FIVE Luxe – A Luxurious Beachfront Development in JBR

ID #: UE023. Further information and photos are available on request.

FIVE Luxe, a stunning beachfront development, is situated in the vibrant Jumeirah Beach Residence (JBR) area. Developed by FIVE Holdings Real Estate Group, this 56-story complex boasts a cascading U-shaped structure with a central pool. Similar to FIVE Palm Jumeirah, FIVE Luxe offers 227 hotel suites and 102 serviced residences. Additionally, it presents elegant studios, 1-3 bedroom apartments, and beach villas for purchase on the podium level.

Prospective buyers can choose from various property types, including Superior, Spa Suite, Superior with Jacuzzi, Executive Suite, Superior with pool, Residences with 2 bedrooms and pool, Executive with 2 bedrooms and pool, and Spa Suite with pool. These properties range in size from 41 to 320 m² and feature layouts with terraces or balconies overlooking the Arabian Gulf. The apartments are further complemented by 3.65-meter ceilings, high-end kitchens, and well-appointed bathrooms.

FIVE Luxe is ideally located between two luxury hotels, The Ritz-Carlton Dubai and Movenpick Hotel Jumeirah Beach, in close proximity to King Salman Bin Abdulaziz Al Saud Street. Nearby bus and tram stops, such as Jumeirah Beach Residence 1, Seaside; Marsa Dubai, Jumeirah Beach Residence Station 1; and Jumeirah Beach Residence 1, provide excellent transportation options.

Residents will have easy access to a plethora of recreational and entertainment venues within a 15-minute walk, including Dubai Marina Mall, Dubai Marina Walk, JBR Beach, Marina Beach, and Roxy Cinemas The Beach JBR. Numerous dining establishments like Catch22, BlaBla Dubai, Asil Restaurant Dubai, and Palm Grill are also within reach.

Medical and educational facilities within the vicinity include Blossom Marina Nursery Dubai, Wellness Massage Dubai Marina, Shakirovna Ladies Beauty Spa Salon, Carrefour Market, Beach City Supermarket, Marina Medical Center, and Dubai Marina Clinics.

FIVE Luxe is scheduled for completion in Q2 2023 and will be the tallest building in JBR, presenting an excellent investment opportunity. Property owners can earn a stable passive income with a guaranteed return of 7% for 10 years. The developer will manage utilities, water, maintenance, and service charges.

Investors in ready or off-plan real estate worth at least AED 2 million (USD 545 thousand) can apply for a 10-year “Golden Visa,” granting them the ability to live in the UAE, sponsor family members, and household staff. Golden Visa holders in Dubai also benefit from the Esaad Card, offering discounts on 7,237 brands in the UAE and 92 countries.