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Rimal 5, JBR

Rimal 5, JBR

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Strengths

Prime Location

Spacious Apartments

Excellent Amenities

Weakens

High Maintenance Fees

Limited Parking

Noise Levels

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Description

Rimal 5, JBR

Real Estate Overview

Building Overview

  • Rimal 5 is an attractive residential tower located in the vibrant Jumeirah Beach Residence (JBR) area, renowned for its stunning beachfront and panoramic ocean views.
  • This building is positioned among various dining, shopping, and entertainment options, making it ideal for both families and professionals.
  • Nearby landmarks include The Walk at JBR, Dubai Marina Mall, and easy access to the beach.
  • Rimal 5 is part of a cluster of luxurious towers offering modern architectural designs and high-quality finishes.

Properties Overview

  • The building offers a range of properties, including spacious 1, 2, and 3-bedroom apartments with diverse layouts and stunning sea or city views.
  • Rental prices for 1-bedroom units start around AED 90,000 per year, while 2-bedroom apartments can range from AED 130,000 to AED 180,000.
  • For potential buyers, available apartments vary between AED 1.2 million and AED 3 million, depending on size and view.

Market Trends

  • Recent market trends indicate stable rental prices, with a slight increase seen in the past year due to growing demand in the JBR area.
  • Investors can expect average returns on investment (ROI) of approximately 6-7%, which is competitive within Dubai's real estate market.
  • Forecasts suggest continued interest in beachfront living will maintain or increase property values in the coming year.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents of Rimal 5 benefit from proximity to several supermarkets, including Carrefour and Spinneys.
  • Several quality schools and nurseries are within the vicinity, such as The International School of Choueifat.
  • Healthcare facilities are easily accessible, with numerous clinics and the Emirates Hospital located nearby.

Transportation and Accessibility

  • Rimal 5 boasts excellent connectivity, with readily available public transportation options, including the JBR tram and nearby metro stations.
  • Residents have access to ample parking spaces within the building, making it convenient for those driving.

Lifestyle Amenities

  • The JBR area is famous for its lively lifestyle, with multiple fitness centers, luxurious spas, and beachfront activities.
  • A diverse selection of international restaurants, cafes, and hotels cater to varying tastes and preferences.
  • The Walk at JBR provides a vibrant atmosphere with events, markets, and entertainment year-round.

Builing Facilities

  • Rimal 5 is equipped with high-speed elevators for efficient access to higher floors.
  • 24/7 security services and surveillance ensure the safety of all residents.
  • The building features centralized air conditioning and maintenance services to enhance living comfort.

Special Services

  • Residents benefit from concierge services, assisting with daily needs and enhancing the living experience.
  • Guest services are available to cater to visitors and enhance hospitality for residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • A mix of layouts is available, catering to various lifestyles, from singles to families, ensuring a tailored living experience.

Things to Consider

  • Before making a decision, consider factors such as proximity to work, school options, and lifestyle preferences.
  • Evaluate the long-term investment potential and community vibe around Rimal 5.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building nurtures a sense of community through occasional events, such as seasonal gatherings and social activities for residents.

Community Identity

  • Rimal 5 stands out due to its beachfront access and vibrant community life, embodying the essence of luxurious urban living in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Rimal 5 offers a safe and engaging environment for families, with proximity to parks, schools, and recreational areas, making it a top choice for parents.

Exceptionally Welcoming

2. Living Options

The community provides a range of living options including spacious apartments with sea views, catering to various family sizes and preferences.

Broadly Diverse

3. Safety And Security

Rimal 5 is equipped with 24/7 security and surveillance, ensuring residents feel safe and secure in their homes at all times.

Remarkably Secure

4. Transportation

With easy access to public transport and major roads, commuting in and around Dubai is hassle-free for residents, enhancing overall convenience.

Highly Convenient

5. Amenities And Facilities

Rimal 5 boasts a variety of on-site amenities such as swimming pools, gyms, and retail outlets, providing residents with everything they need within the community.

Richly Equipped

6. Cost Of Living

While living costs can be higher than average due to prime location, the value offered in terms of lifestyle and amenities justifies the expense for many families.

Relatively Balanced

7. Things To Do

The area is rich with dining options, entertainment venues, and beach access, providing residents with a broad spectrum of activities that cater to all interests.

Vibrantly Diverse

8. Noise Levels

Despite the lively surroundings, Rimal 5 maintains a relatively quiet atmosphere during evenings, conducive to relaxation while still being close to vibrant social spots.

Generally Peaceful

9. Pet Friendliness

The community is supportive of pet owners, with nearby parks and pet-friendly spaces making it an ideal location for animal lovers.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

262.1K AED - 373K AED

Rent:

20.6K AED - 33.1K AED

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