The Jewel Tower B, Dubai Marina

HIGHLIGHTS

About The Jewel Tower B

The Jewel Tower B is a high-rise residential building in The Jewels. Cayan Property Developers and Palma Holding developed it. The building'€™s architecture features a unique design with curved corners, planned by award-winning architect RMJM and led by Hazel Wong. The construction started in 2005 and was completed in 2007.  The Jewel Tower B'€™s estimated height is 90 metres having 21 floors above ground and two floors below ground. The building offers spacious apartments from 1, 2, 3-bedroom units and penthouses with a private pool, offering a serene lifestyle in Dubai Marina. Complementing this extravagant tower is an array of amenities including a gym centre, the swimming pools,a multi-purposelounge, sauna and changing rooms and a range of retail outlets.

Dubai Marina is the world'€™s largest planned waterfront development spanning over 50 million sq. ft. This landscaped promenade is popular among strollers, walkers and cyclists. There are several cafes and restaurants where you can unwind and witness the magnificent skyscrapers in the surrounding. Most of these skyscrapers are residential, including the tallest residential building in the world, Princess Tower. Dubai Marina also has its own shopping mall featuring over 130 shops, a six-screen cinema and a supermarket. With extravagant amenities, Dubai Marina has become a popular real estate property for investors.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai Marina
  • Developer: Cayan Property Developers and Palma Holdings
  • Number of floors: 23
  • Unit type: 1, 2 and 3-bedroom apartments and penthouses
  • Type of ownership: Freehold
  • Amenities: Gym, swimming pool, kids'€™ nursery, sauna, business centre

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The Jewel Tower B

BUILDING DETAILS

Facilities in The Jewel Tower B

Parking

Basement parking in The Jewel B offers reserved spaces for all residents.

Elevators

There are high-speed elevators in The Jewel Tower B, offering access to all floors.

Security, Central Air-Conditioning and Maintenance Services 

This building has a 24-hour security system along with a professional security team to ensure the safety of all residents. Utilities are provided by Dubai Electricity and Water Authority (DEWA). Residents have to pay chiller charges depending on their tenancy contract. Maintenance staff is present on duty. 

Event Space

The Jewel Tower B also has a business centre with a conference room. Facilities such as office internet, fax machine and printer are available.

Gym and Fitness Facilities 

There is a state-of-the-art gym in The Jewel B that offers state of the art equipment. Residents can also head to other fitness studios in Dubai Marina, where they can find fitness coaches as well.

The building also has a separate swimming pool for adults and children. 

Lifestyle Amenities

This building has a sauna along with changing rooms for both men and women. Other amenities include a kids'€™ nursery, bicycle path and walkways and retail stores nearby. There is also a cigar room where residents can lounge and relax. 

Concierge and Guest Services 

This building has 24-hour concierge services. There'€™s an Executive Lounge in the main lobby where guests can unwind. There is access to digital/satellite TV and high-speed internet facilities.

Apartment Types in The Jewel Tower B

The Jewel B, Dubai Marina features apartments and penthouses. The spacious apartment units are fully automated and come with marble flooring and fully fitted kitchens. Floor to ceiling windows are placed in all apartments that bring in natural light.  The apartment types are categorised into 1, 2 and 3-bedroom units. 

1-Bedroom Apartments in The Jewel Tower B

The covered area for 1 BHK flats ranges from 709 sq. ft. to 1,159 sq. ft. There is a master bedroom with built-in wardrobes, two full bathrooms, a fully equipped kitchen, large living area with dining space and a balcony.

2-Bedroom Apartments in The Jewel Tower B

2 BHK flats span over an area ranging from 2,000 sq. ft. to 2,250 sq. ft. These are large living spaces featuring two master bedrooms with built-in wardrobes, a maid'€™s room, two full bathrooms, a guest bathroom, fully equipped kitchen and spacious living room with a dining area. A balcony is attached to these units providing Dubai Marina views. 

3-Bedroom Apartments in The Jewel Tower B

3-bedroom apartments cover an area from 3,375 sq. ft. to 4,530 sq. ft. This includes three en-suite bedrooms with built-in wardrobes, a maid'€™s room, four to five bathrooms, open and fully fitted kitchen, living area and a balcony providing mesmerising views of Marina.

Penthouse in The Jewel Tower B

The penthouse in The Jewel Tower B covers an area of 7,381 sq. ft. These units feature four en-suite bedrooms, separate maid and driver rooms, private swimming pools and Jacuzzi. It has five balconies providing Dubai Marina views. There is a fully-fitted kitchen with appliances, storage rooms, a private gym, a spacious living area and five bathrooms.

Most Popular Apartment Types in The Jewel Tower B

Based on searches conducted by users on PropertyDigger.com over the past 12 months

According to the searches on PropertyDigger, the most popular apartment type in The Jewel B, Dubai Marina are the 3-bedroom units. Following are the 1-bed, 2-bed and 4-bed units in second, third and fourth place respectively.

Rental Trends in The Jewel Tower B

When it comes to renting, residents will have to pay their annual lease in post-dated cheques. The apartments for rent in The Jewel Tower B range from AED 75k yearly to AED 200k yearly. The rental trend for 1, 2 and 3-bedroom apartments are as follows:

As you can witness, rental prices increase significantly as one shift to larger apartment units. Rental prices can be compared to other Dubai Marina apartments for rent.  

Sale Trends in The Jewel Tower B

Those looking to invest in apartments for sale in The Jewel Tower B will find it to be an affordable option as compared to other residential buildings. The sale trends are as follows:

The sale price varies in terms of the amenities offered and the area occupied by units. You can compare the sales price with other Dubai Marina apartments for sale. 

Rental Yield in The Jewel Tower B

Based on searches conducted by users on PropertyDigger.com over the past 12 months

1-bed apartments in The Jewel Tower B, Dubai Marina, are the most profitable with their ROI at 7.3%. 3-bedroom flats closely follow with an ROI of 6.9%.

Service Charges in The Jewel Tower B

These figures are based on the services charges for The Jewel Tower B* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

The Jewel Tower B

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NEARBY AMENITIES

Transportation near The Jewel Tower B

Public transportation near The Jewel Tower B includes bus, metro, tram stations and taxi stands. Online cab booking service is also available.

Bus Stations near The Jewel Tower B 

Jumeirah Beach Residence Station 2 is the nearest bus station located at a 2-minute drive by car. Other bus stations accessible within a 4 to 8-minute drive include Marsa Dubai, Jumeirah Beach Residence Station 1, Jumeirah Beach Residence Station 2, Seaside and Jumeirah Beach Residence Station 1, Seaside.

Metro Stations near The Jewel Tower B 

Jumeirah Lake Towers Metro Station and DMCC Metro Station 1 are accessible at a 6-minute drive by car. 

Tram Stations near The Jewel Tower B 

Jumeirah Beach Residence 2 Tram Stop, Jumeirah Beach Residence 1 Tram Stop and Dubai Marina Mall Tram Stop are accessible within 6-minute drive by car.

Restaurants near The Jewel Tower B

Being located in Dubai Marina, this tower is in proximity to several eateries and cafes. Restaurants near The Jewel Tower B include:

  • Dar El Kamar
  • Carfoosh Restaurant 
  • Le Pirate
  • Star Uzbegim

Dar ElKamar is an Egyptian restaurant serving traditional home-made Egyptian cuisine. It is located at Dorrabay Boardwalk, Beside Jewel Towers, Marina Walk at a 3-minute drive by car.

BBQ and Arabian food lovers can head towards Carfoosh Restaurant. It is located at Shop 4, Pearl Marina Apartments, Marina Walk at a 3-minute drive by car.

Le Pirate serves Mediterranean and Seafood. Must-try dishes include Seafood Paella, Salad and Seafood Pasta. It is accessible at Orra Marina Tower, Marina Walk, Dubai Marina at a 3-minute drive.

Star Uzbegim serves Russian and Uzbek cuisines. It is located at Al Husn Building, Marina Walk, Dubai Marina at a 4-minute drive by car.

Other restaurants in the vicinity include Kababji Grill Marina, Pier 7, Shiro and Fogueira Restaurant & Lounge to name a few.

Fine-dining restaurants near The Jewel Tower B are:

  • Leonardo '€“ Stella Di Mare Hotels & Resorts
  • Observatory Bar & Grill

Leonardo is an Italian fine dining restaurant located at Stella Di Mare Hotels & Resorts, Al Mattla'€™ee Street, Dubai Marina at a 2-minute drive by car. Observatory Bar & Grill is one of the top fine dining restaurants in Dubai Marina. It serves American cuisine, steak and seafood. It is located on the 52nd floor of Dubai Marriott Harbour Hotel & Suites offering panoramic views of Dubai Marina and Palm Jumeirah. It is accessible at a 10-minute drive.

Supermarkets near The Jewel Tower B

You can find plenty of retail outlets beneath the towers. Grocery stores and supermarkets near The Jewel Tower B include: 

  • OTWO Supermarket
  • Grandiose Supermarket
  • Choithrams Supermarket
  • ZOOM Supermarket
  • W Mart Supermarket
  • Al Maya Supermarket

These are accessible within a 2 to 4-minute drive by car. For drug stores, residents can find Real Pharmacy and LIFE Pharmacy, Marina branch within a 12-minute drive from The Jewel Tower B.

NEARBY BUILDINGS

Buildings near The Jewel Tower B include:

  • Marina Wharf 1
  • Marina Promenade
  • Al Zarooni Building Marina
  • DAMAC The Waves

These buildings are within a 3-minute drive by car. Other buildings in the vicinity are Sparkle Towers, Al Majara, Yacht Bay Tower, Marina Quays and Bay Central West Tower are prominent ones. 

Major Landmarks

There are plenty of leisure destinations and landmarks near The Jewel Tower B. These include:

  • Dubai Marina Yacht Club
  • Dubai Marina Walk
  • Marina Beach

Dubai Marina Yacht Club is known for Dubai'€™s ultimate yachting experience. You can go for a rally and berthing. It is accessible at a 3-minute drive by car. Dubai Marina Walk is a 7km long palm-lined waterfront walkway featuring restaurants, cafes and retail outlets.

THINGS TO CONSIDER

The Jewel Tower B, Dubai, is surrounded by several buildings, restaurants and supermarkets. However, it can get congested during rush hours. You can avoid traffic by choosing to commute by tram or metro.

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