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Rimal 1, Jumeirah Beach Residence

Rimal 1, Jumeirah Beach Residence

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No.9, Dubai Marina, Dubai

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Strengths

Prime Location

Amenities

Community Feel

Weakens

High Demand Area

Maintenance Issues

Parking Limitations

Area JLT

Family Friendly, Affordable

High-rise living by serene lakes

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Description

Rimal 1, Jumeirah Beach Residence

Real Estate Overview

Building Overview

  • Rimal 1 is a premier residential tower nestled in the vibrant Jumeirah Beach Residence (JBR) community.
  • This iconic building is conveniently located near retail outlets, dining options, and leisure facilities, with stunning views of the Arabian Gulf.
  • Residents benefit from quick access to public transport options and local landmarks, enhancing connectivity to the wider city.

Properties Overview

  • The building offers a diverse selection of units including studios, one, two, and three-bedroom apartments, catering to various lifestyle preferences.
  • Popular rental properties typically start at competitive rates, with average rental prices significantly influenced by the view and unit configuration.
  • For buyers, the average price for units in Rimal 1 has shown stability, reflecting the high demand and desirable location.

Market Trends

  • Rental prices have experienced moderate growth over the past year, with increasing interest from both locals and expatriates.
  • Sales trends indicate a strong interest in investment opportunities, with favorable ROI expected in the coming years due to ongoing developments in the JBR.
  • Future growth is anticipated as the area continues to attract more residents, bolstered by lifestyle upgrades and infrastructural improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy close proximity to essential services, including supermarkets, schools, hospitals, and clinics.
  • Quality educational institutions and healthcare facilities nearby ensure a high standard of living for families.

Transportation and Accessibility

  • Efficient public transportation options, including the Dubai Metro and bus services, make commuting seamless.
  • The building offers parking facilities for residents, increasing convenience for those with vehicles.

Lifestyle Amenities

  • Rimal 1 features top-notch amenities, including fitness centers, swimming pools, and easy access to pristine beaches.
  • A vibrant social scene is supported by numerous restaurants, cafes, and retail outlets in the vicinity.

Builing Facilities

  • Modern building facilities include high-speed elevators, comprehensive security systems, and centrally regulated air conditioning.
  • Effective maintenance services ensure residents enjoy a well-managed environment.

Special Services

  • Rimal 1 offers concierge services, providing assistance to residents for a variety of needs, enhancing the living experience.
  • Additional amenities include guest services and business centers, catering to both professional and personal needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of thoughtfully designed floor plans are available, allowing potential tenants and buyers to choose based on their specific preferences and requirements.
  • Each unit combines functionality with comfort, making Rimal 1 a compelling choice in the JBR area.

Things to Consider

  • Prospective tenants and buyers should consider factors like proximity to schools, public transport access, and community amenities before making their decision.
  • Assessing budget, property size, and lifestyle needs will lead to a more informed real estate transaction.

Useful FAQs and Support

Events and Building Life

Building Events

  • Rimal 1 fosters a sense of community through regular events and gatherings that encourage resident interaction and connection.
  • Social opportunities, such as holiday celebrations and community picnics, are organized throughout the year.

Community Identity

  • This building is distinguished by its lively atmosphere and commitment to luxury living, embodying the spirit of Jumeirah Beach Residence.
  • Rimal 1's vibrant community and unique lifestyle amenities contribute to its appeal, making it a sought-after destination for residents.

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Detailed Buiding Insights

1. Family Friendliness

Rimal 1 offers spacious apartments and numerous child-friendly amenities, including parks and playgrounds, making it ideal for families.

Exceptionally Welcoming

2. Living Options

The community features a range of living options, from 1-bedroom apartments to larger 3-bedroom units, catering to different family sizes and budgets.

Diverse and Spacious

3. Safety And Security

The area is monitored 24/7 with security personnel and surveillance cameras, ensuring a safe environment for residents.

Highly Secure

4. Transportation

Rimal 1 is well-connected to public transport, including the Metro and buses, and offers easy access to major roads, facilitating commuting.

Conveniently Accessible

5. Amenities And Facilities

Residents enjoy a wide range of amenities such as swimming pools, gyms, and retail outlets within walking distance, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side due to its prime location, many residents find it justified by the quality of life and available amenities.

Moderately Balanced

7. Things To Do

Rimal 1 is located near vibrant nightlife, shopping venues, and beach activities, providing a rich variety of entertainment options for residents.

Vibrantly Diverse

8. Noise Levels

Although the area is lively, especially during weekends, the buildings are designed with sound insulation, making it relatively quiet for residents.

Generally Peaceful

9. Pet Friendliness

Many residents own pets, and the community welcomes them with designated pet areas and nearby parks, enhancing living for pet owners.

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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Local Information

Buy: 291.1K AED - 362.1K AED

Rent: 20.1K AED - 32.9K AED

Length: 200 sqft

Building Age: 11 Years

Floors: 29

Length of Stay:

Short Term : 3.92%
Short Term : 3.92%

A freehold master development divided into six districts, already containing over 350 towers or townhouse rows and 33 landscaped parks. 

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