Properties For Sale in JLT - Jumeirah Lake Towers
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Property for Sale in Jumeirah Lake Towers
Jumeirah Lake Towers (JLT) is a well-developed district with quality infrastructure. Dubai's legislation allows foreigners to buy property here to obtain an investment visa, attracting a large number of expats to the community. The community offers 87 residential towers ranging from 35 to 45 meters in height, with underground parking and whole floors of commercial spaces, including gyms, cafes, restaurants, and shops.
To ensure residents' comfort, the project includes numerous landscaped green areas, with over 730 square meters of well-maintained territories. The development of the area began in the 2000s, and apartments were sold at modest prices at that time. Now, a one-bedroom apartment here will cost over half a million dollars.
The Jumeirah Lake Towers towers are organized into 26 clusters of real estate properties. Most of them are built by Damac Property, a top developer in the emirate. Within a 10-minute distance from each cluster with residences for sale, there are nurseries, private schools, medical facilities, shopping centers, entertainment venues, children's amusement parks, stores, and inclusive public spaces.
Thanks to its proximity to Sheikh Zayed Road, it takes 15-28 minutes by car to reach Downtown and Business Bay from Jumeirah Lake Towers. The area has a network of public transport stops and metro stations: DMCC and Sobha Realty.
A one-bedroom apartment near the metro, in a building with a pool and spa, can be purchased for $536,785 / AED 1,970,000. Prices for two-bedroom apartments start from $732,970 / AED 2,690,000. Residences with three bedrooms and bathrooms, covering an area of 144 square meters, are available for sale starting from $1,008,174 / AED 3,700,000.
Investing in Real Estate in JLT
Investing in real estate in Jumeirah Lake Towers is beneficial due to the well-developed internal infrastructure of the area and its advantageous location. JLT has a free zone for conducting business, which also contributes to the profitability of investments in local real estate. Those who invest in off-plan projects at an early stage particularly benefit. There are cases where the difference between the market price of a completed property and its pre-launch cost is close to 100%.
Buying Property in Jumeirah Lake Towers with Space 8 Estate
If you are planning to buy property in Dubai and considering the JLT community, Space 8 Estate has a catalog with dozens of suitable options for rental or relocation to the UAE with your family. Contact us for consultation, and we will find the best residence for you at an attractive price and provide full professional support throughout the transaction.
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