New Projects Community Insights Building Insights
Market AI
Resource

Buiding

/

Lake View Tower, JLT

Lake View Tower, JLT

Primary slide
Primary thumbnail
Jumeirah Lake Towers (JLT), Cluster D, Dubai

View on Map

-

Strengths

Scenic Views

Prime Location

Modern Facilities

Weakens

Traffic Congestion

Noise Levels

Limited Parking

View Full Details

Buildign Overview

Summary

  • Lake View Tower is situated in the vibrant Jumeirah Lake Towers (JLT) community, offering stunning views of the surrounding lakes and skyline.
  • The tower boasts proximity to key facilities like grocery stores, restaurants, and cafes, enhancing the convenience for residents.
  • Accessible via the Dubai Metro and major roadways, this building is well-connected to various parts of the city, including business districts and leisure spots.
  • Compared to nearby high-rises, Lake View Tower stands out for its modern design and premium amenities.

Properties Overview

  • The tower features a diverse range of units, including one- to three-bedroom apartments, catering to a variety of lifestyles.
  • Popular units within the building include spacious two-bedroom layouts, ideal for families and professionals alike.
  • Average rental prices range from AED 70,000 to AED 140,000 per year, while sales prices typically fall between AED 900,000 and AED 2,500,000, depending on unit size and floor level.

Market Trends

  • Over the past year, rental prices in Lake View Tower have experienced a moderate increase, reflecting a steady demand for residential options in JLT.
  • Current market analysis reveals positive trends with an estimated return on investment (ROI) of approximately 7%, appealing to investors.
  • Looking ahead, forecasts suggest stable growth in property values, driven by ongoing development in the surrounding area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy close proximity to numerous essential services, including supermarkets, healthcare facilities, and schools.
  • Notable institutions and clinics are just a short drive away, ensuring convenience for families with children.

Transportation and Accessibility

  • Lake View Tower is strategically located near the JLT Metro Station, providing easy access to public transport routes.
  • Ample parking spaces are available within the building, catering to residents with private vehicles.

Lifestyle Amenities

  • The community offers a multitude of lifestyle amenities, including fitness centers, swimming pools, and outdoor parks.
  • A variety of dining options and entertainment venues are located within walking distance, enhancing the overall living experience.

Builing Facilities

  • Lake View Tower features modern facilities, including high-speed elevators, 24/7 security, and centralized air conditioning.
  • Maintenance services are readily available, ensuring a hassle-free living environment for residents.

Special Services

  • Additional perks include concierge services, guest services, and access to business centers, making it ideal for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Offering a variety of floor plans, Lake View Tower caters to both renters and buyers with options ranging from compact studios to spacious three-bedroom apartments.

Things to Consider

  • Potential residents should evaluate their lifestyle needs, budget, and desired amenities before committing to a move.
  • Investors should consider market trends, property management options, and the potential for rental yields.

Useful FAQs and Support

Events and Building Life

Building Events

  • Lake View Tower hosts regular community events, fostering a sense of belonging among residents and encouraging social interaction.

Community Identity

  • The building is renowned for its cosmopolitan atmosphere and vibrant community, making it a desirable location for diverse residents.

See more

Detailed Buiding Insights

1. Family Friendliness

Lake View Tower offers family-friendly amenities such as parks and recreational areas nearby, making it suitable for families, though some families might prefer more dedicated children's facilities.

Moderately Welcoming

2. Living Options

The tower provides a variety of living options, including studios, one and two-bedroom apartments, which cater to singles and families alike.

Diverse Choices

3. Safety And Security

24/7 security personnel and surveillance cameras ensure residents feel safe, contributing to a secure living environment.

Highly Secure

4. Transportation

The location is well-connected to public transport options such as the metro, and major roadways making commutes manageable.

Conveniently Accessible

5. Amenities And Facilities

Residents can enjoy a swimming pool, fitness center, and communal lounge areas, enhancing the quality of living.

Well-Equipped

6. Cost Of Living

Compared to similar properties in JLT, the rent and maintenance fees are competitive, making it a reasonable choice for many.

Relatively Affordable

7. Things To Do

Close proximity to shopping centers, dining options, and leisure activities ensures residents have plenty to do in their free time.

Vibrantly Active

8. Noise Levels

Most residents report a peaceful environment, with occasional noise from nearby businesses, but overall a serene place to live.

Generally Tranquil

9. Pet Friendliness

While the tower allows pets, there are specific restrictions and limited pet-friendly spaces which might not suit all pet owners.

Moderately Accommodating

Schools

All
Please wait..

Congratulations!

If you call this place home or have lived here in the
past, we need your review.

Transport & Places

Distance calculator

Explore AI

Discover homes with Stellar AI

Show me buildings near excellent schools
Show me buildings near excellent schools

Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 15 years(completed in 2009)

Unit Types : Studio, 1 and 2-bedroom apartments and 4-bedroom penthouses

Floors: 40

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

Near by Buildings

Residential Tower

Cluster A, Jumeirah Heights

Dubai, Jumeirah Heights
Residential Tower

Goldcrest Executive, JLT

Avg Price for sale: 767.4K AED

Avg Price for rent: 64.3K AED

Dubai, Jumeirah Lake Towers (JLT), Cluster C
Residential Tower

Laguna Tower, JLT

Avg Price for rent: 76.5K AED

Dubai, Jumeirah Lake Towers (JLT), Cluster A
Residential Tower

New Dubai Gate 2, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster R
Residential Tower

Lakeside Residence, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster O

Stellar AI

Beta - Demo

What can I help with?

This feature will be available shortly

Ask any question or choose one of the following:

AED

Beds

Baths

Applied Filters:

..............

See All Homes

We found homes in this area. Click the button below to see them all on our search page.

Loading Data...

Please Wait, it takes some time
AED

Beds

Baths

No Data Found

Unfortunately, we couldn't find any data matching your search criteria at this time.

          

Landmark

Enter area
Max distance
Beds
Price