Jumeira Business Center 2 — sale prices & transaction history

JBC 2 sale prices by floor area

Median recorded prices for Jumeira Business Center 2 by floor area. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 908 recorded office transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

A size band with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — a transaction recorded without a usable floor area belongs to no band.

Most recent JBC 2 transactions

The newest individual recorded office transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in JBC 2

• Owner-occupier businesses selling to a business deadline rather than a market one — the most common source of a genuinely below-market office price.
• A uniform floor plate. With most suites the same size, a seller who needs to move quickly competes head-on with identical units in the same building, which is where a real discount is agreed.
• Age. Office space first sold in 2009 usually needs re-fitting before it can let at current rates, and some owners prefer to discount rather than fund it.
• Thin recent trading. Where a building sells only occasionally, a seller has little current evidence to anchor to, and that uncertainty is where a below-market price is most likely to be agreed.

What to check before you offer on JBC 2

• Check the period printed on each row before using its figure. On a register this old, a band priced off its early years can sit far below the current market, and that label is the only thing that tells you so.
• Confirm exactly which Business Center tower the office is in, and do not rely on a name search to have found them all. The land registry spells the family three different ways.
• Establish whether you are being offered shell-and-core or a fitted office, and who paid for the fit-out. Two units of identical size on the same floor can sit a long way apart on price for that reason alone — the register records what was paid, never the condition it was paid for.
• Ask whether the unit is vacant or tenanted and how long the lease has left. A sale with a sitting tenant transfers that lease with it, which can be the reason a price looks soft or the reason it is firm, and it decides what you can do with the space on day one.
• Ask for the current service charge per square foot and the last two years of it. Office service charges in Dubai are set per building and reviewed annually, and on a whole-floor unit a rise of a dirham or two per square foot comes straight off the net yield rather than out of a household budget.
• Ask which register the unit sits on. A completed office changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

JBC 2 — common questions

Why do some rows show a far lower rate per square foot than others?

Because they are priced off different periods. This register opens in 2009, and a floor-area band that has not traded recently is priced on older sales — sometimes the whole record — which sit well below today's market. Each row prints the period it used. Compare rows only once you know their periods match.

Is this the same register as the other Jumeirah Business Centre towers?

No. Each tower in the family has its own Land Department register, and the family is filed under more than one spelling. This page covers tower two only.

Why is this table by floor area instead of bedrooms?

Because the Dubai Land Department does not record a bedroom count for a commercial unit. Floor area is also the axis an office is genuinely traded on.

Can I tell from this data whether a unit is selling below its original price?

No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same unit.

How current is this register?

The page states the date of the most recent recorded transaction it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.