Top buildings to buy an apartment in JLT Dubai
Jumeirah Lake Towers (JLT) is one of the most desirable neighbourhoods in Dubai for investors and buyers. The district has sleek, high-rise towers set around a beautiful lake and a lush family park. For those looking to buy an apartment in JLT Dubai, the area has a massive portfolio of properties catering to all budgets. Keen on investing in the neighbourhood? Let’s check out popular buildings to buy an apartment in JLT, including their average sales prices and amenities.
WHY INVEST IN JUMEIRAH LAKE TOWERS?
Jumeirah Lake Towers (JLT) offers various choices for apartments for sale. Buyers can choose from furnished and unfurnished units in different configurations. You can also check out 2D and 3D JLT floor plans to understand flat layouts better.
JLT apartments for sale offer a great option for those who want to live in a central location with easy access to the emirate’s trendiest commercial, residential, and entertainment hubs within 20 minutes. The presence of UpTown Dubai has also increased the appeal of apartments for sale in JLT. In fact, as per sale transactions for apartments in Jumeirah Lake Towers (JLT), over 3,900 deals were conducted over the last 12 months.
So, where exactly do you start looking for apartments for sale in JLT? Let’s find out.
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POPULAR BUILDINGS TO BUY APARTMENTS IN JLT DUBAI
Jumeirah Lake Towers is a wonderful community to raise a family. It is home to various hotels and high-end developments, with major shopping and leisure destinations nearby.
According to user searches, New Dubai Gate 2 is the most popular choice among buildings to buy an apartment in JLT followed by Lake Point Tower. New Dubai Gate 1, Icon Tower 1 and Lake Shore Tower are other entries on our list of buildings to buy an apartment in JLT Dubai.
NEW DUBAI GATE 2
Developed by Bonyan International Investment Group, New Dubai Gate 2 is the leading choice among those looking for JLT apartments for sale. The 36-storey building is located in Cluster A of JLT.
With apartments ranging from studios to 3-bedroom flats, New Dubai Gate 2 is ideal for single professionals, couples and families. These apartments come with modern finishing, lake or picturesque community views, and shared amenities such as an indoor swimming pool, spa, health club and jacuzzi.
Another advantage of buying apartments in JLT New Dubai Gate 2 is the proximity to supermarkets, restaurants and salons. New Dubai Gate 2 overlooks Lake Almas West, which increases its appeal for those keen on investing in JLT.
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- The prices for studio apartments in New Dubai Gate 2 average at AED 745k
- The 1-bedroom apartments for sale average at AED 1.18M.
- The expected ROI for flats here is 7.13%.
Are you interested in buying an apartment in the building? Don’t forget to explore the New Dubai Gate 2 floor plans.
LAKE POINT TOWER
Lake Point Tower is next among the top buildings to buy an apartment in JLT. Developed by Gulf General Investment Company (GGICO), the 45-storey residential building stands tall in Cluster N, Jumeirah Lake Towers (JLT). It has 414 residential units in 1, 2 and 3-bedroom configurations. Amenities include a fitted gym, jacuzzi, sauna and swimming pool.
Interested in apartments for sale in Lake Point Tower?
- Buying a 1-bed flat in Lake Point Tower would cost AED 1.23M.
- A 2-bedroom apartment for sale is available for AED 1.7M.
- Investing in a 3-bed flat would cost you AED 2.32M.
Check out Lake Point Tower floor plans to learn more about apartment layouts.
NEW DUBAI GATE 1
Located in Cluster Q, New Dubai Gate 1 is the third entry on our list of buildings to buy an apartment in JLT. You can find studios, 1, 2 and 3-bed apartments in this 42-storey high-rise.
New Dubai Gate 1 could be a good choice if you are used to an upscale lifestyle. The amenities available in the high-rise include a gym, a temperature-controlled swimming pool, steam and sauna rooms and a landscaped garden.
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Depending on the bed type, an apartment in New Dubai Gate 1 can measure from 416 sq. ft. to 1,519 sq. ft. There is also underground parking and a state-of-the-art security system.
- The average price of a studio for sale in New Dubai Gate 1 is AED 750k.
- The average sales price is AED 1.2M for a 1-bed flat.
- The ROI offered stands at 7.63%.
Look at the New Dubai Gate 1 floor plans to see if the design is to your liking.
ICON TOWER 1
A project of Al Mazaya Holding, Icon Tower 1, is also one of the popular buildings to buy apartments in JLT Dubai. Based in Cluster M JLT, it offers studios, 1 and 2-bedroom apartments. Some studio flats located on top floors offer lovely lake views.
Those living in flats in Icon Tower 1 JLT for sale can access a children’s play area, sauna, steam room, swimming pools and gyms.
- To buy an ICON I studio, you must spend AED 700k.
- The average sales price for a 1-bedroom apartment in Icon Tower 1 is AED 1.25M.
- The 2-bedroom apartments for sale are priced at AED 1.82M.
- The expected ROI is 7.33%.
Take a look at the Icon Tower 1 floor plans to find out if the property layouts suit your needs.
LAKE SHORE TOWER
Lake Shore Tower is a 46-storey high-rise in Cluster Y of Jumeirah Lake Towers (JLT). Amenities include covered parking, a swimming pool, a jacuzzi, a gymnasium, high-speed elevators and a children’s play area.
Those interested in apartments for sale in Lake Shore Tower can choose from 1, 2, 3 and 4-bedroom units.
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- A 1-bed flat for sale is priced at AED 1.27M.
- The 2-bedroom apartments for sale are available for AED 1.77M.
- The expected ROI is 6.94%.
Browse Lake Shore Tower floor plans to learn more about the property layouts.
FAQS ABOUT TOP BUILDINGS TO BUY AN APARTMENT IN JLT DUBAI
WHAT DO I NEED TO KNOW ABOUT LIVING IN JLT?
JLT is one of the popular localities in Dubai. Take a look at the pros and cons of living in JLT to decide if this is the right area for you.
Whether you are looking for a family home or a property to invest in JLT, it’s worth considering the benefits and challenges you may face.
CAN I RENT AN APARTMENT IN JLT?
If you plan to move to this trendy residential area, you can also look at the best buildings to rent apartments in JLT. Tenants looking to move to the neighbourhood can find great offers with a free chiller, as JLT is one of Dubai’s top areas with chiller-free apartments. You can read our detailed comparison of chiller free vs district cooling in Dubai to decide which option better suits you.
That concludes our guide to the popular buildings to buy apartments in JLT Dubai! We hope this article helps you identify the perfect apartment for sale in JLT Dubai. Happy apartment hunting!
Stay tuned to MyBayut for more articles on the best residential areas in Dubai!
Leave a Reply
I am interested to buy an 1 bedroom apartment in JLT. I would like to know the lease rates one can expect if I plan to give the apartment for rent.
Hey Naveen,
Thank you for reaching out to us. The rates for leasing a 1-bedroom apartment in JLT vary depending on the building in the area. You can take a look at our 1-bed flats for rent in JLT listings to find out the average prices.