Apartments for sale in Jumeirah Lake Towers (JLT)

Jumeirah Lake Towers (JLT) is a prominent community in the heart of Dubai offering a wide range of residential apartments, making it a sought-after address for residents and investors alike. The high-rise towers in the area spread across 26 clusters, are a part of the stunning skyline of Dubai. The apartments for sale in JLT offer unparalleled views of the city and tranquil lakes. Interested buyers can explore over 2,000 listings on Bayut for Jumeirah Lake Towers apartments for sale.

Sales Trends for Apartments in Jumeirah Lake Towers 

JLT real estate is known for affordable properties and modern amenities. The area offers studios, 1, 2, 3, 4 and 5-bedroom apartments with scenic views of the cityscape or the Arabian Gulf. These apartments in high-rise towers also have several shared facilities such as play areas, pools and fitness centres.  

The average price range may vary based on floor plans in Jumeirah Lake Towers, covered area, and amenities, offering many options for different preferences and budgets.

The sale price of studio apartments with an average covered area of 434 sq. ft. is AED 726k
The sale price of 1-bed apartments with an average covered area of 798 sq. ft. is AED 1.2M
The sale price of 2-bed apartments with an average covered area of 1,477 sq. ft. is AED 2M
The sale price of 3-bed apartments with an average covered area of 1,911 sq. ft. is AED 2.8M
The sale price of 4-bed apartments with an average covered area of 2,487 sq. ft. is AED 3.6M
The sale price of 5-bed apartments with an average covered area of 6,011 sq. ft. is AED 7.2M

Transactional data sourced from the Dubai Land Department (DLD) shows that more than 4,000 sales transactions for apartments in Jumeirah Lake Towers with a collective value of AED 6.3 billion took place in JLT during the last 12 months. The average advertised sales price for apartments in Dubai stands at AED 1.6M. 

Buying an Affordable Apartment in Jumeirah Lake Towers 

Buying an affordable apartment in Jumeirah Lake Towers is an attractive investment option for those looking for modest living in Dubai as per the 2023 Dubai Sales Market Report. These residences offer modern facilities, quality interiors and proximity to various dining options. Since it is one of the freehold areas in Dubai, non-GCC nationals can also purchase apartments in JLT. Popular projects for buying affordable apartments in Jumeirah Lake Towers include New Dubai Gate 2, Lake Shore Tower and Al Waleed Paradise.

On average, a studio apartment in New Dubai Gate 2 costs AED 660k while a 1-bedroom apartment is available for AED 1.1M. Lake Shore Tower is another high-rise tower with 1-bed apartments for sale costing AED 1.1M and 2-bedroom apartments for AED 1.65M on average. You can also check out the listings for affordable apartments in Dubai Gate 1 and Lake Point Tower.

Types of Apartments Available for Sale in Jumeirah Lake Towers 

Jumeirah Lake Towers offers a diverse range of apartments for sale catering to various preferences and lifestyles. These units can be categorised into ready-to-move and off-plan apartments.

As the name suggests, ready apartments allow you to move in immediately. Many buyers prefer these units as they can offer a consistent ROI if leased out immediately. However, ready apartments come at a higher initial price and are available in both furnished and unfurnished variants. 

Off-plan apartments are under-construction residential units with a lower initial price as compared to ready apartments. Developers offer flexible payment options till the completion of the project. Buying an off-plan apartment provides significant investment potential as the value and price of the property increase by the time they are completed.

Furnished Apartments for Sale in Jumeirah Lake Towers 

There are several furnished apartments available for sale in Jumeirah Lake Towers. These ready-to-move-in apartments can be found across the area, for an average sale price of: 

AED 751k for studio apartments
AED 1.3M for 1-bed apartments
AED 2M for 2-bed apartments
AED 2.7M for 3-bed apartments

Unfurnished Apartments for Sale in Jumeirah Lake Towers

Interested buyers can also explore listings on Bayut for unfurnished apartments for sale in Jumeirah Lake Towers. The average cost of these units is as follows:

AED 711k for studio apartments
AED 1.3M for 1-bed apartments
AED 2M for 2-bed apartments
AED 3.1M for 3-bed apartments

Off-plan Apartments for Sale in Jumeirah Lake Towers 

Although Jumeirah Lake Towers is a fully developed community, there are several off-plan properties available for interested buyers. Take a look at the price range of these apartments:

AED 776k for studio apartments
AED 1.54M for 1-bed apartments
AED 2.3M for 2-bed apartments
AED 3.53M for 3-bed apartments

Popular Buildings to Buy Apartments in Jumeirah Lake Towers

Some of the top buildings to buy apartments in Jumeirah Lake Towers are:

• New Dubai Gate 1 – a high-rise tower in Cluster Q offering studios, 1, 2 and 3-bedroom apartments
• New Dubai Gate 2 – a 36-storey tower with four basement levels situated in Cluster A
• Al Waleed Paradise – offers 247 apartments spread across 35 floors
• Icon Tower 1 – a project by Mazaya Holding Company in Cluster M 
• Mag 214 - features 1, 2 and 3-bedroom apartments and penthouses

FAQs

What types of apartments are available for sale in Jumeirah Lake Towers?

Jumeirah Lake Towers apartments for sale range from studios, 1, 2, 3, 4 and 5-bedroom units. You can buy affordable apartments, chiller-free units, ready-to-move-in, duplex apartments and unfurnished flats based on your requirements and preferences.

Are there any good locations in Jumeirah Lake Towers to buy luxury apartments?

Popular buildings to buy luxury apartments in Jumeirah Lake Towers include: 

New Dubai Gate 1
Laguna Tower
Lake Terrace

What are some of the best options to buy in Jumeirah Lake Towers near the metro station?

There are two metro stations near Jumeirah Lake Towers, Sobha Realty and DMCC Metro Station. Some projects in proximity to these two stations are:

Lake Terrace
Indigo Tower
Al Shera Tower

What is the average sale price of apartments in Jumeirah Lake Towers?

The price range of apartments for sale in Jumeirah Lake Towers may vary based on several factors. Here’s the average price breakdown for each apartment type:

Studio flats: AED 726k
1-bed flats: AED 1.2M
2-bed flats: AED 2M
3-bed flats: AED 2.6M
4-bed flats: AED 3.5M
5-bed flats: AED 7.2M

How much do furnished apartments for sale cost in Jumeirah Lake Towers?

On average, buying furnished apartments in Jumeirah Lake Towers will cost around:

AED 751k for studio apartments
AED 1.3M for 1-bed apartments
AED 2M for 2-bed apartments
AED 2.7M for 3-bed apartments

What’s the average sale price of unfurnished apartments in Jumeirah Lake Towers?

The average annual cost of unfurnished flats for sale in Jumeirah Lake Towers is:

AED 711k for studio apartments
AED 1.3M for 1-bed apartments
AED 2M for 2-bed apartments
AED 3.1M for 3-bed apartments

Where to buy a studio apartment in Jumeirah Lake Towers?

Studio apartments for sale in Jumeirah Lake Towers are preferred for their affordability and personal space. Take a look at popular buildings with studios:

A studio apartment in New Dubai Gate 1 costs AED 641k on average
A studio apartment in Icon Tower 2 costs AED 690k on average
A studio apartment in Lake Shore Tower costs AED 700k on average

Where to buy a 1-bed apartment in Jumeirah Lake Towers?

1-bedroom apartments for sale in Jumeirah Lake Towers are preferred by families. Take a look at popular buildings with 1-bed units:

A 1-bed apartment in Lake Terrace costs AED 1.10M on average
A 1-bed apartment in Al Waleed Paradise costs AED 1.16M on average
A 1-bed apartment in Jumeirah Bay X1 costs AED 1.79M on average

Where to buy a 2-bed apartment in Jumeirah Lake Towers?

There are many options across the area for 2 BHK units. Popular buildings include:

A 2-bed apartment in Laguna Tower costs AED 2.07M on average
A 2-bed apartment in New Dubai Gate 2 costs AED 1.75M on average
A 2-bed apartment in Mag 214 Tower costs AED 1.67M on average

Which are the best options in Jumeirah Lake Towers for buying off-plan apartments?

Those looking to buy off-plan apartments in Jumeirah Lake Towers can check Se7en City, MBL Royal and Viewz 1 by Danube. 

Which buildings with apartments for sale in JLT have nurseries nearby?

If you’re looking for apartments for sale near nurseries in JLT, explore the following buildings:

Baby Home Nursery JLT in Cluster N
Kids Kingdom Nursery School in Cluster L
Kids Kare Nursery in Cluster E

Which building in JLT has apartments for sale with clinics nearby?

Popular buildings with apartments for sale that are near clinics in JLT include:

Lake Shore Tower near Aster Clinic
Lake Terrace Tower The Lakes Clinic
Armada Medical Centre in Armada Towers

What is the cost of buying property in Dubai?

The cost of buying property in Dubai includes the following elements:

• Purchase price
• Property registration fees
• DLD fees and administration charges
• Agency fee/commission
• Conveyance fee
• VAT (where applicable)

In addition, if you are buying property on a mortgage, you’ll have to pay the bank’s and property valuation charges.

What is the process to buy off-plan properties in Dubai?

The process to purchase off-plan properties in Dubai is simple. You simply need to:

• Find the right property
• Ensure the developer’s reliability
• Get in touch with a good realtor
• Assess your financial standing and apply for a mortgage, (if needed)
• Pay the initial deposit and book your property
• Sign the Sales Purchase Agreement (SPA) 
• Once the agreement is finalised, you’ll have to follow a payment plan that dictates your mandated pre and post-handover instalments towards the purchase.