Lake Point Tower, JLT

Lake Point Tower, JLT

HIGHLIGHTS

About Lake Point Tower, JLT

Lake Point Tower is a 45-storey residential building in Cluster N, Jumeirah Lake Towers (JLT). Developed by Gulf General Investment Company (GGICO), the high-rise tower stands 184 metres tall. The project was completed in 2009, housing 414 residential units and 5 retail lots.

frontal view of lakepoint tower JLT
Lake Point Tower, JLT offers a total of 414 ready apartments

Offering 1, 2 and 3-bedroom spacious apartments, the residential tower is the epitome of luxurious living. Residents have several facilities within quick reach. The tower caters to several needs of the residents with the inclusion of swimming pools, prayer areas, lobby, retail stores, gymnasium, sauna and efficient security systems. Also, the residents find themselves close to grocery stores, waterfront restaurants and retail shops.

IN A NUTSHELL

  • Located in the renowned Jumeirah Lake Towers
  • 45-storey residential tower
  • Offers 414 spacious apartments in 1, 2 and 3-bedroom configurations
  • Waterfront eateries and cafes are a walking distance away
  • Sheikh Zayed Road is conveniently accessible
  • The top floor is dedicated to communal facilities
  • In Proximity to Dubai Marina and JBR

BUILDING DETAILS

Facilities in Lake Point Tower, JLT

Parking

Residents will find three levels of basement parking in Lake Point Tower. In collaboration with the RTA, JLT has a paid parking system operational for visitors.

Elevators

There are three high-speed elevators in Lake Point Tower. A service elevator is also installed in the residential tower. 

Security, Central Air-Conditioning and Maintenance Services 

The 24-hour security system in the tower guarantees resident safety. CCTV cameras and a security front desk are also established for residents.

Gym and Fitness Facilities 

One can find separate swimming pools for men and women. There are three covered pools beside Jacuzzi, steam and sauna rooms. The gym in Lake Point Tower is fully equipped and includes changing rooms and lockers. It is located on the top floor.

Lifestyle Amenities

There is a play area for kids within the building. Lake Point Tower in Dubai also features a swimming pool solely reserved for children.

Concierge and Guest Services 

Lake Point Tower in Dubai has concierge services. Along with this, the tower also features a large lobby.

Lake Point Tower Floor Plans 

  • 1-bedroom apartments in Lake Point Tower consist of three different unit types
  • 2-bedroom apartments in Lake Point Tower consist of two different unit types
  • 3-bedroom apartments in Lake Point Tower consist of one 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 type and bed type you’re interested in by browsing Lake Point Tower floor plans

Apartment Types in Lake Point Tower, JLT

The apartments in the residential tower have spacious layouts and are embellished with modern fixtures. Apartment types in Lake Point Tower include 1, 2 and 3-bedroom flats.

1-Bedroom Apartments in Lake Point Tower 

With covered areas ranging from 850 sq. ft. to 1,150 sq. ft., 1-bedroom apartments in Lake Point Tower are quite spacious. The apartments are furnished with high-quality fixtures and have a well-equipped kitchen. All apartments have an en-suite bathroom while some units come with two bathrooms and a balcony.

2-Bedroom Apartments in Lake Point Tower 

2-bedroom apartments in Lake Point Tower have covered areas ranging from 1,404 sq. ft. to 1,590 sq. ft. These 2-bed units are more spacious compared to other similar options in the city. The apartments are anchored with a number of amenities including furnished kitchens and bathrooms. Many units boast a maid’s room and spacious balconies as well. 

3-Bedroom Apartments in Lake Point Tower 

3-bedroom apartments in Lake Point Tower have a large living room and bedroom. Covering 1,905 sq. ft. to 2,000 sq. ft., the apartments are spacious. The units feature sizeable balconies for beautiful views of the community. The apartments also include maid’s room and 3 to 5 bathrooms. Most apartments get 2 parking spaces.

Most Popular Apartment Types in Lake Point Tower

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

Most popular apartment types in Lake Point Tower are 1-bedroom apartments. On the second spot are 3-bedroom apartments followed by 2-bedroom apartments. 2-bed units are the least popular apartment types in the building.

Rental Trends in Lake Point Tower, JLT

Those looking for a neighbourhood with excellent amenities can settle for JLT apartments for rent. If you want to enjoy the perks of living in JLT, check out apartments for rent in Lake Point Tower:

Generally, tenants can pay the annual rent through 4 or 6 cheques. However, check with your landlord as this may differ with each apartment. 

Sale Trends in Lake Point Tower, JLT

One can find a variety of JLT apartments for sale. Those searching for 1 to 3-bed units can check out apartments for sale in Lake Point Tower.

  • Those looking to purchase 1-bedroom apartments in Lake Point Tower can expect to shell out AED 650k to AED 835k.
  •  As for 2-bedroom apartments, the sales prices vary from AED 950k to AED 1.3M. 
  • 3-bedroom apartments for sale are priced starting from AED 1.3M.

Rental Yield in Lake Point Tower, JLT

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

Based on searches conducted by users on Bayut.com over the past 6 months

Those planning to invest in Lake Point Tower, Dubai can expect high returns. The return on investment (ROI) for the 3-bedroom apartment is an impressive 10.2%. As for 2-bedroom apartments, the ROI stands at 8%, while for 1-bedroom apartments the expected ROI is 7.4%.

Service Charges in Lake Point Tower, JLT

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
SERVICES
PRICE PER SQ. FT. IN AED
1.68
GENERAL FUND
MAINTENANCE
PRICE PER SQ. FT. IN AED
1.54
GENERAL FUND
UTILITIES SERVICES
PRICE PER SQ. FT. IN AED
4.63
GENERAL FUND
MANAGEMENT SERVICES
PRICE PER SQ. FT. IN AED
0.55
GENERAL FUND
INSURANCE
PRICE PER SQ. FT. IN AED
0.53
GENERAL FUND
MASTER COMMUNITY
PRICE PER SQ. FT. IN AED
2.21
GENERAL FUND
ADJUSTMENT
PRICE PER SQ. FT. IN AED
1.19
GENERAL FUND
TOTAL
PRICE PER SQ. FT. IN AED
12.32

These figures are based on the service charges for Lake Point Tower in Dubai* as per the Dubai Land Department. There are many different types of Dubai property maintenance charges, 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 Point Tower, JLT

Residents can easily find public transportation near Lake Point Tower, Dubai.

Metro Stations near Lake Point Tower

Both DMCC Metro Station and DAMAC Properties Metro Station are a 20-minute walk from Lake Point Tower in Dubai.

Bus Stations near Lake Point Tower

In addition to this, there are several bus stops within walking distance including The Dome Tower which can be reached in less than 2 minutes on foot. The bus stops at the Dubai Star Tower and Business Centre are 6 and 8 minutes away, respectively.

Restaurants near Lake Point Tower, JLT 

Some of the best restaurants in JLT are located just a few minutes away from Lake Point Tower, JLT. Residents of Lake Point Tower in Dubai can enjoy waterfront dining at

  • Ayubowan
  • Chin Chin
  • Sichuan Restaurant

Serving authentic Sri Lankan cuisine in a lovely outdoor setting, Ayubowan is located within the building. In addition to this, there are multiple eateries just minutes away from the residential tower. Chinese eatery Chin Chin is a 1-minute walk away in Jumeirah Business Center 4. Skazka Al Shah and Sichuan Restaurant are also a 5-minute walk away. 

Supermarkets near Lake Point Tower, JLT

There is a supermarket on the ground floor of the Lake Point Tower, JLT solely for the residents. 

  • Aura Fresh 
  • In N Out Supermarket
  • Spinneys

Moreover, the closest convenience store is Aura Fresh which can be accessed in a minute on foot. At a 4-minute walking distance, one can find In N Out Supermarket in Icon Tower 1.

Supermarket near Lake Point Tower
Spinneys is one of the popular supermarkets in the vicinity

Apart from these, Cluster J, JLT is home to Spinneys supermarket, which can be reached in 11 minutes. For healthcare needs, Life Pharmacy in Cluster A is a 10-minute walk away. 

NEARBY BUILDINGS

  • The Dome Tower – Commercial building
  • Reef Tower – Commercial building
  • Icon Tower 1 – Residential building

Lake Point Tower is close to The Dome Tower, a high-rise commercial building in Cluster N, JLT. Reef Tower in Cluster O, JLT is a 10-minute drive away. Icon Tower 1 is a high rise residential building in Jumeirah Lake Towers, Cluster M. It is a 7-minute drive away from Lake Point Tower.

Major Landmarks

Major landmarks in the area are:

  • The Dubai Marina Walk by Emaar
  • Movenpick Hotel 
  • The Walk
Jumeirah Walk near Lake Point Towers
One can take a stroll down JBR Walk to enjoy various cuisines

Located on the east of Sheikh Zayed Road, Lake Point Tower is positioned close to Movenpick Hotel, Jumeirah Lake Towers. Other nearby landmarks include The Walk, JBR and The Dubai Marina Walk by Emaar.  The latter is a 7-minute drive away from the building.

THINGS TO CONSIDER

Lake Point Tower, JLT offers spacious living in the serene community of Jumeirah Lake Towers. The apartments in the tower boast large spaces, however, they are only available as 1, 2 and 3-bedroom flats. Those looking for studio apartments can consider nearby towers. 

Are you looking to buy or rent apartments in Lake Point Tower?

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