JLL Capital Markets has successfully advised on the sale of a fully occupied serviced apartment tower in Arjan, Dubai, marking a milestone cross-border transaction that reflects rising global institutional interest in the UAE’s real estate sector.
Key Highlights:
Strategic Transaction & Global Capital Inflows
- JLL advises on the sale of a prime serviced apartment tower in Dubai’s Arjan district.
- The deal showcases strong global investor appetite for Dubai’s income-generating residential assets.
- Marks the first operational acquisition in the GCC by a leading European institutional investor.
- Follows JLL’s recent landmark advisory on the Antara Residential Compound sale in Riyadh.
Property & Location Features
- The tower includes 130 fully furnished serviced apartments comprising 1–2 bedroom units.
- Features lifestyle amenities including an outdoor pool, fitness centre, and modern recreational spaces.
- Located at the intersection of Sheikh Mohammed Bin Zayed Road and Umm Suqeim Road, offering excellent citywide connectivity.
- The asset is fully occupied, demonstrating consistent rental demand.
JLL’s Advisory Strength
- JLL Capital Markets leveraged its global investor network to match international capital with UAE opportunities.
- Demonstrates JLL’s ability to deliver cross-border investment solutions and high-value advisory services.
- Reinforces Dubai’s status as a premier global real estate investment destination, supported by stable yields and strong capital appreciation potential.
Leadership Insights
- Fadi Moussalli stated that the deal highlights JLL’s capability to connect global investors with standout regional assets.
- James Allan stated that Dubai’s maturity, stability, and growing income potential continue to elevate institutional investor confidence.
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