Jumeirah Bay Island

Off-Plan Projects in Jumeirah Bay Island

Jumeirah Bay Island offers a mix of residential and commercial properties.

Residential Properties

The residential options on Jumeirah Bay Island include:

Apartments:

• 1-bedroom apartments (size 830 - 1,110 sq ft)
• 2-bedroom apartments (size 1,207 - 1,615 sq ft)
• 3-bedroom apartments (size 1,776 - 2,260 sq ft)

Villas:

• 3-bedroom villas (size 2,260 - 6,500 sq ft)
• 4-bedroom villas (size 5,400 - 9,600 sq ft)
• 5-bedroom villas (size 7,200 - 15,700 sq ft)

Townhouses:

• 3-bedroom townhouses (size 2,260 - 2,800 sq ft)
• 4-bedroom townhouses (size 3,500 - 4,300 sq ft)

The residential units feature spacious rooms, floor-to-ceiling windows, high-end finishes, and amenities like private pools, gyms, security, and maintenance.

Commercial Properties

The commercial properties in Jumeirah Bay Island include:

• Retail spaces in the podium levels of residential buildings
• Restaurants and cafes around the Bulgari Resort & Residences
• Bulgari Yacht Marina with retail and dining options
• Offices spaces in the commercial buildings

The retail spaces mainly cater to the residents. The restaurants offer al fresco dining with waterfront views. The yacht marina forms the social hub of the community.

Average Property Prices

The average property prices in Jumeirah Bay Island are:

Apartments:

• 1-bedroom: AED 8M - 15M
• 2-bedroom: AED 16M - 27M
• 3-bedroom: AED 24M - 46M

Villas:

• 3-bedroom: AED 56M - 80M
• 4-bedroom: AED 75M - 120M
• 5-bedroom: AED 110M - 250M

Townhouses:

• 3-bedroom: AED 17M - 23M
• 4-bedroom: AED 25M - 35M

The prices depend on factors like unit size, location, views, and amenities. Branded properties like Bulgari tend to command a premium.

Rental yields are around 2-5% for apartments and villas. The ROI is lower due to the high capital values.

Return on Investment in Jumeirah Bay Island

However, new launches by top developers provide opportunities for better returns.

The average return on investment ranges from 5.5% to 7.4% per annum. The most popular options for investors are:

• 2-bedroom apartments
• Luxury multi-level penthouses with sea views

This ROI is calculated based on the capital appreciation of property prices over the past 5 years.

The main drivers of ROI in Jumeirah Bay Island are:

• Strong tenant demand for high-end properties
• Limited new supply in prime locations
• High-net-worth individuals seeking luxury homes
• Proximity to top attractions like Downtown Dubai
• Premium amenities within the community
• Brand value of developers like Bulgari

So if you purchase a property at the right price, you can expect steady returns from capital growth and rental income in Jumeirah Bay Island