The Jumeirah Beach Residence (JBR) is one of the gems of the Dubai Marina, offering stunning beachfront properties, over forty towers, and an impressive community set-up. It is no longer news that the JBR is one of Dubai’s most popular freehold areas. You are set for a convenient lifestyle if you can own a property in this area. The most famous buildings in JBR, in order of their popularity, are:
1. Sadaf
2. Rimal
3. Murjan
4. Bahar and
5. Shams
Transportation, Health and Religious Compatibility of the JBR
Mobility is not a challenge in the JBR because the area is served by two Metro stations, a Tram Station and sidewalks. Home managers can shop at Zoom, Al Maya or All Day JBR Supermarkets. Religious-wise, there are two massive mosques, a massive Church, and various Shiva, Hundu and Shrinathji Temples in and around the JBR (or at least, reasonably close by). Additionally, at least three clinics around the JBR are within 15 minutes drive. At the same time, there is also the Aster Pharmacy and a handful of others. Finally, schools and parks are available for families and kids in the JBR, making the area more appealing to family folks.
Projected returns on investments in the Jumeirah Beach Residence
Before you buy a flat in Jumeirah Beach Residence, kindly find below a breakdown of the cost of renting/ buying property in the area. You can take this as a guide to plan your finance. More so, many people are curious about the earning margin of these properties, so a review will also be made of the estimated projected ROI for the various property size so that you can know what to expect.
Property Type | Average Rental Per Annum | Average Price Purchase | Average ROI |
Studio Apartments | 50 000 AED | 835 000 AED | 6% Per Annum |
70 000 AED | 1 380 000 AED | 4% Per Annum | |
Two Bedroom Apartment | 90 000 AED | 2 100 000 AED | 4.1% Per Annum |
Three Bedroom Apartment | 119 000 AED | 2 900 000 AED | 4.2% Per Annum |
Four Bedroom Apartment | 182 000 AED | 5 850 000 AED | 3% Per Annum |
Five Bedroom Apartment | 223 000 AED | 12 920 000 AED | 2% |