Green Lakes 1, JLT
HIGHLIGHTS
About Green Lakes 1
Green Lakes 1 is a residential tower in Cluster S of the Jumeirah Lake Towers (JLT) community. It is one of the three buildings collectively known as Green Lakes Towers. Standing tall at 131 meters, the 34-storey tower is developed by ASAM Investments and consists of 1, 2 and 3-bedroom luxury apartments. It also offers world-class amenities, such as swimming pools and a gym.
Jumeirah Lake Towers (JLT) is one of the upscale developments in Dubai, centred around three beautiful lakes, as well as various landscaped parks and excellent dining and retail outlets. Apartments for rent in JLT are considered to be fairly affordable as compared to the neighbouring communities. It is located along Sheikh Zayed Road (E11) and is close to popular areas, such as Dubai Marina, Jumeirah Beach Residence, Dubai Media City and Emirates Hills.
IN A NUTSHELL
- Located in Cluster S of JLT
- Part of Green Lakes Towers project
- 131 meters tall, with 1, 2 and 3-bedroom apartments
- Features a swimming pool and gym
- Located close to Sheikh Zayed Road (E11)
- Dubai Marina, JBR and Media City are nearby
BUILDING DETAILS
Facilities in Green Lakes 1
Parking
Parking in Green Lakes 1, JLT is made easy by the underground parking area in the building. 1 and 2-bedroom apartments come with one parking space, whereas the 3-bedroom units have two parking spaces.
Elevators
There are multiple high-speed elevators in Green Lakes 1, JLT.
Security, Central Air-Conditioning and Maintenance Services
There are 24-hour security services and CCTV monitoring inside the tower. Residents have key card access to their apartments and the parking area. The cooling services are supplied by Empower and DEWA provides water and power to the building. There are excellent onsite maintenance services, which are available upon demand.
Event Space
There is a spacious BBQ area in the tower, where residents can gather with family and friends for small events and gatherings.
Gym and Fitness Facilities
There is a state-of-the-art gymnasium in Green Lakes 1, JLT, as well as a steam room, sauna, spa and Jacuzzi. Residents get the best fitness facilities possible.
Lifestyle Amenities
In terms of lifestyle amenities, residents have access to separate swimming pools for adults and children. There is also a spacious play area where children can play and have fun together.
Concierge and Guest Services
The Green Lakes buildings provide helpful concierge and guest services.
Green Lakes 1 Floor Plans
The various residential units and apartments can be viewed without visiting the building, through the following floor plans:
- 1-bedroom apartments have two different floor plans.
- 2-bedroom apartments have three different floor plans.
- 3-bedroom apartments have two different floor plans.
The various floor plans of Green Lakes 1 can be viewed in 2D and 3D formats on Bayut, helping people decide which type of apartment is right for them.
Apartment Types in Green Lakes 1
There are 352 residential units in the residence, ranging from 1-bedroom to 3-bedroom apartments. They are decked with modern decor and fittings and provide a comfortable and luxury lifestyle.
1-Bedroom Apartments in Green Lakes 1
1-bedroom apartments in Green Lakes 1, Dubai span over an area of 979 sq. ft. to 1,085 sq. ft. Upon entering the apartment, there is a powder room and laundry room on one side, whereas an open kitchen can be found on the other. The path leads on to a spacious living and dining room, which also has a balcony attached to it. On one side, there is a bedroom with an ensuite bathroom and built-in wardrobe. The size of the balcony varies from unit to unit.
2-Bedroom Apartments in Green Lakes 1
2-bedroom apartments in Green Lakes 1, Dubai cover an area ranging from 1,599 sq. ft. to 1,680 sq. ft. Like 1-bedroom apartments, they also have an open kitchen, powder room and laundry room near the entrance. There is the addition of a second bedroom, which also has an attached bathroom and built-in wardrobe. A second balcony is attached to the master bedroom. There is also a maid’s room with its own bathroom.
3-Bedroom Apartments in Green Lakes 1
3-bedroom apartments in Green Lakes 1, Dubai are available from 2,238 sq. ft. to 2,838 sq. ft. They feature a semi-open kitchen. There are three bedrooms and five bathrooms in the flats, as well as a maid’s room. The two smaller bedrooms share a terrace.
Most Popular Apartment Types in Green Lakes 1
According to the popularity data on Bayut, 1-bedroom apartments are the most popular apartment types in Green Lakes 1, JLT. On second position are 2-bedroom flats, whereas 3-bed units come last.
Rental Trends in Green Lakes 1
Apartments for rent in Green Lakes 1 are as follows:
- 1-bedroom apartments in Green Lakes 1 range from AED 74k to AED 80k annually.
- 2-bedroom rental apartments in Green Lakes 1 are priced from AED 100k to AED 115k per year.
- 3-bedroom rental apartments cost around AED 100k to AED 115k yearly.
Realtors require four to six post-dated cheques when paying the rent of apartments in the project.
Sale Trends in Green Lakes 1
Apartments for sale in Green Lakes 1 offer an affordable yet luxury lifestyle, similar to other apartments for sale in JLT.
- 1-bedroom apartments in Green Lakes 1 are sold for AED 900k to AED 1M.
- 2-bedroom apartments in Green Lakes 1 are can be bought from AED 1.3M to AED 1.6M.
Rental Yield in Green Lakes 1
People who buy apartments in Green Lakes are treated to excellent returns on investment (ROI). Owners of 1-bedroom apartments can expect a return of up to 7.5%, whereas 2-bedroom apartments and 3-bed flats receive an ROI of 7.3% and 7% respectively.
Service Charges in Green Lakes 1
General Fund | Prices Per Sq. Ft. In AED |
|---|---|
General Fund Services  General upkeep of the buildingRead more | Prices Per Sq. Ft. In AED 2.04 |
General Fund Maintenance General repairs and replacements | Prices Per Sq. Ft. In AED 1.93 |
General Fund Utilities Services Charges for using DEWA/district cooling facilities and meters | Prices Per Sq. Ft. In AED 5.71 |
General Fund Management Services Owner’s association charges for managing the property | Prices Per Sq. Ft. In AED 0.74 |
General Fund Insurance Charge for the insurance of the building | Prices Per Sq. Ft. In AED 0.49 |
General Fund Master Community Fees for communal facilities in the neighbourhood | Prices Per Sq. Ft. In AED 2.31 |
General Fund Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent | Prices Per Sq. Ft. In AED -0.62 |
General Fund Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees | Prices Per Sq. Ft. In AED 0.90 |
General Fund Total | Prices Per Sq. Ft. In AED 13.50 |
Additional Charges | Prices Per Sq. Ft. In AED |
|---|---|
Additional Charges Additional Services | Prices Per Sq. Ft. In AED 5.69 |
These figures are based on the services charges for Green Lakes 1* as per the Dubai Land Department.
There are many different types of Dubai service charges index, read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
NEARBY AMENITIES
Transportation near Green Lakes 1
The building is located close to Sheikh Zayed Road (E11), thus allowing residents to travel to other communities conveniently. People who do not own a car can utilize the various options for transportation near Green Lakes 1.
Bus Stations near Green Lakes 1
There are various bus stops near the tower, the nearest being DAMAC Metro Station Landside Bus Stop, which is at a walking distance. Also nearby is Damas Bus Stop, at a drive of 4 minutes, while Saba 1 Tower Bus Stop can be reached in 7 minutes.
Tram Stations near Green Lakes 1
Nearby Tram Stations include Jumeirah Lake Towers Tram Station, 10 minutes away and Dubai Marina Mall Tram Station, which is at a drive of 11 minutes.
Metro Stations near Green Lakes 1
Most people opt to take the metro to travel to work and other places. Damac Properties Metro Station is located 7 minutes away from the building, whereas DMCC Metro Station and Nakheel Metro Station are 11 minutes away.
Restaurants near Green Lakes 1
There is a range of wonderful restaurants near Green Lakes 1, which offer the world’s best cuisines to customers. Some of the nearby restaurants include:
- Gazebo
- Little Lahore
- Kteer Tayyeb
- Super Bowl
People who love to eat Pakistani and Indian food can find many restaurants nearby. Gazebo is an Indian restaurant, located at JLT Park in Cluster P, 4 minutes away from the building. Little Lahore in Cluster J takes 10 minutes to reach by car. It is one of the best restaurants in JLT. For a taste of Lebanese and Arabian dishes, the 9-minute drive to Kteer Tayyeb at Cluster C is totally worth it. Another popular restaurant is Super Bowl, which serves, Thai, Japanese and Chinese dishes. It is only 3 minutes away.
People who love fast food can eat out at the following joints:
- Hardee’s
- Subway
- KFC
- McDonald’s
These international fast food restaurants are within a 10-minute drive and are some of the favourite restaurants all over Dubai.
Fine dining options near the tower are:
- The Cavendish Restaurant – Bonnington Jumeirah Lake Towers
- Phoenicia – JA Oasis Beach Tower
- Maya Mexican Kitchen + Bar – Le Royal Meridien Beach Resort and Spa
- Observatory Bar & Grill – Dubai Marriott Harbour Hotel & Suites
The Cavendish Restaurant is 8 minutes away from the tower. It features a variety of British and Irish dishes, as well as the Mediterranean cuisine. Phoenicia is another fantastic restaurant that is 16 minutes away. It features a mix of Arabian and Middle Eastern cuisines. For Mexican food, residents can head over to Maya Mexican Kitchen + Bar, which is 13 minutes away. Lovers of steaks and burgers can dine out at Observatory Bar & Grill, which is also a 13-minute drive away.
Drinks can be enjoyed at the following lounges nearby:
- Healey’s Bar and Terrace
- The Leisure Deck
- Authors’ Lounge
These nightlife destinations are located at Bonnington Jumeirah Lake Towers, which is only 8 minutes away from the building.
Supermarkets near Green Lakes 1
Supermarkets near Green Lakes 1 are:
- ZOOM
- Carrefour Market
- West Zone Fresh Supermarket
- KP Mart Supermarket
These supermarkets are located within a 3 to 6-minute drive away and residents get all their groceries, daily items, perishables and electronic goods from them.
NEARBY BUILDINGS
- Al Waleed Palace – residential building
- Saba Tower 2 – residential building
- Armada Tower – residential building
- Pullman Dubai
Residential buildings near the tower include Al Waleed Palace, Saba Tower 2 and Armada Tower, whereas Pullman Dubai is one of the many world-class hotels nearby.
Major Landmarks
Landmarks near Green Lakes 1 are:
- Emirates Golf Club
- BOUNCE
- Mall of the Emirates
The Emirates Golf Club, located 13 minutes away, is a popular golf club. It is credited for being the first grass golf course in the Middle East. It was established in 1988 and features a 36-hole golf course, as well as a training academy and clubhouse.
14 minutes away is BOUNCE, the largest trampoline park in all of the UAE. It is more of a ‘freestyle playground’ with trampolines, airbags and various adventurous activities. It also includes BOUNCE-X, the world’s first freestyle terrain park.
A landmark which needs no introduction is the Mall of the Emirates. 15 minutes away, it is one of the most popular malls in the world. It has more than 1,000 retail outlets and flagship stores, as well as more than 100 restaurants and cafes. There are various entertainment and leisure destinations in the mall, such as Ski Dubai, Dubai Community Theatre and Arts Centre, KidZania and Magic Planet.
THINGS TO CONSIDER
While living in Green Lakes is a wise and sensible option, residents must be careful while driving around town, as the community is “one-way only”. That means if one is not careful, they can miss their turn and will have to drive all the way around to come back.