- Dubai
- Jumeirah Lake Towers (JLT)
Properties for sale in Jumeirah Lake Towers (JLT)
Lake View| Well maintained unit|Great Amenities
- 1 Bedroom
- 2 Bathrooms
- 691 Sqft
Buy Property in Jumeirah Lake Towers (JLT)
Jumeirah Lake Towers (JLT) is a freehold mixed-use community in Dubai. A prime example of luxury infused with serenity, it overlooks four man-made lakes and a dedicated area for parkland. It is ranked among the top areas in Dubai for affordable residences. The area has an easy-going cosmopolitan vibe, which makes it more suitable for youngsters and working professionals. However, families also look for properties for sale in JLT because of its prime location, the availability of abundant facilities, and its serene ambience. Furthermore, the presence of lakes, retail options, hospitality venues, food and beverage outlets, and entertainment zones further enhances its popularity.
The area comprises high rises in 26 clusters. They are denoted by the 26 alphabets of the English language. Each cluster features three buildings apart from offices, hotels and shops. The road that splits these clusters connects First Al Khail Street with Sheikh Zayed Road, ensuring other communities and landmarks of Dubai remain easily accessible for residents.
Popular residential projects in JLT
As the area houses high-rises, you will mostly find apartments in JLT. Some buildings also have luxury penthouses. Some of the popular residential projects where you can find properties for sale in JLT include New Dubai Gate, Goldcrest Views, Icon Tower, Lake City Tower, and Lake View Tower. Residences in these buildings are masterfully designed, eloquently planned, and come with an advanced set of amenities and facilities, such as swimming pools, parking space, serviced elevators, spas, outdoor and indoor play areas, etc.
Latest property prices & ROI in JLT
JLT witnessed an 8.86 per cent increase in property prices during the year 2021. It was second to properties in Business Bay that recorded a 10.83 per cent increase in average prices. After this marginal increase, average property prices in JLT have reached AED 900.26 per square foot. The price of studios, 1-bedroom, and 2-bedroom units in JLT averages AED 446,000, AED 793,000, and AED 1,275,000, respectively.
When it comes to ROI, Jumeirah Lake Towers properties produce an average gross investment yield of 6.34 per cent. The high returns, coupled with affordable property prices, make this area suitable for those venturing into the Dubai property market as investors.
Why should you buy property in JLT?
Buying a property in JLT will allow you to enjoy a life full of comfort, luxury, and opulence. The presence of lakes in this area brings an element of serenity and freshness. However, the real draw is affordable prices. You can realise your dream of becoming a homeowner in Dubai and enjoy the maximum city perks by finalising a property for sale in JLT.
As a resident of this community, you will be served by an array of communal facilities. These include educational institutes, supermarkets, medical facilities, dining options etc. Its proximity to Sheikh Zayed Road makes it easily accessible. Whether it's nearby communities, such as DIFC, Dubai Media City and Downtown or other major landmarks in the emirate, you can reach them conveniently, thanks to its connectivity. Those who rely on public transport can access two metro stations located in this area.
The neighbourhood has a range of communal facilities such as supermarkets, educational institutes and dining options. It is situated next to Sheikh Zayed Road and has two metro stations providing ease for the commute to neighbouring areas. Even though JLT has a rather laidback ambience, the area still has many places one can visit and explore. There’s a myriad of restaurants located here, catering to the taste of everyone. When it comes to shopping malls, the area doesn’t have one, but Ibn Batutta Mall, Mall of the Emirates, and Dubai Marina Mall can be reached easily. Overall, life in JLT is comfortable and relaxing. You can look for properties for sale here whether you’re an investor or an end-user.
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