RENOVATION PROJECTS
IN JUMEIRAH ISLANDS
INTRODUCTION
MARKET POTENTIAL IN JUMEIRAH ISLANDS
Jumeirah Islands is one of Dubai’s most exclusive residential areas, renowned for its luxurious villas, private communities, and prime location. With increasing demand for modern and custom-designed homes, renovation projects in this area offer tremendous opportunities for investors. This case study analyzes the added value achieved through targeted renovations and highlights the investment advantages for buyers.
OBJECTIVES & STRATEGIES
Objective:
To enhance property value by identifying and transforming underutilized or outdated villas into luxurious, market-ready homes that meet the preferences of buyers. The goal is to achieve a substantial increase in property valuation and ensure high profitability through carefully planned and executed renovations tailored to the Jumeirah Islands’ premium market demands.
Strategy:
Identify villas with high potential for value appreciation in scarce areas. Implement premium renovation measures that combine modern interior and exterior designs with luxury features. Maximize buyer appeal through innovative designs and functional improvements.
MODERN & ELEGANT
Before Renovation:
Outdated interiors, no modern amenities, underutilized outdoor areas.
Renovation Measures:
- Luxury kitchen and open floor plans.
- New pool with lighting and outdoor lounge.
- Smart-home technology installation.
Outcome:
The villa’s value increased from AED 12 million to AED 26 million, generating a net profit of AED 10 million.
Renovation Time:
6 Months.
LUXE HAVEN
Before Renovation:
Cramped spaces, poorly utilized garden, simple interiors.
Renovation Measures:
- Expanded pool with new garden landscaping.
- Luxurious interior designs focusing on openness.
- High-quality bathrooms and large window facades.
Outcome:
Selling price reached AED 28 million, with total costs of AED 18.5 million.
Renovation Time:
7-10 months
PRIME RETREAT
Before Renovation:
Classic facade, outdated interior, unattractive outdoor area.
Renovation Measures:
- Modernized facade with elegant details.
- Infinity pool and outdoor lounge additions.
- High-end, contemporary interior design.
Outcome:
Selling price reached AED 25 million, with a net value increase of AED 1.8 million.
Renovation Time:
9 Months
FINANCIAL RESULTS
- Total Capital (Purchase Price): AED 36 million
- Renovation Costs: AED 11.7 million
- Total Costs: AED 47.7 million
- Total Revenue: AED 79 million
- Total Net Value Increase: AED 31.3 million
- Average ROI: 65.6%
KEY INSIGHTS
- Focus on Renovation: Outdoor features such as pools and gardens deliver high value increases.
- Design Excellence: Modern and luxurious interiors are essential to attract buyers.
- Market Demand: Renovated villas in Jumeirah Islands offer excellent price-to-value ratios.
CONCLUSION
These three villa projects demonstrate the tremendous potential that targeted renovations in Jumeirah Islands offer. With an average ROI of 65.6%, this project highlights how investments in renovation properties are highly lucrative. Future projects are expected to continue generating strong profits, especially with increasing demand for modern luxury homes in Dubai.