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Green Lakes 2, JLT

Green Lakes 2, JLT

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Jumeirah Lake Towers (JLT), Cluster O, Dubai

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Strengths

Prime location

Modern architecture

Facilities and amenities

Weakens

Traffic congestion

Limited parking spaces

Noise levels

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Buildign Overview

Summary

  • Green Lakes 2 is a distinguished residential tower located in the vibrant Jumeirah Lake Towers (JLT) area.
  • This building offers stunning views of the surrounding lakes and is in proximity to several amenities.
  • Nearby facilities include restaurants, cafes, and retail shops, enhancing the overall lifestyle of residents.
  • Public transportation options such as the Dubai Metro and various bus routes provide easy connectivity to other parts of Dubai.

Properties Overview

  • Green Lakes 2 features a range of residential units, predominantly comprising 1, 2, and 3-bedroom apartments, catering to diverse living preferences.
  • Current rental rates for apartments typically range from AED 75,000 to AED 150,000 annually, depending on the unit size and layout.
  • For those interested in purchasing, sale prices are generally between AED 900,000 and AED 2.5 million, reflecting the building's desirability.

Market Trends

  • Over the past year, JLT has experienced stable rental prices, with a slight increase in demand for larger units due to remote working trends.
  • Sales trends indicate a growing interest in investment opportunities, with an average return on investment (ROI) of around 7-8% for properties in the area.
  • Market analysts predict continued growth in demand, especially as the city recovers economically post-pandemic.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to essential services, including supermarkets, pharmacies, and clinics within walking distance.
  • Several reputable schools and educational institutions are located nearby, making it a convenient choice for families.
  • Prominent healthcare facilities, including hospitals and specialized clinics, are also within close reach.

Transportation and Accessibility

  • The building boasts excellent public transportation links, including the Dubai Metro station situated just a short walk away.
  • Ample parking spaces for residents and guests are available, facilitating easy vehicle access to the rest of the city.
  • Major highways like Sheikh Zayed Road are conveniently accessible, enhancing overall connectivity.

Lifestyle Amenities

  • A variety of lifestyle amenities are located close by, including fitness centers, parks, and recreational areas.
  • Residents can enjoy dining options ranging from casual cafes to upscale restaurants, appealing to all tastes.
  • The lake surrounding JLT provides opportunities for outdoor activities such as jogging, cycling, or simply relaxing by the water.

Builing Facilities

  • Green Lakes 2 is equipped with modern facilities including high-speed elevators, 24/7 security, and comprehensive maintenance services.
  • Central air conditioning is provided in all units, ensuring comfort throughout the year.
  • Well-maintained common areas contribute to the welcoming environment of the building.

Special Services

  • Additional services include a dedicated concierge to assist residents with their needs and enhance their living experience.
  • Business centers and meeting rooms are available for residents who need a productive workspace outside their homes.
  • Guest services add to the convenience, making it easier for residents to host visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • Various floor plans are available to suit different preferences and lifestyles, from compact 1-bedroom to spacious 3-bedroom apartments.
  • Flexibility in unit layouts allows potential renters and buyers to select options that best meet their needs.

Things to Consider

  • Prospective tenants and buyers should assess their specific requirements such as size, budget, and amenities offered.
  • Consider the proximity to work and daily errands, as well as the overall community atmosphere.

Useful FAQs and Support

Events and Building Life

Building Events

  • Green Lakes 2 often hosts community events and social gatherings, fostering a friendly atmosphere among residents.
  • Special occasions, such as festive celebrations, give residents an opportunity to connect and engage.

Community Identity

  • The building is known for its commitment to a community-focused lifestyle, blending modern living with a warm neighborhood feel.
  • Outdoor recreational spaces and community activities contribute to the unique identity of Green Lakes 2, making it a desirable residence.

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Detailed Buiding Insights

1. Family Friendliness

Green Lakes 2 is known for its family-oriented environment, featuring spacious parks and playgrounds where children can play safely. The residents often organize community events that cater to families, fostering a strong sense of belonging.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including spacious apartments and lavish villas, appealing to different family sizes and preferences. This diversity attracts a mixed demographic, enhancing the community’s richness.

Broadly Diverse

3. Safety And Security

The area features 24/7 security personnel and surveillance systems, ensuring high safety standards. Many residents feel secure walking around at any hour, contributing to the overall peace of mind within the community.

Remarkably Secure

4. Transportation

While public transportation options are available, they may require some walking. The community's proximity to major roads helps for quick access to nearby areas, making it fairly easy to commute.

Moderately Convenient

5. Amenities And Facilities

Green Lakes 2 boasts an impressive array of amenities, including swimming pools, gyms, and community centers, enhancing the overall lifestyle for its residents. Local shops and restaurants are within easy reach, adding to the convenience.

Richly Equipped

6. Cost Of Living

The cost of living in Green Lakes 2 is considered reasonable given the quality of life and amenities provided. While some properties may be on the higher end, various options ensure affordability for different income levels.

Relatively Balanced

7. Things To Do

There is no shortage of recreational activities, with parks, cafes, and social hubs. The community regularly hosts events and activities, allowing residents to enjoy a vibrant lifestyle filled with social opportunities.

Vibrantly Diverse

8. Noise Levels

Most areas within Green Lakes 2 maintain a peaceful atmosphere, with noise levels from surrounding traffic being minimal. This tranquility makes it an ideal place for families and individuals seeking a calm environment.

Generally Peaceful

9. Pet Friendliness

The community is very welcoming to pets, with numerous parks and walking areas designated for animals. Many residents are pet owners, which fosters a friendly environment for pets and their owners alike.

Warmly Accommodating

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Key Information

Developer:  Asam Investments & Real Estate

Building Type: Residential

Building Age: 17 years(completed in 2007)

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 39

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

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