Jumeirah Lake Towers (JLT) is a multifunctional district of Dubai, which is considered to be the most profitable in inexpensive apartments. The area of the district is 1.8 sq. km, on which there is both residential real estate of different prestige and size, and commercial real estate. There is a park area with 3 artificial lakes on the territory. 80% of the district was commissioned in 2011, but the district continues to be built and developed to this day.
The JLT district provides an opportunity for buyers to purchase real estate of different classes and values, ranging from inexpensive studios to premium penthouses. The most profitable investments in this area are studios, with the purchase of which you can get an average of 7.3-8.0% per annum.
• Recognized as the best freehold zone by the Financial Times fDi Magazine;
• Favorable conditions for registration and licensing;
• 80% of the buildings were commissioned in 2011, but many objects are still under construction;
• The infrastructure of the district provides a large number of kindergartens, schools, as well as public institutions that are within walking distance;
• There are a large number of medical institutions in the water, such as Doctor Anus, German Clinic;
• JLT is classified as a calm, quiet area with good transport infrastructure;
• The return on investment for the district is 7.3-8.0% for studios;
• A wide selection of real estate with relatively low prices.
The JLT area is located east of Dubai Marina, along Sheikh Zayed Road. From this area, residents can easily reach the main roads of Dubai. There are 2 circular bus routes running through the district – JLT 1 and 2.