This article will unravel an exciting project by Dubai Holding – Madinat Jumeirah Living. It is a freehold project offering a lot of value to the investors. If you are curious to know what is so special about this popular real estate establishment, keep on reading. Here is a quick look at what the development offers.
Madinat Jumeirah Living at a glance:
- This venture was introduced in 2019
- It is present at Jumeirah Street.
- The developer is Dubai Holding
- The property type is freehold residential buildings.
The Location of Madinat Jumeirah Living
Situated at Jumeirah Street adjacent to the popular Burj Al Arab, the high-end properties of Madinat Jumeirah Living are settled between Umm Suqeim Road and Jumeirah. This freehold establishment can be easily reached by Sheikh Zayed Road, Al Wasl Road, Jumeirah Road, and Umm Suqeim Road.
It is very near to Dubai’s landmarks and presents everyone an opportunity to reside in the eclectic heart of the Emirate. The commute times from Madinat Jumeirah Living to the city’s prominent landmarks are:
- 25 minutes away from Dubai International Airport
- 5 minutes away from Burj Al Arab
- 13 minutes away from Mall of the Emirate
- 12 minutes away from Palm Jumeirah
- 8 minutes away from Dubai Internet City
5 Reasons Why You Should Consider Madinat Jumeirah Living for Investment
This upscale development is made of two districts known as Lamtara and Rahaal. These districts feature more than 60 freehold residential buildings styled with a fusion of contemporary, modern traces and traditional Arabian architecture which adds the legendary Arabic wind towers that were visible in the UAE traditional homes.
The establishment is also pedestrian and environment friendly both to guarantee a hassle-free living experience to the inhabitants. Aside from this, there are plenty of reasons to consider investing in Madinat Jumeirah Living, such as:
1. An Opulent Lifestyle
The landscape of this posh residential neighborhood presents an unrivaled experience to the lucky residents. All the homes present high-quality fixtures, luxurious fittings, and aesthetic interiors. The buildings boast exquisite lobby lounges.
Not only this, the development is laced with terrific landscaped pathways and areas that complement the region’s grandeur. Madinat Jumeirah Living is itself beside the most praiseworthy retail, hospitality, and cultural experience in Dubai – Madinat Jumeirah. This further solidifies its position as an affluent destination.
2. Gorgeous Views
Imagine waking up and closing the curtains to see one of the world’s most legendary landmarks outside your window. This is exactly what you will get by buying an apartment in Madinat Jumeirah Living.
While you bask in the opulence of your residence, the stellar Burj Al Arab will be visible standing tall against the pristine skyline.
3. Top-tier Amenities
With lush residential units comes upscale amenities – and this is exactly madinat jumeirah living apartments offers to the investors. Apart from the breathtaking views, occupants will benefit from the range of facilities present to them, such as gyms, swimming pools, and cycling and jogging tracks. The lucky residents will also have a seamless access to the shared roof terraces with leisure decks, gardens, BBQ pits, parks, and more.
4. A Flawless Connectivity
With arterial highways like Jumeirah Road, Umm Suqeim Road, Sheikh Zayed Road, and Al Wasl Road being only 5 minutes away from the venture, commuting from the address is as easy as a breeze.
The central address guarantees a simple access to leisure activities and primary business hubs. Madinat Jumeirah Living is also enveloped by prominent public transportation links and is present very near to some promising nurseries and schools, such as Raffles International School.
5. An Urban Lifestyle
This integrated development presents a thriving, urban lifestyle to the inhabitants. It boasts landscaped areas with a community center, covered walkways, a daycare center, retail stores, and so much more.
This guarantees that the occupants have everything they need in one place. A buzzing nightlife, fine shopping, dining, and other leisure facilities are also very near.
If you want to purchase an apartment in Madinat Jumeirah Living from the mega-development, the flexible payment plans for the luxurious development are as follows:
- 5% on the purchase date
- 5% after 2 months
- 5% after 7 months
- 5% after 12 months
- 5% after 17 months
- 5% after 22 months
- 5% after 25 months
- 5% after 28 months
- 60% after 33 months
Things You Didn’t Know About Madinat Jumeirah Living
1. First Freehold Development on Jumeirah Beach Road
Running through the city’s coast and cutting through Jumeirah, Jumeirah Beach Road is popularly known for the waterside resorts along low-rise apartment blocks and tranquil villas. It’s famous due to the availability of landmarks like Burj Al Arab and different beaches like Sunset Beach, Kite Beach, and La Mer. There is also a variety of award-winning restaurants that offer stunning views and haute cuisine.
Madinat Jumeirah Living was the first freehold establishment here, giving investors and expats an equal chance to boast complete ownership of them. Previously, the district was traditionally owned by GCC nationals only..
2. Adjacent to Souk Madinat
Souk Madinat is a retail complex resembling the traditional Arabian street market. The Souk design pays homage to the traditional architecture with the wind towers and sandy hues. Stalls, shops, and kiosks are scattered everywhere and set along arched walkways.
It’s also a dining haven featuring award-winning bars and restaurants giving a range of cuisines – Asian, Mediterranean, Indian, and Arabic. The Souk is set along a pleasant canal where gondola rides are enjoyed.
3. Beachfront Haven
This coastal hub is in the vicinity of the best beachfront attractions in Dubai. Madinat Jumeirah Living boasts its own private beach that expands across 2 km. In short, if you love the combo of the sea and sun, Madinat Jumeirah Living is where you should be.
4. Pedestrianized Development
Since Madinat Jumeirah Living is designed to offer an escape from the city life. The complex is arranged around an integrated series of courtyards with gardens and tree-lined walkways. This pedestrianized establishment guarantees that occupants can bask in fresh air excluding vehicles.
5. Low Maintenance Costs and High ROI
The ROI of the units in Madinat Jumeirah Living boast some of the highest ROI in the city. In this year, it’s recorded as 10%, which is way better than the prime areas of Dubai.
Plus, only AED 15 per square foot means that the service charges are minimal.
6. Proximity to Two Shopping Malls
This development is only 10 minutes away from two huge shopping malls – Dubai Hills Mall and Mall of the Emirate. Both boast extraordinary entertainment venues, versatile culinary experiences, and posh retail stores. Dubai Hills Mall houses the world’s biggest indoor roller coaster, and Mall of the Emirate features the longest indoor ski slope.