The Jumeirah Lake Towers area consists of 26 parts (clusters) from A to Z. Each of them includes 3 buildings. They house studios, apartments (1-4 bedrooms), hotels, shops, offices, and other infrastructure.
Most apartments offer panoramic views of lakes and parks. There are also penthouses with 3 and 4 bedrooms in the area.
Many residential complexes have swimming pools, jacuzzis, central air conditioning, saunas, parking spaces, gardens, and barbecue areas.
Most popular among tenants are:
- Cluster Q. Located near JLT park. Studios and 4-bedroom apartments are available for rent.
- Cluster D. Located on the shore of Almas East lake. Studios and apartments (1 to 4 bedrooms) can be rented in this residential complex.
- Cluster A. Located near Almas West lake. Here you can also rent apartments (1 to 4 bedrooms) and studios.
The most popular for buying apartments are cluster A and cluster Q. The third most popular is cluster Z, which offers a view of JLT lake.
You can easily move around the area and reach any point in Dubai by car or taxi via Sheikh Zayed Road (E11). A feature of the area is strict one-way traffic. So if you accidentally miss your turn, you'll have to go around.
There are many parking spaces in the area near hotels, residential and commercial buildings.
Residents and guests of Jumeirah Lake Towers can also ride buses JLT1 and JLT2. The first circulates around JLT lake and park and makes 7 stops. The second goes around Almas West and East lakes and stops 6 times.
Bus JLT2 can take you to the Sobha Reality metro station near cluster S. Bus JLT1 passes near the DMCC metro station near cluster D. Both stations are on the red line of the metro.
Average annual rental cost of real estate in Jumeirah Lake Towers:
- studio – 56,000 AED ($15,248);
- 1-bedroom apartment – 79,000 AED ($21,500);
- 2-bedroom apartment – 116,000 AED ($31,588);
- 3-bedroom apartment – 162,000 AED ($44,114);
- 4-bedroom apartment – 213,000 AED ($58,002);
- 5-bedroom apartment – 336,000 AED ($91,500);
- 4-bedroom penthouse – 250,000 AED ($68,078);
- 5-bedroom penthouse – 300,000 – 325,000 ($81,688 – 88,501).
Minimum sale price of real estate:
- studio – 685,000 AED ($186,521);
- 1-bedroom apartment – 1,172,000 AED ($319,128);
- 2-bedroom apartment – 1,766,000 AED ($480,904);
- 3-bedroom apartment – 2,527,000 AED ($688,135);
- 4-bedroom apartment – 3,884,000 AED ($1,057,590);
- 5-bedroom apartment – 10,850,000 AED ($2,954,596);
- 4-bedroom penthouse – from 3,700,000 AED ($1,007,558);
- 5-bedroom penthouse – 4,000,000 – 14,000,000 ($1,089,252 – 3,812,382).
Yes. The investment attractiveness of Jumeirah Lake Towers is enhanced by:
- location near busy highways;
- developed infrastructure;
- opportunity to walk in parks near lakes;
- alternative methods of electricity generation.
Return on investment depends on the type of property:
- studios – 7.86%;
- 1-bedroom apartment – 7.11%;
- 3-bedroom apartment – 6.91%;
- 2-bedroom apartment – 6.88%;
- 4-bedroom apartment – 5.75%;
- penthouse or 5-bedroom apartment – 3.80%.
