Projects in JBR
About Jumeirah Beach Residence (JBR)
JBR, located along the coast of Dubai Marina, is one of the most popular residential areas in Dubai. Developed by Dubai Properties, it's famous for landmarks like The Beach and The Walk. The project began in 2002, opened in 2008, and cost about AED 6 billion (USD 1.6B) nd the total area of the development is 18,298,647 sq. ft. Overseen by the Mace Group, it involved workers and materials from around the world. The architects, Arif & Bintoak, are known for their work on many Dubai projects.
JBR has more than 40 tall towers with up to 46 floors each. It's divided into 6 blocks: Murjan, Sadaf, Bahar, Rimal, Amwaj, and Shams. There are about 7,000 homes, enough for 15,000 people. It holds two world records as the biggest residential area and the largest mixed-use project. JBR offers various types of homes, from studios to penthouses, for sale and rent. It's popular among young families and singles because of its beach lifestyle, retail stores, restaurants, and cafes. Residents have access to many amenities and facilities.
- Swimming pools
- High-tech gyms
- Beauty salons
- Service centers
- Premium five-star hotels
- Designer outlets
- Cinema
- Restaurants and bars
Most luxury homes in JBR come fully furnished, with some even offering services like housekeeping. These apartments are spacious and equipped with modern comforts like private pools and gardens. You'll enjoy stunning views of the neighborhood, the sea, and Ain Dubai. The architecture is a blend of Mediterranean and Arab styles, giving JBR a unique charm compared to the rest of Dubai's skyscrapers.
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Infrastructure
JBR, located in Dubai Marina, is well-connected to the city with easy access to Sheikh Zayed Road. The area has good public transport, including nearby metro stations like DMCC and Dubai Marina, which are quicker than driving during busy times. JBR also has its own tram stops, making it convenient to get around. Dubai International Airport is about 30 minutes away, while Al Maktoum International Airport is around 40 minutes away.
In JBR, you'll find everything you need right in the neighborhood. From supermarkets to schools, hospitals, and places of worship, it's all here. There are also banks like Emirates NBD and an Al Hilal Bank ATM nearby. JBR is famous for its entertainment, dining, and shopping options, with lots of fun venues, stores, and restaurants to explore. If you're looking for more leisure activities and nightlife, head over to Dubai Marina. Plus, you're close to popular attractions like Dubai Marina Mall, Mall of the Emirates, Burj Al Arab, and Miracle Gardens.
Investors love JBR because it's near two major business districts: Dubai Internet City and Dubai Media City. These areas are important hubs for information and communication. For education and hiring, Dubai Knowledge Park is nearby, dedicated to professional learning and education.
Entertainment
Jumeirah Beach Residence (JBR) is a bustling and vibrant area in Dubai, packed with exciting attractions and events for both locals and visitors to enjoy all year round.
The Beach
This beach is top-notch in Dubai and ideal for a vacation. It's always bustling with fun activities like yoga, camel rides, and beach games. There's a special spot called Sea Breeze for water sports like parasailing and wakeboarding, plus plenty of play areas for kids. Aquafun, the world's largest inflatable water park, is right here on The Beach. JBR is also fantastic for dining and shopping, with lots of restaurants and stores for everyone to enjoy.
The Walk
The Walk is a beautiful waterfront area stretching 1.7km, filled with fancy shops and top-notch restaurants. Throughout the year, there are cultural events, street shows, and dance performances by local artists. You can also find workshops, markets, and even film screenings during the Dubai International Film Festival.
The Walk features art displays, sand sculptures, photography exhibits, and street paintings. Plus, there are stalls selling arts and crafts. If you're hungry, you can dine at hotels like Hilton Dubai The Walk and Rixos Premium Dubai JBR, which offer a variety of dining options from fine dining to casual eateries.
Jumeirah Beach Residences is linked to Bluewaters Island by a pedestrian bridge over the sea, spanning 265 meters. Bluewaters Island boasts beaches, two luxury hotels, and more than 200 shops and restaurants. The highlight of the island is Ain Dubai, the world’s largest Ferris wheel, which opened in late 2021.
Ain Dubai offers stunning views of landmarks like the Burj Al Arab, Burj Khalifa, Palm Jumeirah, and Dubai Marina. Another popular spot on the island is Caesars Palace, the first in the UAE and second worldwide after Las Vegas. The expansive hotel offers various water sports, pool and beach activities, a spa, and 12 bars and restaurants.
Economic Appeal of Business Bay
According to the Bayut 2020 Annual Rental Report, Jumeirah Beach Residence (JBR) is a top pick in Dubai for renting luxury apartments. Its prime location by the sea, with lots of entertainment spots and famous landmarks nearby, makes it a great investment opportunity. Plus, properties here are freehold, meaning you own them outright. Many people are drawn to JBR for both investment and living because of its beachfront setting. Despite high demand for premium homes in JBR, rental and buying prices are still reasonable.
Currently, JBR is home to over 33 nationalities, with many visitors flocking here for vacations. The area offers a mix of hotels, restaurants, nightlife, and year-round activities, making it popular with people from all over. For investors, JBR's proximity to major business and leisure hubs makes it a smart choice.
Studio apartments are the most sought-after investment option in JBR, offering a high return on investment (ROI) of 6.1%. Rent for a studio averages around AED 70,000 (USD 19,000) per year, with prices starting from AED 780,000 (USD 213,000) to buy. After factoring in management fees, utilities, and VAT, the net profit is estimated at around AED 63,000 (USD 17,000) annually.
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Jumeirah Beach Residence
