HIGHLIGHTS
- Renting property
- Buying property
- Best buildings
- Getting around
- Schools & clinics
- Malls & restaurants
- Things to consider
- FAQs
ABOUT JUMEIRAH LAKE TOWERS
Jumeirah Lake Towers, commonly abbreviated as JLT, is a sought-after mixed-use community of Dubai. A project of Dubai Multi Commodities Center – DMCC, it is set around four man-made lakes and an area for parkland. With an easygoing community vibe and a range of amenities, JLT has become an ideal residential community for families as well as individuals who want to live close to the bustling Dubai Marina without a price tag. As per Bayut’s Market Report for 2020, JLT is one of the top areas in Dubai to buy affordable apartments.
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019 | STUDIO | 1-BED | 2-BED |
|---|---|---|---|---|---|
| Jumeirah Village Circle (JVC) | ROI 6.4% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019
| STUDIO
| 1-BED
| 2-BED
|
| Jumeirah Lake Towers (JLT) | ROI 7.4% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019
| STUDIO
| 1-BED
| 2-BED
|
| Dubai Silicon Oasis | ROI 7.8% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019
| STUDIO
| 1-BED
| 2-BED
|
| Business Bay | ROI 5.9% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019
| STUDIO
| 1-BED
| 2-BED
|
| International City | ROI 8.5% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2019
| STUDIO
| 1-BED
| 2-BED
|
This area guide delves into the perks of living in JLT and things to consider before moving to the area.
IN A NUTSHELL
- Consists of high rise skyscrapers in 26 clusters of three buildings in each
- A vibrant mix of offices, residences, retail, food and beverage outlets and hospitality venues
- One of the freehold areas of Dubai
- It is named after the lakes that provide the pleasant waterfront promenades
- Has its own pet-friendly park called JLT Park
- One of the most pedestrian-friendly skyscraper communities in Dubai
NEIGHBOURHOOD
COMMUNITY OVERVIEW
JLT is an independent community that consists of 26 clusters, each named after a letter from the English alphabet – A to Z. Each cluster has three buildings of apartments, offices, shops and hotels. These clusters in JLT are split roughly in half by a road that connects Sheikh Zayed Road (E11) with First Al Khail Street. The neighbourhood has a range of communal facilities such as supermarkets, educational institutes and dining options. It is situated next to Sheikh Zayed Road and has two metro stations providing ease for the commute to neighbouring areas.
PROPERTIES IN JUMEIRAH LAKE TOWERS (JLT)
Living in JLT offers an easygoing community vibe and plenty of amenities that cater to the whole family as well as young professionals. Since the community consists of multiple high-rise buildings, the type of properties available is mainly apartments. You can find studios, 1, 2, 3 and 4-bedroom flats along with penthouses in 3 and 4-bedroom configurations. These
Those renting in JLT are in the unique position of having their choice of different layouts, thanks to the fact that the different towers are built by different developers.
RENTAL TRENDS IN JUMEIRAH LAKE TOWERS (JLT)
Apartment Type | Average Rental Price in AED |
|---|---|
Apartment Type Studio | Average Rental Price in AED 34,000 |
Apartment Type 1-Bed | Average Rental Price in AED 52,000 |
Apartment Type 2-Bed | Average Rental Price in AED 76,000 |
Apartment Type 3-Bed | Average Rental Price in AED 108,000 |
Apartment Type 4-Bed | Average Rental Price in AED 141,000 |
Apartment Type 5-Bed | Average Rental Price in AED 325,000 |
- 1 BED
- |
- 1 BATH
- |
- 638 SQFT
- 3 BEDS
- |
- 4 BATHS
- |
- 1949 SQFT
- 2 BEDS
- |
- 4 BATHS
- |
- 1679 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 1527 SQFT
- STUDIO
- |
- 1 BATH
- |
- 479 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 887 SQFT
Rental price for a studio in Jumeirah Lake Towers starts from AED 24k, whereas 1-bedroom apartments start from AED 29k. 2-bedroom flats can be rented for AED 76k, on average while the price range of a 3-bedroom flat fluctuates between AED 59k to AED 290k. The average rent for a 4-bedroom apartment is AED 141k and the average price goes up to AED 325k for a 5-bedroom unit.
Saba Tower is one of the popular buildings for renting apartments in JLT. It is a multi-complex building featuring studio, 1, 2 and 3-bedroom apartments. The price range of rental studio apartments in Saba Tower fluctuates between AED 30k to AED 45k. Other popular apartment towers include Jumeirah Bay X1 and Armada Tower.
SALE TRENDS IN JUMEIRAH LAKE TOWERS (JLT)
Apartment Type | Average Sales Price in AED |
|---|---|
Apartment Type Studio | Average Sales Price in AED 424,000 |
Apartment Type 1-Bed | Average Sales Price in AED 732,000 |
Apartment Type 2-Bed | Average Sales Price in AED 1,125,000 |
Apartment Type 3-Bed | Average Sales Price in AED 1,730,000 |
Apartment Type 4-Bed | Average Sales Price in AED 3,215,000 |
Apartment Type 5-Bed | Average Sales Price in AED 6,401,000 |
Apartment Type 6-Bed | Average Sales Price in AED 20,945,000 |
- 2 BEDS
- |
- 2 BATHS
- |
- 754 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 753 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1467 SQFT
- 1 BED
- |
- 1 BATH
- |
- 989 SQFT
- 3 BEDS
- |
- 3 BATHS
- |
- 1947 SQFT
Since JLT is a freehold area there are multiple different properties up for sale in all of the clusters. You can purchase your own studio in JLT for AED 424k, the average price for 1-bedroom flats is AED 732k and buyers can expect 2-bedroom apartments to range from AED 510k to AED 2.5M. This huge gap is due to the fact that JLT is home to a few deluxe properties.
The average cost of a spacious 3-bedroom unit is about AED 1.7M. One can buy a 4-bedroom apartment in JLT for AED 3.2M. The larger apartments with 5-bedrooms can be bought for AED 6.4M.
Se7en City is an upcoming project in Cluster Z of JLT featuring studio, 1, 2 and 3-bedroom apartments. It is one of the top buildings to buy apartments in JLT equipped with state-of-the-art facilities. The prices to purchase studios in Se7en City ranges between AED 385k to AED 456k while 1-bedroom apartments can cost AED 395k to AED 1M. Other popular buildings for buying apartments include Green Lakes and Saba Tower.
ROI IN JLT
Apartment Type | ROI |
|---|---|
Apartment Type Studio | ROI 7.3% |
Apartment Type 1-Bed | ROI 7.1% |
Apartment Type 2-Bed | ROI 6.8% |
Apartment Type 3-Bed | ROI 6.4% |
Apartment Type 4-Bed | ROI 5.2% |
Apartment Type 5-Bed | ROI 5.8% |
The studio units offer the highest ROI of 7.3%. The 1-bed units follow with an ROI of 7.1%. The 2 and 3-bedroom flats have an ROI of 6.8% and 6.4%, respectively. The rental yield for a 4-bedroom unit is 5.2%. The average ROI of a 5-bedroom unit of 5.8%.
MOST POPULAR BUILDINGS IN JUMEIRAH LAKE TOWERS (JLT)
Jumeirah Lake Towers is home to several high-rise developments which contains some of the tallest buildings of the region. These residential buildings not offer a wide range of property types to choose from but also equipped with several amenities. Interested tenants can take a look at the most popular buildings in JLT to make their choice.
As per collected data, New Dubai Gate fares as the most popular building in JLT. It is a complex of two high-rise residential buildings; New Dubai Gate 1 and New Dubai Gate 2. The first one is a 42-floor building, towering at 151 metres located in Cluster Q. It has 592 apartment units and 30 retail shops. Studios for rent in New Dubai Gate 1 can be found for an average of AED 31k. New Dubai Gate 2 is a 35 storey building standing at 140 metres. It houses 442 apartments ranging in 1, 2 and 3-bedroom configurations. It is located in Cluster A of JLT alongside the Movenpick Hotel and Lakeside Residences. The 2-bedroom apartments in New Dubai Gate 2 for rent are quite popular, these are priced upwards of AED 37k, annually. A 2-bed flat for sale is priced between AED 510k to AED 1.1M.
Based on searches on Bayut, Icon Tower is the second most popular building in the area. It is a twin tower named Icon Tower 1 and Icon Tower 2 featuring studio, 1, 2 and 3-bedroom units. Rents for a 1-bedroom apartment in Icon Tower range from AED 31k to AED 45k. The starting price to purchase a 1-bedroom flat is AED 550k.
Goldcrest Views is the third most popular building in JLT while Lake View Tower follows closely and takes the fourth place. Lake City Tower by Tiger Properties rounds off the list.
JLT FLOOR PLANS
Those looking for Jumeirah Lake Towers floor plans can browse through the floor plans available for popular buildings in JLT, Dubai.
HOTELS IN JLT
Those planning for a short visit to one of the popular communities of Dubai, they can consider staying in these hotels in Jumeirah Lake Towers:
- Bonnington Hotel JLT
- Movenpick Hotel JLT
- Pullman Hotel JLT
- Armada BlueBay Hotel JLT
- Oaks Liwa Heights JLT
The Bonnington Hotel is a 5-star luxury hotel located in Cluster J of the community. The hotel has 271 services rooms equipped with modern amenities and facilities. It also has a range of fitness amenities, a salon and a business centre. Movenpick Hotel is a 168-room hotel featuring dining and entertainment options, a state-of-the-art spa, an outdoor pool and meeting rooms. It is located in Cluster A and is within walking distance from DMCC Metro Station.
Taj Jumeirah Lakes Towers is another luxury hotel featuring an elegant ballroom and a Mediterranean inspired rooftop pool bar and restaurant. Pullman Hotel in Cluster T of JLT offers an outdoor pool and gym to all its guests. while Armada BlueBay Hotel is part of Cluster P as Armada Tower 2. It also features a range of fitness and dining amenities.
TRANSPORTATION AND PARKING SPACES IN JLT
While the various commercial and residential towers have their own parking spaces, these are not usually available to visitors. Limited, paid parking is available to the public, however, the hotels in the neighbourhood offer valet services.
PUBLIC TRANSPORTATION IN JLT
The community offers direct access to Sheikh Zayed Road that makes the rest of Dubai more reachable. The residential hubs like Dubai Marina and Jumeirah Beach Residence are minutes away from JLT if you are driving via First Al Khail Street.
If you don’t drive, there are usually plenty of taxis in the area while two metro stations also make public transportation in JLT easily accessible. There is the DMCC Metro Station which is right next to Cluster D and then the DAMAC Properties Metro Station next to Cluster S. For other clusters there are the feeder buses JLT1 and JLT2 which are conveniently dotted through the area, making commuting and getting around a breeze.
AMENITIES, SCHOOLS AND HEALTHCARE
SUPERMARKETS IN JLT
You will find a series of small supermarkets in JLT, including Spinneys, West Zone, Carrefour Market, as well as a number of small independent marts and convenience stores at the base of the residential and commercial towers. The nearest hypermarket is Waitrose in Dubai Marina Mall, just across Sheikh Zayed Road.
CHURCHES, TEMPLES AND MOSQUES IN JLT
Muslim community fellows can offer their daily prayers in dedicated prayer areas in the residential and commercial tower. Apart from that, Tiffany Mosque in Tiffany Tower is another option for congregational prayers.
Those wishing to attend church can take the short drive to Jebel Ali where there are churches of several denominations. The Sikh Gurunanak Darbar Temple is located in the same area. Hindu fellows can drive to Bur Dubai area to worship at the temples.
SCHOOLS IN JLT
Parents with children of nursery age will find plenty of nurseries in JLT. Nearly every other cluster has its own nursery in JLT, including two branches of Dewdrops Nursery, two Learning Ladders, Paddington Nursery, Kid Kare Nursery, Oakfield Early Learning Centre, and several more, which is probably one of the reasons why the area is so popular amongst young families.
Emirates International School is just a short drive away in The Meadows The nearby area of Al Barsha is also home to several prominent schools including the very highly respected Kings School Al Barsha and the American School of Dubai.
Older students will also find the perks of living in JLT is that it has higher education options. It is home to two universities, the Austrian affiliated Modul University in One Tower, opp Cluster G and the Dubai campus for the Russian based Synergy University in Cluster I. Otherwise, there are also universities in Knowledge Park which is just opposite JLT. There are many notable and reputed options offering different internally accredited curricula.
CLINICS AND HOSPITALS IN JLT
You will also find many choices for medical clinics in JLT including Dr K Medical Center DMCC, the Dome MedDental Clinic, Armada Medical Centre, Optimum Diagnostic Clinic and German Dental Clinic. Other healthcare needs are also met, with the Scandinavian Physiotherapy Centre and Dr Batra’s Homeopathy Clinic in JLT.
Hospitals near JLT include Mediclinic Meadows in The Meadows and in Al Barsha you will find Saudi German Hospital and Al Zahra Hospital.
NEARBY AREAS
You can find JLT’s towering skyscrapers along Sheikh Zayed Road across from the bustling Dubai Marina area. Residents often cross the DMCC Metro Station bridge to get to Dubai Marina.
It is also next to the upscale Emirates Hills development, close to the popular communities of Meadows Dubai, The Springs and Jumeirah Park.
LIFESTYLE
SHOPPING, DINING AND NIGHTLIFE
Given the relaxed vibe of the community, it’s hard to believe the sheer number of services and amenities that are available for residents. Clinics, pharmacies, a vet (the area is very pet-friendly), select retail shops, beauty salons, groceries and supermarkets are all located along the waterfront promenade. Having such a vibrant ambience is one of the biggest benefits if you are thinking of moving to JLT.
MALLS IN JLT
The closest mall to JLT is Dubai Marina Mall, located just across Sheikh Zayed Road. With a huge selection of international stores, this mall is perfect for the cosmopolitan residents to indulge in a spot of shopping. Other shopping malls near JLT include Mall of the Emirates in the Barsha area just 15 minutes away while Ibn Battuta Mall is just 10 minutes away.
RESTAURANTS IN JLT
Foodies are particularly catered to with a myriad of restaurants in JLT, as the neighbourhood is a dining hotspot. Travel the world with every imaginable cuisine, from Vietnamese to Greek, soul food from New Orleans or Sri Lankan cuisine, the list goes on, with options for every palate and price point. In Cluster I there is SCAFA which is a culinary institute that also offers a dining restaurant.
There are a few licensed ventures in the area as well. Popular options include Jazz at Pizza Express in Cluster A, Nola’s Eatery and Social House which serves up American fare in Cluster P. As well as the lounges and bars in the Bonnington Hotel in Cluster J.
BEACHES NEAR JLT
As the area is located on the east side of Sheikh Zayed Road, it does not enjoy its own beach. However, JBR Beach is just across the road, a short taxi ride or walk across the road via the metro station bridge. JBR Beach has its own amenities and facilities perfect for a fun day out.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
One of the newer crazes to hit Dubai are escape rooms. You willingly lock yourself up in a room and solve clues to find the key to the door. There are different themed rooms to escape from and there are two in JLT – Phobia Dubai is located in Cluster X and Escape Quest is in Cluster N. You don’t have to venture out too far for some excitement with Dubai Marina and JBR just across the road.
Located in just a 10-minute drive, Swiss Art Gate is a popular tourist spot. People who have an eye for art will enjoy the work of local, regional and international artists and various art events.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
Differing from the fast-paced lifestyle of Dubai Marina, those living in JLT can enjoy the largely pedestrian-friendly community. There is the pet-friendly JLT Park that’s a hit amongst families thanks to the children’s play areas and jogging tracks. This is certainly one of the biggest benefits of living in JLT.
Apart from the gyms in the residential buildings, there are dance and yoga studios, as well as boxing clubs for fitness enthusiasts.
In terms of beauty-related activities, there are tons of spas and salons scattered throughout the neighbourhood, there are plenty of options for both men and women.
COMMUNITY EVENTS
For the community, there are multiple events that occur, in October you have the Breast Cancer Awareness ‘Pink Walkathon‘. For the rest of the year, there are ongoing sporting events, a kid’s football tournament and even an outdoor art gallery.
As it is a family-friendly neighbourhood, there are a number of events taking place in JLT throughout the year, from carnivals to flea markets and even open-air movie screenings that draw people’s attention.
THINGS TO CONSIDER
Although the area is certainly a great place to live in Dubai, there are a few things to consider before moving to JLT. JLT has experienced problems with traffic in the past, however, recent changes to the roads have significantly reduced this. Although, if you do drive, it’s worth bearing in mind that, because the neighbourhood is a strictly one-way destination, if you miss your turn – you will have to loop all the way back around.
Parking spaces are not always available with each apartment, so check with your agent or landlord to clarify before moving to JLT as to whether one is included in your rent payments.
FAQs About JLT
Is JLT freehold?
Yes, JLT is a freehold area that offers apartments and penthouses for sale to UAE Nationals, expats and foreign investors.
How many towers are in JLT?
There are 68 towers in JLT as there are still some buildings under construction in JLT. When the project is complete it will be home to a total of 80 buildings. The buildings in Cluster K and Z are mostly in the design phase and have not been completed.
Is Jumeirah Lake Towers a free zone?
The DMCC Free Zone was set up in JLT in 2002 (then known as Jumeirah Lake Towers Free Zone). DMCC Free Zone is a Government of Dubai Authority and is home to 17,000+ companies.
What does DMCC stand for?
DMCC stands for Dubai Multi Commodities Centre.
Location
- The area is about 30 minutes away from Dubai International Airport (DXB)
- Around 5 minutes to Sheikh Zayed Road, but allow a little more time during peak hours.
- It will take about 10 minutes by car to reach the business hub of Dubai Media City and Dubai International Financial Centre (DIFC) is about 20 minutes away.
- If Downtown is your destination, you can be there in 20 minutes, traffic dependent.