Looking at buying a property in Jumeirah Lake Towers? Well if you are, it is a decision you will not regret. After all, owning an apartment in Jumeirah Lake Towers is the most sought-after amongst investors. More lovingly known as JLT by its residents, the real estate in JLT offers a unique living experience that many find alluring. With its numerous opportunities for dining, entertainment, and close proximity to all of Dubai’s main business hubs, living in JLT is perfect for working professionals and new families. Many commercial businesses have also setup up shop in here due to its free zone status. The fact that JLT is both a residential and free zone makes it an ideal destination to start a business in Dubai as well as live in. All these factors combined make it the seventh heaven for investors looking to buy an apartment in JLT. If you are someone who has plans for buying property in JLT, MyBayut brings you a list of the top five towers in JLT that have the best apartments for sale. Read on to find out more about each of the top five buildings to invest in JLT.
MOST POPULAR buildings to buy an apartment in JLT
There are many investment opportunities in JLT. However, based on searches conducted by Bayut users, the property sales trends in JLT over the past 6 months, show that buying a 1-bedroom apartment in JLT was the most popular. This was closely followed by 2-beds and then studios. Let’s take a closer look at the all the popular buildings in JLT which are the best for buying apartments in Dubai.
new Dubai gate 1
First on our list of most popular towers to buy an apartment in JLT is New Dubai Gate 1. Located in Cluster Q, this tower features some of the best apartments for sale in JLT. Standing tall with 40 floors, and six stories dedicated to parking, this building in JLT has 588 residential apartments for sale and 30 retail shops. If you are living in this JLT apartment, you will get to enjoy the health club which features state-of-the-art fitness equipment. There is also a sauna, jacuzzi and a climate-controlled swimming pool.
The apartments in this building do not compromise on the quality of living. Offering tranquil lake views and stunning interior designs, the apartments for sale in New Dubai Gate 1 range from studios to three bedrooms. If you are looking at buying a flat here, the sale prices for studios start at AED 500k, while prices for 2-bed apartments here start at AED 849k.
The New Dubai Gate 1 tower exits right on to Sheikh Zayed Road (SZR) which allows for easy access to the main business hubs like Dubai Marina, Media City and Internet City. All these factors combined make it the number one building for investing in JLT.
goldcrest views 2
If you are looking to buy an apartment in JLT, then buying a flat in Goldcrest Views 2 is the way to go. Sitting on the second spot on our list of most popular towers in JLT, the Goldcrest Views 2 offers residents world-class amenities and facilities such as swimming pools for both kids and adults, a gym, health club, jacuzzi and sauna. If you are buying an apartment in Goldcrest Views 2, then you won’t have to worry about security because this building has a 24-hour front desk and security, along with CCTV cameras throughout the building, which ensures that it is a safe haven for the residents.
This tower in JLT has apartment units across the board, ranging from studios to three bedrooms, for which the sale prices start at AED 540k for a studio, AED 900k for 1-bedroom flats, AED 1M for a 2-bedroom unit, and 1.45M for 3-bedroom flats. Located in Cluster J, this tower in JLT exits right on to Al Khail Road which is perfect for those looking to avoid the traffic and Salik on SZR.
icon tower 1
Developed by Mazaya Holding, the Icon Tower 1 is next on our list of best towers to buy an apartment in JLT. The apartments for sale in JLT’s Icon Tower 1 feature stylish interiors and are designed with highest quality finishes. Tenants are able to enjoy scenic views of the lake in JLT from the apartments, while the flats on the higher floors feature views of the Montgomery Golf Course and the Jumeirah Islands. Located in Cluster M, those living in the flats in JLT’s Icon Tower will get to enjoy its facilities and amenities such as swimming pools and gymnasiums as well as round the clock security.
If you are looking to buy a flat in Icon Tower 1, you can choose from a range of studios to 3-bed flats. Sale prices for buying a 1-bedroom apartment here start at AED 760k, whereas 2-bed flats start at AED 875k. Sale prices for 3-bedroom flats start at AED 1.5M.
saba tower 3
Investing in JLT, without a doubt is a wise decision; after all, it is one of the best residential areas for families in Dubai. Next on our list of the best building for buying apartments in JLT is the Saba Tower 3. Located in Cluster Q, the flats for sale in JLT’s Saba Tower 3 feature finest quality architecture and interior design. Buying an apartment in Saba Tower 3 is an opportunity to have the finest lifestyle in the heart of New Dubai. Ranging from studios to three bedroom apartments, the flats in Saba Tower 3 also feature stunning views of the Jumeirah Lake Towers Park. Sale prices for studios here start at AED 770k while 1-bedroom flats start at AED 975k. Sale prices for 2-bedroom flats in Saba Tower 3 start at AED 1.28M
icon tower 2
The flats in Icon Tower seem to be quite popular amongst Bayut users as the Icon Tower 2 takes up the final spot on our list of popular buildings to buy an apartment in JLT. Located in Cluster L, just as the Icon Tower 1, the Icon Tower 2 comes equipped with all the facilities, amenities and round the clock security which ensures world-class quality living for its residents. The Kids Kingdom Nursery is also located in the same building, which makes it perfect for any business owner in JLT with little kids, looking for a family home near their business.
If you are looking to buy a flat in Icon Tower 2, you can choose from a range of studios to 3-bed flats. Sale prices for buying a 1-bedroom apartment here start at AED 715k, whereas 2-bed flats start at AED 950k. Sale prices for 3-bedroom flats start at AED 1.45M.
We hope this breakdown of the sales trend in JLT helps you if you are considering investing in Jumeirah Lake Towers. If you do decide to buy an apartment in JLT, it is best to get acquainted with all the pros and cons of living in JLT. If you are already a resident in JLT, let us know what you like best about living there in the comments below. If you still aren’t sure about buying an apartment in JLT, then do have a look at the JLT rental listings on Bayut.com.