jQuery mouseenter/mouseleave events do NOT bubble (sorry, wizzud, you're wrong), otherwise they'd be no different from mouseover/mouseout. Just to be sure, I've tried your code and it doesn't bubble, indeed. You must have a problem somewhere else. What did you expect this code to do?
BTW, in the future, to better present the problem, don't only paste code snippets here but also provide a test case on jsFiddle.