Jumeirah Living By Select Group

Jumeirah Living Business Bay is Select Group's flagship branded residential tower within the Peninsula waterfront masterplan in Business Bay. Rising 35 storeys, the tower comprises 82 residences designed to be a prominent highlight of the Downtown Dubai skyline, with privileged views of the Dubai Canal and the Burj Khalifa. The development offers two, three and four-bedroom premium apartments, five-bedroom simplex and duplex penthouses, and a single full-floor master penthouse spanning 9,656 sq.ft on the 35th floor, complete with five bedrooms, two maids' rooms, a library/study, private gymnasium, sauna and steam room. Residents benefit from Jumeirah Group's branded hospitality services, including 24-hour concierge, valet, housekeeping and a dedicated teenager lounge with gaming and co-studying facilities. The project has since sold out and been completed, with delivery originally scheduled for Q4 2025.

• Developer: Select Group

• Location: Peninsula masterplan, Business Bay

• Height: 35 storeys

• Total residences: 82

• Unit types: 2-4BR apartments, 5BR penthouses, full-floor master penthouse

• Status: Sold out and completed

• Brand management: Jumeirah Group

• Starting price: approximately AED 7.4-8.4 million

• Views: Dubai Canal and Burj Khalifa

• Service charge: approximately AED 30 per sq.ft

• Flagship branded tower of the Peninsula waterfront masterplan in Business Bay

• Jumeirah Group brand management provides hospitality-grade services

• Direct views of the Dubai Canal, Downtown Dubai and the Burj Khalifa

• Just 82 residences, ensuring exclusivity within the tower

• Unique 9,656 sq.ft full-floor master penthouse available

• Sold-out status reflects strong historical demand for the branded product

• Fully completed with no construction or delivery risk

• Close proximity to Downtown Dubai, DIFC and the World Trade Centre corridor

• Teenager lounge and co-studying facilities cater to family buyers

• Business Bay remains one of Dubai's highest-volume freehold transaction districts

• Freehold ownership available to all nationalities

• Golden Visa eligibility for qualifying purchases

• Located within the Peninsula waterfront masterplan on the Dubai Canal in Business Bay

• Approximately 2 km and 6 minutes' drive from Burj Khalifa and The Dubai Mall

• Approximately 3.7 km and 8 minutes' drive from Downtown Dubai

• Approximately 5.4 km and 10 minutes' drive from DIFC

• Approximately 4.8 km and 7 minutes' drive from Jumeirah Beach

• Approximately 11.4 km and 9 minutes' drive from Mall of the Emirates

• Close to the World Trade Centre/Sheikh Zayed Road commercial corridor, a short drive from Downtown Dubai

• Approximately 22 km and 11 minutes' drive from Dubai International Airport (DXB)

• Direct waterfront frontage onto the Dubai Canal, with canal-side promenade access

• Well connected via Al Khail Road (E44) and Sheikh Zayed Road (E11) for citywide access

Jumeirah Living Business Bay delivers a five-star, hospitality-branded amenity offering consistent with its Jumeirah Group management.

• Infinity swimming pool with Dubai Canal and skyline views

• Massage circuit pool

• Dedicated lap pool

• Outdoor yoga deck

• Jacuzzi

• Sauna and steam rooms

• Fully equipped gymnasium

• Personal training room

• Private residents' cinema

• Residents lounge

• Guest relations team and dedicated on-site residential manager

• 24-hour concierge services

• Valet parking service

• Jumeirah-branded housekeeping services

• 24-hour security and surveillance

• Teenager lounge with gaming facilities and co-studying area

• Meeting rooms for residents

• 2 to 4BR Premium Apartment - Size: Approximately 1,500 to 4,500 Sqft, Floors 2 to 30, 2 to 4 Bedrooms, 3-5 Bathrooms, Parking: 1-2 Spaces, Dubai Canal or Burj Khalifa Views, Price AED 7,400,000 Plus

• 5BR Simplex/Duplex Penthouse - Size: Approximately 6,000 to 8,500 Sqft, Floors 30 to 34, 5 Bedrooms, 6 Bathrooms, Parking: 3 Spaces, Panoramic Canal and Downtown Views, Price AED 25,000,000 Plus

• 5BR Full-Floor Master Penthouse - Size: 9,656 Sqft, Floor 35 (entire top floor), 5 Bedrooms, 7 Bathrooms, Parking: 4 Spaces, 360-Degree Dubai Canal, Downtown and Burj Khalifa Views, Price AED 45,000,000 Plus

• Original developer plan: token fee upon reservation

• Balance of 20% registration due within 14 days of reservation

• 20% due within 6 months of reservation

• 60% due upon completion

• Project is now sold out and completed, so current purchases occur on the resale market

Market Snapshot

• Business Bay is one of Dubai's most actively traded freehold districts, benefiting from proximity to Downtown Dubai

• Jumeirah Living Business Bay's sold-out status reflects strong initial demand for the branded product

• The Peninsula masterplan continues to develop around the tower, adding to the district's long-term amenity base

• Branded residences under Jumeirah Group management typically trade at a premium over standard Business Bay stock

• Completed status removes construction/delivery risk relative to off-plan purchases

Rental Yield

• Business Bay apartments typically achieve gross rental yields of approximately 6-8%

• Branded residences can command a rental premium over comparable non-branded Business Bay units

• Canal-facing and Burj Khalifa-facing units generally command higher achievable rents than interior-facing units

Capital Appreciation

• As a sold-out, completed asset, appreciation is now driven by the broader Business Bay and Downtown Dubai market cycle

• Branded residences have historically shown resilient value retention through market cycles

• Continued build-out of the Peninsula masterplan around the tower supports the area's long-term desirability

Price Per Sqft Value

• Recent resale pricing from approximately AED 7.4-8.4 million for premium apartments implies pricing in a competitive range relative to comparable branded Business Bay/Downtown-adjacent towers

• The 9,656 sq.ft full-floor master penthouse commands a significant premium reflecting its unique, one-of-a-kind positioning

• Canal and Burj Khalifa-facing units typically command a premium per sq.ft over other orientations within the tower

Key Risk to Note

• As a sold-out, completed tower, availability is limited to resale listings rather than direct developer sales

• Service charges for branded, amenity-rich towers (estimated at approximately AED 30 per sq.ft) are higher than standard Business Bay buildings

• Resale pricing and payment terms depend on individual sellers rather than fixed developer terms

• Business Bay traffic congestion during peak hours can affect commute times to Downtown Dubai and Sheikh Zayed Road

What makes Jumeirah Living Business Bay unique?

It is the flagship Jumeirah Group-branded tower of the Peninsula masterplan, offering just 82 residences including a unique 9,656 sq.ft full-floor master penthouse with sweeping views of the Dubai Canal, Downtown Dubai and the Burj Khalifa.

How is the final payment handled?

The project's original 40/60 developer payment plan required 60% on completion; as the tower is now sold out and completed, current purchases are transacted on the resale market and typically settled at title transfer.

What is the appreciation outlook?

Business Bay remains one of Dubai's most actively traded districts, and branded residences under Jumeirah Group management have historically shown strong value retention and appreciation through market cycles.

Can this property generate rental income?

Yes; Business Bay apartments typically achieve gross yields of 6-8%, with branded units at Jumeirah Living Business Bay able to command a premium given the tower's five-star hospitality services.

Who is the developer?

Select Group is a Dubai-based developer founded in 2002 with a portfolio exceeding 24.7 million sq.ft, known for landmark projects including the Peninsula masterplan, Marina Gate and Six Senses Residences Dubai Marina.