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Icon Tower 1, JLTReady

Icon Tower 1, JLT

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HIGHLIGHTS

About Icon Tower 1, JLT

Icon Tower 1 is a residential building in Jumeirah Lake Towers (JLT). Its architectural height is 151 metres and it features 40 floors above ground and 3 floors below ground. There are 400 apartments in Icon Tower 1 and these come in studio, 1-bed and 2-bed configurations. The building’s construction began in 2005 and was completed in 2008 and it is a project of Mazaya Holding Company. It is located within the territory of Cluster M but is also quite close to Cluster L. The tower is situated along First Al Khail Street that connects it with main Sheikh Zayed Road (E11).

Exterior facade of Icon Tower 1
Icon Tower 1 is located in Cluster L of JLT

JLT is a mixed-use community, named after the waterfront promenades that surround the area. The district is popular with pet owners, as there is a dog park within JLT. The area is considered one of the most pedestrian-friendly districts in Dubai. Thus, it can be an ideal place to live for those who don’t own a vehicle or prefer to walk.

IN A NUTSHELL

  • Located in Cluster M, JLT
  • 151 metres high with 43 floors in total
  • A total of 400 apartments including studio, 1 and 2-bed units
  • 4 high-speed elevators
  • Availability of swimming pool, Jacuzzi, sauna and steam rooms
  • Designated children’s play area
  • BBQ cooking station for outdoor parties
  • CCTV monitored premises with security staff on standby
  • Apartments have intercoms
business

BUILDING DETAILS

Facilities in Icon Tower 1

Facility/serviceAvailability
Parking ✔️
Elevators ✔️
Security Services ✔️
Central Air Conditioning ✔️
Maintenance Services ✔️
Event Space
Gym and Fitness Facilities ✔️
Swimming Pool ✔️
Gardens
Children's Play Areas ✔️
Sauna ✔️
Jacuzzi ✔️
Sports Courts
Barbecue Area ✔️
Concierge and Guest Services ✔️
Pet-Friendly ✔️

Icon Tower 1 Floor Plans 

Flats in Icon 1 Tower, JLT are offered in several configurations, the following is an overview of these floor plans.

  • Studio apartments in Icon Tower 1, Dubai consist of 3 different unit types
  • 1-bedroom apartments in Icon Tower 1, Dubai consist of 12 different unit types
  • 2-bedroom apartments in Icon Tower 1, Dubai consist of 13 different unit types

To see how these floor plans are configured, one can view the 2-D and 3-D floor plans for Icon Tower 1, Dubai available on Bayut.

Apartment Types in Icon Tower 1

Unit TypeNumber of BathroomsApartment Size (Square Feet)Details
Unit Type
STUDIO
Number of Bathrooms
1
Apartment Size (Square Feet)
437
Details
Living Room, Kitchen, Bathroom and Balcony
Unit Type
1-BEDROOM
Number of Bathrooms
1 - 2
Apartment Size (Square Feet)
707 - 860
Details
One Bedroom, One to Two Bathrooms, Living Room/Dining Area and Balcony
Unit Type
2-BEDROOM
Number of Bathrooms
2 - 3
Apartment Size (Square Feet)
970 - 1,200
Details
Two Bedrooms with Built-In Wardrobes, Two to Three Bathrooms, Living/Dining Area, Kitchen and Balcony
Studio
1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 5 hours ago

According to Bayut, 2-bedroom flats in Icon Tower 1 enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 3-bedroom flats take up the third position on the list. Studio apartments rank in the fourth position.

Those looking to rent apartments in Icon Tower 1 can expect the following rental trends.

Depending on the individual policies of your realtor, payment will typically be expected in the form of four post-dated cheques. Some realtors will also accept monthly payments in the form of 12 post-dated cheques. Also, interested home-seekers can check out other available JLT apartments for rent and compare them to find the best accommodation to suit them.

Investors looking for a lucrative deal will find plenty of options for buying flats in Icon Tower 1. The following trends can be expected for apartments.

Those looking to invest will need to pay a minimum of 20% as a down payment to purchase flats in Icon Tower 1. For comparison, investors can also look into other JLT apartments for sale.

Rental Yield in Icon Tower 1

Studio
1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 5 hours ago

1-bed apartments offer the highest ROI in Icon Tower 1 of 7.93%. Studio apartments generate about 7.75% return on investment. 2-bedroom flats offer an ROI of about 7.46%.

Service Charges in Icon Tower 1

General FundPrice (AED/Sq. Ft.)
Services 2.43
Maintenance 2.2
Improvement 0.2
Utilities Services 3.25
Management Services 0.78
Insurance 0.25
Master Community 2.42
Shared Services 1.21
Total Price 12.74
Reserved FundPrice (AED/Sq. Ft.)
Reserved Fund 1
Total Price 13.74
AdjustmentsPrice (AED/Sq. Ft.)
Adjustment -0.2
Total -0.2

These figures are based on the services charges for Icon Tower 1* 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 charges are subject to change.

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NEARBY AMENITIES

Transportation near Icon Tower 1

There are several options for public transportation near Icon Tower 1. For those commuting in private vehicles, Icon Tower 1 is just a few metres away from First Al Khail Road. Residents commuting in their own vehicle can link to Sheikh Zayed Road (E11) in a matter of few minutes.

Bus Stations near Icon Tower 1

Within a walking distance of 3 minutes, one will find JLT – The Dome Tower bus stop. Another bus stop nearby is JLT – Dubai Star Tower Bus Stop which is 4 minutes away on foot.

Metro Stations near Icon Tower 1

DAMAC Properties Metro Station and DMCC Metro Station on the Red Line can be reached within 5 minutes by car or tram.

Restaurants near Icon Tower 1

Nearby casual restaurants include:

  • Wendy’s
  • Ying Yang Restaurant
  • Shrimpy Dubai Marina
  • Bait Maryam

At a 10-minute drive, there is Wendy’s, which is a popular American fast-food chain serving burgers made with freshly prepared beef patties, served with a side of fries. For those who prefer Chinese, there is Ying Yang Restaurant which is a 4-minute drive away. For seafood lovers, there is Shrimpy Dubai Marina which serves various types of seafood and fast food items. Bait Maryam is a Lebanese eatery, located just 6 minutes away from this tower. It is one of the best restaurants in JLT.

Fine dining restaurants nearby:

  • Zest
  • Stay by Yannick Alleno
  • Quattro Passi Ristorante

At a distance of 22 minutes in Palm Jumeirah, there is the Zest fine dining restaurant. This restaurant has an international menu along with a full bar. Some menu choices include Middle Eastern, Mediterranean and Asian. Also 22-minutes away, and right next to Zest is Stay by Yannick Alleno. It offers contemporary cuisine with a fine selection of exclusive wines. The restaurant is under the leadership of world-famous chef Yannick Alleno. 13-minutes away, located on the trunk of the Palm Jumeirah, there is Quattro Passi Ristorante, which serves Italian food

Supermarkets near Icon Tower 1

Supermarkets near Icon Tower 1 include:

  • Spinneys JLT Cluster J
  • Carrefour Market JLT Palladium
  • Zoom Supermarket

At a 6-minute drive, there is Spinneys JLT Cluster J. Here one will be able to find both local and imported grocery with a wide selection of bakery items such as sandwiches, hot pockets, pizzas and other freshly prepared meals and snacks. At a 4-minute drive, there is Carrefour Market JLT Palladium. Other supermarkets in the area include Zoom Supermarket at a 5-minute driving distance.

NEARBY BUILDINGS

Similarly equipped residential buildings nearby include:

  • Green Lakes
  • New Dubai Gate
  • Lake Terrace

Those looking for a larger selection of apartments that are similarly equipped can consider looking at flats in Green Lakes, New Dubai Gate and Lake Terrace.

Major Landmarks

Dubai International Stadium

Nearby landmarks include:

  • Address Montgomerie
  • Jebel Ali Racecourse
  • Dubai International Stadium

At a 9-minute distance, there is Address Montgomerie, this is a luxury hotel with a large golf course — considered to be one of the largest golf courses in Dubai. Here, one can enjoy a round of golf with friends or family and it is an ideal place to spend the weekend. At a 14-minute drive, there is Jebel Ali Racecourse, residents can buy tickets here and attend major horse racing events which can be an exciting and thrilling experience. At an 18-minute drive, there is Dubai International Stadium where major sporting events take places such as football, cricket and other major programs.

THINGS TO CONSIDER

Icon Tower 1 is ideally located and offers a wide range of amenities that many will think twice about passing up. However, people who commute often may experience heavy traffic during peak hours.

Are you looking to buy or rent apartments in Icon Tower 1?
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Ratings & Reviews

3.0 out of 5.0
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Based on 2 Reviews
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For Scribb
Few days ago
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1.0info
Not a dog friendly building. A lot of residents would shout at you whenever you go inside the elevator with your dog. ...
Andrey
1 year ago
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4.0
Cockroaches and rude security, still not that bad, but if i knew it from begging i wouldn't choose this building ...
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