Jumeirah Lake Towers With this name, the only thing that comes to our mind is a community with high-rise towers around lakes, but this community also has many other best features that make it a good investment. Let’s find out these features.
Jumeirah Lake Towers (JLT) - A beautiful name with beautiful high-rise towers around four lakes in Dubai. Renowned as JLT, this community stands as one of the most sought-after destinations among homebuyers and real estate investors who want to live in high-rise towers in one of the best locations in Dubai. One of the best features of this community is the eye-catching view from every tower, overlooking the serene lakes and city skyline.
But, we know that all these facts are not enough to make you understand why Jumeirah Lake Towers is the best investment opportunity. So, in this blog, we will explore the best reasons that firmly establish this community as the most preferred choice for real estate investment. So, let's start exploration with a closer look at its master plan.
Designed as a dynamic mixed-use development, this vibrant community is established around a magnificent man-made lake, forming the biggest USP of this community. When considering the demographic dividend of this exceptional locality, we find:-
With over 80+ towers in total, this splendid community is meticulously organized into 26 clusters, each named from A to Z (alphabetical order). Most of the towers are ranging between 35 to 45 storeys in height but Almas Tower is the tallest tower in this region, soaring to an impressive 66 storeys.
So, this is the master plan of this community, now let's explore the best residential options in Jumeirah Lake Towers Community.
At Jumeirah Lake towers a wide range of luxury apartments are available for sale in both off plan & ready to move in options, offering opulent living spaces adorned with contemporary amenities. If we talk about the configuration then here you can choose from Studio, 1 to 5 Bed Apartments, catering to various preferences and needs.
For the single and working professionals, the studio and 1-bedroom apartments provide an ideal abode. The 2 and 3-bedroom apartments are well-suited for small families, while the 4 and 5-bedroom apartments cater to those seeking spacious accommodations in the elite class. Each cluster within Jumeirah Lake Towers is meticulously crafted by different real estate developers, ensuring that each building boasts its own exclusive layouts and distinctive features, adding a touch of uniqueness to the community.
As you know, there are 80+ towers in different clusters from different developers, so we cannot explore every tower or provide the details of each one. However, we are presenting the finest projects within the community to highlight their exceptional features and offerings.
New Dubai Gate - Luxury With Comfort & Privacy
According to real estate investment experts, in 2021 - 22 New Dubai Gate was the most popular residential project in the JLT community. This residential project comprises two high-rise towers:
Tower New Dubai Gate 1
Tower New Dubai Gate 2
Construction work of The New Dubai Gate 1 was finished in 2010 and the construction of The New Dubai Gate 2 was finished in 2017. Both towers have underground parking space and other basic & luxury amenities.
Icon Tower - Iconic Luxury With Eye-Catching Views
This residential project takes the second spot on the list. Consisting of two remarkable high-rise towers that were constructed simultaneously and completed in 2008, this development presents elegance and sophistication. Boasting an array of exceptional amenities, residents can enjoy access to a fully equipped gym, refreshing swimming pools, indulgent jacuzzis, and inviting BBQ areas. Furthermore, the presence of a charming garden and expansive open spaces outside the buildings adds a touch of natural serenity to this coveted living destination.
Icon Tower 1
Icon Tower 2
Sobha Verde is one of the best developments in JLT at this time. Standing tall at 66 stories, this magnificent development offers breathtaking views of the city skyline and lush green golf course. Discover a range of luxurious living spaces, including 1, 2, and 3-bedroom apartments, meticulously designed to cater to foreigners & expats.
This is all about the best residential options in Jumeirah Lake Towers, now you are definitely thinking about the price & rental of this community. So, here is the estimate.
Jumeirah Lake Towers residential properties offer a diverse range of options, ensuring that there is something suitable for everyone's preferences and budget.
There are a variety of sizes, prices, and rental options available for these properties, so everyone can find something that meets their needs. But if we talk about the average sizes then studio apartments here range between 400 to 600 square feet, and one-bed apartments are available in 800 to 1100 sq. ft. The size of 2 beds apartments in JLT is ranging between 1300 - 2000 sq. ft. On the other hand, 3-bed apartments range from 1500 to 3000 square feet. The bigger size is 4 beds which are available in sizes ranging from 2500 to 4000 square feet.
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Average Price & Rental Trend of Jumeirah Lake Towers in AED (Last 3 Months) |
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|
Asking Price |
Transaction Price |
Rental Price |
Gross Yield |
|
|
Studio |
0.6 Million |
0.5 Million |
55K |
8.90% |
|
1 Bed |
1.2 Million |
1.2 Million |
80K |
6.70% |
|
2 Bed |
1.7 Million |
1.5 Million |
120K |
6.90% |
|
3 Bed |
2.4 Million |
1.5 Million |
150K |
6.30% |
|
4 Bed |
4.2 Million |
3 Million |
195K |
4.60% |
|
5 Bed |
7 Million |
1.7 Million |
370K |
5.30% |
One of the biggest reasons behind the profitability of real estate investment in JLT is its consistent popularity among tourists and businessmen. Even though there are many popular areas nearby like Dubai Marina & Palm Jumeirah, JLT remains highly sought-after throughout the year, ensuring a constant demand for buying & renting.
Owning a residential apartment in JLT guarantees a steady stream of income, as the area continues to attract travelers and business professionals. Moreover, if you want to sell your apartment, the property's prime location ensures a swift and hassle-free process, without the need for prolonged marketing efforts or price reductions. JLT's enduring appeal makes it an ideal choice for long-term investment returns.
Maybe you have some idea about the location of this community but here are some add-ons about location & transportation accessible in Jumeirah Lake Towers.
The Jumeirah Lake Towers community is ideally situated next to Dubai Marina, in close proximity to Interchange 5 on Sheikh Zayed Road. This strategic location provides convenient access to both Abu Dhabi and various prominent landmarks within Dubai. Commuting is made effortless with the well-connected Sheikh Zayed Road, allowing for easygoing travel. Moreover, the stunning Jumeirah Beach and vibrant promenade known as "The Walk" are a mere 10-minute walk away from the community, offering residents easy access to leisure and recreational activities.
Jumeirah Lake Towers is one of the few communities in Dubai that are known for its exceptional accessibility to public transportation. Two prominent metro stations, namely DMCC and Dubai Marina Metro Station, are easily accessible from this community, providing a seamless and efficient mode of transportation. In addition to the metro, residents can also utilize the bus and tram services, further enhancing their connectivity to various parts of the city. Whether it's for daily commuting or exploring the vibrant city, Jumeirah Lake Towers offers excellent connectivity through its extensive public transportation infrastructure.
Basic infrastructure matters a lot when we are looking for a home or real estate investment. So, get the best idea here.
The visionary developers of this community persistently endeavor to build & maintain best infrastructure & lifestyle avenues, ensuring a future adorned with enhanced lifestyle that will bring boundless joy to its residents. So as a resident of this community you will have the best benefits & conveniences like:-
Peripheries of Jumeirah Lake Towers are not on the edge of any beaches, but famous Marina Beach & JBR Beach are just 5 - 10 minutes away from here. So, residents of Jumeirah Lake Towers can easily enjoy the coastal delights of the neighboring neighborhoods. However, the community is home of a plethora of shopping options, as well as Dubai Marina Mall is hardly 5 minutes away from here. But still, the true gem of JLT lies in its breathtaking lakes and expansive park, serving as local landmarks that captivate the senses and enhance the community's attraction.
From the early hours of the morning until long past sunset, life at Jumeirah Lake Towers keeps moving with its vibrant atmosphere. In the morning & evening, open areas around the lakes are full of families, cyclists, joggers, and dog walkers, all roaming in the well-connected circuit of boardwalks and footbridges. Along this picturesque expanse, lakeside cafes, beauty salons, and enticing retail zones create an inviting ambiance.
During the winters, parks in Jumeirah lake towers turn into community zones. Where people can participate in various activities like community yoga classes, various sports like basketball, football, and badminton, and during the nights open-air movie nights take place.
In recent times, Jumeirah Lake Towers has transformed into one of Dubai's premier dining destinations. The community's diverse mix of nationalities has infused the culinary scene with a delightful range of global flavors. Independent restaurants, often with limited seating, come alive in the evenings, enticing foodies with their delicious offerings. If you need some recommendations then there are many restaurants with some specialties like
Jumeirah Lake Towers has truly established itself as a culinary haven within the city, inviting residents and visitors from different parts of the world.
Jumeirah Lake Towers (JLT) in Dubai is a highly sought-after community known for its beautiful high-rise towers surrounding four lakes. It offers a diverse range of luxury apartments and is a preferred choice for real estate investment. With its strategic location, excellent transportation connectivity, and vibrant atmosphere, JLT provides residents with convenient access to key landmarks and a wide range of amenities. The community's stunning lakes, expansive park, and thriving culinary scene further enhance its appeal. JLT is a premier destination for those seeking a high-quality lifestyle in Dubai.
