Jadeel is an upscale residential complex in Madinat Jumeirah Living (MJL), Umm Suqeim, which was launched back in Q1 2022 by the privately held master developer; Meraas. The overall development consists of 2 phases that encompasses three 11-storey towers, offering a selection of 1-4 bedroom apartments of 743 sq. ft-3,447 sq. ft. For a distinctive look, the newly released development skillfully combines external classic Arabesque architecture and interiors designed in a chic modern style. Surrounded by meandering wadis and oases, Jadeel boasts a stunning view of the famous Burj Al Arab 7-star hotel, which is a long-time favourite among VIP’s and celebrities.
Residents of the development will be able to benefit from a variety of layouts with private terraces and/or balconies, ranging between 91 sq. ft-1,071 sq. ft. Living areas include thoughtfully crafted living and dining spaces, and each apartment includes a laundry room for the utmost convenience of homeowners, whereas a maid’s room with an attached bathroom is present in almost all 2-bedroom properties, alongside 3 and 4-bedroom units.
Jadeel sits within the MJL master community which will be equipped with an array of lifestyle facilities, such as a gym, 2 play areas and children’s pools, as well as 2 communal swimming pools, among others. Not forgetting that homeowners will also be granted full access to the community family-oriented amenities within MJL as well.
These are as follows:
Security is key in the entire MJL community, thus, it is designed as a pedestrian-friendly space, with minimum traffic and ambient noise.
A 1-bedroom apartment of 743 sq. ft in Jadeel costs a minimum of AED 1,490,000 (USD 406,000) at least.
If you are keen on purchasing an apartment in Madinat Jumeirah Living, it is worth taking a look at Lamtara, which is part of this community as well. This complex offers an array of ready to move 1-4 bedroom residences at the same price as Jadeel.
*The price is valid for 2022
Jadeel is located in close proximity to Jumeirah Street and Jumeirah Beach Road, which significantly facilitates moving around Dubai. That being said, some of the emirate’s most covetous areas can be reached within 20 minutes’, providing there is no traffic. These include, but are not limited to Bluewaters Island, Jumeirah Beach Residence, Downtown Dubai, and most importantly, Dubai International Airport. There are also plenty of bus stations scattered around the complex, such as Burj Al Arab Hotel 1, Burj Al Arab Hotel 2, and Wild Wadi 1, among others.
This development is expected to appeal to families with children, as it is situated within a 15-minute walk of many outstanding academic institutions for children of all ages. Nearby schools and nurseries include:
Additionally, Jadeel is just a stone’s throw away from iQ Tennis Academy and Emirates Academy of Hospitality. For medical emergencies and routine check-ups, homeowners will be able to make an appointment at Seven D Medical Center which is close by. It will also be possible to stock up on groceries in Aswaaq Mall – Umm Suqeim and Omar Al Muhairi Grocery, and there is an Emirates NBD bank; one of the leading banks in the UAE, that can facilitate any financial operations you may need.
As well as all the above, Jadeel in MJL will provide easy access to a wide range of various F&B venues, such as:
Not forgetting that Jadeel is within the immediate vicinity of several iconic destinations, which are the Burj Al Arab, Umm Suqeim Beach, Wild Wadi Waterpark and the Pavilion Marina & Sports Club, just to name a few, ensuring plenty of leisure options for residents of the prime complex. Moreover, homeowners of Jadeel will have full access to an air-conditioned pedestrian bridge, which is connected to the famous Souk Madinat Jumeirah, with 75 retail stores, fine eateries and galleries.
Madinat Jumeirah Living, where Jadeel is located, is the first freehold community in the coveted area of Umm Suqeim. That being said, after acquiring a property in Jadeel, you will be able to sell, lease or mortgage it without restriction, outside of local planning and environmental legislation. It is worth noting that leasing an apartment in this development is a perfect option for generating income, as the starting rental price for a 1-bedroom apartment in MJL constitutes to AED 90,000 (USD 24,500) per annum, as of Q1 2022. The estimated ROI for these properties is set to reach 7-8% in this community.
Once Jadeel is completed, you will be able to benefit from a 3-year investor visa, in which the minimum qualifying amount is set at AED 750,000 (USD 205,000). Among other perks, the visa includes family sponsorship, allowing you to relocate your children and spouse to the UAE. This visa is applicable only to 100% completed properties and can be renewed multiple times.
*The price is valid for 2022
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