About Jumeirah Lakes Towers

JLT Jumeirah Lake Towers Dubai a new mixed use business district is a harmonious combination of big city life and tranquil living. Offering convenient access to Dubai, JLT is a preferred destination for families, singles, and couples looking for a place within or near Dubai Marina, the Emirates Hills, the Jumeirah district, or anywhere else in Dubai but away from its fast paced lifestyle. Considering that the area is home to various residential units ranging from studios to apartments, duplexes, and penthouses.
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20  MinutesBurj Arab
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31  MinutesDubai Mall
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22  MinutesDowntown Dubai
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32  MinutesDxb Airport
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Guide to Jumeirah Lake Towers (JLT)

JLT is highly differentiated as a freehold area for both UAE residents and foreign purchasers. Its overall design incorporates elderly and young populations; therefore, it is majorly attractive to businessmen and office workers and their desire for convenience across Dubai. JLT offers an enormous diversity of residential units ensuring that it will meet the needs of everyone, from the person living alone to the family with many children. Its proximity to major transportation lines also contributes to the region’s appeal, as these provide convenient connections to other areas.


Economic Attractiveness of JLT


Economically, JLT is very attractive with its real estate also being on sale and yielding good returns. For the 1-bedroom segment, the average ROI is at 7. 9% and 2-bedroom units provide a ROI of 8. 3% The studios in JLT are the highest return giving 9%. 6%). Studios are offered at rent starting from AED 40k/year, 1-bedroom apartments- from AED 95k/year, and 2-bedroom apartments- from AED 98k/year which makes JLT an attractive destination for investors and tenants.

Off Plan Projects for Sale in jumeirah lakes towers

Landmarks and Popular Residential Projects

Among the real estate in JLT are residential properties from high-end developers. Some of the key real estate projects in the pipeline include Ellington Upper House, Banyan Tree Residences Hillside Dubai, Viewz by Danube, Golf Views Seven City by Seven Tides, and New Dubai Gate 1. All such projects have a range of apartments ranging from small studio apartments to 3 BHK apartments and even Penthouse suites along with world-class facilities like infinity pools, a well-equipped gym, a play area for children, etc.


Rent Cost for 1, 2, or 3 Bed Apartments in JLT


Going through ads for rental properties in JLT can show the variety of choices and prices available. Rentals vary from 150,000 AED annually for a one-bedroom flat which provides considerably larger and more contemporary accommodation. A family requiring additional area might settle in two-bedroom apartments for 98,000 AED/year. Studios at roughly 95000 AED/year are ideal for single people or couples trying to save money. These rates convey effectively the idea that JLT occupies a premium location and offers a desirable lifestyle to its residents.

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The motivations for Renting in JLT

Deciding to live in a rented apartment in JLT means agreeing to live confidently in a safe and dynamic urban environment. It has the most comprehensive series of amenities, major destinations are accessible, and the areas have a mixture of residential and commercial spaces for a diverse population. JLT is ideal for any type of client a family with children in search of a secure environment, young adults, or newly-wed couples in need of a vibrant yet relaxed atmosphere.


Welcome to F&C Properties let our team help you in your search for a renter or investment property in this dynamic district, to experience high quality services with the right professional assistance, contact our agents at the earliest and enter the doorstep of your dream home in JLT.

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FAQs

Buyers/owners of properties can get a legal proxy with a proper and duly legalized power of attorney. This person with the POA can have the right to dispose of the properties on behalf of the client, as mentioned in the POA. The POA is valid for purposes like sale, mortgage, and gifting and is valid for a period of 2 years. In case of purchasing with a POA, the said POA is valid for 5 years from the date of notarization at the notary public.
Yes, you can sell an off-plan property before its completion date.
A buyer is eligible for UAE investor visa if his total investment is AED 1 million or above in one of maximum three properties.
Yes, any nationality can own freehold property in designated freehold areas in Dubai and an heir can inherit it.
An escrow account is that which acts as a third-party funding medium wherein the merchant receives access to the transferred money (by the buyer), once an escrow agreement has been fulfilled. If the agreement is not fulfilled by the merchant, the fund is then returned to the buyer. In UAE’s real estate market, an escrow account has a very particular function. The developers of the various projects have to open different escrow accounts for every project, as per the Escrow Account Law in UAE. It protects the buyers funds and regulates the funding that the developers receive from the