Address Jumeirah Resort & Spa - Address JBR - Jumeirah Beach Residence  

The Address Jumeirah Resort & Spa was announced in late September 2016. This iconic twin tower 74-storey towers will have a 5-star luxury hotel and residential tower.

Master Community: Jumeirah Beach Residence
Property Types Available: Apartments, Hotels, Hotel Serviced Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: September 2020
Developer: Al Ain Properties
Hotel Operator: The Address Hotels & Resorts
Title Type: Freehold
Quality Classification: 5 Star Hotel
Life Cycle: Launch Stage
Special Classification: Water-front Community
Under Construction Buildings: 2
Under-Construction Apartments: 478
Floors: 74
Total Under-Construction Hotel Apartments: 443
No. of Under-Construction Hotel Rooms: 183

Lookup.ae reports prices and transactional information for Jumeirah Beach Residence

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Address Jumeirah Resort & Spa - Address JBR

Investment Score

Value for Money
90%
Project Uniqueness
95%
Location & Connectivity
95%
Rental Yield Expectation
65%
Capital Growth Expectation
75%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 2,100 PSF - AED 2,700 PSF

Unit Types Available: Hotel, 1 Bedroom Apartment, 2 Bedroom Apartment, 3 Bedroom Apartment, 1 Bedroom Hotel Serviced Apartment, 2 Bedroom Hotel Serviced Apartment, 3 Bedroom Hotel Serviced Apartment

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What Our Experts Think

Launched in Q3 of 2016, this iconic development consists of two towers - one with residences and the other with Address branded apartments.

This project is probably the last major development to take place in JBR; the prime-plot is situated right on the beach with incredible sea / Palm Jumeirah and Blue Waters Island views. The Address Jumeirah will most certainly be considered among Dubai's most iconic developments upon completion in 2020.

Prices for Residences:

1 Beds: AED 1.5 - 1.8 M (back view)

2 Beds: AED 3.2 - 4.0 M (sea views)

3 Beds: AED 4.2 M + (sea views)

Prices for serviced Address Apartments:

1 Beds: AED 1.8 - 2.1 M

2 Beds: AED 3.6 - 4.2 M(sea views)

3 Beds: AED 4.8 - 5.2 M (sea views)

This project is ideal for both investors and end-users. Expect significant capital growth in this project through to completion.

About Address Jumeirah Resort & Spa - Address JBR

General Guide

- Both towers will rise 74 storeys and be connected by a roof bridge

- One tower will have a 5 star hotel while the other tower will offer high-end residences

- The hotel will have 182 hotel rooms and suits

- The building will have 3 swimming pools and a range of restaurants and bars

- This is not an Emaar development; the developer is Al Ain Properties - who have also developed the Bateen complex (and Double Tree Hilton) on the plot next door. The Address Hotel & Resorts have been appointed hotel operator.

- Launch prices ranged from 2000 - 2700 per sq. ft.

- Considered to be the last development in JBR

- Completion scheduled for 2020

Payment-Plan on Launch

10% down

10% in April 2017 (20% construction stage)

10% in Oct 2017 (30% construction stage)

10% in April 2018 (40% construction stage)

10% in Oct 2018 (50% construction stage)

10% in June 2019 (60% construction stage)

40% on handover Q3 2020

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