It is one of the tallest buildings in the JBR district and is in the final stages of construction (11-30 stories completed) with an expected completion date in 2023.
The project includes 102 fully furnished serviced apartments. The interior design is appealing and luxurious: beautiful wood paired with marble with themed suites decorated in 3 different styles. From the 32nd floor there is a possibility to buy the apartments without renovation and renovate them yourself.
All apartments have a beautiful view of the Persian Gulf and the world’s tallest Ferris wheel, Ain Dubai. Residents at FIVE JBR have access to several bars, a private beach, an infinity pool, the ReFIVE SPA, public lounges and 7 à la carte restaurants.
Thanks to a flexible booking policy and quality advertising, the apartments are 80% occupied.
For floors 11-30:
30% – deposit;
30% – after delivery.
20% – in the first year;
20% – in the second year.
For floors 32-55:
30% – deposit
40% – at the beginning of self-renewal
30% – after handover of the property
The project provides a wide range of services in four key areas – development, hospitality, restructuring and investment. Their philosophy is based on five elements: Earth, Water, Fire, Air and Consciousness.
Earth stands for confidence and solid foundations, water for fluidity and adaptability, fire for passion and fulfillment, air for freedom and growth, and consciousness for vision and our contribution to society and the economy.
The project brings both the spiritual and the material into harmonious balance.
These elements symbolize the entrepreneurial qualities of the five founders. Their collective drive and commitment to innovation has resulted in a strong, cohesive team dedicated to building over $2 billion worth of real estate already, resulting in annual profits of over $100 million.