Property Makler
Advanced analytics for residential real estate investing

UAE Dubai

   

Home   Cap rates   Property Valuation   Market Research  


Cap rates  Projects  

Jumeirah 2 area in Dubai - prices, rents and cap rates

Cap rates for projects in Jumeirah 2 area in Dubai

Data as of May 2023
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Private Residences Dubai116,9284,1983.6%

The cap rate (rental yield) in Jumeirah 2 is 3.6%.
Rent in Jumeirah 2 is 0 AED/year/sqm on average for long term rent of an apartment.

Residential property projects in Jumeirah 2

Off-planReady
-Private Residences Dubai

Share of off-plan projects in sales in Jumeirah 2 is 0%

Sales and rents in Jumeirah 2 in May 2023

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Mr. C Residences Jumeirah
Private Residences Dubai

Area guide for property buyers in Jumeirah 2

What are the advantages of 'Jumeirah 2' area in Dubai for property buyers vs. other areas? What are the disadvantages?

Jumeirah 2 is one of the most sought-after residential areas in Dubai, known for its blend of luxury, convenience, and coastal living. Here are some of the advantages and disadvantages of Jumeirah 2 for property buyers compared to other areas in Dubai:

Advantages

1. Prime Location:
- Central Area: Jumeirah 2 is centrally located, offering easy access to major points of interest like Downtown Dubai, Business Bay, and DIFC.
- Close to the Beach: The area is adjacent to the coast, providing residents with easy access to Jumeirah Beach and other waterfront amenities.

2. Lifestyle and Amenities:
- High-End Facilities: The area offers various high-end amenities, including luxury hotels, fine dining restaurants, and chic cafes.
- Recreational Activities: Proximity to parks, beaches, and fitness centers ensures plenty of recreational opportunities.

3. Exclusivity:
- Upscale Community: Jumeirah 2 is considered an upscale neighborhood, attracting a high-profile and affluent demographic.
- Villas and Mansions: The area primarily consists of spacious villas and mansions, often with private gardens and pools, which appeal to those looking for luxury living.

4. Educational Institutions:
- Quality Schools: The vicinity is home to several reputed international schools, making it a family-friendly area.

5. Healthcare:
- Hospitals and Clinics: There are numerous high-quality healthcare facilities in the area, ensuring excellent medical services.

Disadvantages

1. High Property Prices:
- Expensive: Due to its prime location and luxurious amenities, property prices in Jumeirah 2 tend to be relatively high compared to other areas in Dubai. This can be a barrier for cost-conscious buyers.

2. Limited Availability:
- Scarcity: The exclusivity and desirability of the area mean that available properties might be limited, leading to competitive buying conditions.

3. Traffic and Congestion:
- Peak Time Traffic: Being a central area, Jumeirah 2 can experience heavy traffic during peak hours, which could be a concern for daily commuters.

4. Older Properties:
- Age of Buildings: Some properties in Jumeirah 2 are older, which might require additional investment in maintenance and renovation.

5. Tourism and Noise:
- Tourist Attraction: The area's popularity among tourists can sometimes lead to crowded beaches and public spaces, resulting in higher noise levels.

Comparisons with Other Areas

- Downtown Dubai & Business Bay:
- *Advantages:* More high-rise apartments and corporate opportunities, central to the business district.
- *Disadvantages:* Less residential serenity, higher density living.

- Dubai Marina & JBR:
- *Advantages:* High-rise luxury living with vibrant nightlife, closer to marina activities.
- *Disadvantages:* More commercialized, often crowded and noisy.

- Palm Jumeirah:
- *Advantages:* Iconic, ultra-luxurious properties, private beaches.
- *Disadvantages:* Extremely high property prices, further from central Dubai.

- Arabian Ranches & Mudon:
- *Advantages:* More suburban, family-friendly communities with spacious villas.
- *Disadvantages:* Further from the city's central areas, longer commutes.

In summary, Jumeirah 2 offers a blend of luxury and convenience with its prime location, high-end amenities, and upscale community. However, it comes with higher property prices, potential traffic issues, and sometimes older properties, which could be a disadvantage for some buyers.

What areas are better than 'Jumeirah 2' area in Dubai and why?

Jumeirah 2 is an upscale, coastal residential community in Dubai known for its luxurious villas, beach access, and proximity to key attractions. However, depending on your preferences and needs, several other areas might be considered "better" in various contexts. Here are a few:

1. Downtown Dubai
- Why it's better: Often referred to as the heart of Dubai, Downtown Dubai is home to iconic landmarks like the Burj Khalifa, The Dubai Mall, and the Dubai Fountain. It's an area rich in luxury apartments and high-end retail, offering an unparalleled urban lifestyle.
- Amenities: Abundant shopping, dining, and entertainment options, along with world-class hotels and business centers.
- Consideration: Busier and more commercial than Jumeirah 2.

2. Dubai Marina
- Why it's better: Known for its modern high-rises and vibrant nightlife, Dubai Marina offers a cosmopolitan lifestyle with stunning waterfront views.
- Amenities: Marina Walk, yacht clubs, luxury dining, and retail outlets. Excellent public transportation connectivity via tram and metro.
- Consideration: Can be congested during peak times but offers a more dynamic living experience than the primarily residential Jumeirah 2.

3. Palm Jumeirah
- Why it's better: This iconic man-made island offers another level of luxury with its exclusive villas, apartments, and hotels. It provides a secluded yet connected environment.
- Amenities: High-end beach clubs, fine dining, Atlantis The Palm, and private beach access.
- Consideration: Higher cost of living but offers exclusive waterfront living.

4. Emirates Hills
- Why it's better: Often referred to as the "Beverly Hills of Dubai," Emirates Hills is an exclusive gated community featuring large, custom-built villas surrounding a world-class golf course.
- Amenities: Privacy, security, lush greenery, and proximity to golf clubs.
- Consideration: Very high-end, mainly appealing to those looking for large, luxurious homes.

5. City Walk
- Why it's better: An urban lifestyle community offering a blend of high-end retail, dining, and leisure options, along with modern apartments and a lively atmosphere.
- Amenities: Shopping, dining, entertainment, and close vicinity to Downtown Dubai.
- Consideration: Less traditional but offers a modern, vibrant living experience.

6. Business Bay
- Why it's better: Adjacent to Downtown Dubai, it's a rapidly growing business hub attracting professionals and offering a blend of commercial and residential properties.
- Amenities: Easy access to business districts, a canal with walkways, and numerous dining options.
- Consideration: More suitable for those seeking a balance between work and lifestyle.

7. The Meadows
- Why it's better: Part of the larger Emirates Living community, The Meadows offers spacious villas with lush landscaping, a family-friendly environment, and a peaceful setting.
- Amenities: Parks, lakes, community centers, and renowned schools.
- Consideration: Quieter and more suburban than Jumeirah 2.

8. Bluewaters Island
- Why it's better: Hosts the iconic Ain Dubai (the world's largest observation wheel) and offers a mix of residential, retail, hospitality, and entertainment.
- Amenities: Waterfront living, exclusive retail, and dining, easy access to JBR and Dubai Marina.
- Consideration: Newer development with a slightly higher price point but offers unique attractions.

Conclusion
"Better" is subjective and depends on what you're looking for in a neighborhood. Jumeirah 2 is fantastic for beach proximity and luxury villas, but the areas listed above offer differing combinations of urban living, exclusivity, lifestyle amenities, and types of properties. Before deciding, consider factors such as lifestyle preferences, commute times, family needs, and investment goals.

Would you like more specific insights on any of these areas?

What schools are there in and around 'Jumeirah 2' area in Dubai and what are their locations?

Jumeirah 2 is a well-established residential area in Dubai, known for its serene environment, proximity to the beach, and access to various amenities, including education. Here are some of the schools in and around the Jumeirah 2 area:

Schools in Jumeirah 2
1. Jumeirah Baccalaureate School (JBS)
- Location: Jumeirah Beach Road, Jumeirah 2
- Curriculum: International Baccalaureate (IB) for Early Years to Grade 12

2. Little Land Nursery & Montessori Centre
- Location: Al Bastakiya Villas, 78th Street, Jumeirah 2
- Curriculum: Montessori method for early childhood education

3. Kangaroo Kids Nursery
- Location: Villa No. 10, Al Shasha Street, Jumeirah 2
- Curriculum: British Early Years Foundation Stage (EYFS)

Schools in the Vicinity of Jumeirah 2
1. Jumeira Bilingual School
- Location: Near Jumeirah Beach Park, Jumeirah area
- Curriculum: Bilingual program in both Arabic and English

2. GEMS Jumeirah Primary School (JPS)
- Location: Al Safa 1, Jumeirah
- Curriculum: British curriculum for Foundation Stage to Year 6

3. Horizon School
- Location: Al Safa 2
- Curriculum: British curriculum from FS to Year 6

4. Al Ittihad Private School - Jumeira
- Location: Al Wasl Road, Jumeirah 1
- Curriculum: American curriculum

5. Raffles International School
- Location: Umm Suqeim 3
- Curriculum: British curriculum

6. Mirdif American School (MMI School)
- Location: Al Safa 1
- Curriculum: American curriculum

Nurseries around Jumeirah 2
1. Willow Nursery
- Location: Al Safa 2
- Curriculum: UK EYFS curriculum

2. Creative Kids Early Learning Centre
- Location: Umm Suqeim 2
- Curriculum: Play-based early childhood education

These schools offer a variety of curricula including British, American, International Baccalaureate (IB), and Montessori, providing ample choice for parents seeking quality education for their children. The proximity of these schools to Jumeirah 2 makes them convenient options for residents in the area.

What medical clinics are there in and around 'Jumeirah 2' area in Dubai and what are their locations?

Jumeirah 2 is a prime residential area in Dubai, known for its high-end residences, serene beaches, and proximity to various amenities including medical clinics. Here are some of the notable medical clinics in and around the Jumeirah 2 area:

1. Medcare Medical Centre Jumeirah
- Location: Jumeirah Beach Road, Jumeirah 1, Dubai, UAE
- Services: General practice, dermatology, pediatrics, gynecology, orthopedics, dentistry, and more.

2. UpAndRunning Medical Center
- Location: Villa 1192, Al Wasl Road, Umm Suqeim 2, Dubai, UAE (near Jumeirah 2)
- Services: Sports medicine, physiotherapy, chiropractic, osteopathy, and rehabilitation services.

3. Dr. Kayle Aesthetic Clinic
- Location: Villa 1047, Al Wasl Road, Umm Suqeim 2, Dubai, UAE
- Services: Plastic surgery, dermatology, laser treatments, and comprehensive aesthetic procedures.

4. Oris Dental Center
- Location: Jumeirah Beach Road, Jumeirah 3, Dubai, UAE
- Services: General dentistry, orthodontics, cosmetic dentistry, and oral surgery.

5. Al Das Medical Clinic
- Location: Shoreline Building 10, Palm Jumeirah, Dubai, UAE (a short drive from Jumeirah 2)
- Services: Family medicine, pediatrics, gynecology, dermatology, and dental care.

6. Fakeeh University Hospital Clinic Jumeirah
- Location: Jumeirah Beach Road, Jumeirah 3, Dubai, UAE
- Services: Multi-specialty including internal medicine, pediatrics, dermatology, and orthopedics.

7. Valiant Clinic and Hospital
- Location: City Walk, Al Wasl, Dubai, UAE
- Services: Comprehensive medical services including cardiology, gastroenterology, endocrinology, orthopedics, and general practice.

These clinics provide a range of medical services, ensuring that the residents of Jumeirah 2 and the surrounding areas have access to high-quality healthcare. Always check their individual websites or contact them directly for the most current information on services and appointments.


Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.




Property Makler © 2024  Contacts  T&C  About