Lakeside Residence, JLT

Lakeside Residence, JLT

HIGHLIGHTS

About Lakeside Residence, JLT

Jumeirah Lake Towers (JLT) is a mixed-use district, loved for its lush green surroundings. Inspired by archipelagos and desert oasis in the emirate, this area has three artificial lakes and landscaped gardens. Today,Jumeirah Lake Towers is Dubai’s most sought-after destination for work, life and business. Connected to major commercial hubs and housing a number of commercial buildings, it makes for an ideal setting for professionals. Moreover, there are numerous retail stores, restaurants, cafes, and other lifestyle amenities, including running tracks and family parks. Cluster A in JLT consists of Laguna Tower, Dubai Gate 2 and Lakeside Residence.

As the name implies, Lakeside Residence lies next to Almas Lake West and is the central point of the cluster. It is close to Sheikh Zayed Road thus,Dubai Internet City,Dubai Marina, andDubai Media City are all in proximity.

The residential project by Al Manal Development offers a wide range of freehold properties. It was completed in 2012 with 358 ready apartments. The 36-storey skyscraper stands 129 metres above the ground. You can find 1 and 2-bed apartment types in Lakeside Residence.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Cluster A, Jumeirah Lake Towers (JLT)
  • Developer: Al Manal Development
  • Date of completion: 2012
  • Number of floors: 36
  • Number of units:  358
  • Unit type: 1 and 2-bedroom apartments 
  • Amenities: Gym, infinity pool, prayer hall, event space, four basement parking levels, 24-hour security
views from lakeside residence
Enjoy JLT Lake views from the building's balconies

BUILDING DETAILS

Facilities in Lakeside Residence, JLT

parking spaces in lakeside residence
Dedicated parking area

Parking

There are four levels of basement parking in Lakeside Residence. Each flat gets a dedicated spot. However, guest parking spaces might not be managed on weekends.

Elevators

Multiple high-speed elevators provide access to all floors. 

Security, Central Air-Conditioning and Maintenance Services 

Apartments in Lakeside Residence have electricity backup. 24-hour security is provided by an electronic monitoring system and licensed security guards. Moreover, each apartment gets uninterrupted internet access and satellite TV cable.

Event Space

A dedicated hall is available for social gatherings.

Gym and Fitness Facilities 

There is a recreation centre, including a gym in Lakeside Residence. 

Lifestyle Amenities

A daycare centre with a play area is available in the high-rise. Moreover, there is a shared infinity pool and steam room in the recreation centre.

Concierge and Guest Services 

Along with the concierge, there is round-the-clock front-desk help at the reception, laundry facility, cleaning and maintenance, and waste disposal service. Guests can wait in the lobby and intercoms are installed so that residents can communicate with the reception area.

Lakeside Residence Floor Plans 

Residential apartments in the building vary in size and configuration. Each bed type is further divided into different floor plans.

  • 1-bedroom apartments in Lakeside Residence consist of four unit types
  • 2-bedroom apartments in Lakeside Residence consist of four 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 browsingfloor plans for Lakeside Residence

Apartment Types in Lakeside Residence, JLT

The project stands out among the various towers in JLT for its architecture and smartly designed floor plans. Out of 358 ready apartments, 226 are 1-bedroom and 132 are 2-bedroom flats. Lakeside Residence has at least four different plans for each bed-type featuring a spacious balcony, built-in wardrobes, and ceramic tiling. Some units are fully furnished while some are partially furnished. 

Lakeside Residence, JLT
Apartments in Lakeside Residence have a balcony

1-Bedroom Apartments in Lakeside Residence

1-bedroom apartments in Lakeside Residence are of four different types have one bedroom and one bathroom. Some flats also have a powder room. Each unit spans around 800 sq. ft. to 850 sq. ft. Apart from a master bedroom, the floor plan includes a spacious hall, an equipped kitchen, a balcony, and up to two bathrooms. You may also find some units that are partially or fully furnished and ready to move in.

2-Bedroom Apartments in Lakeside Residence

2-bedroom flats in Lakeside Residence cover 1,152 sq. ft. to 1,255 sq. ft. These units have two spacious bedrooms with attached bathrooms, a guest bathroom, a close-concept kitchen with appliances, a living room and a balcony offering lake views.

Most Popular Apartment Types in Lakeside Residence

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

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

As per searches made on Bayut, 1-bedroom apartments are the most popular apartment types in Lake Side Residence, Cluster A, JLT. 

Rental Trends in Lakeside Residence, JLT

Rental trends might seem slightly higher at first. This is becauseapartments in Lakeside Residence are quite new. On the other hand, JLT apartments for rent are available starting from AED 45k.

Rental payment can be made via two to four cheques. However, it is recommended to check the lease contract beforehand.

Sale Trends in Lakeside Residence, JLT

Just like the rental trends, apartments for sale in Lakeside Residence have higher price tags compared to other similar apartments for sale in JLT.

The value is worth considering the location, amenities, construction, and the fact that the apartment you choose is furnished. Furnished apartments in the rest of the emirate also cost the same.

Rental Yield in Lakeside Residence

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

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

7.9% is the highest return on investment in Lakeside Residences offered by 2-bedroom flats. 1-bed apartments also closely follow at 7.6% which is justified for such units. 

Service Charges in Lakeside Residence

GENERAL FUND
PRICE PER SQ. FT. IN AED
SERVICE CHARGES
Services
PRICE PER SQ. FT. IN AED
2.54
SERVICE CHARGES
Maintenance
PRICE PER SQ. FT. IN AED
2.05
SERVICE CHARGES
Utilities Services
PRICE PER SQ. FT. IN AED
3.76
SERVICE CHARGES
Management Services
PRICE PER SQ. FT. IN AED
0.91
SERVICE CHARGES
Insurance
PRICE PER SQ. FT. IN AED
0.31
SERVICE CHARGES
Master Community
PRICE PER SQ. FT. IN AED
2.62
SERVICE CHARGES
Total
PRICE PER SQ. FT. IN AED
12.19
ADJUSTMENTS
PRICE PER SQ. FT. IN AED
ADJUSTMENTS
Adjustment
PRICE PER SQ. FT. IN AED
0.73
ADJUSTMENTS
Total
PRICE PER SQ. FT. IN AED
0.73

These are the services charges for Lakeside Residence* as per the Dubai Land Department. Get complete information about the Dubai service charges index if you're interested in buying a property in Dubai.

*Please note that these service charges are subject to change.

NEARBY AMENITIES

Transportation near Lakeside Residence

Getting around Cluster A is easy since numerous bus stations are close by. The prime mode of transportation near Lakeside Residence would be buses that shuttle around JLT.

Bus Stations near Lakeside Residence

Bus - JLT 2 stops at the Business Center, Dome Tower, Dubai Star Tower and Silver Tower. These bus stations are easily accessible in a few minutes.

Metro Stations near Lakeside Residence

DMCC Metro Station is a 6-minute drive or a 10-minute walk from the building. It is served by the Red Line of the Dubai Metro

Restaurants near Lakeside Residence

There are quite a few cafes and restaurants near Lakeside Residence like:

  • NARA - Pan Asian cuisine
  • Pizza Di Rocco - Fast food
  • Makers Of Milkshakes - Ice cream shop
  • My Kitchen 4 U - ​Philippine cuisine, ​Vegetarian menu

You can find these eateries in the neighbouring clusters within a 3 to 10-minute walking distance.

Those who wish to try different cuisines will find many international restaurants nearby. These include:

  • White Ambient Restaurant
  • Little Lahore
  • Café Isan

White Ambient Restaurant in Cluster E is a German restaurant while Little Lahore is one of the best restaurants in JLT. Moreover, Café Isan is known for authentic Thai street food. Antalya has an Indian menu, Sushi Express in Cluster R serves Japanese food and Le Petit Belge in Cluster T has a Belgian menu.

If you’re looking for some upscale fine dining options, you can head out to Movenpick Hotel right next to the building. It has Nosh restaurant with a special buffet arrangement for kids and a play area. Al Fresco Terrace in the restaurant is the family-adored spot. Movenpick Hotel also has Urban Bar and Crema, a coffee shop.

Supermarkets near Lakeside Residence

Demart on the ground floor is the most convenient option for grocery shopping.

There are plenty of supermarkets near Lakeside Residence.

  • Spinneys
  • Near Me - mini-mart
  • KP Mart

Spinneys is located in Mohammed Ibrahim Tower, Cluster J. KP Mart is located in Cluster G. All options are accessible in less than 10 minutes away from the high-rise. 

supermarket in lakeside residence
There is a convenience store in the building

Nearby Buildings

  • Lake View Tower
  • Dubai Gate 2 Tower
  • Preatoni Tower

Standing tall on plot A3 in JLT, Lakeside Residence is surrounded by residential and mixed-use towers. Besides the immediate neighbours in Cluster A, including Laguna Tower and Dubai Gate 2, it is close to the Movenpick Hotel.

Major Landmarks

Cluster A is the first block in the bustling apartment-only district, so it is quite convenient to spot Lakeside Residence.

  • The project has lakes on two sides
  • It lies just next to the Movenpick Hotel
sheikh zayed road
The bustling Sheikh Zayed Road is a short drive away from Lakeside Residence

Lakeside Residence is also accessible from Sheikh Zayed Road which is a 7-minute drive away.

THINGS TO CONSIDER

Cost of accommodation in Lakeside Residence might seem a little high to some. This is generally because the building has spacious apartments, some of which are fully furnished and have larger living spaces.

Are you looking to buy or rent apartments in Lakeside Residence?

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