Laguna Tower
Properties for Sale in

Laguna Tower

About the project

Laguna Tower is a multifunctional complex, which includes a five-star hotel Movenpick Hotels and blocks of residential residences. The project was implemented by the developer IFA Hotels & Resorts. The high-rise building has 40 floors and two-level underground parking. It was commissioned in 2011.

There are 296 residential units in the building: studios, 1, 2, and 3-bedroom apartments and penthouses of different sizes and layouts. There is a view to Jumeirah Lakes Towers area and Lake Lakes Almas West.

Residents have access to all the benefits of the complex’s infrastructure:

  • 24 hour security with video surveillance;
  • 24/7 concierge service;
  • underground parking for 440 cars;
  • a conference room for events;
  • a cleaning service;
  • a fitness center;
  • a spa;
  • a sauna;
  • a restaurant;
  • a children’s area;
  • a swimming pool.

The 615 sq. ft (57 sq. m) studios include a bedroom area, an open-plan kitchen, a living room, a bathroom, and a balcony. The minimum price is AED 730,000 (USD 197,100).

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Location

Laguna Tower Complex is located in Jumeirah Lakes Towers next to Dubai’s main thoroughfare – Sheikh Zayed Rd. DMCC Metro Station is just an 8-10 minute walk from the apartments. Therefore, from here you can easily reach the key sites and attractions of the city.

Dubai International Airport and Al Maktoum International Airport are approximately 25-35 minutes away by car.

Dubai Marina and Marina Beach are a 5-8 minute drive away.

The Business Bay district is a 15-minute drive away. Nearby is Downtown Dubai and popular attractions: Burj Khalifa skyscraper, Dubai Fountain show, Dubai Mall Aquarium and Underwater Zoo.

It is just a 15-20 minute drive to the Dubai Expo 2020 exhibition center.

Ibn Battuta Mall is a 5-minute drive away. There you can find entertainment for the whole family: stores, food courts, cinema, children’s center.

Emirates Golf Club is 10 minutes away.

Various stores, cafes, restaurants, and beauty salons are within walking distance.

Baby Home Nursery JLT, Kids Kingdom Nurseries JLT, Three Little Fingers Learning Center and Derma One Medical Center, Dr K Medical Center DMCC are a 3-5 minute walk away.

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Payback

The project has a 6.38% return on investment. The average cost of a long-term lease for a one-bedroom apartment is AED 66,000 (USD 17,820) per year.

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