Properties for Sale in Jumeirah

Jumeirah 1 offers a wide range of freehold villas to buy with premium amenities and beach access. They are also highly profitable, as villas are one of the most popular types of property to rent in this residential community. Another option, which is in high demand among buyers, is to purchase plots of land. A buyer can build a villa to their own design specifications and either reside in the property themselves, or rent it out for a long-term profit as well.

The residential community of Jumeirah 1, together with Jumeirah 2 and Jumeirah 3, is part of the old district of Jumeirah which has been a highly popular area to reside in for western expatriates working in the UAE over the last 60 years. Historically, this area was occupied by Arabs who were either fishermen, traders or pearl divers, but since the 1960’s, Jumeirah has grown steadily and has become a rather prospective place to live and rent property. Since 1995 and the expansion of the emirate, Dubai has shown significant growth in housing developments across the city, and Jumeirah is no exception.

The neighbourhood is known as the ‘Beverly Hills of Dubai’, and is one of the most expensive and exclusive communities in the city. A lot of homeowners and investors prefer Jumeirah 1, as it gives them the opportunity to choose from hundreds of luxury townhouses, villas and apartments. Jumeirah 1 is a secluded and private residential neighbourhood, but at the same time, it is a busy and vibrant community with a beautiful beachside and coastal area that is known for its range of various leisure activities as well.

The whole western area of Jumeirah is bordered by the commercial seaport of Rashid and Dubai Marina Beach Resort & SPA. In the east, the area is bordered by the Oasis desalination plant on one side and Jumeirah Beach Residence, also known as JBR on the other, and the northern part of Jumeirah runs along the coast of the Arabian Gulf. Jumeirah features one of the best beaches in Dubai, called Jumeirah Beach, which makes Jumeirah a busy tourist hub and an attractive place for investors as well. This means, even projects which are located relatively far from the area, yet carry the name of ‘Jumeirah’ as a part of their branding, such as Hilton Jumeirah or Sheraton Jumeirah, still have a roaring trade due to the portrayal of the area.

Tourists prefer this district because of its modern infrastructure, recreation facilities and entertainment, premium dining venues, high-end retail spots and luxury 5-star hotels. The whole area of Jumeirah is known for having the highest concentration of hotels in Dubai, including the iconic Burj Al Arab, Jumeirah Beach Hotel, Madinat Jumeirah, Jumeirah Arabian Resort and many others. The famous artificial island of Palm Jumeirah, made famous by the Atlantis Hotel, is also adjacent to Jumeirah.

Jumeirah 1, similar to the other parts of Jumeirah, houses mainly low-rise residential buildings, unlike multiple other areas of Dubai with countless high-rise towers and skyscrapers spread across the city. There are large detached villas, as well as smaller townhouses which are built in various architectural styles including both contemporary and traditional Arabic designs. All developments in Jumeirah 1 have been constructed using the highest quality materials and many homes come with a wide range of facilities, which include steam rooms, saunas, swimming pools and allocated parking spaces, either at the front of the house or behind. The open-plan indoor living layouts, together with high ceilings provide as much light and space as possible. Most of the residential developments in Jumeirah offer a temperature-controlled pool and remote-controlled blinds, and landlords seem to be fairly flexible when allowing tenants to customize homes according to their individual needs and preferences. Each type of residence unit includes multiple parking options, such as private garages, car porches and basement parking facilities.

The major property developments in Jumeirah consist of apartments, townhouses, villas and residential and commercial plots, which are all available in different sizes, layouts and prices. This is a family-friendly community due to the secluded area with lots of green parks and schools all within close proximity. At the same time, Jumeirah 1 is known for promoting an active lifestyle with its recreational and fitness centers, as well as play areas for children. The district is perfectly situated for easy access to Dubai’s major transportation hubs and top attractions, making it one of the best-located districts in the city. Jumeirah has expensive and large detached villas, as well as more modest townhouses to suit different budgets. The area is very popular with expats and highly familiar to many tourists visiting Dubai.

The major part of the community consists of villas and townhouses, however only UAE nationals and GCC citizens are able to purchase property in Jumeirah, although there are freehold land plots available for sale to foreign investors and buyers. There are multiple compounds with villas and townhouses in Jumeirah, which offer premium residential units with a range of amenities. The rental yield for both long-term and short-term properties in Jumeirah 1 is currently stable and expected to rise. Key aspects of the community, namely the landmarks, its wide range of nearby amenities and its beachside location have a positive impact on return rates as well. It is also attributed to the high-occupancy rate, plus a host of end-users looking for affordable properties in this central location.

The average annual rental price in Jumeirah for a 1BR apartment is AED 70,000 (USD 19,000) and the ROI has reached 6.1%. The obligatory fees for management, utilities and 5% VAT amount to approximately AED 11,000 (USD 3,000), making a net profit (including ROI) from the investment of approximately AED 63,000 (USD 17,200).

Shopping and dining are just some of the more popular entertainment activities of tourists and homeowners in Jumeirah 1. There are a large number of shopping malls in the neighbourhood and nearby, such as:

• Town Center Jumeirah
• Mercato Shopping Mall
• Palm Strip Mall
• Mall at La Mer by Meraas
• Jumeirah Plaza

Jumeirah 1 features excellent outdoor facilities that provide the ultimate experience for both its residents and tourists, whether it’s family-friendly activities or nightlife spots.