1 Lake Plaza
Al Thanyah Fifth · Han Worldwide Enterprises
Ready building · Al Fajer
Jumeirah Business Center 5, Al Thanyah Fifth
Highlights
Jumeirah Business Center 5 at a glance
About Jumeirah Business Center 5
Jumeirah Business Center 5 is a commercial building in Al Thanyah Fifth, Dubai, developed by Al Fajer. It holds about 299 units: commercial units.
The building was completed in 2012 and has been in use for about 14 years. 40 units changed hands in the last 12 months, registered with the Dubai Land Department.
Jumeirah Business Center 5 is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.
In a nutshell
- A commercial ready building
- Located in Al Thanyah Fifth, Dubai
- Developed by Al Fajer
- Completed in Q1 2012
- Unit types: Commercial
- Sizes from 90 to 11,810 sq ft
- Service charge from AED 0.79 per sq ft
- DAMAC Properties metro station 0.5 km away
- Status
- Ready
- Developer
- Al Fajer
- Location
- Al Thanyah Fifth, Dubai
- Completed
- Q1 2012
- Unit types
- Commercial
- Prices from
- AED 563.0K
- Service charge
- AED 6.2 per sq ft (2018)
- Nearest metro
- DAMAC Properties, 0.5 km
Building details
Inside Jumeirah Business Center 5
Properties in Jumeirah Business Center 5
Commercial units in Jumeirah Business Center 5
There are about 299 of these in Jumeirah Business Center 5, from 90 to 11,810 sq ft. They have recently sold for a median of AED 3.6M, or AED 2,710 per sq ft. Owners who resold made a median 29% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 299 | 90 sqft8.4 sqmt – 11,810 sqft1,097.2 sqmt | AED 3.6M | – |
Service charges in Jumeirah Business Center 5
The 2018 service charge in Jumeirah Business Center 5 is AED 6.2 per sq ft for commercial units, AED 6.2 per sq ft for offices, AED 0.79 per sq ft for parking, AED 5.83 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2018) | AED 6.2 | 90 sqft8.4 sqmt – 11,810 sqft1,097.2 sqmt | AED 558 – AED 73,222 |
| Offices (2018) | AED 6.2 | 90 sqft8.4 sqmt – 11,810 sqft1,097.2 sqmt | AED 558 – AED 73,222 |
| Retail (2018) | AED 5.83 | 90 sqft8.4 sqmt – 11,810 sqft1,097.2 sqmt | AED 525 – AED 68,852 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Jumeirah Business Center 5
Transportation near Jumeirah Business Center 5
The nearest Dubai Metro station from Jumeirah Business Center 5 is DAMAC Properties (red line, 0.5 km, about 6 min walk), then Jumeirah Lake Towers (red line, 1.2 km, about 14 min walk). Stations planned on new lines nearby include Dubai Marina (orange line, 0.6 km, about 7 min walk) and Dubai Marina Mall (orange line, 0.8 km, about 10 min walk).
- DAMAC PropertiesRed line · 0.5 km · about 6 min walk
- Dubai MarinaOrange line · 0.6 km · about 7 min walk
- Dubai Marina MallOrange line · 0.8 km · about 10 min walk
- Marina TowersOrange line · 1.2 km · about 14 min walk
- Jumeirah Lake TowersRed line · 1.2 km · about 14 min walk
- Jumeirah Beach Residence 1Orange line · 1.2 km · about 14 min walk
Shopping and groceries near Jumeirah Business Center 5
The closest is Marina Walk, 0.9 km from Jumeirah Business Center 5 (about 11 min walk).
- Marina WalkShopping Mall · 0.9 km · about 11 min walk
- Dubai Marina MallShopping Mall · 0.9 km · about 11 min walk
- Marina MallShopping Mall · 1 km · about 12 min walk
- Wafi MallShopping Mall · 1 km · about 12 min walk
- Spinneys / Emaar Towers, Dubai MarinaSupermarket · 1.1 km · about 13 min walk
Restaurants and hotels near Jumeirah Business Center 5
The closest is Radisson Blu Residence, Dubai Marina, 0.7 km from Jumeirah Business Center 5 (about 8 min walk).
- Radisson Blu Residence, Dubai MarinaHotel · 0.7 km · about 8 min walk
- Gloria HotelHotel · 0.8 km · about 10 min walk
- Bonnington Jumeirah Lakes TowersHotel · 0.8 km · about 10 min walk
- The Address Dubai MarinaHotel · 0.9 km · about 11 min walk
- Suha Hotel ApartmentsHotel · 1.2 km · about 14 min walk
Hospitals and clinics near Jumeirah Business Center 5
The closest is Armada Medical Centre, 0.5 km from Jumeirah Business Center 5 (about 6 min walk).
- Armada Medical CentreHospital · 0.5 km · about 6 min walk
- Dr Marc Mueller VIP ClinicHospital · 1.2 km · about 14 min walk
- Cosmesurge & Emirates HospitalHospital · 1.4 km · about 5 min drive
- Eternity Medicine Institute DubaiHospital · 2 km · about 6 min drive
- Eternity Medicine InstituteHospital · 2.4 km · about 7 min drive
Parks and leisure near Jumeirah Business Center 5
The closest is JBR Beach, 1.5 km from Jumeirah Business Center 5 (about 5 min drive).
- JBR BeachPark · 1.5 km · about 5 min drive
Schools near Jumeirah Business Center 5
The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 1.4 km
- Regent International Private School L.L.CUK · KHDA: Very good · 2.8 km
- Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 2.9 km
- Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 3 km
- Dubai British SchoolUK · KHDA: Outstanding · 3.1 km
- Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 3.8 km
Other buildings in Al Thanyah Fifth
Al Thanyah Fifth has 133 buildings. A few others to compare Jumeirah Business Center 5 with:
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Things to consider about Jumeirah Business Center 5
In its favour
- DAMAC Properties metro station is within walking distance.
- An active resale market: 40 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 29%.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Completed 14 years ago: ask about maintenance and any planned refurbishment.
FAQs
Jumeirah Business Center 5: questions answered
Buying, selling or renting in Jumeirah Business Center 5?
A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.