Real Estate in Jumeirah Area

About Jumeirah District

There are no blocks with bulky skyscrapers or crowded tourist spots in the area, and there are few noisy commercial and business centers, so families and single people who prefer a measured way of life often choose it for permanent residence or rest.

Most of the real estate in Jumeirah are luxurious private villas and closed elite communities where foreigners cannot own property with full ownership rights. However, lately, projects have been implemented here that provide such an opportunity: the coastal areas of Jumeirah Bay Island, Port de La Mer, Marsa Al Arab, and Pearl Jumeirah, residential complexes along the banks of the Dubai Water Canal, or neighborhoods located on the mainland, such as Madinat Jumeirah Living and City Walk.

Further development involves the construction of the world's largest shopping and entertainment center, the Mall of the World, and the high-rise district of Downtown Jumeirah in the western part of Jumeirah.

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Economic Attractiveness

Thanks to its convenient location and developed infrastructure, Jumeirah is very popular, especially among those who want to rent comfortable villas and apartments for a vacation on the coast. New communities attract people who want to live in a peaceful area but close to shopping and entertainment centers. The limited number of projects available for purchase by foreigners only fuels demand, and the development of infrastructure facilities, such as City Walk, allows the area to meet modern standards.

The real estate cost and ROI vary depending on the quality of housing and the location of the project. For example, the cost of apartments in Port de La Mer starts at AED 1,900,000 (USD 517,000), and the ROI is 6.3%. At the same time, the minimum price for apartments in Pearl Jumeirah is AED 3,950,000 (USD 1,075,000) with an ROI of 5.1%.