Off-Plan Properties Jumeirah Beach Residence In Dubai

Last Updated on August 1, 2023 by Bram Vermolen

Off-plan properties are properties that are purchased before they are fully constructed or even before the construction begins. Off-plan properties offer a number of advantages for investors and buyers, such as lower prices, flexible payment plans, higher capital appreciation, and customization options.

However, off-plan properties also come with some risks and challenges, such as delays, quality issues, legal disputes, and market fluctuations. Therefore, it is important to do proper research and due diligence before investing in off-plan properties.

About Jumeirah Beach Residence

Jumeirah Beach Residence, or JBR as it is fondly called, is a 1.7-kilometre-long, 2-square-kilometre gross floor area waterfront community located on the coast of the Persian Gulf in Dubai Marina in Dubai, United Arab Emirates. It is a residential development that contains 40 towers (35 are residential and 5 are hotels). JBR can accommodate about 15,000 people, living in its apartments and hotel rooms. The project was launched by Dubai Properties, a subsidiary of Dubai Holding, in August 2002 and was completed in 2010.

JBR is a mixed-use community that offers a luxurious and serene lifestyle in an island community, with a variety of amenities, facilities and attractions for its residents and visitors. Some of them are:

• The Walk: A 1.7-kilometre strip on the ground and plaza levels of the complex that features over 300 retail outlets, restaurants, cafes, cinemas, galleries, and entertainment venues.
• The Beach: A retail complex constructed on the actual beach in front of JBR that offers over 70 retail and food and beverage outlets, alongside leisure and entertainment facilities, such as a water park, a cinema, a gym, a playground, and a running track.
• Bluewaters Island: A man-made island opposite JBR that hosts hotels, apartments, villas, dining and entertainment facilities, and the Ain Dubai (formerly the Dubai Eye), the world’s tallest Ferris wheel at 250 metres.
• Nikki Beach: A world-renowned beach club brand that offers the ultimate lifestyle experience with music, dining, fashion, film and art. Nikki Beach features a 450-metre private beach, a 27-metre lap pool, a resort-style swimming pool with a swim-up bar, a kids’ club, a spa, a gymnasium, and several dining outlets.

How Is The Dubai Jumeirah Beach Residence Real Estate Market?

The real estate market in JBR is one of the most dynamic and lucrative in Dubai. JBR offers a variety of properties for sale and rent, ranging from studios to penthouses, with different sizes, views, and amenities. JBR is a freehold community that allows foreign investors to own properties and benefit from the high rental yields and capital appreciation. JBR is also a prime location for business and leisure, with over 6,500 companies operating in the area and numerous entertainment and leisure options available.

According to Bayut and Property Finder, the average sale price per square foot in JBR was AED 1,000 in June 2021. This is lower than the average sale price per square foot in Palm Jumeirah (AED 1,600), Downtown Dubai (AED 1,400), Business Bay (AED 1,100), but higher than the average sale price per square foot in Jumeirah Village Circle (AED 700), Dubai Sports City (AED 600), International City (AED 400). The average sale price per square foot in JBR has increased by 4% since January 2021.

The following table shows the average sale prices for different types of properties in JBR based on the data from Bayut6 and Property Finder7. The prices are in AED and are subject to change depending on the market conditions.

Property Type	Average Sale Price
Studio	800,000
1 Bedroom	1,200,000
2 Bedrooms	2,000,000
3 Bedrooms	3,000,000
Penthouse	8,000,000

How Is The Off-Plan Property Market In Jumeirah Beach Residence?

The off-plan property market in JBR is one of the most attractive and affordable in Dubai. JBR offers a number of off-plan property projects that offer investors and buyers a chance to own a premium and exclusive property in an attractive and growing location. By investing in off-plan property in JBR, investors and buyers can benefit from lower prices, flexible payment plans, higher potential for capital appreciation, and customization options. However, investing in off-plan property in JBR also comes with some risks and challenges, such as delays, quality issues, legal disputes, and market fluctuations. Therefore, it is important to do proper research and due diligence before investing in off-plan property in JBR.

What Are The Benefits Of Off-Plan Property In Jumeirah Beach Residence?

Some of the benefits of off-plan property in JBR are:

• Lower prices: Off-plan properties are usually priced lower than ready properties, as developers offer discounts and incentives to attract buyers and investors. Off-plan properties also have lower registration fees and transfer fees than ready properties.
• Flexible payment plans: Off-plan properties offer flexible payment plans that allow buyers and investors to pay in installments over a period of time, rather than paying the full amount upfront. This helps buyers and investors to manage their cash flow and budget better.
• Higher potential for capital appreciation: Off-plan properties have a higher potential for capital appreciation over time, as the value of the property increases as the project progresses and reaches completion. Off-plan properties also have a higher potential for rental income, as the properties can be rented out at higher rates due to their location, quality, and amenities.
• Customization options: Off-plan properties offer customization options that allow buyers and investors to choose the layout, the finishes, the fittings, and the furnishings of their properties according to their preferences. This helps buyers and investors to create their dream homes or ideal investments.

What Are The Disadvantages Of Off-Plan Properties In Jumeirah Beach Residence?

Some of the disadvantages of off-plan properties in JBR are:

• Delays: Off-plan properties are subject to delays due to various factors, such as construction issues, market conditions, legal disputes, or force majeure events. Delays can affect the delivery date, the quality, and the value of the property.
• Quality issues: Off-plan properties may have quality issues due to poor workmanship, faulty materials, or design flaws. Quality issues can affect the functionality, the aesthetics, and the value of the property.
• Legal disputes: Off-plan properties may have legal disputes due to contractual breaches, non-compliance with regulations, or fraud. Legal disputes can affect the ownership rights, the financial obligations, and the reputation of the parties involved.
• Market fluctuations: Off-plan properties are subject to market fluctuations due to changes in supply and demand, economic conditions, or consumer preferences. Market fluctuations can affect the price, the profitability, and the liquidity of the property.

What Is The ROI On Off-Plan Properties In Jumeirah Beach Residence?

The ROI, or return on investment, is a measure of how profitable an investment is, calculated by dividing the net income by the initial cost. Off-plan properties in Jumeirah Beach Residence (JBR) offer a high ROI for investors and buyers, as they can benefit from lower prices, flexible payment plans, higher potential for capital appreciation, and higher rental income. According to Bayut and Property Finder, the average ROI for off-plan properties in JBR was 6.4% in June 2021. This is higher than the average ROI for off-plan properties in Dubai, which was 5.8% in the same month.

The following table shows the average ROI for different types of off-plan properties in JBR based on the data from Bayut and Property Finder. The ROI is calculated by dividing the annual rental income by the sale price. The ROI is subject to change depending on the market conditions.

Property Type	Average Sale Price	Average Rental Income	Average ROI
Studio	800,000	50,000	6.3%
1 Bedroom	1,200,000	80,000	6.7%
2 Bedrooms	2,000,000	130,000	6.5%
3 Bedrooms	3,000,000	200,000	6.7%
Penthouse	8,000,000	500,000	6.3%

Why Is Jumeirah Beach Residence Off-Plan Property Interesting For Real Estate Developers?

Jumeirah Beach Residence off-plan property is interesting for real estate developers because it offers them a chance to create and sell premium and exclusive properties in an attractive and growing location. By developing off-plan property in JBR, developers can benefit from:

• High demand: JBR is one of the most popular and prestigious waterfront communities in Dubai, attracting both local and foreign investors and buyers who are looking for luxurious and serene lifestyle in an island community.
• Competitive edge: JBR offers a unique opportunity for developers to create and sell innovative and distinctive properties that stand out from the rest of the market and offer high value for money.
• Brand recognition: JBR is a well-known and well-established brand that has a strong reputation and appeal among the target audience. By developing off-plan property in JBR, developers can leverage the brand name and image of JBR to attract more customers and increase their sales.

Why Is Jumeirah Beach Residence Off-Plan Property Interesting For Real Estate Investors?

Jumeirah Beach Residence off-plan property is interesting for real estate investors because it offers them a chance to own a profitable and secure property in an attractive and growing location. By investing in off-plan property in JBR, investors can benefit from:

• Lower prices: Off-plan properties are usually priced lower than ready properties, as developers offer discounts and incentives to attract investors. Off-plan properties also have lower registration fees and transfer fees than ready properties.
• Flexible payment plans: Off-plan properties offer flexible payment plans that allow investors to pay in installments over a period of time, rather than paying the full amount upfront. This helps investors to manage their cash flow and budget better.
• Higher potential for capital appreciation: Off-plan properties have a higher potential for capital appreciation over time, as the value of the property increases as the project progresses and reaches completion. Off-plan properties also have a higher potential for rental income, as the properties can be rented out at higher rates due to their location, quality, and amenities.

Why Is Jumeirah Beach Residence Off-Plan Property Interesting For Off-Plan Buyers?

Jumeirah Beach Residence off-plan property is interesting for off-plan buyers because it offers them a chance to own a premium and exclusive property in an attractive and growing location. By buying off-plan property in JBR, buyers can benefit from:

• Customization options: Off-plan properties offer customization options that allow buyers to choose the layout, the finishes, the fittings, and the furnishings of their properties according to their preferences. This helps buyers to create their dream homes or ideal investments.
• Future-proofing: Off-plan properties are usually designed and built according to the latest standards and technologies, ensuring that they are future-proof and sustainable. Off-plan properties also offer warranty and after-sales services that guarantee the quality and maintenance of the properties.
• Lifestyle benefits: Off-plan properties in JBR offer lifestyle benefits that enhance the quality of life of the buyers. Off-plan properties in JBR are located in a mixed-use community that provides a vibrant and convenient lifestyle for its residents, with easy access to public transportation, retail outlets, restaurants, parks, and lakes. Off-plan properties in JBR are also close to some of the popular destinations in Dubai, such as Dubai Marina, JBR Beach, Mall of the Emirates, and Ibn Battuta Mall.

What To Consider When Buying Off-Plan Properties in Dubai Jumeirah Beach Residence?

Buying off-plan properties in Dubai Jumeirah Beach Residence (JBR) can be a rewarding investment option, as it offers the opportunity to purchase a property at a lower price than the market value, and benefit from the potential capital appreciation and rental income. However, there are also some risks and challenges involved in buying off-plan properties, such as delays, quality issues, or market fluctuations. Therefore, it is important to consider the following factors before making a decision:

1. Developer reputation

One of the most crucial factors to consider when buying off-plan properties in JBR is the reputation and track record of the developer. You should research the developer’s previous projects, delivery history, financial stability, customer feedback, and legal status. You should also check if the developer is registered with the Real Estate Regulatory Agency (RERA) and has an escrow account for the project. This will ensure that your money is protected and that the developer is accountable for delivering the project as per the contract.

2. Project location

The location of the project is another important factor to consider, as it affects the value, demand, and livability of the property. You should look for a project that is well-connected to the main roads, public transportation, and amenities such as schools, hospitals, malls, and entertainment venues. You should also consider the views, noise levels, and future developments in the area. JBR is a prime location in Dubai, as it offers a beachfront lifestyle, a vibrant community, and a variety of attractions. However, not all projects in JBR have the same advantages, so you should compare different options and choose the one that suits your preferences and budget.

3. Payment plans

Payment plans are another factor to consider when buying off-plan properties in JBR, as they determine how much you have to pay upfront and over time. Typically, developers offer attractive payment plans for off-plan properties, such as low down payments, flexible installments, post-handover payments, or discounts. You should compare different payment plans and choose the one that matches your financial situation and goals. You should also be aware of any hidden fees or charges that may apply, such as registration fees, service charges, or penalties for late payments.

4. Payment structure options

Payment structure options are another factor to consider when buying off-plan properties in JBR, as they affect the risk and return of your investment. There are two main payment structure options for off-plan properties: linked plan and time-linked plan. A linked plan is where you pay according to the construction progress of the project. This reduces the risk of delays or non-delivery, as you only pay for what has been completed. However, it also means that you have less control over your cash flow and may have to pay more if the construction costs increase. A time-linked plan is where you pay according to a fixed schedule regardless of the construction progress. This gives you more control over your cash flow and may allow you to benefit from lower prices if the construction costs decrease. However, it also means that you bear more risk of delays or non-delivery, as you pay in advance for something that has not been completed.

5. Due diligence

Due diligence is another factor to consider when buying off-plan properties in JBR, as it helps you verify the information and claims provided by the developer and avoid any potential pitfalls or disputes. You should conduct due diligence on various aspects of the project, such as:

• The legal status and validity of the title deed, sales contract, Oqood certificate (pre-registration), and other documents related to the project.
• The specifications and features of the property, such as size, layout, design, quality, finishing, amenities, and facilities.
• The expected completion date and handover process of the project.
• The market conditions and trends in JBR and Dubai.
• The expected rental yield and capital appreciation of the property.

You can conduct due diligence by yourself or hire a professional consultant or lawyer to assist you.

6. Property tax

Property tax is another factor to consider when buying off-plan properties in JBR, as it affects your overall cost and return on investment. In Dubai, there are two main types of property tax: land tax and transfer tax. Land tax is an annual fee that applies to all properties in Dubai except for freehold properties owned by UAE nationals or GCC nationals. The land tax rate is 0.1% of the property value per year. Transfer tax is a one-time fee that applies to all property transactions in Dubai except for inheritance or gift transfers among first-degree relatives. The transfer tax rate is 4% of the property value at the time of transfer.

Community Overview Of Jumeirah Beach Residence

Jumeirah Beach Residence (JBR) is a 1.7-kilometer-long, beach-front residential complex located on the coast of the Persian Gulf in Dubai Marina in Dubai, United Arab Emirates. It is a residential development and contains 40 towers (35 are residential and 5 are hotels). JBR can accommodate about 15,000 people, living in its apartments and hotel rooms. The project has 6,917 apartments, from 900 sq ft (84 m2) studios to 5,500 sq ft (510 m2) penthouses. JBR has a total of six residential blocks, Shams, Amwaj, Rimal, Bahar, Sadaf and Murjan (in order from west to east). JBR is within walking distance to Dubai Marina, Dubai Tram and Dubai Metro. The developer, Dubai Properties (a subsidiary of Dubai Holding), launched JBR in August 2002. This 6-billion dirham project was completed in 2010.

What Are The Most Popular Buildings In Jumeirah Beach Residence?

Some of the most popular buildings in Jumeirah Beach Residence are:

1. Bahar: Bahar is one of the most popular residential complexes to rent small studio apartments in Jumeirah Beach Residence (JBR). It comprises of seven towers, offering an idyllic waterfront lifestyle in Dubai. The bustling complex is surrounded by a range of restaurants, hotels and lounges. In fact, various family-friendly attractions such as Palm Jumeirah, Blue Water Island and the Atlantis Hotel are located in the vicinity. For those looking for lifestyle amenities, Bahar also comprises of a state-of-the-art gym and well-maintained swimming pool.
2. Rimal: Rimal is another popular residential complex to rent mid-sized studio apartments in Jumeirah Beach Residence (JBR). It consists of six high-rise towers, offering a comfortable living space in Dubai. Rimal is located close to The Walk and The Beach, which are well-known waterfront developments lined with an array of shops, restaurants and cafes. Rimal also offers various facilities such as a gym, a swimming pool, a children’s play area, and a landscaped garden.
3. Murjan: Murjan is another popular residential complex to rent larger studio apartments in Jumeirah Beach Residence (JBR). It comprises of six towers, offering a luxurious living space in Dubai. Murjan is situated near the beach and offers stunning views of the sea and the city. Murjan also provides various amenities such as a gym, a swimming pool, a sauna, a steam room, and a barbecue area.
4. 1 JBR: 1 JBR is one of the most talked about real estate projects in the UAE. It is a high-rise luxury apartment located next to the Ritz Carlton in the Jumeirah Beach Residence area. An eye-catching icon against the Dubai skyline and the gatekeeper to JBR, this statuesque tower features luxurious 2, 3 and 4 bedroom apartments as well as 5 bedroom penthouses. With its superb location, iconic address and exquisitely crafted design and interiors, this 43-storey tower is set to transform luxury beachside living.

Which Transportation And Parking Spaces Are There In Jumeirah Beach Residence?

There are various transportation and parking options available in Jumeirah Beach Residence:

• Public transportation: JBR is well-connected to the main roads, public transportation, and amenities such as schools, hospitals, malls, and entertainment venues. There are several bus stops, metro stations, and tram stations located near the complex. The nearest metro station is DAMAC Properties Metro Station on the Red Line. The nearest tram station is Jumeirah Beach Residence Station on the T1 Line.
• Valet parking: If you can’t wait to dive into The Beach, JBR experience, valet parking is available as well:
  • Standard: AED 55*/day per vehicle
  • VIP: AED 110*/day per vehicle
• Underground parking: Enjoy underground parking at AED 20 per hour. You can also avail three hours of complimentary parking if you spend AED 100 or more at any participating The Beach, JBR outlet.

Which Amenities, Schools And Healthcare Are There In Jumeirah Beach Residence?

JBR is a self-contained community that offers a range of amenities for its residents and visitors. Some of the amenities include:

• A 1.7 km long beachfront promenade, known as The Walk, that features retail outlets, cafes, restaurants, and entertainment venues.
• A beach mall, known as The Beach, that offers a cinema, a water park, a fitness center, and more.
• A marina that provides access to various water sports and activities, such as jet skiing, parasailing, banana boat rides, and yacht cruises.
• A tram system that connects JBR to other parts of Dubai Marina and the Dubai Metro.
• A cycling track that runs along the coast and offers scenic views of the Arabian Gulf and the city skyline.

JBR also has several schools and healthcare facilities nearby. Some of the schools include:

• Dubai British School Jumeirah Park, a British curriculum school for students from Foundation Stage to Year 13.
• Raffles World Academy, an International Baccalaureate (IB) school for students from Pre-Kindergarten to Grade 12.
• Emirates International School Meadows, an IB school for students from Kindergarten to Grade 12.

Some of the healthcare facilities include:

• Medcare Medical Centre JBR, a multi-specialty clinic that offers services such as dentistry, dermatology, pediatrics, and physiotherapy.
• Aster Clinic JBR, a clinic that offers services such as general medicine, gynecology, orthopedics, and radiology.
• Al Zahra Hospital Dubai, a hospital that offers services such as cardiology, neurology, oncology, and surgery.

Which Outdoor Activities, Fitness And Beauty Are There In Jumeirah Beach Residence?

JBR is a great place for outdoor activities, fitness and beauty. Some of the things you can do are:

• Enjoy the sun and sand at the open beach, where you can relax on a sun lounger or a cabana, swim in the clear water, or play beach volleyball.
• Have fun at AquaFun, the largest inflatable water park in the world, where you can slide, jump, and bounce on various obstacles.
• Take to the skies with Skydive Dubai, where you can experience the thrill of freefalling from 13,000 feet above the ground and admire the stunning views of Palm Jumeirah and Dubai Marina.
• Zip across the city’s skies at XLine Dubai Marina, the world’s longest urban zip line. You can fly solo or with a friend from Amwaj Towers to Dubai Marina Mall at speeds of up to 80 km/h.
• Explore the streets of JBR on a rental bicycle from Careem Bike. You can cycle along the coast or through the marina and enjoy the sights and sounds of the area.

JBR also has plenty of options for fitness and beauty. Some of them are:

• Work out at The Warehouse Gym Beach JBR, a state-of-the-art gym that offers classes such as boxing, yoga, pilates, and spinning.
• Sweat it out at Train Beach Club JBR, a fitness club that offers classes such as HIIT, bootcamp, TRX, and Zumba.
• Pamper yourself at The Spa at Address Dubai Marina, a luxury spa that offers treatments such as massages, facials, body wraps, and hammam.
• Beautify yourself at Sisters Beauty Lounge JBR The Walk or The Beach Mall. You can get services such as hair styling, nail care, waxing, threading, and makeup.

Which Leisure Activities And Notable Landmarks Are There In Jumeirah Beach Residence?

JBR is a hub for leisure activities and notable landmarks. Some of them are:

• Catch a movie at Roxy Cinemas The Beach or The Walk. You can watch the latest blockbusters in comfortable seats with premium sound and picture quality.
• Dine with glittering views at Pavilion at The Beach. This glasshouse features six restaurants that offer cuisines such as Italian, Japanese, Lebanese, Turkish, Indian, and Thai.
• Relax with a drink at Bla Bla Dubai, a beach club that features 20 bars, three restaurants, and a pool. You can enjoy live music, DJ sets, and themed nights.
• Shop for souvenirs, fashion, and accessories at The Walk or The Beach. You can find local and international brands such as Sephora, Adidas, H&M, and Virgin Megastore.
• Marvel at Ain Dubai, the world’s largest observation wheel. You can ride in one of the 48 capsules and enjoy panoramic views of the city from 250 meters high.
• Visit Bluewaters Island, a man-made island that is connected to JBR by a pedestrian bridge. You can find attractions such as Caesars Palace, Madame Tussauds, and The Wharf.

Which Restaurants Are Located In Jumeirah Beach Residence?

JBR has a wide range of restaurants that cater to different tastes and budgets. Some of the restaurants are:

• Bazerkan Restaurant, a Lebanese restaurant that serves dishes such as hummus, tabbouleh, shawarma, and mixed grill.
• Bice Restaurant, an Italian restaurant that serves dishes such as pizza, pasta, risotto, and tiramisu.
• Frankie’s Italian Bar & Grill, a restaurant that is co-owned by jockey Frankie Dettori and chef Marco Pierre White. It serves dishes such as carpaccio, gnocchi, ossobuco, and panna cotta.
• Napoletana Restaurant, a restaurant that specializes in authentic Neapolitan pizza. It serves pizzas such as margherita, capricciosa, quattro formaggi, and diavola.
• Cucina Mia Restaurant, a restaurant that offers a fine dining experience with dishes such as burrata, lobster ravioli, lamb chops, and tiramisu.
• Royal Orchid Restaurant, a Thai restaurant that serves dishes such as tom yum soup, pad thai noodles, green curry, and mango sticky rice.
• Aprons & Hammers Restaurant, a seafood restaurant that serves dishes such as crab buckets, lobster rolls, fish and chips, and oysters.
• Fogueira Brazilian Restaurant, a restaurant that offers a rodizio-style dining experience with unlimited cuts of meat served on skewers by passadores (meat waiters).

Which Supermarkets Are Located In Jumeirah Beach Residence?

JBR has several supermarkets that offer groceries and household products. Some of the supermarkets are:

• Al Maya Supermarket JBR The Walk or The Beach Mall. This supermarket offers a variety of products from local and international brands. It also has a bakery, a deli counter, and a fresh produce section.
• Aster Clinic JBR The Walk. This supermarket offers products from Aster Pharmacy Group. It also has a clinic that provides medical services such as general medicine, gynecology, orthopedics, and radiology.
• Fine Mart JBR The Walk. This supermarket offers products from Fine Hygienic Holding. It also has a cafe that serves coffee, tea, sandwiches, and pastries.
• ZOOM JBR The Walk or The Beach Mall. This supermarket offers products from ENOC Group. It also has a convenience store that sells snacks, beverages, magazines, and lottery tickets.

Which Beaches Are Located Near Jumeirah Beach Residence?

JBR is located near some of the best beaches in Dubai. Some of the beaches are:

• JBR Open Beach. This is the beach that is directly opposite JBR. It is free to access and offers facilities such as showers, changing rooms, toilets, and lifeguards.
• Kite Beach. This is a beach that is popular among kite surfers and water sports enthusiasts. It is located about 15 minutes away from JBR by car. It offers facilities such as showers, changing rooms, toilets, lifeguards, cafes, and food trucks.
• La Mer Beach. This is a beach that is part of La Mer Dubai, a waterfront destination that features retail outlets, restaurants, entertainment venues, and a water park. It is located about 20 minutes away from JBR by car. It offers facilities such as showers, changing rooms, toilets, lifeguards,

Which Malls Are Located Near Jumeirah Beach Residence?

JBR is located near some of the best malls in Dubai. Some of the malls are:

• Dubai Marina Mall. This is a mall that is part of Dubai Marina district. It offers over 140 retail outlets, a cinema, a supermarket, and a variety of dining options. The mall also has a waterfront promenade that connects to Pier 7, a dining destination with seven restaurants offering different cuisines. The mall is located about 10 minutes away from JBR by car or tram.
• Mall of the Emirates. This is a mall that is one of the largest and most popular shopping destinations in Dubai. The mall features over 630 retail outlets, including international brands, department stores, and luxury boutiques. The mall also has a ski resort, a cinema, a theatre, an art gallery, and more than 100 dining outlets. The mall is located about 15 minutes away from JBR by car or metro.
• Ibn Battuta Mall. This is a mall that is inspired by the travels of the famous explorer Ibn Battuta. The mall is divided into six themed sections: China, India, Persia, Egypt, Tunisia, and Andalusia. The mall has over 270 shops, a cinema, a bowling alley, and a variety of dining options. The mall is located about 20 minutes away from JBR by car or metro.

Which Churches, Temples And Mosques Are Located Near Jumeirah Beach Residence?

JBR is close to some of the places of worship for different faiths and communities in Dubai. Some of them are:

• Churches: There are several churches near JBR that cater to different Christian denominations. Some of them are Fellowship of the Emirates (non-denominational), Emirates Baptist Church International (Baptist), St. Francis of Assisi Catholic Church (Catholic), The Gatekeepers Weekday Ministries (Pentecostal), and United Christian Church of Dubai (Reformed).
• Temples: There are two temples near JBR that serve the Hindu and Sikh communities. They are Shiva Temple and Gurunanak Darbar Sikh Gurudwara. Both temples are located in Bur Dubai and offer daily prayers and rituals, as well as festivals and celebrations.
• Mosques: There are two mosques within JBR that offer daily prayers and Friday sermons for the Muslim community. They are Jumeirah Beach Residence Mosque and Masjid Al Rahim.

How Is The Rental Market In Jumeirah Beach Residence?

The rental market in Jumeirah Beach Residence (JBR) is one of the most popular and dynamic in Dubai. JBR offers a variety of apartments for rent, from studios to 4-bedroom flats, with stunning views of the beach, the marina, or the city. JBR is also a vibrant community with many amenities, such as restaurants, cafes, shops, cinemas, and entertainment venues. JBR is ideal for those who love beachfront living and a cosmopolitan lifestyle.

Rental Trends Of Jumeirah Beach Residence

The rental trends of Jumeirah Beach Residence vary depending on the size, location, and condition of the apartments. According to Property Finder1, the average rental price of apartments in JBR in the last 3 months was 124,000 AED per year, starting from 13,000 AED per year. The average gross yield was 4.00%. The table below shows the average rental prices and yields of different types of apartments in JBR.

Property Type	Number of Bedrooms	Average Rental Price (AED/year)	Average Gross Yield (%)
Apartment	Studio	50,000	5.1
Apartment	1	75,000	4.6
Apartment	2	110,000	4.0
Apartment	3	160,000	3.6
Apartment	4	230,000	3.5

How Is The House Sale Market In Jumeirah Beach Residence?

The house sale market in Jumeirah Beach Residence (JBR) is also very attractive and competitive in Dubai. JBR offers a range of apartments for sale, from studios to penthouses, with high-quality finishes and amenities. JBR is a prime location for investors and end-users who want to enjoy the benefits of living near the beach and the marina, as well as having access to a variety of leisure and entertainment options. JBR is one of the most sought-after areas for buying apartments in Dubai.

House Sale Trends Of Jumeirah Beach Residence

The house sale trends of Jumeirah Beach Residence depend on the size, location, and condition of the apartments. According to Property Finder1, the average asking sales price of apartments in JBR in the last 3 months was 3,100,000 AED, starting from 200,000 AED. The average transaction sales price was 1,550,000 AED, starting from 399,292 AED. The table below shows the average sales prices and prices per sqft of different types of apartments in JBR.

Property Type	Number of Bedrooms	Average Asking Sales Price (AED)	Average Transaction Sales Price (AED)	Average Sales Price per sqft (AED)
Apartment	Studio	1,150,000	800,000	1,500
Apartment	1	1,500,000	1,100,000	1,400
Apartment	2	2,500,000	1,800,000	1,300
Apartment	3	4,500,000	3,200,000	1,200
Apartment	4	7,500,000	5,500,000	1,100

Frequently asked questions about Jumeirah Beach Residence