Jumeirah Bay Island is an island of luxury housing in Dubai. It was created by the famous developer Meraas, which is among the top 5 construction companies in the country. The area is located on an artificial island of 0.6 km² and is made in the shape of a seahorse. Real estate in JBI consists of premium housing for every taste, from 1-2-bedroom apartments to spacious plots for exclusive villas. The area has sandy beaches and a marina for 46 yachts, a yacht club, fine restaurants, a gym and a spa centre. The rest of the infrastructure is easily accessible by car via a 300-metre bridge. The quarter is adjacent to the central part of the Jumeirah coast, so residents will have an excellent choice of amenities. With a well-thought-out transport system, it takes only 15 minutes from the complex to the airport and even less to the business district.
Contents
- Its advantages
- Sights of interest
- Marina and yacht club
- Beaches and entertainment
- Hotels
- Restaurants
- Shopping malls
- Fitness centres
- Active water sports
- SPA and relaxation area
- Transport
- Schools and kindergartens
- Hospitals and pharmacies
- All about real estate in Jumeirah Bay Island, UAE
- New buildings and communities in JBI
- Types of real estate in JBI
- Real estate rental prices
- Sales prices of properties
- Real estate in JBI for investment
Its advantages
Jumeirah Bay Island offers 128 villa plots and 173 exclusive apartments, so they are in great demand in the Dubai real estate market. It is this community that is known as the centre for the richest people and the most luxurious residences, setting new records for the cost of housing.
Sights of interest
The district is the main attraction. It is made in the shape of a giant seahorse and offers beautiful views of the Persian Gulf, the Mir Archipelago and the promenade. The prices to sell real estate on the island reflect this unique feature, therefore they significantly exceed the average cost per square metre.
The Bvlgari Resort Dubai is the most interesting hotel in the elite district, with access to pools, fine restaurants and cafés. The island is connected to the mainland by a bridge, so residents can quickly get to the attractions of neighbouring areas. These are the most exciting places to visit:
- Dubai Garden Glow Park, which is decorated with a myriad of lights
- Zabeel Park with Dubai Frame
- Safa Park with sports grounds
Marina and yacht club
Multi-storey buildings in JBI are located around a bay with an equipped marina. Along the shore, there is also a luxurious boulevard, which is brightly lit at night.
In addition, there is a yacht club on the island, made in the form of a seahorse tail. Here, you can swim, have lunch or drink coffee, as well as enjoy the beautiful views from one of the summer gazebos. There are also many restaurants, cafés, bars and shops located around the bay.
Beaches and entertainment
The developer offers residents a resort lifestyle. The island is constructed so that the sands seamlessly pass into the Persian Gulf. Therefore, the villas on the first line have direct access to the cleanest private beach.
To entertain yourself with water sports, you can go to one of the nearest equipped beaches. Nikki Beach is a 12-minute drive away, and Jumeirah Beach is an 8-minute drive away.
Hotels
To tell you all about real estate in Jumeirah Bay Island, UAE, it should be mentioned that the Bvlgari Resort Dubai luxury hotel is located here. This is the only one from this chain in the Middle East. It includes 101 exquisite rooms and 15 villas on the bay.
The hotel offers numerous amenities for locals, including:
- gourmet restaurants
- a café
- bars
- a gym
- a spa-centre
- boutiques
- a marina
- a yacht club
Restaurants
For residents, there is a wide selection of restaurants and cafés along the bay. For example, you can admire the moored yachts at the Yacht Club Restaurant, enjoy the views of Dubai at The Hoseki Japanese restaurant, or relax with a cocktail at The Bvlgari Bar.
Shopping malls
In the quarter, residents can only buy jewellery and luxury chocolate. To purchase other items, they will have to go to the mainland or order delivery. The nearest supermarket, Grandiose Supermarket, is a 5-minute drive away. To enjoy shopping, go to the Dubai Mall, which is the world’s largest shopping centre. It will take less than 20 minutes to get there.
Fitness centres
You can do sports in the area, simply visit the gym located at the Bvlgari Resort Dubai. In addition, locals can quickly get to the central gym facilities on the mainland. For example, in Downtown Dubai, there are dozens of halls to do various sports. These facilities can be reached in 20 minutes.
Active water sports
Not all beaches in Dubai offer water sports. However, Kite Beach, which is famous for such entertainment, is a 15-minute drive away. Here, you can go kitesurfing or enjoy snowboarding.
SPA and relaxation area
Residents of JBI can enjoy a restful and pleasant resort atmosphere. Bvlgari Resort Dubai offers locals time to relax in a spa complex of more than 1,700 m², where you can also enjoy picturesque sea views.
Transport
The area is well located and has excellent transport accessibility, as it is connected to the mainland by a 300-metre bridge. The road leads to the Jumeirah Beach Road, which stretches all along the bay coast, providing quick access to various parts of the Emirates.
The advantages of Jumeirah Bay Island do not end there. For example, there are many parking spaces near Bvlgari Resort and Bvlgari Residences. Townhouses and villas also have spaces for cars.
The nearest bus stop, Rashid Bin Bakhait Masjid 1, is a couple of minutes' drive from the residential complex. The Business Bay Metro Station is also within 15 minutes.
Schools and kindergartens
There are no preschools or other schools in the community, however, they are available on the mainland. There are many preschools in the neighbourhood, for example, the nearest Ladybird Nursery is 7 minutes away. The closest JSS Private School is 15 minutes away.
Hospitals and pharmacies
JBI will not have any hospitals or pharmacies. However, they are available on the mainland. Emirates Hospital is a 5-minute drive away, and the nearest Medicina Pharmacy is even closer.
All about real estate in Jumeirah Bay Island, UAE
This small island offers all types of housing options. There are luxury apartments ranging from 1-bedroom residences to spacious penthouses. In 2027, a skyscraper with luxury flats will be put into operation. Moreover, in the quarter, you can buy townhouses from famous developers, for example, Emaar. Construction companies and rich investors are implementing unique projects here. In addition, the community has empty building plots so that developers can implement their ambitious projects and build villas in JBI.
New buildings and communities in JBI
The artificial island began construction in 2016, and in 2018, the developer began to sell the land. The houses were built only at this time, so all the buildings in this area are new. New buildings and communities in JBI include the following options:
- Villa Amalfi project with townhouses
- Sea Mirror with luxury villas
- Bvlgari Residence houses with flats and penthouses
- Bvlgari Lighthouse skyscraper
Types of real estate in JBI
Various construction companies have built communities and provide various building complexes, including the following types of real estate in Jumeirah Bay Island:
- apartments
- penthouses
- townhouses
- villas
- building plots
Real estate rental prices
The community offers ready-to-move-in flats and houses, so you can find approximate prices for rental housing. You can see the minimum rental cost for the year in the table below.
| Property type | Cost in AED | Cost in dollars |
|---|---|---|
| 1-bedroom apartment | 700,000 | 190,500 |
| 3-bedroom townhouses | 825,000 | 224,600 |
| 4-bedroom villa | 6 million | 1.65 million |
Sales prices of properties
JBI presents only exclusive residences, the cost of which is significantly higher than other properties. The prices are much higher than on other islands of Dubai. You can see approximate real estate prices in the table below.
| Property type | Cost in AED | Cost in dollars |
|---|---|---|
| 1-bedroom apartment | 11.75 million | 3.2 million |
| 3-bedroom townhouses | 15 million | 4.08 million |
| 4-bedroom villa | 70 million | 19 million |
| Plot of 693 m² | 50 million | 13.6 million |
In addition, it is possible to purchase apartments in JBI from the new project of Bvlgari Lighthouse.
Real estate in JBI for investment
Residences in JBI are in high demand among buyers and tenants. So, due to the demand from buyers, the cost of a square foot in this district for 6 months in 2022 increased by 44.3%, reaching AED 6,500 ($1,769) per foot. Real estate in Jumeirah Bay Island for investment is also perfect for receiving a passive income, as the annual yield is significantly higher than the average. The ROI in the residences exceeds 11% and can reach 18%.
Write or call us to find out more about this project. Our English-speaking specialists will help you choose an apartment or a house, and accompany you through all stages of the transaction. The company also provides after-sale services and property management, so they can help you to rent out real estate.
