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Shams JBR

Buy Property in Shams JBR

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About the project

Shams JBR is a residential complex consisting of four buildings, located in the Jumeirah Beach Residence (JBR) community. The buildings include apartments with 1-4 bedrooms and penthouses with 4 bedrooms. The project belongs to developer Dubai Properties Group and was completed in 2009.

This residential complex has all the necessary amenities for a comfortable life, as there is a children’s playground, a gym, sauna, swimming pool, jacuzzi, steam room and a cafeteria all on-site. Allocated parking and high-speed elevators are also provided for residents, and residents’ safety is ensured by 24-hour physical security, as well as surveillance cameras.

There is a dedicated area for barbecues and parties on the territory of the complex and there is also an equipped room for corporate events and meetings. Concierge services are available for all residents around the clock.

Shams JBR has properties for sale ranging in size from 1,200 sq. ft to 4,400 sq. ft (111sq. m – 409 sq. m). The minimum price of apartments here is AED 1,100,000 (USD 300,000) and the maximum price – AED 5,200,000 (USD 1,415,700).

*The price is valid for 2021

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Location

Shams is a 7-minute walk from the JBR tram stop. The Damac Properties Metro Station is also within walking distance.

Restaurants within a 7-10 minute drive of the complex include:

  • El Chico
  • Wagamama Dubai Marina
  • P.F. Chang’s

Al Maya Supermarket, Carrefour Market and ZOOM are all a 10-minute drive from the apartments. At the same distance is one of the most popular shopping malls, Dubai Marina Mall which features more than 140 retail outlets, 21 restaurants and a children’s playground.

A 10-minute walk from the complex is Dubai Marina Walk and Palm Jumeirah Island.

Toddler Town British Nursery is a 2-minute walk away and GEMS Wellington International School is 10 minutes’ away by private vehicle. The development of Shams JBR is also in close proximity to the academic campus of Dubai Knowledge Park with many universities including Middlesex University Dubai and the University of Wollongong located here.

Jumeirah Beach Residence has a 24 hour Medcare Medical Centre and the Emirates Hospital Clinic is a 9 minute drive away.

Payback

Buying apartments and penthouses in Shams can expect a return on investment of about 5% – 5.5%. Annual rental prices in this complex range from AED 85,000 to 277,000 (USD 23,100-75,400). Given these figures, investments in these types of properties will pay for itself within 15-22 years.

*The price is valid for 2021

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