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Murjan 5, JBR

Murjan 5, JBR

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Jumeirah Beach Residence (JBR), Dubai

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Strengths

Prime Location

Modern Facilities

Family-Friendly Environment

Weakens

High Maintenance Fees

Parking Limitations

Noise Levels

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Buildign Overview

Summary

  • Murjan 5 is a stunning residential tower situated in the bustling Jumeirah Beach Residence (JBR) community, offering unparalleled views of the Arabian Gulf.
  • This iconic building is surrounded by vibrant dining, shopping, and entertainment options, enhancing the coastal lifestyle for its residents.
  • With its prime location near the beach, residents enjoy easy access to popular attractions like The Walk at JBR and various recreational facilities.

Properties Overview

  • Murjan 5 features a diverse range of apartment types, including one, two, and three-bedroom units, appealing to both renters and buyers.
  • Rental prices vary depending on the unit size, with average rents ranging from AED 95,000 to AED 200,000 per year.
  • For sale properties, the units typically range in price from AED 1.5 million to AED 3.5 million, making it an attractive investment option.

Market Trends

  • The real estate market in JBR has seen a steady increase in demand, with rental properties in Murjan 5 witnessing an occupancy rate of over 90%.
  • In the past year, there has been a significant appreciation in property values within the JBR area, with an average ROI of around 6-7% for investors.
  • Future predictions suggest continued growth in the market, driven by ongoing developments in Dubai and a growing expatriate population.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, health clinics, and reputable schools within a short distance.
  • Major hospitals and healthcare facilities are also in proximity, ensuring quality medical care for families.

Transportation and Accessibility

  • Murjan 5 is well-serviced by public transportation, including the Dubai Tram System and buses linking to the Metro.
  • Ample parking spaces are available for residents and guests, facilitating easy access to other areas of Dubai.

Lifestyle Amenities

  • The building boasts top-of-the-line amenities, including a gym, swimming pool, and direct beach access for an active lifestyle.
  • An array of restaurants, cafes, and entertainment venues are just a stone's throw away, making it perfect for socializing and leisure.

Builing Facilities

  • Features include multiple high-speed elevators, 24/7 security, and centralized air conditioning systems.
  • Professional maintenance services ensure the building and its amenities are kept in optimal condition.

Special Services

  • Additional services such as concierge assistance, guest services, and dedicated business centers enhance the living experience for residents.
  • Unique amenities like children’s play areas and community lounges foster a sense of community within the building.

Planning Your Move or Investment

Floor Plans and Property Types

  • Murjan 5 offers flexible floor plans catering to various lifestyles, including spacious layouts perfect for families and chic options for professionals.

Things to Consider

  • Potential tenants and buyers should assess their budget, preferred apartment sizes, and the building's amenities before making a decision.
  • Consideration should also be given to the duration of stay and future personal or financial goals.

Useful FAQs and Support

Events and Building Life

Building Events

  • Murjan 5 hosts regular community events that bring residents together, including holiday celebrations, fitness classes, and social gatherings.
  • These events cultivate a vibrant community spirit and encourage interaction among residents.

Community Identity

  • The uniqueness of Murjan 5 lies in its modern architecture and lively atmosphere, which reflects the vibrant life of JBR.
  • Cultural identifiers include art installations and local market events that engage both residents and visitors.

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Detailed Buiding Insights

1. Family Friendliness

The community is designed with families in mind, featuring parks, playgrounds, and family-friendly restaurants that promote a safe and interactive environment for children.

Exceptionally Welcoming

2. Living Options

Murjan 5 offers a range of living options, including spacious apartments and penthouses with stunning sea views, catering to various family sizes and lifestyles.

Diverse and Spacious

3. Safety And Security

The building is equipped with round-the-clock security, key card access, and CCTV systems, ensuring a safe environment for residents.

Highly Secure

4. Transportation

The location is well connected to major roads and public transportation options, including nearby tram and metro stations, making commuting easy and efficient.

Conveniently Accessible

5. Amenities And Facilities

Murjan 5 features a wide array of amenities including swimming pools, gyms, and community centers, providing residents with essential leisure and fitness options.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side due to the prime location and luxurious amenities, it remains competitive for similar properties in the area.

Moderately High

7. Things To Do

Residents have access to a vast selection of restaurants, cafes, beach activities, and cultural events, ensuring there is always something to enjoy.

Vibrantly Diverse

8. Noise Levels

Despite being a popular tourist destination, Murjan 5 maintains relatively low noise levels due to solid building construction and good insulation.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets, providing amenities such as pet-friendly parks and nearby beachfront access for pets to enjoy.

Warmly Accommodating

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Key Information

Developer:  Dubai Properties

Building Type: Residential

Building Age: 17 years(Date of completion: 2007)

Unit Types :  2, 3, and 4-bedroom apartments

Floors: 40

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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