertainment and luxury amenities, attract a lot of homeowners to JBR.
1/JBR is a 46 storey state-of-the-art residential complex located right at the entrance of Jumeirah Beach Residence. This project has won multiple international awards, of which one of them was the Best Luxury Project of the Year. All the residential units offer panoramic views of Bluewaters Island, Skydive Dubai and the Palm Jumeirah. The complex comprises 163 units and includes 2, 3 and 4-bedroom apartments. The starting price of a 2BR apartment in 1/JBR is AED 4,900,000 (USD 1,334,000) with a minimum living area of 1,647 sq. ft.
The Address JBR has two connecting towers, with one side a luxury hotel building and the other, a residential complex in the other identical tower. The Address offers a great opportunity to buy serviced and freehold apartments. The towers stand on the last available plot of land in Jumeirah Beach Residence and it is the only Address development in the area. There is a private beach, three swimming pools and a range of dining venues within the complex. The Address JBR offers 1, 2, 3, 4 and 5-bedroom apartments for sale and to rent. The starting price of a 1BR apartment is AED 1,450,000 (USD 395,000) with a minimum living area of 638 sq. ft.
La Vie JBR is the latest new addition to Jumeirah Beach Residence from the well-known developer Dubai Properties. This is a high-rise project that offers 1 to 4-bedroom contemporary apartments, as well as a limited selection of luxury penthouses. Residents of the complex will have access to a wide range of amenities including a sea-facing infinity pool, children’s play areas, an elevated garden, state-of-art gym and steam rooms, and much more. One of the most attractive features of La Vie JBR is its view over the sea, Palm Jumeirah and Bluewaters Island. The starting price of a 1BR apartment in this development is AED 1,380,000 (USD 376,000). The minimum living area of 1BR units are 650 sq. ft.
Sadaf is a high-rise residential complex consisting of eight skyscrapers, between 34 and 38 floors each. As one of the six residential blocks in JBR, Sadaf is considered to be the most popular. The complex offers a beautiful view of Palm Jumeirah, Atlantis The Palm and Bluewaters Island. Properties available for sale and to rent in Sadaf include 1, 2, 3 and 4-bedroom apartments as well as penthouses with 2, 3 and 4 bedrooms. The annual rental price of a 1BR apartment in Sadaf is AED 70,000 (USD 19,000). Daily rent can be charged at AED 430 (USD 120).
Bahar is a residential complex that consists of seven towers with beautiful waterfront views. Surrounded by banks, shopping venues, amusement parks and restaurants, it is very popular among potential homeowners and those looking for a profitable investment. Residents of Bahar have access to a world-class gym, a well-maintained swimming pool, high-speed elevators, as well as concierge and security services. This residential complex offers a range of residential units including studios, 1, 2, 3 and 4-bedroom apartments and penthouses. The annual rental price of a 1BR apartment is AED 70,000 (USD 19,000). The minimum daily rental price could start at AED 1,600 (USD 435).
Rimal is a multi-building complex which comprises six towers on The Walk boulevard. The apartments in the residences are very modern and spacious, with floor-to-ceiling glass windows which provide a panoramic view of the sea and the Dubai Marina. Facilities for the residents of Rimal include gyms, shops, bars, restaurants and ground level swimming pools. There are numerous housing options available in this residential development, which include 1, 2, 3 and 4-bedroom apartments. The annual rental price of a 1BR apartment in Rimal is AED 70,000 (USD 19,000). Daily rent can be charged at a minimum of AED 250 (USD 70) per day.
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