Learn more about the Jumeirah Lake Towers (JLT) apartment market through trends and average prices.
How affordable is it to live in Jumeirah Lake Towers (JLT)?
The median sales price is approximately AED950,000 in Jumeirah Lake Towers (JLT)
The median price per square feet in Jumeirah Lake Towers (JLT) is AED1,030
The Jumeirah Lake Towers (JLT) area currently has 801 properties for sale
What is the average price of a Apartment in Jumeirah Lake Towers (JLT)?
What You Need to Know About Jumeirah Lake Towers Apartments
Jumeirah Lake Towers or commonly abbreviated as JLT, which is a popular mixed-use development in Dubai. Situated in the central of Dubai, with surrounding district of Dubai Marina, Jumeirah Beach Residence, and Dubai Internet City in its proximity. Jumeirah Lake Towers is center on four manmade lakes and park area as the popular hot spots of its residents. Developed by Dubai Multi Commodities Center, DMCC, Jumeirah Lake Towers has become the ideal residential neighborhood for homebuyers who wishes to live close to the bustling Dubai Marina, without the hustle and rush of the city, without a price tag. The laid-back community ambiance and amenities in Jumeirah Lake Towers makes it an ideal spot of homebuyers seeking an affordable, high-rise apartment living in the “New Central Dubai”. Homebuyers seeking investment in Jumeirah Lake Towers have plenty of options with an affordable apartment unit in different clusters of JLT. Residents in Jumeirah Lake Towers prefers to live in towers that are close to and within walking distance of Dubai Metro stations. Green Lakes, Lake Terrace, Madina Tower, Al Sheraa Tower, and Al Seef are among these structures. The Saba and Reef skyscrapers, as well as the Jumeirah Business Centre and Indigo Icon, are also nearby. Jumeirah Lake Towers is Dubai's most desirable waterfront venue for work and recreation with all units providing residents breathtaking views of the greenery, waterside, and Dubai Skyline.
Popular Areas in Jumeirah Lake Towers
Homeowners in Jumeirah Lake Towers gets a sense of “small-town” charm tucked within a big city. Residents in Jumeirah Lake Towers have a trouble-free access to many major landmarks of Jumeirah Lakes Towers and of Dubai. Residents have access to the popular DAMAC Properties Metro Station in front of Jumeirah Lake Towers entrance for residents to get to work or drop their kids to schools. Residents in Jumeirah Lake Towers prefer to use any kind of mode of transportation. Residents are tucked in the city, where occupants have one of Dubai’s biggest mega malls: IBN Battuta and Dubai Marina Mall offer residents more than 1,200 international retail stores and restaurants in the area. The major landmark of Jumeirah Lake Tower, is Jumeirah Lake Tower Central Park as itself, for residents to have a laid-back stroll, jog, and leisure times along the waterside. Popular among young professionals and small families, Jumeirah Lake Tower offer its resident great relaxed vibe landmarks for Palm Jumeirah situated 15 minutes away via car on the weekdays. Popular among small families, Jumeirah Lake Towers is known for its many nurseries in every cluster of residential buildings, for residents to feel secure about their child education and safety.
Type of Apartments in Jumeirah Lake Towers
Jumeirah Lake Towers, popular among young professional and small families’ homebuyers, so Jumeirah Lake Towers is all about affordable, high-rise apartment living. Homebuyers have planter of apartment options in Jumeirah Lake Tower. Jumeirah Lake Towers community consist big community consists of 79 buildings that are grouped in threes and sorted alphabetically from A to Z. Each cluster has its own commercial waterfront with shops, cafés, restaurants, and other services. JLT is mostly made up of apartment buildings, with a few hotels thrown in for good measure. Walkways encircle the lakes buildings for multi-national expats at Green Lakes Tower in Cluster V and Al Seef Tower in Cluster U. They are at the top of the market, with spectacular balcony views, enormous living areas, roomy bedrooms, and well-equipped kitchens. There are also gyms, saunas, and swimming pools in the buildings. For From studios, 1-, 2-, 3-, and 4-bedroom apartments, homebuyers are spoil with choices. Each residential building is developed by different real estate developer, so homebuyers have the option to match the residential building facilities with homebuyers’ own interests. Dominated by the four manmade lakes, the apartment units offer tenants view of the lakes and Dubai Skyline. A studio apartment in JLT costs around AED 400,000, a one-bed apartment costs around AED 825,000, and a two-bedroom apartment costs around AED 750,000
Lifestyle in Jumeirah Lake Towers
Homebuyers are in for a treat of a easygoing, pedestrian-friendly, pet-friendly, and healthy lifestyle of Jumeirah Lakes Tower. Jumeirah Lake Towers does have a different vibe through-out the day. Such as the morning vibe of Jumeirah Lake Towers professional occupants are rushing to work or residents with kids-school gong are dropping children to nurseries or schools at Emirate Hill. Post-peak time Jumeirah Lake Towers turns into a laid-back community for occupants to take a stroll, enjoy waterside dining’s, or go to the park to have a active lifestyle. By night time, unfortunately, Jumeirah Lake Towers offer a few nightlife options, mainly in licensed establish hotels. Compared with Dubai Marina, where the nightlife is buzzing till dawn. Instead at night, occupants in Jumeirah Lake Towers will spots residents whom are sport-lovers and fitness bugs exercising in the spacious community green spaces or are in between, football, basketball, or tennis matches with other tenants for Jumeirah Lake Towers. Jumeirah Lake Towers is a rather laid-back city that offers convenience at its finest. Restaurants, cafes, and shops are conveniently positioned near the many high-rise residential complexes, so you can get what you need in a short stroll. Between the towers, there's plenty of green space, especially now that one of the man-made lakes has been transformed into a large, family-friendly park for residents to kick back and enjoy live.
Top 3 Reasons to Invest In Jumeirah Lake Towers Apartments
Homebuyers have plenty of options to consider investing in Jumeirah Lake Towers apartments. The apartments at Jumeirah Lake Towers are consider to be ultra-modern, new, and spacious apartments. Rental yields in Jumeirah Lake Towers for studios and one-bedroom apartments are 9-11 percent. As Jumeirah Lake Towers is affordable then its neighboring Dubai Marina, homebuyers prefer to come to JLT community of reasonable yet luxurious lifestyle of the laid-back community. Secondly, re-sale in Jumeirah Lake Tower is high, with new facilities constructing every year and homebuyers’ preference of easy comminute to work and back from work, its cut lots of time. Homebuyers will be perfectly places of the receiving the perfect blend of vibrant city life with the easy-going community life tucked in dub “New Central Dubai”. Jumeirah Lake Towers are ideal for homeowners seeking a pedestrian lifestyle in a tranquil, serene neighborhood away from the frenzied pace of Dubai.