Goldcrest Executive, JLT

Goldcrest Executive, JLT

HIGHLIGHTS

About Goldcrest Executive

Jumeirah Lake Towers (JLT) is an emerging free zone development featuring skyscrapers arranged in clusters of three. The community is home to several residential buildings, mixed-use developments and commercial towers. One popular mixed-use tower is Goldcrest Executive in Cluster C. This JLT cluster, in particular, is best known for its wide range of offices and fully furnished apartments. Other two buildings in Cluster C, JLT are Fortune Tower and Palladium Tower.

outside view of goldcrest executive tower in JLT cluster C
Goldcrest Executive is a mixed use development featuring residential and commercial units

Strategically located near commercial hubs including Dubai Internet City (DIC), Dubai Media City (DMC), Knowledge Village and residential areas like The Springs and Dubai Marina, Gold Crest Executive Tower is one of the most sought-after properties in Dubai. It is classified as a mid-end multi-purpose tower. Developed by ETA Star – Giga, the project was launched in 2005 and completed in 2009.

Goldcrest Executive is a mixed-use building with a structural height of 165 metres. It has 40 floors where floors 1 to 20 have offices while floors 21 to 38 consist of furnished studio flats and 1-bedroom apartments.

IN A NUTSHELL

  • Goldcrest Executive is a high-rise in Cluster C, JLT
  • 40-storey mixed-use tower
  • Neighbouring buildings include Fortune Tower and Palladium Tower
  • Located near SZR as well as key commercial and residential districts
  • The building offers a mix of studio flats and 1-bedroom apartments
  • Floor 1 to 20 consist of offices for rent and sale
  • Floor 21 to 38 have residential units
  • Residential apartments are fully furnished and affordable
  • Ideal for professionals and business owners
Goldcrest Executive
Gold Crest Executive Tower JLT

BUILDING DETAILS

Facilities in Goldcrest Executive

Parking

Residents and visitors get separate basement parking in Goldcrest Executive.

Elevators

There are multiple high-speed elevators in Goldcrest Executive. 

Security, Central Air-Conditioning and Maintenance Services 

There is 24-hour security along with uninterrupted CCTV surveillance in the tower. The entire building has electricity backup. Moreover, each apartment has internet access and satellite TV cable. The dedicated staff is responsible to clean the building.

Gym and Fitness Facilities 

There is a health centre including a gym in Goldcrest Executive. Residents can make the most of the modern equipment and the large swimming pool.

Concierge and Guest Services 

Besides the 24-hour front-desk, Gold Crest Executive Tower has concierge services to facilitate guests. 

Goldcrest Executive Floor Plans 

Apartments in the building boast multiple layouts for each bed-type.

  • Studio flats in Goldcrest Executive, JLT consist of two different unit types
  • 1-bed flats in Goldcrest Executive, JLT consist of three different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit and bed type you’re interested in by browsing Goldcrest Executive floor plans.

Apartment Types in Goldcrest Executive

Goldcrest Executive has 325 ready units including offices and residential flats. Residential apartments include studios and 1-bedroom apartments which are all furnished and feature high-quality finishing.

Studio Apartments in Goldcrest Executive

Studio flats in Goldcrest Executive have a minimum covered area of 374 sq. ft., which is quite spacious for a studio unit.  This includes a large hall, an open kitchen and a fitted bathroom. Like other units in the building, studio apartments are also fully furnished.

1-Bedroom Apartments in Goldcrest Executive

Covered areas for 1-bedroom flats in Gold Crest JLT range from 640 sq. ft. from 750 sq. ft. These units do not have a balcony but large floor-to-ceiling windows, and an open-concept kitchen with daily-use appliances. You may also find apartments with two well-fitted bathrooms, one attached to the master bedroom and the other for guests. 1 BHK units offer lake views and partial views of Sheikh Zayed Road. 

Most Popular Apartment Types in Goldcrest Executive

  • Studio
  • 1-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%<

Based on searches conducted by users on Bayut.com over the past 12 months

Studio apartments are more popular of the two bed-types as per Bayut. The tower is quite suitable for working professionals. Since the tower has offices, people who move to Dubai for business will find it convenient.

Commercial Properties in Goldcrest Executive

The first 20 floors of Goldcrest Executive feature shops and offices for rent and sale. The shops usually occupy the lower levels of the building while different types of offices are based on the higher floors. From Floor 21 onwards, one can find residential studios and 1 BHK apartments.

Offices in Goldcrest Executive

The building offers a range of offices with a floor to ceiling height of 2.8 metres. The covered area for these units varies from 800 sq. ft. to 1,500 sq. ft. Here, one can find:

  • Shell and core units
  • Fitted offices
  • Fitted and furnished units
  • Furnished and unfurnished offices

You can choose between base-built or fully fitted offices in Goldcrest Executive depending on the requirements. The building also has fitted, ready to move-in offices for those looking to move in quickly. Those who want more space can go for 1,300 sq. ft. – 1,500 sq. ft. offices offering views of the lake.

Rental Trends in Goldcrest Executive

Apartments for rent in Goldcrest Executive are quite affordable for mid-income earners.

The cost is still affordable compared to other JLT apartments for rent. Moreover, rents are calculated annually and can be paid in multiple cheques. The standard number of cheques required is four, but it may vary depending on your realtor.

If you are looking to get an office for rent in Goldcrest, prepare to fork out AED 50k to AED 60k for an 800 sq. ft. unit. On the higher side, the cost of a 1,500 sq. ft. office is around AED 116k per annum.

Sale Trends in Goldcrest Executive

Those looking to invest in Dubai will find affordable apartments for sale in Goldcrest Executive. To make an informed decision, try comparing them with other JLT apartments for sale.

  •  Studio flats in Goldcrest Executive range from AED 520k to AED 555k.
  • The building offers freehold ownership to expats which is a huge popularity factor.

Investors can spend AED 720k to AED 865k for larger and more spacious, 1-bedroom apartments for sale. The sales price of an office in Goldcrest Executive starts from AED 600k.

Rental Yield in Goldcrest Executive

  • Studio
  • 1-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 12 months

Return on investment (ROI) for apartments in Goldcrest Executive is 7.5%, at the maximum. Studio apartments generate the highest yields while 1-bedroom flats closely follow with an ROI of 7.3%.

Service Charges in Goldcrest Executive

GENERAL FUND
SERVICE CHARGES PER SQ. FT. IN AED
GENERAL FUND
Services
General upkeep of the building
SERVICE CHARGES PER SQ. FT. IN AED
2.66
GENERAL FUND
Maintenance
General repairs and maintenance
SERVICE CHARGES PER SQ. FT. IN AED
3.59
GENERAL FUND
Utilities Services
Charges for using DEWA/district cooling facilities and meters
SERVICE CHARGES PER SQ. FT. IN AED
3.36
GENERAL FUND
Management Services
Owner’s association charges for managing the property
SERVICE CHARGES PER SQ. FT. IN AED
1.01
GENERAL FUND
Insurance
Charge for the insurance of the building
SERVICE CHARGES PER SQ. FT. IN AED
0.42
GENERAL FUND
Master Community
Fees for communal facilities in the neighbourhood
SERVICE CHARGES PER SQ. FT. IN AED
2.70
GENERAL FUND
Reserved Fund
The difference between the estimated amount charged the previous year vs the actual amount spent
SERVICE CHARGES PER SQ. FT. IN AED
0.63
GENERAL FUND
Adjustment
Funds used for major repairs and to help maintain the yearly service charges fees
SERVICE CHARGES PER SQ. FT. IN AED
-0.17
GENERAL FUND
Income
A credit or debit charge
SERVICE CHARGES PER SQ. FT. IN AED
-0.12
GENERAL FUND
Total
SERVICE CHARGES PER SQ. FT. IN AED
14.08

These figures are based on the services charges for Goldcrest Executive* as per the Dubai Land Department. There are many different types of service charges in Dubai. Read up on the service charges guide if you are interested in buying a property in Dubai.

*These service charges are subject to change.

NEARBY AMENITIES

Transportation near Goldcrest Executive

You can reach Cluster C, JLT by bus or metro. There are many bus and metro stations for transportation near Goldcrest Executive Tower.

Bus Stations near Goldcrest Executive

Bus 8 and 84 pass through cluster while the metro line that stops nearby is M1. You can catch a bus from stops near Silver Tower, Business Center and Star Tower.

Metro Stations near Goldcrest Executive

Closest stations include DMCC Metro Station at a short 6-minute walking distance.

Restaurants near Goldcrest Executive

There are many local eateries and restaurants near Goldcrest Executive. Those located at a walking distance include:

  • LaCantina
  • Hanoi Naturally
  • Sumo Sushi and Bento
  • Wolf and Friends Lounge 

Golositalia is an Italian restaurant accessible within two minutes. If you want to check out other exclusive dining options, you have:

  • Wokyo Noodle Bar
  • Mantoushe

Wokyo Noodle Bar, one of the best restaurants in JLT, is in Cluster J and Mantoushe in Cluster E. Moreover, Mythos Kouzina and Grill is in Cluster P. Movenpick, a famous 5-star hotel is only 3 minutes away from Goldcrest Executive.

Some nightlife options near Goldcrest Executive include:

  • McGettigan’s
  • Healey’s Bar and Terrace
  • Urban Bar and Kitchen
  • Couqley French Bistro and Bar

Next to Bonnington, there are Irish pubs – McGettigan’s and Healey’s Bar and Terrace. The latter is loved for its outdoor setting and friendly ambience. Urban Bar and Kitchen and Couqley French Bistro are in Cluster A.

Supermarkets near Goldcrest Executive

There are plenty of supermarkets near Goldcrest Executive such as:

  • Carrefour Hypermarket
  • Spinneys
  • Park and Shop

Famous Carrefour Hypermarket is only two minutes away in Palladium Tower and Spinneys in Cluster J is 5 minutes away. Park and Shop is a convenience store offering grocery and everyday items. It is in Cluster E at a mere 3-minute drive.

Nearby Buildings

Gold Crest Executive Tower is a part of Cluster C, JLT. It’s closest neighbours are Fortune Tower and Palladium Tower. Other nearby buildings include:

  • MBL Residence Apartments
  • IGO 101 Tower

MBL Residence, as the name suggests is an apartment complex IGO 101 is a commercial building.

Major Landmarks

Goldcrest Executive can be spotted at the north-eastern end of Almas West Lake. It is located just off Sheikh Zayed Road which is accessible via Al Sarayat Street within a few minutes. Major landmarks in the vicinity include:

  • Address Montgomerie
  • Dubai Multicommodities Centre
  • The Walk, JBR
  • Dubai Marina Walk by Emaar

DMCC Metro Station and DAMAC Properties Metro Station are roughly a 10-minute drive away from the tower. Movenpick Hotel and Bonnington are 5 minutes away from the building.

The Walk, JBR is a 10-minute drive away from Goldcrest Executive. One can enjoy hanging out at exclusive cafes and restaurants with friends and family.

Murals at JBR Walk
JBR Walk is a bustling waterfront promenade

Dubai Marina Walk by Emaar is roughly a 7 to 8-minute drive away from the mixed-use tower.

Marina Walk fountains
Dubai Marina Walk by Emaar is an upscale lifestyle destination

THINGS TO CONSIDER

Goldcrest Executive is an ideal choice for those looking for units that are fully furnished and ready to move-in.

Are you looking to buy or rent apartments in Goldcrest Executive?

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