1 Lake Plaza
Al Thanyah Fifth · Han Worldwide Enterprises
Ready building · Al Fajer
Jumeirah Business Centre 1, Al Thanyah Fifth
Highlights
Jumeirah Business Centre 1 at a glance
About Jumeirah Business Centre 1
Jumeirah Business Centre 1 is a commercial building in Al Thanyah Fifth, Dubai, developed by Al Fajer. It holds about 341 units: commercial units.
The building was completed in 2012 and has been in use for about 14 years. 55 units changed hands in the last 12 months, registered with the Dubai Land Department.
Jumeirah Business Centre 1 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 50 to 18,790 sq ft
- Service charge from AED 0.61 per sq ft
- Jumeirah Lake Towers 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 521.0K
- Service charge
- AED 6.63 per sq ft (2018)
- Nearest metro
- Jumeirah Lake Towers, 0.5 km
Building details
Inside Jumeirah Business Centre 1
Properties in Jumeirah Business Centre 1
Commercial units in Jumeirah Business Centre 1
There are about 341 of these in Jumeirah Business Centre 1, from 50 to 18,790 sq ft. They have recently sold for a median of AED 3.3M, or AED 2,640 per sq ft. Owners who resold made a median 14% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 341 | 50 sqft4.6 sqmt – 18,790 sqft1,745.6 sqmt | AED 3.3M | – |
Service charges in Jumeirah Business Centre 1
The 2018 service charge in Jumeirah Business Centre 1 is AED 6.63 per sq ft for commercial units, AED 6.63 per sq ft for offices, AED 0.61 per sq ft for parking. 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 6.63 | 50 sqft4.6 sqmt – 18,790 sqft1,745.6 sqmt | AED 332 – AED 124,578 |
| Offices (2018) | AED 6.63 | 50 sqft4.6 sqmt – 18,790 sqft1,745.6 sqmt | AED 332 – AED 124,578 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Jumeirah Business Centre 1
Transportation near Jumeirah Business Centre 1
The nearest Dubai Metro station from Jumeirah Business Centre 1 is Jumeirah Lake Towers (red line, 0.5 km, about 6 min walk), then DAMAC Properties (red line, 1.2 km, about 14 min walk). Stations planned on new lines nearby include Jumeirah Lake Towers (orange line, 0.6 km, about 7 min walk) and Dubai Marina Mall (orange line, 0.7 km, about 8 min walk).
- Jumeirah Lake TowersRed line · 0.5 km · about 6 min walk
- Jumeirah Lake TowersOrange line · 0.6 km · about 7 min walk
- Dubai Marina MallOrange line · 0.7 km · about 8 min walk
- DAMAC PropertiesRed line · 1.2 km · about 14 min walk
- Jumeirah Beach Residence 1Orange line · 1.2 km · about 14 min walk
- Dubai MarinaOrange line · 1.2 km · about 14 min walk
Shopping and groceries near Jumeirah Business Centre 1
The closest is Dubai Marina Mall, 0.7 km from Jumeirah Business Centre 1 (about 8 min walk).
- Dubai Marina MallShopping Mall · 0.7 km · about 8 min walk
- Marina MallShopping Mall · 0.8 km · about 10 min walk
- Wafi MallShopping Mall · 0.8 km · about 10 min walk
- Al Maya / Dream Tower, Dubai MarinaSupermarket · 0.8 km · about 10 min walk
- Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 1.1 km · about 13 min walk
Restaurants and hotels near Jumeirah Business Centre 1
The closest is Bonnington Jumeirah Lakes Towers, 0.7 km from Jumeirah Business Centre 1 (about 8 min walk).
- Bonnington Jumeirah Lakes TowersHotel · 0.7 km · about 8 min walk
- Radisson Blu Residence, Dubai MarinaHotel · 0.9 km · about 11 min walk
- Gloria HotelHotel · 1.2 km · about 14 min walk
- Suha Hotel ApartmentsHotel · 1.2 km · about 14 min walk
- Oasis Beach Tower ApartmentsHotel · 1.2 km · about 14 min walk
Hospitals and clinics near Jumeirah Business Centre 1
The closest is Armada Medical Centre, 0.5 km from Jumeirah Business Centre 1 (about 6 min walk).
- Armada Medical CentreHospital · 0.5 km · about 6 min walk
- Eternity Medicine Institute DubaiHospital · 1.4 km · about 5 min drive
- Dr Marc Mueller VIP ClinicHospital · 1.6 km · about 5 min drive
- Eternity Medicine InstituteHospital · 1.6 km · about 5 min drive
- Cosmesurge & Emirates HospitalHospital · 1.7 km · about 5 min drive
Parks and leisure near Jumeirah Business Centre 1
The closest is JBR Beach, 1.1 km from Jumeirah Business Centre 1 (about 13 min walk).
- JBR BeachPark · 1.1 km · about 13 min walk
Schools near Jumeirah Business Centre 1
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
- Dubai British SchoolUK · KHDA: Outstanding · 3.2 km
- Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 3.4 km
- Regent International Private School L.L.CUK · KHDA: Very good · 3.6 km
- Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 3.7 km
- Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 3.9 km
Other buildings in Al Thanyah Fifth
Al Thanyah Fifth has 133 buildings. A few others to compare Jumeirah Business Centre 1 with:
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Al Waleed Paradise
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Things to consider about Jumeirah Business Centre 1
In its favour
- Jumeirah Lake Towers metro station is within walking distance.
- An active resale market: 55 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 14%.
- 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.
Specialists
Brokers who know Jumeirah Business Centre 1
These brokers handle sales and lettings in Jumeirah Business Centre 1 and can tell you what is available now.
Mohammad Rizvie Abdul Hameed
Senior Property Advisor
Ahmad Altayeh
Property Advisor
Suchi Vaish
Property Advisor
Faizanahmed Khan
Property Advisor
Peter Main
Property Advisor
Ghayth Ayache
Team Leader
Anjelika Nazarmetova
Senior Property Advisor
Edita Hortova
Senior Property Advisor
FAQs
Jumeirah Business Centre 1: questions answered
Buying, selling or renting in Jumeirah Business Centre 1?
A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.