Lake Apartments A, Green Community

Lake Apartments A, Green Community

HIGHLIGHTS

About Lake Apartments A

Lake Apartments A is a low-rise residential building and is a part of the Lake Apartments complex. The building faces the beautiful lake of the community and features studios, 1 and 2-bedroom apartments. 

The master project – Lake Apartments is home to townhouses, villas and apartments. It is part of the Green community, a self-sustainable, eco-friendly area, situated in Dubai Investment Park (DIP).

Keeping up with the theme, the roads in the community are named after flowers. Residents of Green Community can directly access Magnolia Lane, Cherrywood Road and Tulip way that give access to the main Sheikh Mohammed Bin Zayed Road.

IN A NUTSHELL

  • Part of the Green Community
  • Faces the community lake
  • Is a low-rise residential building
  • Features studios, 1 and 2-bed apartments
  • Boasts a swimming pool and a gymnasium
  • Surrounded by lush green landscapes
  • In close proximity to Sheikh Mohammed Bin Zayed Road

BUILDING DETAILS

Facilities in Lake Apartments A

Parking

parking space outside Lake Apartments
Parking space outside Lake Apartments

For residents, there is a basement area for parking in Lake Apartments A. Visitors can easily avail parking space outside the complex as there are plenty of spots available on the street.

Elevators

There are high-speed elevators in Lake Apartments A.

Security, Central Air-Conditioning and Maintenance Services 

This is a gated residential area that offers the utmost security. Maintenance-related issues are covered by the onsite maintenance team. The district cooling supplier for this building is Emicool. Charges of district cooling are paid at the end of each year with the rest of the service charges.

Event Space

The centre courtyard has a chic pool space and multi-purpose decks where residents can arrange parties and events.

Gym and Fitness Facilities 

Fitness facilities include a fully equipped gymnasium in the complex, which is a walking distance from Lake Apartments A.

Lifestyle Amenities

Swimming pool view in Lake Apartments
A view of the swimming pool inside the complex

The courtyard outside the building is surrounded by green spaces and walking pathways where residents can engage in healthy activities like jogging or walking. Moreover, there are safe play areas for kids and a large swimming pool surrounded by pool loungers.

Concierge and Guest Services 

A front-desk at the entrance provides caters to all the queries, along with providing reception services.

Pet-friendly

The Green Community allows residents to keep pets . However, tenants should check with their landlords to make sure they can keep a pet.

Safety Features

There is an intercom system available in each unit that serves as a safety tool against any misfortunate events.

Lake Apartments A Floor Plans 

The apartments in the building come in different configurations

  • Studio in Lake Apartments A comes in three different unit types
  • 1-bedroom in Lake Apartments A comes in three different unit types
  • 2-bedroom in Lake Apartments A comes in three different unit types

Bayut has devised 2D and 3D floorplans for the convenience of its users. You can check out the floor plans for Lake Apartments A by visiting our property portal.

Apartment Types in Lake Apartments A

Lake Apartments A features studios, 1-bedroom and 2-bedroom residential units.

Studios in Lake apartments A

Studio apartments in Lake Apartments A come in three different configurations with an approximate built-up area of 554 sq. ft. Each unit welcomes into a lobby that leads to a large hallway divided into living space, dining area and sleeping area. Moreover, there is a semi-open kitchen, a closet space and a bathroom in these studios as well. One special feature of these units is the full-length windows that allow plenty of natural light in and provide landscape views.

1-Bedroom Apartments in Lake Apartments A

The 1-bedroom apartments in Lake Apartments A come in three different configurations. These are built on an approximate surface area of 936 sq. ft. These units are similar to studios but come with an added feature of a balcony and an ensuite bedroom with closet space. Moreover, there is a powder room, a living room and a semi-open kitchen.

2-Bedroom Apartments in Lake Apartments A

The 2-bed units come in three different configurations, covering the approximate surface area of 1,679 sq. ft. These units feature ensuite bedrooms with built-in closets. There is a storage area, a powder room, a large hallway and a fully fitted kitchen. Residents can also enjoy amazing views from the balcony

Most Popular Apartment Types in Lake Apartments A

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

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

Based on the searches on Bayut, the most popular apartment type in the Lake Apartments A is 1-bedroom apartments. Following these are the 2-bed units. Coming third on the list are studios apartments.

Rental Trends in Lake Apartments A

  • Average rents of studio apartments in Lake Apartments A are AED 32k

Apartments for rent in Lake Apartments A comes with a flexible payment plan. Residents can pay the rent on a quarterly basis in four cheques. These are also quite cheap compared to other apartments for rent in the Green Community.

Sale Trends in Lake Apartments A

  • The average cost of buying a studio in Lake Apartments A is AED 400k
  • 1-bedroom apartments have an average price of AED 700k 

Allowing freehold ownership to foreigners, apartments for sale in Lake Apartments A offers several amenities where residents can experience a high-end luxurious lifestyle. Residents can also choose from other apartments for sale in Green Community, just by browsing this link.

Rental Yield in Lake Apartments A

  • 1-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

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

In terms of Return on Investment (ROI), 1-bed units offer the highest ROI of 9.6%.

Service Charges in Lake Apartments A

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
Price Per Sq. Ft. In AED
3.32
General Fund
Maintenance
Price Per Sq. Ft. In AED
3.15
General Fund
Utilities Services
Price Per Sq. Ft. In AED
11.80
General Fund
Management Services
Price Per Sq. Ft. In AED
0.88
General Fund
Insurance
Price Per Sq. Ft. In AED
0.10
General Fund
Master Community
Price Per Sq. Ft. In AED
0.52
General Fund
Adjustment
Price Per Sq. Ft. In AED
1.76
General Fund
Reserved Fund
Price Per Sq. Ft. In AED
0.50
General Fund
Income
Price Per Sq. Ft. In AED
-0.16
General Fund
Total
Price Per Sq. Ft. In AED
21.87

These figures are based on the services charges for Lake Apartment* 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.

NEARBY AMENITIES

Transportation near Lake Apartments A

Those who prefer travelling on their personal vehicles enjoy convenient access to Sheikh Mohammed Bin Zayed Road. Residents can also find plenty of travel options nearby. Public transportation near Lake Apartment A include buses, metro and trams.

Bus Stations near Lake Apartments A

The nearest bus stop requires 8 minutes’ walk down to Magnolia Lane. It is the Dubai Investment Park Offices bus stop. Residents can catch bus F46 from here that travel all the way up to the main road.

Metro Stations near Lake Apartments A

The metro stations are located at a 10 to 15-minute drive. The nearest one is Energy metro station, 10 minutes away.

Tram Station near Lake Apartments A

Jumeirah Beach Residence tram station is the closest, 17 minutes of drive away. 

Restaurants near Lake Apartments A

A popular list of restaurants near Lake Apartments A include:

  • Oregano
  • Cucina
  • SOBO
  • Little Bangkok

The nearby options include Oregano, Cucina, SOBO and Little Bangkok. Those who fancy Italian can visit Cucina and Oregano, located at a short drive of 6 and 8 minutes, respectively. Little Bangkok is a cosy little dining place that serves Asian themed cuisines. It is one of the top Thai restaurants in Dubai, located at a short drive of 7 minutes from the building. SOBO is a popular casual dining place, that offers Arabian, Lebanese and Middle Eastern dishes. Visitors can enjoy shisha here in a water-facing outdoor area.

Supermarkets near Lake Apartments A

Supermarkets in Tuscan Residence complex include:

  • Choithrams
  • Spinneys
  • Carrefour
  • Al Maya Supermarket

The availability of supermarkets and mini-marts close to Lake Apartments A comes as a huge benefit for residents. There are two branches of Carrefour located at a distance of 8 to 10 minutes. Spinneys in the Green Community is only 6 minutes away, while Choithrams is at a distance of 8 minutes drive. Al Maya Supermarket is a 12-minute drive. 

NEARBY BUILDINGS

  • Lake Apartments E
  • Lake View Apartments
  • Terrace Apartments
  • Marriott Executive Apartment Dubai

One residential building right next to Lake Apartments A is Lake Apartments E. The building also shares the neighbourhood with these Lake View Apartments, Terrace apartments and a 4-star hotel, Marriott Executive Apartments, Dubai. 

Major Landmarks

Nearby landmarks include: 

  • Al Wasl Plaza
  • Jumeirah Golf Estate
The Earth course, Jumeirah golf estate
The beautiful Earth Course in Jumeirah Gold Estate

A treat for sport-lovers, Jumeirah Golf Estate is a golf community that features two courses called Fire and Earth. Each of these themes comes with an 18-hole golf course. Moreover, there is a clubhouse that boasts chic cafes. It is directly accessible from the Emirates Road, located at a distance of 23 minutes. 

Al Wasl Plaza is a beautifully architectured 360-degree dome that serves as the main stage for many performances, events and concerts. It is located alongside themed pavilions in Expo 2020, at a distance of 22 minutes’ drive.

THINGS TO CONSIDER

Lake Apartments A is a part of the Green Community in Dubai Investment Park. This community offers a peaceful, family-friendly environment that is preferred by those who love peace and tranquillity. However, there are a limited number of options for nightlife in the area, which may be challenging for party-lovers.

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