Five Beach residential project in Dubai
Apartments in Five Beach are located in Jumeirah Beach Residence (JBR). This community includes upmarket residences and the eponymous premium hotel. Residents of the Five Beach residential project have access to all services and amenities that are provided by the hotel. The curve-shaped building resembling a horseshoe sits on the coast of the Persian Gulf. This gated community has a skyscraper surrounded by villas, and a big swimming pool in the center. Homes in Five Beach are studios and apartments with several bedrooms. The top floors are designed for penthouses. Homes with several bedrooms have an additional maid’s room. Residences are commissioned in a move-in ready condition, with several finishes available. Owners can approve their preferred design during the construction stage.
Real estate in Jumeirah Beach Residence (JBR), Dubai, UAE
This waterfront community is part of the large Dubai Marina District.
The local residential property features apartments in several dozen skyscrapers with both private residences and hotels. There is a high all-year-round demand for this real estate from tenants because of its close proximity to the sea, marvelous beaches, and convenient location relative to other UAE districts and amenities. The community has direct access to Sheikh Zayed Road, a major motorway which can quickly take you anywhere in the megalopolis. If you prefer public transport, you can use the network of bus and metro routes. The international airport is only a 30-minute drive away, and the iconic Burj Khalifa skyscraper is 20 minutes away.
Property for sale in Five Beach
Five Beach is an off-plan residential project that offers premium residences from AED 33,370 (USD 9,085 or JPY 60,141) per square meter, however, the final price depends on the property type and finishes. For instance, a 5-bedroom apartment cost upwards of AED 31.5 million (USD 8.576 million or JPY 57.03 million). Attractive payment plans are on offer to potential buyers. Apartments in the off-plan residential project of Five Beach are offered at the developer’s price under the following pay-in-installment plans:
- 30% of the value of the property as a down payment
- Further payments are made in installments; up to 40% of the price may be paid after the property is commissioned
This enables you to avoid a mortgage loan and interest payments, even if you have a limited budget. Real estate in Five Beach at the construction stage provides an additional opportunity to save. By the time the housing is commissioned, its value will have increased, so you can benefit from value capitalization. Additionally, the choice of apartments is broader during the initial construction stage.