Latest news with #Dhs1.35m
Time Out Dubai
16-05-2025
- Lifestyle
- Time Out Dubai
Your complete guide to Jumeirah Beach Residence
There's always something going on in Jumeirah Beach Residence (JBR). An iconic part of the Dubai skyline, this neighbourhood has it all — great transport, good food and an array of things to do. There really is something for everyone, from free beaches to incredible nightlife spots and a stunning view of the sunset. If you like this: Your ultimate guide to every Dubai neighbourhood So if you're planning a visit or thinking about pitching your tent permanently, here's everything you need to know. Your ultimate guide to Jumeirah Beach Residence (JBR) Renting in JBR (Credit: Canva) Average rent price/housing type: Dhs130,0000 per year (one-bedroom apartment). Located right on the beachfront, JBR is made up of a series of (very similar) high-rise buildings, so it's apartments all the way. Most apartments are well-sized and you've got a great chance of getting an uninterrupted sea view depending on where you choose. To rent a one-bedroom apartment for the year, the latest data from Property Finder estimates it'll cost you around Dhs130,000. The average cost to buy a one-bedroom apartment in JBR is around Dhs1.35m. Where to eat in JBR JBR is a popular spot with residents and tourists, so you're spoilt for choice when it comes to where to eat. To start the day on a sweet note, grab a morning pastry at Bake My Day, or grab your caffeine fix at the Arabica Coffee stand. For an ideal lunch spot, take a walk through the array of eateries along The Beach complex, where you can stop in at Common Grounds for an avo toast or crack open some seafood at Aprons and Hammers. For dinner, make a beeline for a panang curry at Rosa's Thai or if you want sky-high views and quality Chinese dishes, Mott 32 is the one for you. Nightlife in JBR (Credit: Paradiso) JBR comes alive at night and there's plenty of places you can stop in for a sundowner, enjoy a mixed drink or dance until the early hours. Once you're finished grooving at a Playa Pacha pool party, head upstairs in the FIVE LUXE hotel for a creative mixed-drink at Paradiso and some impressive views of Ain Dubai. For a night brunch that will keep you full and get you on your feet, try the evening events at STK, or for some laid-back pints and a chance to catch the game, Goose Island is a great choice. Fancy ending the night with a ride on a mechanical bull? Head over to Claw BBQ for some all-American fun. Things to do in JBR (Credit: JBR) Number one on the Jumeirah Beach Residence to-do list — check out the beach. One of a few free beaches across the city, you can take your towel and get comfortable on the sand for no cost at all. Feeling adventurous? There's an inflatable obstacle course you can take on too. For some fun indoor activities, get the kids buckled up for laser tag at Adventure Island or go problem-solving at TEPfactor. Or if you're all about keeping in shape, be sure to squeeze in a visit to the recently-opened Wellfit fitness centre for a state-of-the-art workout and recovery session. Transport in JBR (Credit: Dubai Media Office) JBR isn't on the Dubai Metro line, however it is connected to it via the Dubai Tram. There are a series of stations along JBR where you can hop on and you'll be at a metro station in no time at all. As it's a popular area, there can be heavy traffic in this part of time, so plan ahead if you're travelling during peak hours. Living in Dubai? Revealed: The 14 cheapest neighbourhoods to rent in Dubai 2025 The most affordable places to live in the city Your complete guide to the Dubai Metro: Timings, fares, routes and stations Plus, are kids allowed to travel alone on the Metro? You'd be surprised 15 must-have Dubai apps that will change your life This lot will make life in Dubai so much easier
Time Out Dubai
07-05-2025
- Lifestyle
- Time Out Dubai
Your ultimate guide to DIFC from rent to restaurants
DIFC — she's slick, modern and in the heart of Dubai's business district. A neighbourhood always dressed to impress; expect tall towers, incredible dining options and offices galore. If you like this: Your ultimate guide to every Dubai neighbourhood So if you're visiting for the first time, or are considering pitching your tent here permanently, here's everything you need to know. Your complete guide to DIFC Renting in DIFC Average rent price/housing type: Dhs145,000 per year (one-bedroom apartment). DIFC is all about cosmopolitan city-living, so you can expect skyscrapers and apartments if you're looking to move here. Pick the right spot and you can enjoy some incredible Burj Khalifa views and most buildings are very modern. If you're looking to rent, the latest data from Property Finder estimates a yearly cost of around Dhs145,000. If you're looking to buy, the average one-bedroom apartment will cost around Dhs1.35m. Where to eat in DIFC Credit: Zuma DIFC is home to some of the best restaurants in town. Just crowned restaurant of the decade at the Time Out Dubai Restaurant Awards 2025, try the lamb chops at La Petite Maison and enjoy a sophisticated atmosphere with quality dishes. Try the black cod at Zuma, or step into the frilled finery of a Parisian dinner show at Josette. For dim sum that'll live in your head rent-free head straight to Hutong, or for the seabream carpaccio of dreams, it has to be GAIA, one of the best Greek restaurants in the city. Looking for something a little more casual? A lunchtime smashed patty at High Joint never hurt either. Nightlife in DIFC Much like its restaurants, DIFC's nightlife is also sizzling. This part of the city never sleeps, which guarantees a good night out. For top-quality performances, have a night at the theatre at Dubai Opera or have sky-high sundowners at Amelia Lounge is also a top for a late-night dinner or mixed drink and even has a secret bar. For a night brunch extravaganza, take the whole gang for a night at Miss Tess, where you can watch some incredible theatrics while tucking into some California rolls (and free-flowing drinks). For some of the best mixed drinks in the city slide onto a bar stool at Agora, or find your way to the hidden speakeasy Voyage by Amelia for a nightcap. Things to do in DIFC If you're not dining out or enjoying the nightlife, there is still plenty to do in DIFC both before and after dark. If you're a fitness fan and want to work up a sweat, powerwalk to a Barry's HIIT class or spin it out at Platform Studios. For weight-lifting-lovers, you'll fit right in at the Warehouse Gym. DIFC is designed for professionals, but the indoor playground at Fia Fia will keep the little ones entertained for a few hours. If you want some nature ASAP, take the family on ten-minute drive to Ras Al Khor Wildlife Sanctuary for flamingos and fresh air. Running throughout the cooler season, you can even catch a yoga class under the Gate monument on the last Wednesday of every month. Transport in DIFC Gate Avenue Mall DIFC There are two Dubai Metro stations on the red line that access DIFC, Financial Centre Metro and Emirates Towers Metro Station. Outside of the metro, there are a series of bus routes that pass through the neighbourhood, including the 27, 29 and X22. It's worth noting that this neck of the woods gets busy in rush hour, so allow extra time if you're heading in or out at peak times. Visiting DIFC? 25 of the best restaurants in DIFC: Reservations you have to make now Tried, tested and highly rated restaurants to try in Dubai's financial district 18 DIFC bars for delicious après-work chilling Japanese… speakeasy… jazzy… whatever kind of bar you're after, DIFC's got it It's official: These are the 86 best restaurants in Dubai Tried and tested by us
Gulf Business
27-02-2025
- Business
- Gulf Business
Dubai real estate prices drop 0.57% in Jan, signalling stabilisation
Image: Getty Images Dubai real estate prices fell by 0.57 per cent in Jan 2025, marking the first decline since mid-2022 and signalling a potential market stabilisation, according to leading real estate intelligence firm Property Monitor. Despite the dip in prices, January recorded the highest-ever sales volume for the month, with 14,413 transactions. However, sales volumes were down 4.6 per cent compared to December 2024, and average prices declined to Dhs1,484 per square foot, the firm's monthly market The off-plan segment continued to expand, with 53 project launches from 37 developers introducing 12,400 new units. Mortgage transactions also saw a 6.8 per cent month-on-month increase, with 4,134 loans secured, while loan-to-value (LTV) ratios remained steady despite stricter enforcement of UAE Central Bank regulations. Market shift towards stability 'After four years of continuous growth, Dubai's real estate market is starting to show signs of stabilisation,' said Zhann Jochinke, COO at Property Monitor. 'While transaction volumes remain strong, affordability constraints and market maturity are beginning to shape the landscape. With sales volumes and mortgage transactions moderating, Dubai's property sector could be transitioning from rapid growth to a more sustainable trajectory. A careful balance of supply and demand will determine the market's future in 2025 and beyond.' The report highlighted that the median price for apartments stood at Dhs1.35m, townhouses at Dhs2.61m, and villas at Dhs6.92m. Dubai off-plan market sees slowdown Off-plan transactions accounted for 52 per cent of total sales in January, with 7,555 deals recorded. However, this segment saw a 17.7 per cent decline compared to December 2024. Meanwhile, title deed sales surged by 15.7 per cent month-on-month, making up 47.6 per cent of transactions. Emaar Properties led the off-plan market with a 16.5 per cent share, followed by DAMAC Properties at 15.8 per cent and Danube Properties at 5.3 per cent. Among the most notable transactions, a villa in Emirates Hills secured the highest recorded sale at Dhs425m, while the lowest transaction was a studio apartment in Dubai Production City for Dhs175,000. Dubai's real estate sector witnessed record-breaking performance in 2024, with a 30 per cent year-on-year growth in prices, launches, transactions, and mortgages. Real estate trends in 2025:
