Jumeirah

Located a 2-minute drive from Downtown Dubai, you will find the beautiful Jumeirah. This area is mainly low-rise for locals and there is also quite a bit of culture to absorb here. This area is attractive for expats with their families, locals and for tourists.

General information

Jumeirah is one of Dubai's most prestigious and iconic neighborhoods, known for its luxury and cosmopolitan lifestyle. Located along the coastline of the Arabian Gulf, Jumeirah offers stunning sea views and a mix of traditional and modern architecture. The district is divided into three parts: Jumeirah 1, Jumeirah 2 and Jumeirah 3, each with its own unique charm and amenities.

Attributes of Jumeirah:

Beaches

Jumeirah is famous for its beautiful beaches, including the popular Jumeirah Beach. These beaches are perfect for relaxation, water sports and recreation. The soft white sand and clear turquoise waters attract residents and tourists alike for sunbathing, swimming and various water sports activities.

Luxury living

Jumeirah is home to some of the most luxurious hotels in the world. The iconic Burj Al Arab, with its unique sail-shaped architecture, offers unparalleled luxury and service. The Jumeirah Beach Hotel, with its wave-shaped design and extensive amenities, is also a popular choice among visitors seeking ultimate luxury and comfort.

Jumeirah real estate:

Restrictions and possibilities for international investors

Although direct property ownership in Jumeirah is reserved for local Emirati citizens, international investors can still benefit from the real estate market in this prestigious neighborhood. Foreigners can acquire property through a 99-year leasehold agreement. This gives them the right to use and manage the property for this period.

Sponsor

International investors need a local sponsor or partner to facilitate the purchase process. This sponsor helps navigate the legal and administrative requirements, making the process smooth and efficient.

ROI and capital appreciation

Yields and appreciation in Jumeirah are very good. This is due to the area's convenient location to the coast and Downtown Dubai. The villas generate the best ROIs in this area. It is recommended that the properties be rented out short-term. The villas are sold from €2,000,000.

Off-plan

New construction in this region will experience an increase in value between 10% and 20% during the construction phase, which is usually 1 to 2 years. Net rental returns on the initial investment will be between 10% and 12%. After completion, value appreciation in this region will be between 5% and 10% per year.

Ready built

Existing construction in this region will experience an increase in value between 5% and 10% per year.

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