Jumeirah Beach Residence (JBR) is a renowned residential complex located along Dubai Marina’s shoreline. It is made up of various mid- and high-rise residential buildings, retail spaces, and commercial offices that cover an area of roughly 1.9 million square metres. Nakheel Properties announced the project in 2002, and work began in 2004. Due to its spectacular beachfront location, upmarket facilities, and broad assortment of entertainment and shopping establishments, it has since become one of Dubai’s most sought after locations.
Real estate investors wishing to acquire property in JBR have a wide range of alternatives. The development includes approximately 30 separate residential complexes, each with a distinct mix of studio, one to four-bedroom apartments, penthouse suites, and villas. The size and pricing of these units varies based on their position within the development, view, and quality of finishings. Before making a choice, investors interested in acquiring property in JBR should examine aspects such as budget, desired amount of seclusion, chosen type of unit, and planned use of the property.
Due to the ongoing expansion of Dubai’s economy and rising population, demand for individuals looking to rent out or buy an investment property in JBR remains high. With Expo 2020 set to take place in Dubai next year, the emirate is projected to welcome millions of tourists from across the world, adding to the already strong demand for short-term and long-term rentals in JBR. Property owners will benefit from the development’s central position, convenient access to major highways and public transit links, and closeness to a variety of recreational and entertainment attractions.
Jumeirah Beach Residence (JBR) is a renowned residential complex located along Dubai Marina’s shoreline. It is made up of various mid- and high-rise residential buildings, retail spaces, and commercial offices that cover an area of roughly 1.9 million square metres. Nakheel Properties announced the project in 2002, and work began in 2004. Due to its spectacular beachfront location, upmarket facilities, and broad assortment of entertainment and shopping establishments, it has since become one of Dubai’s most sought after locations.
Real estate investors wishing to acquire property in JBR have a wide range of alternatives. The development includes approximately 30 separate residential complexes, each with a distinct mix of studio, one to four-bedroom apartments, penthouse suites, and villas. The size and pricing of these units varies based on their position within the development, view, and quality of finishings. Before making a choice, investors interested in acquiring property in JBR should examine aspects such as budget, desired amount of seclusion, chosen type of unit, and planned use of the property.
Due to the ongoing expansion of Dubai’s economy and rising population, demand for individuals looking to rent out or buy an investment property in JBR remains high. With Expo 2020 set to take place in Dubai next year, the emirate is projected to welcome millions of tourists from across the world, adding to the already strong demand for short-term and long-term rentals in JBR. Property owners will benefit from the development’s central position, convenient access to major highways and public transit links, and closeness to a variety of recreational and entertainment attractions.