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Global Lake View, JLT

Global Lake View, JLT

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Jumeirah Lake Towers (JLT), Cluster D, Dubai

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Strengths

Scenic Views

Prime Location

Modern Amenities

Weakens

High Price Point

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Global Lake View is strategically situated in Jumeirah Lake Towers (JLT), a vibrant community known for its stunning lakes and skyscrapers.
  • Proximity to major facilities includes easy access to various dining, shopping, and entertainment options.
  • The building is well-connected via public transport, with metro stations and bus services just a short walk away.
  • Surrounding landmarks include parks, educational institutions, and health facilities, enhancing its desirability.

Properties Overview

  • The property host a mix of studio, one, and two-bedroom apartments, making it appealing to both renters and buyers.
  • Rental prices typically range from AED 50,000 to AED 90,000 annually, depending on the unit size and floor level.
  • For buyers, apartments in Global Lake View can be found in the range of AED 700,000 to AED 1.5 million, subject to market conditions.
  • Popular layouts include loft-style units with floor-to-ceiling windows, offering breathtaking lake views.

Market Trends

  • The rental market in JLT has seen a steady increase in demand, with an average ROI of 7-8% for investors.
  • Sales prices have shown resilience, with slight appreciation noted over the past year as the economy recovers.
  • Anticipated trends suggest continued interest in JLT, particularly in properties with expansive views and modern amenities.
  • The future outlook remains positive, driven by a growing expatriate community and thriving business environment.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby amenities include grocery stores, educational institutions such as Emirates International School, and healthcare services including Mediclinic.
  • JLT is home to several parks and recreational areas that provide a serene environment for families and outdoor activities.

Transportation and Accessibility

  • Public transport options include the Dubai Metro, with the JLT station located within walking distance.
  • The area provides ample parking for residents and guests, ensuring convenient access to surrounding neighborhoods.

Lifestyle Amenities

  • Residents enjoy a range of lifestyle options, including fully equipped gyms, swimming pools, and landscaped gardens.
  • A variety of cafes, fine dining restaurants, and luxury hotels are located within the vicinity, catering to diverse tastes.

Builing Facilities

  • Global Lake View features high-speed elevators, 24-hour security, and central air conditioning.
  • Regular maintenance services ensure lasting quality and comfort for all residents.

Special Services

  • The building offers concierge services, enhancing comfort by assisting residents with various needs.
  • Business centers and meeting rooms are available, perfectly suited for professionals and entrepreneurs.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of thoughtfully designed floor plans caters to various needs, including spacious layouts for families and compact units for singles.
  • Options include open-concept living spaces, separate dining areas, and balconies with spectacular views.

Things to Consider

  • Prospective tenants and buyers are encouraged to evaluate proximity to work, commuting options, and community amenities.
  • Consider the potential for price appreciation and rental yields when investing in property within the building.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events such as yoga classes, seasonal festivals, and social gatherings foster a vibrant building community.
  • Residents often participate in networking events that promote local businesses and services.

Community Identity

  • Global Lake View stands out for its stunning architecture, offering a modern yet comfortable living experience.
  • Its community-driven focus makes it a unique place ideal for both families and professionals alike.

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Detailed Buiding Insights

1. Family Friendliness

The community features diverse recreational facilities, parks, and family-oriented events that make it highly suitable for families with children.

Exceptionally Welcoming

2. Living Options

Global Lake View offers a wide range of living options, from luxurious apartments to more modest choices, catering to various preferences and budgets.

Broadly Diverse

3. Safety And Security

The area is known for its effective security measures, including 24/7 surveillance and a well-maintained security presence.

Remarkably Secure

4. Transportation

Excellent public transport links and easy access to major highways make commuting straightforward and accessible for residents.

Very Convenient

5. Amenities And Facilities

The community has a wide array of amenities, including gyms, pools, cafés, and educational institutions, ensuring residents have access to essential services.

Richly Equipped

6. Cost Of Living

While some areas may be pricier due to luxury offerings, overall, the cost of living is balanced against the quality of amenities and services available.

Relatively Balanced

7. Things To Do

Residents have access to a variety of entertainment options, including restaurants, parks, and cultural events that keep the community lively.

Vibrantly Diverse

8. Noise Levels

The community is largely peaceful, with most residential areas well-placed away from busy roads, resulting in a serene living atmosphere.

Generally Peaceful

9. Pet Friendliness

Many parks and pet-friendly facilities make this community a great choice for pet owners, creating an inviting atmosphere for them.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
66.9K AED
apartment (1Beds)
Rent
77.1K AED
apartment (2Beds)
Rent
101.5K AED
apartment (3Beds)
Rent
134.1K AED
apartment (5Beds)
Rent
616.1K AED
apartment (4Beds)
Rent
63K AED
apartment (0Beds)
Sale
686.7K AED
apartment (1Beds)
Sale
824.5K AED
apartment (2Beds)
Sale
1.3M AED
apartment (3Beds)
Sale
1.5M AED
apartment (4Beds)
Sale
2.7M AED

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Key Information

Buy: 620K AED - 2.7M AED

Rent: 36.3K AED - 1.4M AED

Developer: Nakheel Properties

Building Type:  Residential

Building Age: 14 years(completed in 2010)

Unit Types : Studio, 1, 2 and 3-bedroom apartments and penthouses

Floors: 34 storeys

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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