Listing by
Metropolitan Premium Properties
Listing by
Metropolitan Premium Properties
Madinat Jumeirah Living by Meraas, which is the entity of Dubai Holding, is one of the most prestigious neighbourhoods in Dubai, offering properties built in a classic arabesque architectural style. The entire complex will be appreciated by those wishing to experience living in a community full of luscious green areas and walkways, whilst enjoying breathtaking views of the famous Burj Al Arab and the Arabian Gulf. As of March 2023, a total of 7 phases have been released in Madinat Jumeirah Living, which include Rahaal, Lamtara, Lamaa, Jomana, Jadeel, Asayel and Al Jazi.
Madinat Jumeirah Living, located in Umm Suqeim, is close to the coast of the Arabian Gulf but at the same time is easily connected with other areas of the emirate. The Sheikh Zayed Road can be reached via Jumeirah Street and Umm Suqeim Street. Among the closest bus stops to the development are: Burj Al Arab Hotel 1 and Burj Al Arab Hotel 2, which are both just a 5-minute walk from the neighbourhood.
It might be more convenient to travel around the city by private vehicle, as residents of Madinat Jumeirah Living will also have access to underground parking. Travel time to Business Bay, Downtown Dubai and Dubai International Airport takes about a 25 minute drive.
Residents of Madinat Jumeirah Living will have access to a great number of amenities located right on the territory of the community, such as:
The closest educational institutions and medical clinics are located just a 5-15 minute drive from MJL, these are:
Dubai is famous for its wide range of sights and attractions. Residents of Madinat Jumeirah Living can easily get to a number of entertainment and leisure activities within a short period of time. Within a 5-15 minute drive one will reach several landmarks that are worth visiting, including:
Among the closest shopping centers to Madinat Jumeirah Living, residents can consider the following options:
Madinat Jumeirah Living is a perfect choice for those who value their privacy and safety, and wish to experience a premium waterfront lifestyle close to the key areas of the emirate. The real estate here is in high demand among families with children, since it boasts close proximity to various prestigious academic facilities, including Kings’ School Dubai, Raffles International School, Horizon International School and Emirates International School – Jumeirah.
Potential owners can choose from 1-7 bedroom apartments and 4-bedroom penthouses. As of March 2023, the starting price of a 1-bedroom unit with a living area of 1,097 sq.ft is AED 1.35M (USD 367K), whilst a penthouse of 2,700 sq. ft can be purchased for at least AED 10M (USD 2.7M). Not forgetting a full floor of 9,010 sq. ft for AED 22M (USD 5.9M) and a half-floor of 753 sq. ft for AED 1.8M (USD 490K).
*The price is valid for 2023
Moreover, investment in residential properties in Dubai allows owners to apply for a long-term residency visa. To be eligible for this type of visa, the price of the property must be a minimum of AED 750K (USD 204K) to obtain a 2-year investor visa, while investors spending over AED 2M (USD 545K) can get a chance to apply for a 10-year Golden Visa.
If you are planning to invest in a Madinat Jumeirah Living property for a subsequent lease, you will be keen to learn that 1-bedroom units here, according to Property Finder, generate an ROI of 7.3%, as of Q1 2023. The initial rental cost for this type of unit is currently AED 105K (USD 26K) per annum.
*The price is valid for 2023
It is worth noting that Madinat Jumeirah Living is a freehold area which means foreing buyers can purchase any property with 100% ownership. Some of the most popular properties available for purchase in several projects in the MJL are as follows.
Jadeel
Jadeel is one of the latest additions to Madinat Jumeirah Living, which is reminiscent of the spirit of traditional Arabic homes. The complex has an array of 1-4 bedroom apartments,ranging in floor plan areas from 743 sq.ft to 3,447 sq.ft. Residents of the complex will have access to:
The project is planned to be completed in Q2 2025. As of Q1 2023, the starting cost of a 1-bedroom unit in Jadeel is AED 1.39M (USD 378K).
*The price is valid for 2023
Al Jazi
Al Jazi is a complex of four 9-storey buildings. Future residents can choose a unit from 1-4 bedroom apartments with living areas of 734 sq.ft to 4,128 sq.ft. All units boast thoughtfully designed interiors and premium finishings.
Among the features and amenities on offer are:
As of Q1 2023, a 1-bedroom unit in Al Jazi costs from AED 1.4M (USD 378K). The planned completion date for this project is Q3 2025.
*The price is valid for 2023
Several complexes are completed and ready-to-move into. Among them are:
Lamtara
Lamtara is a complex of three mid-rise buildings, located close to the central hub of the community. Residents of Lamtara are provided with:
As of Q1 2023, a 1-bedroom apartment with an area of 784 sq. ft can be rented from AED 130K (USD 35K) per annum.
*The price is valid for 2023
Rahaal
Rahaal consists of two residential buildings with 1-4 bedroom apartments which are finished with the highest quality materials. Among the amenities which are offered to residents of Rahaal are:
The starting cost of renting a 1-bedroom apartment with a living area of 817 sq. ft is AED 127K (USD 35K) per annum, as of Q1 2023.
*The price is valid for 2023
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