Jumeirah Bay Island, Dubai
Jumeirah Bay Island is a 6.3 Million square feet man-made island shaped like a seahorse located 500 meters off the coast, connected by a 300 meter long road bridge. The project is developed by one of Dubai’s Luxury Developer, Meraas Development LLC.
The Island is a mixed-use development, but the star attraction is the new Bulgari Resort and Residences. This is the first hotel and residences bearing the Italian jeweller’s name anywhere in the Middle East. There is also the Bulgari Marina & Yacht Club with a harbour for 50 boats, a fish restaurant, a members’ bar, pool and kids club.Announced by Meraas in 2014, the development of the Resort was a partnership with the Italian Bulgari brand. It opened in December 2017, followed shortly after by the branded residences contained in six buildings.
The community consists of ultra-luxury apartments, villas designed by Bulgari and private residential plots. Residential plot sizes on the Island range from 16,000sq ft to 37,000sq ft. Compared to Palm Jumeirah’s 4,000 plots, Jumeira Bay has only 128, making them highly coveted and exclusive, with 46 plots facing the inner bay and 82 plots further inland.Owners purchasing these plots are looking to build super-sized villas and mansions, taking full advantage of the marina access and beach frontage.
The residents of Jumeira Bay Island enjoy breathtaking views of the Arabian Gulf and the Dubai skyline with the famous Burj Khalifa. A perfect location for the discerning, the island offers a luxury leisure lifestyle all year round, with each homeowner on the island having access to his own private beach.
Jumeira Bay offers prime beachfront real estate for high net worth individuals to build their dream homes. The place has the highest density of billionaires per square metre on a single stretch in the UAE exceeding Palm Jumeirah, Emirates Hills and Dubai Hills. According to the Dubai Land Department, over AED 953 million in sales were recorded in this area between January 1 and July 31 2022.
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The emirate’s prime markets, which include Emirates Hills, Jumeirah Bay Island and The Palm Jumeirah, collectively registered a price appreciation of 44 percent in 2022 and expected to increase another 13% in 2023 according to Knight Frank. The investors can receive a stable passive income of 10-12% per annum by renting a villa or an apartment on a short-term rental.
Due to its prime location commute to nearby neighbourhoods are extremely easy.
La Mer 2.5KM
City Walk 3KM
Sheikh Zayed Road 4.3KM
Dubai International Financial Centre 6.5KM
Downtown 6.8KM
Dubai International Airport 21KM
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10 个月Persian Gulf ??