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Madina Tower, JLTReady

Madina Tower, JLT

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HIGHLIGHTS

About Madina Tower JLT

Madina Tower JLT is a high-rise residential building located in Cluster O of Jumeirah Lake Towers. 34 floors above ground, the project was developed by Reef Real Estate Investment Company and was completed in 2008. The exterior of Madina Tower features a central green glass structure encased in a chiselled frame of reflective metal cladding.

The residential units in the building include 1, 2 and 3-bedroom apartments. Properties in Madina Tower, JLT come with luxury amenities such as an open-terrace pool, health club, theatre room, and a gymnasium. The building is also equipped with high-speed elevators, CCTV cameras and fire safety features.

Exterior facade of Madina Tower
Madina Tower is a 34-storey residential building in JLT

A part of New Dubai, Jumeirah Lake Towers (JLT) is a free zone community that boasts three man-made lakes and 26 clusters with three towers each. Cluster O is located on the northern side of the community, close to Sheikh Zayed Road. JLT is one of the most searched areas in Dubai by investors as per the city’s Dubai real estate market report 2020. It also ranks as the fourth most popular area for buying flats in Dubai. There is a wide range of bed-types in residential apartments for sale in JLT.

IN A NUTSHELL

  • Located near Sheikh Zayed Road
  • Lies in Cluster O of JLT
  • Houses 1, 2, and 3-bed residential units
  • Elevators in Madina Tower are fast and well-maintained
  • On-site maintenance available
  • Security personnel present round the clock
  • An open-terrace swimming pool is available
  • The gym is fully equipped
  • A theatre room is available for screening movies
  • Overlooks Dubai Marina Mall and the tram station next to it
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BUILDING DETAILS

Facilities in Madina Tower JLT

Parking

Spread across three basement levels, parking in Madina Tower is available for 400 vehicles. Visitors can park their cars at the paid parking facility present in the courtyard of cluster O.

Elevators

Each unit in Madina Tower has access to every level via high-speed elevators.

Security, Central Air-Conditioning and Maintenance Services 

Madina Tower offers an intercom system integrated into apartments for emergencies. The building also offers 24-hour security in the form of well-monitored CCTV cameras and on-ground security staff. Additionally, a maintenance team is present in the building for repair work. The district cooling supplier for the project is Empower, and the utilities are provided by DEWA.

Event Space

Recreational amenities in Madina Tower include a cinema room with a 50-inch home theatre system and an indoor sports area. Residents can use the theatre room for business presentations, private screenings or simply for watching movies. There is also a business-IT lounge where professionals living in Madina Tower can host meetings.

Gym and Fitness Facilities 

Located on the top floor, the gym in Madina Tower is surrounded by high-ceiling windows. This allows residents to work out while taking in the views of the community. The gym is fitted with the latest exercise equipment such as boxing stands, ab benches, elliptical machines and treadmills.

Lifestyle Amenities

Just below the health club level is the pool area on a semi-covered terrace, which offers a resort-like ambience. The terrace features a round infinity pool that is positioned right below the central opening. After a swim, residents can lie on the sun loungers that are placed on an elevated platform overlooking the tall buildings and the sky. There is also a Jacuzzi that lies in one corner of the terrace in a luxurious setting.

Situated on the same floor as the gym, the health club includes a juice bar, changing rooms and a fully-equipped spa with sauna and steam room. These facilities are located close to the central opening that offers a view of the terrace below where the swimming pool is situated. Madina Tower also offers a facility on its ground floor that focuses on beauty treatments, known as Persona Salon JLT.

Concierge and Guest Services 

Residents in Madina Tower are offered 24-hour concierge services.

Pet-friendly

Madina Tower is located in a pet-friendly community.

Safety Features

The building is equipped with the latest fire safety system. There are high-tech smoke alarms installed in all parts of the tower along with fire suppression equipment.

Madina Tower Floor Plans 

  • 1-bedroom apartments in Madina Tower consist of one unit configuration
  • 2-bedroom apartments in Madina Tower consist of two different unit configurations
  • 3-bedroom apartments in Madina Tower consist of one unit configuration

The floor plans for Madina Tower are available for viewing in 2D and 3D formats on Bayut.

Apartment Types in Madina Tower JLT

Apartments in Madina Tower JLT Cluster O range from freehold and rental 1-bed to 3-bed flats.

1-Bedroom Apartments in Madina Tower

The smallest of them all, one-bedroom units in Madina Tower offer living spaces that start from 1,000 sq. ft. and go up to 1,100 sq. ft. Each 1-BHK unit comes with one powder room, a laundry room and a balcony. The closed kitchen is spacious, well-ventilated and fitted with cabinets. The bedroom comes with an en suite bathroom and access to the balcony. The hall has large glass windows which look down upon scenic views and provide daylight.

2-Bedroom Apartments in Madina Tower 

Fit for those who appreciate luxurious space, 2 BHK units are available in sizes that range between 1,900 sq. ft. and 2,050 sq. ft. These 2-bedroom flats in Madina Tower all come with en suite bathrooms, a semi-closed kitchen, spacious hall and a powder room. All units also come with one balcony accessible from the hall. Additionally, some units might include an extra seating area, a study room, laundry room and maid’s room with an attached bathroom.

3-Bedroom Apartments in Madina Tower 

3-bed flats in the building are the largest apartments available in the project. Their size starts at 3,085 sq. ft. and can go over 3,150 sq. ft. These units all have bedrooms with en suite bathrooms and wall-fitted cabinets. In addition to that, the master bedroom also has a spacious walk-in closet. All apartments have an expansive hall, a seating room, semi-closed kitchen and a balcony. These large units also contain a guest bathroom, laundry room, study room and a maid’s room with attached bathroom.

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 13 hours ago

According to Bayut, 2-bedroom flats in Madina Tower 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.

  • The rent of 1-bedroom flat ranges from AED 60k to AED 75k
  • 2-bed apartments in the building have rent ranging between AED 105k to AED 115k

Annual prices of the apartments for rent in Madina Tower vary depending on the size of the unit. Additional features such as maid’s room, study room and laundry room also cost more.

Apartments for sale in Madina Tower offer luxury facilities at competitive prices. Here is an overview of sales trends:

  • 1-bedroom apartments range between AED 850k and AED 950k
  • The sale price of 2 BHK flats ranges from AED 1.52M to AED 1.58M
  • 3-bed units can cost between AED 2.3M and AED 2.7M

Rental Yield in Madina Tower JLT

1-Bed
2-Bed
3-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 13 hours ago

1-bed apartments offer the highest ROI in Madina Tower of 7.76%. 2-bedroom flats generate about 7.38% return on investment. 3-bedroom flats offer an ROI of about 6.11%.

Service Charges in Madina Tower JLT

General FundPrice Per Sq. Ft. In AED
Services
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General upkeep of the building
2.01
Maintenance
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General repairs and replacements
3.76
Improvement
info
Charge for the improvement or replacement of services or facilities provided
0.10
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
3.98
Management Services
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Owner’s association charges for managing the property
1.29
Insurance
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Charge for the insurance of the building
0.53
Master Community
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Fees for communal facilities in the neighbourhood
2.30
Adjustment
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The difference between the estimated amount charged the previous year vs the actual amount spent
-1.79
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
1.05
Total 13.23
Additional ChargesPrice Per Sq. Ft. In AED
Additional Services 3.27

These figures are based on the services charges for Madina Tower* as per the Dubai Land Department.

Buildings in Dubai have several types of service charges which potential investors should read up on before buying an apartment.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near Madina Tower JLT

The tower is located off Sheikh Zayed Road which is a major route for travelling within Dubai as well as to other emirates. Access to public transport is also fairly easy for residents.

Bus Stations near Madina Tower

The nearest bus stop is located outside Saba Towers in Cluster Q at a 6-minute walk. Residents can also walk to the Dubai Arch Tower stop and Al Ghurair Giga Gold Refinery stop in 8 and 9 minutes respectively.

Metro Stations near Madina Tower

Several stations of the Red Line metro are located nearby. DAMAC Properties Metro Station is the closest to the building, located at a 14-minute walk. Another station within a walking distance is DMCC Metro Station 1, located 16 minutes away. Nakheel Metro Station is also nearby; residents can drive to it in 12 minutes.

Tram Stations near Madina Tower

There are several tram stops nearby. Nearest is the Jumeirah Lake Tower tram stop located within the community at an 11-minute drive. Other nearby tram stops include Dubai Marina Mall and Jumeirah Beach Residence 2. These are located at an average of 13 minutes from the tower by car.

Restaurants near Madina Tower JLT

These are the popular restaurants near Madina Tower:

  • Prestige Restaurant
  • Aroos Al Bahar
  • Hyu Korean Restaurant

Madina Tower is present amid an eclectic selection of restaurants. There is Prestige Restaurant, Tibbs Frankie, Hyu Korean Restaurant, Star Café Restaurant and the popular seafood restaurant called Aroos Al Bahar. Those who like Indian food can go to Kulcha King or Buzz Adda.

Fine-dining restaurants near the tower are:

  • The Cavendish Restaurant
  • Atelier M
  • Rhodes W1

Within a 15-minute drive, residents can reach several upscale restaurants which offer excellent flavours and ambience. The Cavendish Restaurant is located in Cluster J of JLT, located at a 10-minute drive. It is one of the best restaurants in JLT and offers British, Irish and Mediterranean cuisines. Another nearby luxury dining establishment is Atelier M. Located in Dubai Marina at a 15-minute drive, this restaurant offers French and Mediterranean flavours. Those craving authentic British cuisine in an upscale setting can visit Rhodes W1, also located at a 15-minute drive.

Supermarkets near Madina Tower JLT

Supermarkets in the area include:

  • Carrefour Market
  • Zoom
  • West Zone Fresh

For grocery shopping, the store nearest to Madina Tower is called West Zone Fresh Supermarket located at a 4-minute drive. Zoom, another supermarket in the area is located at a 6-minute drive. For extensive shopping, residents can also access the Carrefour Market that is present in the adjacent Cluster P.

NEARBY BUILDINGS

  • Reef Tower – residential building
  • Armada Tower 3 – residential building
  • Saba Towers – residential complex

Reef Tower is another residential building located in Cluster O, alongside O2 Residence. Armada Tower 3 is located in the neighbouring Cluster P and can be reached after a 6-minute walk. Another residential complex at a 6-minute walking distance is Saba Towers located in Cluster Q.

Major Landmarks

Nearby landmarks include:

  • Dubai Marina Mall
  • The Beach JBR
  • Dubai Marina Walk

Dubai Marina Mall is the major landmark that lies in front of Madina Tower, separated by Sheikh Zayed Road. There are 117 retail shops in Dubai Marina Mall from high-end international brands to high-street fashion brands. It is a centre of enjoyment as it offers dining and entertainment options as well.

The beach located near Jumeirah Beach Residence  (JBR), or The Beach JBR, is located at an 18-minute drive. The white sandy beach is a major attraction for locals and tourists alike because of the many fun things to do at The Beach JBR.

Restaurant and spa  on Marina Walk
Several restaurants, salons and spas are present on Duabi Marina Walk

Located at a 13-minute drive, Dubai Marina Walk is a long strip located alongside the Marina creek. The place has several restaurants, retail stores, salons and spas present along it. Visitors can even find a host of water-related activities to do in the area.

THINGS TO CONSIDER

Madina Tower Dubai offers amenities par excellence to its residents. However, those who have regular visitors may face an issue with parking. While there is paid parking available outside, it comes with a time limitation. Those who park longer are charged extra which can be very inconvenient for many. Those looking for JLT apartments for rent with free visitor’s parking can find other options nearby.

Are you looking to buy or rent apartments in Madina Tower?
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