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 to JLT, is a sought-after vertical neighbourhood. The high-rise community of JLT is well-known for its amenities such as the many restaurants, shops and cafes in the clusters. It is also known for its affordability with rents consistently lower than neighbouring districts. JLT is known to be one of the top areas in Dubai to rent and buy apartments, as seen in Bayut’s Market Report for 2019. This area guide delves into the perks of living in JLT and things to consider before moving to the area.
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018 | STUDIO | 1-BED APT | 2-BED APT |
|---|---|---|---|---|---|
| Dubai Marina | ROI 6.5% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Downtown Dubai | ROI 5.4% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Jumeirah Village Circle (JVC) | ROI 6.9% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Palm Jumeirah | ROI 5.9% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| International City | ROI 9.4% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Jumeirah Lake Towers (JLT) | ROI 7.9% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Dubai Sports City | ROI 8.0% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Dubai Silicon Oasis | ROI 7.6% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Business Bay | ROI 5.9% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
| Jumeirah Beach Residence (JBR) | ROI 6.3% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2018
| STUDIO
| 1-BED APT
| 2-BED APT
|
IN A NUTSHELL
- Consists of high rise skyscrapers in 26 clusters of three buildings in each
- Freehold properties
- The district is named after the lakes that provide the pleasant waterfront promenades
- A vibrant mix of offices, residences, retail, food and beverage outlets and hospitality venues
- Has its own pet-friendly park called JLT Park
- One of the most pedestrian-friendly skyscraper communities in Dubai
NEIGHBOURHOOD
COMMUNITY OVERVIEW
JLT was designed to be an independent community and consists of 26 clusters, each named after a letter from the English alphabet – A to Z. As per the JLT map it is easy to navigate, for example, if you are in Cluster C, keep driving clockwise and you will eventually reach Z, if you miss the turn, you can always go around again. Each cluster has three buildings, and they are comprised of apartments, offices, shops and hotels.
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.
The area of a studio unit starts from 370 sq. ft. going up to 550 sq.ft. while a spacious 1-bedroom unit goes up to 900 sq.ft. The 2 and 3-bedroom apartments living areas go up to 1,200 sq. ft. and 2,500 sq. ft., respectively.
The actual clusters in JLT are split roughly in half by a road that connects Sheikh Zayed Road (E11) with First Al Khail Street, with Cluster A through N located closer to Abu Dhabi and Cluster O through Z on the side closer to Dubai. 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
43,000 |
|
Apartment Type
1-Bed |
Average Rental Price
63,000 |
|
Apartment Type
2-Bed |
Average Rental Price
89,000 |
|
Apartment Type
3-Bed |
Average Rental Price
121,000 |
|
Apartment Type
4-Bed |
Average Rental Price
163,000 |
|
Apartment Type
5-Bed |
Average Rental Price
241,000 |
- 2 BEDS
- |
- 4 BATHS
- |
- 1679 SQFT
- STUDIO
- |
- 1 BATH
- |
- 419 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 1084 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1688 SQFT
Rental price for a studio in Jumeirah Lake Towers starts from AED 30k, whereas 1-bedroom apartments start from AED 37k. 2-bedroom flats can be rented for AED 89k, on average. The average rent for a 3-bedroom flat is AED 121k, most of these units come with a full view of the lake and a maid’s room.
The average rent for a 4-bedroom apartment is AED 163k and the average price goes up to AED 241k for a 5-bedroom unit. Newer apartments for rent in JLT are at a higher rate than the prices mentioned here, this is due to the size and quality of the properties.
SALE TRENDS IN JUMEIRAH LAKE TOWERS (JLT)
|
Apartment Type |
Average Sales Price in AED |
|---|---|
|
Apartment Type
Studio |
Average Sales Price
435,000 |
|
Apartment Type
1-Bed |
Average Sales Price
847,000 |
|
Apartment Type
2-Bed |
Average Sales Price
1,224,000 |
|
Apartment Type
3-Bed |
Average Sales Price
1,591,000 |
|
Apartment Type
4-Bed |
Average Sales Price
2,807,000 |
|
Apartment Type
5-Bed |
Average Sales Price
5,197,000 |
- 3 BEDS
- |
- 5 BATHS
- |
- 2425 SQFT
- 3 BEDS
- |
- 2 BATHS
- |
- 1314 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 435k, the average price for 1-bedroom flats is AED 847k and buyers can expect 2-bedroom apartments to range from AED 540k to AED 1.2M. 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 1.59M. One can buy a 4-bedroom apartment in JLT for AED 2.8M. The larger apartments with 5-bedrooms can be bought for AED 5.1M.
ROI IN JLT
|
Apartment Type |
ROI |
|---|---|
|
Apartment Type
Studio |
ROI
8.8% |
|
Apartment Type
1-Bed |
ROI
7.6% |
|
Apartment Type
2-Bed |
ROI
7.4% |
|
Apartment Type
3-Bed |
ROI
7% |
|
Apartment Type
4-Bed |
ROI
6.4% |
|
Apartment Type
5-Bed |
ROI
4.8% |
The studio units offer the highest ROI of 8.8%. The 1-bed units follow with an ROI of 7.4%. The 2 and 3-bedroom flats have an ROI of 7.4% and 7%, respectively. The rental yield for a 4-bedroom unit is 6.4%. The average ROI of a 5-bedroom unit of 4.8%.
MOST POPULAR BUILDINGS IN JUMEIRAH LAKE TOWERS (JLT)
Placing first in line amongst the top 5 buildings to rent in JLT is New Dubai Gate, it is a complex of two high-rise residential buildings. New Dubai Gate 1 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 44k. 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 50k, annually. A 2-bed flat for sale is priced between AED 650k to AED 920k.
Based on searches on Bayut, Icon Tower was the second most popular building in the area. Rents for a 1-bedroom apartment in Icon Tower range from AED 40k to AED 65k. If you would like to purchase a 1-bedroom flat, that would set you back on average by AED 762k. Lake Point Tower follows closely and takes the third place with Lake City Tower being the next most searched for building, while Goldcrest Views rounds off the list. These buildings are also popular for buying apartments in JLT.
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
As per the JLT map there are a total of five 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 located in Cluster J, it offers a range of fitness amenities and even has a salon located within the hotel. Movenpick Hotel is the most well-known hotel in JLT. It is located in Cluster A and is within walking distance from DMCC Metro Station.
Pullman Hotel in Cluster T of JLT offers an outdoor pool and gym to all its guests. The Manzoni Bistro and Bar is a popular Italian restaurant in the hotel. The Armada BlueBay Hotel is part of Cluster P as Armada Tower 2. It also features a few fitness and dining amenities. Oaks Liwa Heights is a budget hotel in JLT but it still offers many amenities for its visitors. It is located in Cluster W of the neighbourhood.
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.
The community offers direct access to Sheikh Zayed Road that makes the rest of Dubai more reachable. Being close to residential hubs like Dubai Marina and Jumeirah Beach Residence, people can use many modes of transportation such as metro, bus and taxis.
PUBLIC TRANSPORTATION IN JLT
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
There are currently two mosques in JLT, one known as Tiffany Mosque in Tiffany Tower (in Cluster W) and another in Cluster A near Movenpick Hotel.
Those wishing to attend church can take the short drive to the Al Muntazah Complex next to Jebel Ali, where there are churches of several denominations. The Sikh Gurunanak Darbar Temple is located in the same area.
SCHOOLS IN JLT
Parents who are moving to JLT with children of nursery age, have plenty of choices. 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.