Real estate in Jumeirah

Jumeirah is one of the most prestigious areas of Dubai, known for its luxurious beaches, skyscrapers, hotels and shopping centers. Here life booms 24/7, and real estate is not only a status symbol, but also a profitable investment.

Why buy real estate in Jumeirah?

• Prestige: Jumeirah is a symbol of luxury and success. Owning a property here is a sign of status and belonging to the high society.
• Exclusivity: The supply of Jumeirah real estate is limited, which makes it even more valuable.
• Variety: There are properties to suit all tastes and budgets, from skyscraper apartments to luxury beachfront villas.
• Convenient location: Jumeirah is located in the center of Dubai, close to major attractions and business districts.
• Developed infrastructure: Jumeirah has everything you need for a comfortable life: stores, restaurants, cafes, beaches, playgrounds, gyms and much more.
• Safety: Jumeirah is one of the safest neighborhoods in Dubai.

Types of real estate in Jumeirah

• Apartments:
  • Apartments in Jumeirah range from studios to penthouses.
  • They can be furnished or unfurnished.
  • The size of the apartments can vary from 30 to 300 m².
  • The price of apartments in Jumeirah starts from AED 700,000 (USD 190,000).
• Villas:
  • Villas in Jumeirah are luxury mansions with private beaches, pools and gardens.
  • The villas can range in size from 200 to 1000 m².
  • The villas can have from 3 to 7 bedrooms.
  • The price of villas in Jumeirah starts from AED 5,000,000 (USD 1,360,000).
• Hotels:
  • Jumeirah is home to some of the most luxurious hotels in the world, such as Burj Al Arab, Jumeirah Beach Hotel and Madinat Jumeirah.
  • The hotels offer rooms, suites and penthouses.
  • Hotel room rates in Jumeirah start from AED 1,000 (USD 272) per night.

Real estate investment in Jumeirah

Real estate in Jumeirah is not only a luxurious living but also a profitable investment.

• High demand: The demand for real estate in Jumeirah is constantly growing, which guarantees high liquidity of investments.
• Rental income: Properties in Jumeirah can be rented out, which can generate a steady income.
  • Rental yields for apartments in Jumeirah range from 7% to 10% per annum.
  • Rental yields for villas in Jumeirah range from 5% to 8% per annum.
• Price growth: Property prices in Jumeirah are constantly increasing, which guarantees capital appreciation.
  • In the last 5 years, real estate prices in Jumeirah have increased by 20%.
  • Property prices in Jumeirah are expected to increase by another 30% in the next 5 years.

How to buy real estate in Jumeirah

• Selecting a property: Decide on the type of property, area, budget and other desired features.
• Property Search:
  • You can find real estate in Jumeirah on the websites of real estate companies.
  • There are many Russian-speaking real estate companies in Dubai that will help you find the right property.
  • You can find properties on real estate developers’ websites.
  • You can find properties on classifieds sites.
• Checking the property: Before buying a property, you should thoroughly check the property and its legal cleanliness.
  • Make sure that the seller has all the necessary documents for the property.
  • Make sure that the property is not mortgaged.
  • Make sure that there are no encumbrances on the property.
• Dealing: Buying and selling real estate in Dubai is done through the Dubai Land Department (DLD).
  • You will need to open an account in a Dubai bank.
  • You will need to obtain a TIN (Emirates ID).
  • You will need to pay the DLD fee.
  • You will need to register the transaction with the DLD.

Additional costs

• DLD duty: 4% of the transaction value.
• Agency fee: 2% of the transaction value.
• Registration fee: AED 2,000 (USD 545).
• Other costs: legal services, translation of documents, real estate valuation.

Useful tips

• When looking for real estate in Jumeirah, use the services of an experienced realtor.
• Before buying a property carefully check the object and its legal cleanliness.
• Deal with the purchase and sale of real estate through the Dubai Land Department (DLD).

Jumeirah is an ideal place to live, vacation and invest.

Real estate in Jumeirah is a great investment decision. It can generate stable rental income and guarantees capital gains in the long run.