Jumeirah Beach Residence neighborhood (also known under its abbreviated name as JBR) is a residential community stretching for 1.7 km along the coast of Arabian Gulf in Dubai. JBR is a 2 square km subarea within a larger territorial unit and the most popular Dubai area of Dubai Marina.
If Dubai Marina is regarded as the center of Dubai, then JBR is its heart and core. Like in many other coastal cities, the most of Dubai’s active social life is brimming over all day long along the coast, and specifically at the promenade in Jumeirah Beach Residence. After all, the main attraction for tourists and locals, dining and shopping strip with ground and plaza levels The Walk is situated here, as well as The Beach shopping and entertainment center. Although standard definitions like ‘shopping center’ applied to such projects, actually, limit its essence to a bare utilitarian function. While The Walk and The Beach in JBR are rather a thoughtful concept of a true modern urban lifestyle, a dynamic city location, where you can never get bored, and where everyone will find something to their liking. 330 retailers and service providers in The Walk, and 70 — in The Beach (which is the bulk of the beachfront between the Hilton and Sheraton hotels) provide all possible goods, services and kinds of entertainment. There are boutiques and outlets of the world-known clothing and shoe brands, jewelry stores, restaurants of all world’s cuisines to suit all tastes and small F&B outlets, iconic restaurants at the hotels, and both cinemas, gyms, fitness centers, beauty shops and spas, thus, basically everything you need in any time of day or night.
That is why living in Jumeirah Beach Residence is so convenient. Here you can buy usual residences and serviced hotel apartments of any size — from studios to penthouses — in any of the 40 residential buildings and 5 hotels in the area. Panoramic windows in residential high-rises provide breathtaking views of the sea, the Dubai skyline and the Bluewater Island, where the world's tallest Ferris wheel Dubai Eye is being constructed. And in near future, this island will be joined with two other JBR’s major projects Skydive Dubai and the Dubai International Marine Club in order to create Dubai Harbour, the biggest Middle East passenger port for cruise liners and super-yachts up to 85 meters in length. And above all this magnificent cluster of white sailboats and grand ships the new Dubai’s attraction, Dubai Lighthouse tower will rise.
Today, during another surge of Jumeirah Beach Residence area development in the run-up to the Expo 2020, local developers offer quite favorable terms and conditions for off-plan real estate here, as well as still rather low prices for such a prestigious area. For example, apartment prices in such convenient and comfortable residential communities like Al Fattan Marine Towers, Sadaf, Rimal, Murjan, Amwaj, Shams or Bahar today range between USD 300,000 for a small studio and up to USD 1 million for a premium high-end 3 bedroom apartment. At the same time, the annual return on investment for this kind of housing today is one of the highest globally and stands for 5-7%, or USD 18,000 - 45,000, depending on the type and size of the property unit. And of course, only quality service and maintenance is provided in these residential buildings, while additional amenities usually include swimming pools, observation decks on the rooftops, green landscape lounge zones, children's playgrounds in the area, as well as gyms, tennis courts and jogging tracks. JBR neighborhood is now one of the best options for investing in Dubai’s real estate.