Property for sale in JBR
Property in Jumeirah Beach Residence for investment and living presents an excellent option for foreigners. The area is part of the largest resort community, the Dubai Marina, known not only for one of the most popular beaches but also for its spacious promenade. Property in Dubai within this community is premium-class and in demand among investors.
Real estate for sale in JBR encompasses all sought-after types, ranging from studio units and apartments of various sizes to private villas. The community boasts 40 skyscrapers, with 35 dedicated to residential. The remaining five towers are commercial. Despite the challenges posed by modern high-rise architecture, the cluster maintains the serene atmosphere of a coastal area.
The community is a freehold zone, enabling citizens of any country to buy property in JBR and own it outright. Investments in housing are potentially profitable as flat prices in Dubai grow annually. This presents an accessible opportunity to expand an investment portfolio with a highly liquid and income-generating asset.
Property prices in Jumeirah Beach Residence directly relate to the specific type of object, its size and the complex's advantages. Average prices for flats are as follows:
- Studio units – AED 834,000 (USD 227,000)
- 1-bedroom housing – AED 1.37 million (USD 373,000)
- 2-bedroom flats – AED 2.09 million (USD 569,000)
- 3-bedroom flats – AED 2.78 million (USD 757,000)
- 4-bedroom residences – AED 5.82 million (USD 1.58 million)
Lifestyle in Jumeirah Beach Residence
The cluster is known for its dynamic atmosphere, featuring trendy cafês, branded boutiques and numerous entertainment venues. Everything necessary for comfort is within walking distance, allowing for a relaxed or active lifestyle. Many complexes offer residents additional amenities, including on-site fitness centres, pools and restaurants, ensuring owners find everything necessary for daily life without leaving the project's territory.
A key highlight of the community is the namesake well-maintained beach, visited not only by residents but also by those from neighboring communities. It’s renowned for its developed infrastructure, boasting various water sports and a well-maintained area. Another feature is that it provides access to the entertainment and leisure centre, Bluewaters Island, separated from the area by a pedestrian bridge.
The cluster hosts numerous branches of large chain stores, including Zoom, Al Maya Supermarket and All Day JBR. The largest shopping mall in the community is The Beach Mall, offering extensive shopping opportunities. Residents can also visit the nearby Dubai Marina Mall, a hub for boutiques, cafês and restaurants or stroll along the landscaped promenade, The Walk.
The area is also suitable for living with children, as it boasts nearby facilities such as Kidville, Toddler Town and British Orchard Nurseries. Additionally, prestigious schools like Dubai British School and GEMS World Academy provide high-level education.
The community is conveniently located. A trip to the international airports DXB and Al Maktoum takes about 30 minutes. Public transport in the area is represented by tram routes. Metro services are also available, with the nearest station being DMCC Metro Station.
Investment real estate in JBR
The area is not only appealing to those seeking a home in a country with a rapidly developing economy. Purchasing property in the community allows for fund preservation and income generation. Buying an apartment in Dubai and reselling it profitably is feasible. Over the past few years, the city has seen a stable increase in prices, with an average rise of 4.6–22% in 2023.
Cost of property in JBR is growing alongside rental rates. Therefore, renting out housing and generating a stable income is equally profitable, especially considering the absence of personal income taxes in the UAE.
Real estate has a high profitability rate, with specific figures depending on the type of housing:
- Studio options – 6.1%
- 1-bedroom apartments – 4%
- 2-bedroom apartments – 4.4%
- 3-bedroom residences – 4%
Dubai's dynamic housing market also ensures the profitability of under-construction projects. Prices at the start of sales are more favourable than in completed projects, allowing for a resale profit of 20–30% of the original cost.
Buying property in JBR for foreigners
Emirates.Estate serves as a reliable assistant for buyers considering purchasing housing in the UAE. The site offers a vast database of real estate directly from developers and agencies. The portal also provides detailed information about market trends in the country, practical advice on how to buy real estate in JBR for expats and much more. Easy-to-use search filters simplify the search for the perfect home, whether it's a cosy apartment or a spacious villa in Dubai, making the selection process fast and convenient. Explore current offers to ensure you don’t miss out on the most advantageous deals.