Properties for sale in Jumeirah Lake Towers (JLT)

Jumeirah Lake Towers, or more aptly known as JLT, is one of the largest mix-use development out of the many properties in Dubai and is perhaps one of the most sought-after locality as well. As the name indicates, the project in its enclosure has three artificial lakes, which were originally supposed to be four, but Dubai Multi Commodities Center or the DMCC, which are the master developers behind the marvellous JLT real estate chalked it off to make room for a 55,000-metre park. Now, the community consist of breathtaking residential towers, office spaces and numerous shops for sale as well all the while being surrounded by lakes, intricate waterways, communal parks and stunning landscaped gardens.

Types of Properties in Jumeirah Lake Towers (JLT)

Neighbouring in on the exclusive Dubai Marina and Jumeirah Beach Residence or JBR, the many different properties in JLT include numerous residential towers, mostly high rises of about 35 to 45-storeys with Almas Tower being the exceptional crown-jewel of the project rising tall with 66-storeys overlooking the community and the open sea. The community is neatly classified or organized into many zones, called clusters. These residential towers are mostly quite chic and ultra-modern with contemporary architecture, while the many properties for sale in JLT also include luxurious penthouses, shops and offices for sale. JLT is perfectly located in the epicentre of modern Dubai, bordering with many famous communities, areas, landmarks and tourist attractions in the emirate. There are three metro stations close to the community with DAMAC Properties Metro Station being the first, closer to Cluster S. The second is the Dubai Marina Mall which connects to the self-explanatory Dubai Marina and the Cluster P of JLT, which has some of the best eateries and pubs around. The third and the last is the Jumeriah Lake Towers metro station itself providing transport to the residents.

Sale Price Trends for Properties in Jumeirah Lake Towers (JLT)

The properties in Jumeirah Lake Towers expand to a wide spectrum of choices, each as desirous as the next. As far as the residential towers are concerned, they offer housing options including studios, 1, 2, 3 and 4-bedroom luxurious apartments. While studios have a total area of about 400 to 630 sq. ft., 1-bedroom flats as big as 854 to 1,063 sq. ft. 2-bedroom apartments range from 1,380 to 2,044 sq. ft. The area of 3-bedroom apartments range between 1,581 and 3,300 sq. ft. while 4-bedroom apartments offer living spaces between 2,500 and 4,038 sq. ft. Offices for sale in JLT, on the other hand, are as big as 970 sq. ft. to a whopping 13,982 sq. ft. and upwards, whereas shops range between 648 to 5,763 sq. ft. The price of apartments in JLT, however, range between AED 380,000 to even around AED 8,000,000. Offices cost somewhere between AED 400,000 and AED 21,000,000, whereas shops have a buying price that ranges between AED 400,000 to AED 10,500,000.

Popular Areas of Jumeirah Lake Towers (JLT)

The most alluring in all of JLT would definitely be the Cluster P, which is located between the two lakes of JLT, while also being right next to the Jumeirah Lake Towers Park. It has the famous high-end Nola Eatery & Social House, featuring live jazz bands twice to thrice a week and a great ambience in general, making brilliant use of shaded warm lights. Cluster C and G, on the other hand, contain most of the hotels and resorts such as the Bonnington Jumeirah Lake Towers and Movenpick Hotel Jumeirah Lake Towers right behind a local Carrefour market. There are also numerous other great eateries in the locale like the Jazz@PizzaExpress, Wokyo Noodle Bar, Hanoi Naturally, Little Bangkok and Mythos Grill. Then there is also Vogue Fitness JLT, a state-of-the-art fitness centre for fitness enthusiasts.

Reasons for Investing in Jumeirah Lake Towers (JLT)

People thinking of buying anywhere in Dubai, look no further than JLT as the development comes as a complete package. It has come a long way, with guaranteed ROIs and great occupancy rates. You can also sublet your property. Ideal for both families and individuals, JLT is a city within a city, a realm of warmth, comfort and luxury.