Studio, Lake View Tower
Dubai, JLT, Lake View Tower
39 m²
Property area
2009
Construction year
27 out of 36
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$186 301 ($4 777/m²)
680 000 AED
DMCC
Rental yield: 8,72%
3-min walk
Price growth rate per year: 12%
TOTAL INVESTMENT AMOUNT: $213 551
  • Unit price: $186 301
  • Renovation price: $1 370
  • Furnishings: $8 219
  • Commission: $3 912
  • DLD fee payment: $7 611
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $822
  • Manager cheque: $2 795

TOTAL RENTAL YIELD PER YEAR: $27 945
  • Rent payments: $2 329 (per month) / $27 945 (per year)

EXPENSES PER YEAR: $9 332
  • Service charge: $2 121
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $4 192

NET RENTAL YIELD PER YEAR: $18 614
or 8,72%
Beach
25-min walk
Spacious apartment, panoramic windows, balcony with lake view.

Lake View Tower is a 40-story residential tower by DAMAC located in JLT Cluster B and built in 2009. The development is located close to the DMCC metro station. The lower tower floors have restaurants, cafes and stores.

3-minute walk to DMCC metro station, 25-minute walk to the beach

  • Studio
  • 1 bathroom
  • 1 spacious balcony with lake view
  • Area: 39 sqm
  • 27th floor (out of 36)
  • Skyscrapers & lake views
  • Unfurnished
  • Vacant

Key tower features:
  • Swimming pool with panoramic skyscraper & lake views
  • Sauna, jacuzzi, hammam
  • 2 gyms (separate for women and men)
  • Large barbecue area
  • Clothing store and spa area in the tower
  • Good transportation accessibility
Jumeirah Lake Towers is a perfect neighborhood for both investment and living, located in the heart of Dubai. It is an exceptionally quiet community with serene lakes and green parks. JLT is strategically located between Dubai Marina and Jebel Ali, making it an ideal location for those seeking convenience and affordability.

JLT is eco-friendly, as it was constructed around 3 man-made lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.

The community is awesome in regards to transport accessibility: it has 2 metro stations and an exit on Sheikh Zayed road, the beaches are literally 15 minutes away, and the Dubai Marina Mall is nearby, just 5 minutes away by car.

It also has an extensive infrastructure: 2 universities, several kindergartens, an abundance of supermarkets and medical centers. You can easily walk to the Marina and its beaches.