Paradise Lakes Towers, Emirates City
About Paradise Lake Towers, Ajman
Emirates City hosts several residential and commercial project in Ajman. It consists of several high-rise buildings. This area lies near Sheikh Mohammed Bin Zayed Road, one of the most famous roads in UAE. It is known for being Ajman’smost elite residential neighbourhood. If you are looking for a budget-friendly apartment, check out Emirates City flats for rent.
Situated in Emirates City, Ajman, Paradise Lake Towers is a set of high-rise buildings adding a magnificent touch to the area. These buildings offer residents a clear and wide view of the lush green surrounding. The name of this project is inspired by the lake running across the front side of the towers. These towers offer a peaceful environment along with huge parking spaces, perfectly structured living areas, a garden area, fitness facilities and a private Jacuzzi.
IN A NUTSHELL
- Project by Sweet Homes Real Estate LLC
- Apartment complex in Emirates City
- Consists of 8 towers with 25 floors each
- 1, 2, 3 and 4-bedroom apartments available
- 5 levels of parking
- 4 high-speed elevators
- Swimming pool and kids play area available
- Freehold property
Facilities in Paradise Lake Towers, Ajman
Parking in Paradise Lakes Towers includes 5 basement levels. Parking spaces are huge enough to accommodate the vehicles of all residents along with the guests.
Each building in Paradise Lakes Towers includes 4 elevators to ensure the convenience of residents and guests. These elevators comply with quality and safety standards.
Security, Central Air Conditioning and Maintenance Services
Maintenance staff is available 24-hour along with a security staff to deal with any issue that may arise. Multiple measures have been taken by the developers of this complex to ensure safety and security. Utilities of this complex are powered by ADDC.
Gym and Fitness Facilities
Paradise Lakes offer a swimming pool and a kid’s pool to its people. These pools are open to all residents of these buildings. The pools are designed to accommodate a huge crowd.
Paradise Lakes Towers, offer a location which is mostly famous as Ajman’s most elite residential neighbourhood. These buildings offer a peaceful environment where you can lead a stress-free life. Away from the commercial areas, these buildings offer luxury and a lush green environment to its people. They also offer kids playing and a gaming area.
Concierge and Guest Services
This complex offers a friendly and peaceful environment. Paradise Lakes Towers, provides 24-hour concierge and guest services. No matter what issue you come across, you will always find a person sitting on the front desk ready to serve your issues.
This complex is pet-friendly.
This complex offers a barbeque area which can be utilized by residents as an event space.
This complex has a fire-fighting system and electricity backup which can be utilized in case of an emergency.
Paradise Lakes Towers Floor Plans
Paradise Lakes floor plans include:
- The floor plans of 1-bed apartments consist of 6 types
- The floor plans of 2-bed apartments consist of 1 types
- The floor plans of 3-bed apartments consist of 1 types
In Paradise Lakes Towers, 1-bedroom apartments have the widest variety of floor plans ranging from Type C1 to type C6. On the other hand, 2 and 3-bedroom apartments come only two 1 floor plan for each including Type B and Type A respectively.
Apartment Types in Paradise Lake Tower, Ajman
All the apartment types in Paradise Lakes offer bathrooms, a private garden, built-in wardrobes and built-in kitchen appliances. These buildings are located in an elite society of Ajman where a peaceful and noise-free environment is a top priority of residents. Offering a variety of facilities, apartments in Paradise Lakes are up for purchase and rent.
1-Bedroom Apartments in Paradise Lakes Towers
1-bedroom apartments in Paradise Lakes have 6 floor plans having 1 bedroom and two bathrooms. The kitchen covers a huge space and the bedroom has a floor-to-ceiling window. This type of apartment comes with a built-in wardrobe.
2-Bedroom Apartments in Paradise Lakes Towers
The average size of 2-bedroom apartments in Paradise Lakes ranges from 981 sq. ft. to 1,400 sq. ft. This type of apartments only has 1 floor plan having 2 bedrooms and 2 bathrooms. Both the bedrooms have built-in wardrobes and a floor-to-ceiling window. The kitchen is attached to a huge living area.
3-Bedroom Apartment in Paradise Lakes Towers
Covering the area ranging from 1,500 sq. ft. to 1,675 sq. ft., 3-bedroom apartments in Paradise Lakes consist of 4 bathrooms. All the bedrooms have a built-in wardrobe and huge windows. The kitchen is attached to the living area, occupying a huge space. These apartments come with a terrace which opens through a sliding door from the living room.
Most Popular Apartment Types in Paradise Lakes Towers
Based on searches conducted by users on Bayut.com over the past 6 months
According to the search data collected from Bayut.com, the most popular apartment types in Paradise Lakes include 2-bedroom apartments which rank first. 1-bedroom apartments rank second, 3-bedroom apartments are on third rank while 4-bedroom apartments fall on fourth.
Rental Trends in Paradise Lake Towers, Ajman
Paradise Lakes offers numerous benefits to its tenants. Most of the apartments come with a terrace in it. All the flats are designed with an exquisite interior. According to the research conducted by Bayut.com, apartments for rent in Paradise Lakes Towers include:
- For 1-bedroom rental apartments in Paradise Lakes Towers, prices range from AED 13k to AED 17k
- For 2-bedroom rental apartments in Paradise Lakes Towers, prices range from AED 17k and AED 30k
- For 4-bedroom rental apartments in Paradise Lakes Towers, prices range from AED 33k to AED 72k
If you are looking to get a flat on rent, keeping Paradise Lakes in your list of options would be a wise idea. The size of 1-BHK range from 790 sq. ft. to 1,100 sq. ft. For 2-bedroom it may range from 981 sq. ft. to 1,310 sq. ft. For 4-bedroom apartments, the range is between 1,648 sq. ft. to 1,675 sq. ft. all these apartments come with the amenities of fitness facilities, huge parking spaces, Jacuzzi, a private garden, built-in wardrobes and kitchens covering a huge space.
Sales Trends in Paradise Lake Tower, Ajman
With numerous facilities like kids playing area and a private garden, Paradise Lakes offers a comfortable experience to its property owners. According to research conducted by Bayut.com, apartments for sale in Paradise Lakes Towers include:
- The sales price of 1 bedroom apartments ranges from AED 140k to AED 365k
- The sales price of 2 bedroom apartments ranges from AED 200k to AED 375k
- The sales price of 3 bedroom apartmentsranges from AED 300k to AED 750k
- The average sales price of 4 bedroom apartments is AED 580k
The price range of these apartments mainly depends upon the area and the amenities offered by them. The area of 1-bedroom apartments ranges from 794 sq. ft. to 982 sq. ft. The area of 2-BHK ranges from 1,000 sq. ft. to 1,400 sq. ft. and, for 3-bedroom apartments, it goes from 1,500 sq. ft. to 1,675 sq. ft. The average area for 4-BHK is 1,645 sq. ft.
Rental Yield in Paradise Lakes Towers
Based on searches conducted by users on Bayut.com over the past 6 months
Most of the property investors find it a good opportunity to invest in apartments in order to make a good profit out of it. According to the research done by Bayut, rental yield in Paradise Lakes is the highest for 3-bedroom apartments with an ROI of 10.0%. Following this figure, 1, 2 and 4-bedroom apartments have an ROI of 9.9%, 9.2% and 8.0% respectively.
Transportation near Paradise Lakes Towers, Ajman
Some of the modes of transportation near Paradise Lakes Towers include:
Bus Stops near Paradise Lakes Towers
- Al Rawda Bus Stop (19 minutes away)
- Ajman University Bus Stop (23 minutes away)
- Khalifa Hospitality Bus Stop (21 minutes away)
Since Ajman Public Transport Corporation doesn’t cover Emirates City, residents may utilize the services offered by Taxis and Uber for transportation near Paradise Lakes. They can also avail the services of car rental companies in this area.
Restaurants near Paradise Lakes Towers
Residents can find a lot of options for their hunger. There are a couple of restaurants near Paradise Lakes which offer a variety of food to their customers. Some of these restaurants are:
- Lavender Restaurant (1 minute away)
- Better Taste (1 minute away)
- Infuse Café (11 minutes away)
If you are looking for cafes near Paradise Lakes, you can always go for Saraya Dimashk, a traditional-style café. Black and White Coffee café is another famous option available in the area. You can also visit Zucchero Cakery or Honey Cake bakery if you are in the mood for something sweet.
Supermarkets near Paradise Lakes Towers
Whether you want to get a cell phone or just fresh fruits, there are several supermarkets near Paradise Lakes Towers that include:
- Brave Supermarket (2 minutes away)
- Al Ruman Supermarket (11 minutes away)
- Baniyas Spike Hypermarket (15 minutes away)
One of the most convenient options available to residents of Paradise Lakes is Brave Supermarket situated on the ground floor of Lavender Tower. Residents can also drive to Al Ruman Supermarket and Baniyas Spike Hypermarket to get their desired groceries.
Some of the nearby buildings include:
- Lake View Tower (2 minutes away)
- Goldcrest Dream Towers (2 minutes away)
- Lavender Tower (2 minutes away)
Goldcrest Dream Towers is a residential complex located near Paradise Lakes Towers. Buildings of this complex are 26-storey high. It offers 1 and 2-bedroom apartments to locals. Lavender Tower is a residential building which is 41-storey high. It offers 1, 2 and 3-bedroom apartments.
Some of the major landmarks near Paradise Lakes Towers include:
- Ajman China Mall (18 minutes away)
- Al Tallah Camel Racecourse (18 minutes away)
- Sheikh Zayed Mosque (18 minutes away)
Considering the tall, emerging buildings of the Emirates City, this area is a landmark itself. This area is located right beside one of the busiest roads of Ajman, offering residents an enormous view of the surroundings. Another major landmark near Paradise Lakes is Ajman China Mall which is a popular shopping destination among locals.
Sheikh Zayed Mosque is one of the biggest mosques in the world. It reflects the classical architecture of the Islamic world. With 82 domes, 1,000 columns, 24-carat gold chandeliers and the world's largest hand-knit carpet, this mosque has one of the largest chandeliers in the world.
THINGS TO CONSIDER
Paradise Lakes offers a peaceful neighbourhood with luxury facilities to its residents. With easy access to fitness facilities and 24-hour concierge services, these buildings offer a better living experience in comparison to others. The only problem that residents may face is the limited presence for amenities in the area. This is due to the fact that it is in its development stage. Apart from this issue, residents never face any problem related to traffic congestion or parking spaces. For property investors, Emirates city apartments for sale are a good investment opportunity.