Jumeirah Beach Residence apartments – water front location with a class of living
Jumeirah Beach Residence, nicknamed as JBR, is a contemporary waterfront residential community, located on the shoreline of Arabian Gulf in Dubai Marina. With 40 residential towers including four are hotels, JBR is considered to be the world’s largest single phase residential project. The 6 billion dirham project was initiated in 2002 and completed in 2007. All in all, it is the production of Dubai Holding group.
Jumeirah Beach Residence offers a wide range of selection to satisfy varied tastes, budgets and requirements of the interested people. They can choose between ultra chic penthouses, terrace apartments, duplex apartments, garden apartments, trendily designed four bedroom apartments, and beautifully built three bedroom apartments. If you have a small family or you recently shifted to Dubai, there are few options for you as well including one and two bedroom apartments. Stunning olive water views of the Arabian Gulf through the balconies, amazing landscaped gardens in the surroundings, beautifully arranged inner courtyards are like icing on the cake. To give an experience of a true urban living, Jumeirah Beach Residence offers its residents quality recreational facilities, swimming pools, jogging walkways and cycling tracks. And how one can forget ‘The Walk at JBR’, which is a very popular location for open air dining cafes and restaurants, wide selection of designer outlets and top rated supermarkets. The Walk at JBR gives a western essence to the area.
The late 2008 came like a bubble-burst for the real estate and houses in Dubai and just in one and a half year prices of houses fell down by more than half of the actual price. But by the beginning of 2010 the prices are getting steady. There was also a time when it was thought that investing in Jumeirah Beach Residence apartment won’t be a profitable deal, but now the deal in JBR offer more return with reasonable profits. The investors who don’t want to sell their properties, they get their returns by offering them for longer and short-term rentals.