OVERVIEW


Long term business prospects, wealthy residential environment, decorated with beautiful man-made lakes. This is what it’s like to live and work in Jumeirah Lake Towers. Jumeirah Lake Towers is set just outside the center of town. Thanks to its high-rise towers and lakes fed by the Arabian Gulf, the Jumeirah Lake Towers offers a unique combination of trendiness and nature. The whole establishment is environmentally friendly, so all of the standards of quality are preserved. There is an overall number of 87 residential and commercial towers in the area, which makes for an energetic lifestyle on a waterfront environment. Four spectacular man-made lakes cover around 179.000 square meters of the area.

What is there now does not make up the form of what the area will ultimately look like. The community is in a development phase, and in the near future there will be new gardens, parks, cafes, and playgrounds. This will also help to socially expand the area.

While it may not be smack-dab in the middle of town, like Downtown Dubai and Business Bay, Jumeirah Lake Towers sits in Dubai’s newest, and trendiest area. You can find it just east of the Dubai Marina, right on the other side of Sheikh Zayed Road. However, despite its up and coming developments, Jumeriah Lake Towers (JLT) actually has very affordable living and working costs. JLT dwellers and visitors can enjoy a rather quick and convenient drive to the Dubai Marina’s shopping facilities, or enjoy the beachfront. It only takes a mere 10 minute stroll, or 5 minute car drive to be able to enjoy the beautiful beach.

SUBPROJECTS


There is no shortage of space here either. Jumeirah Lake Towers is made up of 87 different towers, most of which are clustered together in groups of three. The pinnacle of the tower cluster, is the Almas Tower. This tower seems to be the striking point of the community. Generally, all of the towers are divided into two groups. The first group consists of the vast majority of 79 giant towers, and the second shelters a small number of 8 towers.

In-between these clusters, you’ll find lush gardens and picture-perfect waterways. There’s also a waterfront promenade that wraps around, and in-between all of the towers. They also feature countless outdoor cafes, trendy bars, and gourmet restaurants.

Why is JLT considered a universal place? Both commercial, and non-commercial edifices can find a place here. 45 percent of the whole development is dedicated to the residents, people who call the Jumeirah Lake Towers “home”. 21 percent is allocated to business, or office use, and the other 34 percent is made of miscellaneous establishments. Such as hotels, outlets, cafes, restaurants, etc. There are four separate towers dedicated to hotel and shopping use as well.

No matter which tower of apartments you choose to rent or buy from, you’ll find great amenities. Such as private pools, saunas, and gyms. Inside each individual apartment for rent and for sale, you’ll find open floor plans, bathrooms suites, state-of-the-art kitchens, and spacious balconies. Plus, the apartments for rent and for sale at Jumeirah Lake Towers are designed to fit into a variety of budgets. You’ll find everything here from, small studios to large penthouses.

The biggest business attraction at Jumeirah Lake Towers is the Almas Tower, which is home to the Dubai Multi Commodities Centre, along with the Gold and Silver exchanges. There are plenty of other commercial towers, (and even a few mixed-use towers), that are designed to make Jumeirah Lake Towers an outlet for Dubai’s ever-growing business community. Almas Tower is a center point to a number of corporate companies. Such as the Dubai Diamond Exchange, Dubai Gems Club, Dubai Pearl Exchange, and the Kimberly Process Certification, which are now operating within JLT. So, if you own a business, or are an investor, the Almas Tower is a great place for you to thrive. Considering the fact that you will receive 100 percent property ownership, with no taxes paid. The tower is also a preferable venue to hold events or conferences. The Almas Conference Center is about 800 square meters, and is located on the ground floor. It can hold a minimum of 500 people simultaneously.

As popular as Jumeirah Lake Towers is with business owners, it’s even more residentially popular. In fact, there are enough apartments at Jumeirah Lake Towers to accommodate nearly 60,000 people! All of the apartments for rent and for sale at Jumeirah Lake Towers come with stunning views. Some of them even offer panoramic views of the Dubai Marina.  Some of the apartments will give you a great view of the Jumeirah Islands, while others face the Emirates Golf Club. So, no matter which direction your apartment is facing, you will have something beautiful to look at outside. Many of the residents choose the Jumeirah Lake Towers just because it is near their place of work, as well as every other amenity they will ever need. Aside from the accessibility, life here is quite affordable for large families, young professionals, and young couples. There are plenty of play areas for kids near the Jumeriah Lake Towers, making it perfect for families. There is something for every member of the community to feel right at home.

AMENITIES


Due to being surrounded by some of the most famous developments, JLT has a huge variety of entertainment options. Some major shopping communities occupy the nearby areas, such as Dubai Pearl Mall, Dubai Maria Mall, Ibn Battuta and Mall of Emirates. Mall of Emirates is the most convenient shopping area to the residents. So if you get the urge to shop, dine, stroll, or just have fun, there is no need to go too far. Just pick one of the above mentioned malls, and head out for a good time.

So, what will you find inside? – The very best in luxury!

The nearby schools are among the best operating ones in the UAE. The below mentioned schools are just few of the schools in the area:

  • Dubai British School,
  • Emirates International School,
  • Delhi Private School,
  • Dubai International Academy

Additionally, residents in JLT can take advantage of the nearby health institutions, which possess high quality medical facilities and services. Here are just a few of them:

  • Welcare Ambulatory Care Center,
  • Jebel Ali Hospital,
  • Life Medical Center

Market Trends


The landscape of the market trends in Jumeirah Lake Towers can be depicted as follows: The average property price in JLT for sale is AED 2.705.256. The number of total properties here is 3.246. The average price per sq. ft. is AED 1.378. The average price for properties for rent doesn’t go over AED 194.637. The total number of rental properties is 2.837, and the average per price/sq. ft. 96 AED.

Sales & Rental Pricing Chart


Residential Sales & Rental Price-per-square-foot in Jumeirah Lake Towers

Properties for Sale & Rent in Jumeirah Lake Towers