Jumeirah Beach Residence (JBR) is one of the most popular and sought-after residential areas in Dubai. Located along the famous Jumeirah Beach, JBR offers a luxurious beachfront lifestyle with stunning views of the Arabian Gulf. In this guide, we will explore everything you need to know about JBR, from its location to its real estate market.
Location: JBR is situated in the heart of Dubai’s Marina district, close to Palm Jumeirah and Dubai Marina. It is easily accessible via Sheikh Zayed Road and Dubai Metro’s Red Line.
Area Size: JBR is a 1.7 km long residential waterfront community that comprises 36 residential towers divided into six clusters.
When established: JBR was established in 2002 and was completed in 2007.
Weather and Climate: JBR is located in a desert climate zone, and temperatures can soar up to 40°C in summer. Winters are mild, with temperatures ranging between 14-24°C.
Iconic Landmarks: JBR is famous for its beachfront promenade, The Walk, which is home to several restaurants, cafes, shops, and street performers. The area is also home to Dubai Eye, the world’s largest Ferris wheel, and the iconic Ain Dubai, set to become the world’s tallest Ferris wheel.
Real Estate Developments: JBR offers a wide range of real estate options, from studio apartments to luxurious penthouses. There are several renowned developers in the area, including Dubai Properties, Emaar Properties, and Nakheel Properties.
Average Prices of Housing and Plots: The average price of an apartment in JBR varies depending on its size, location, and view. According to recent data, the average price per square foot in JBR is AED 1,300.
Type of Buildings: JBR comprises a mix of residential and commercial buildings, with most buildings being high-rise towers.
Future of the Region: JBR is set to become a prime residential and tourist destination in Dubai, with several new developments underway, including the new Bluewaters Island, a retail, hospitality, and residential destination located off the coast of JBR.
Pros and Cons: Pros of living in JBR include its beachfront location, stunning views, luxurious lifestyle, and easy access to entertainment and dining options. Cons include its popularity, which can lead to crowds and traffic.
Key Notes on the Area: JBR is a vibrant community that offers a cosmopolitan lifestyle with a beachfront location. The area is home to a diverse community of residents and tourists and offers a wide range of amenities and entertainment options.
Why Investors Need to Consider that Region? JBR is a highly sought-after area in Dubai, with a high demand for real estate properties. The area offers a great potential for investors looking for rental income or capital appreciation. Additionally, JBR is a tax-free zone, making it a highly attractive investment destination.
Realty Homist recommends JBR to anyone looking for a luxurious beachfront lifestyle with easy access to entertainment and dining options. Whether you are a resident or an investor, JBR is an excellent choice for anyone looking for a high-quality living experience in Dubai.
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