Lake View Tower
About the project
(sq. ft.)
Lake View Tower is a 40-storey residential complex located in Jumeirah Lakes Towers, Cluster B, Dubai. The development was completed in 2009 and is situated near Lake Almas West. The project was developed by DAMAC Properties, a well-known Dubai-based company, and the architectural design was implemented by WBTL Architects LLP.
There are a total of more than 400 residential units, including studios, one- to two-bedroom apartments, and penthouses. Properties have a minimum size of 420 sq. ft. The residences have equipped kitchens and modern bathrooms, as well as balconies and panoramic windows that overlook Lake Almas. Penthouses come with two parking spaces and private elevator access.
The complex provides a variety of amenities and services, including:
- Separate fitness centres for women and men
- Jacuzzi, sauna, and steam room
- Swimming pools for adults and children
- Security and video surveillance
- Three levels of underground parking
- Four high-speed elevators
Studios have a starting price of AED 430,000 (USD 117,000) and an annual rental rate of approximately AED 36,000 (USD 10,000).
*The price is valid for 2021
Property Information
- Location Jumeirah Lake Towers, Dubai, UAE
- Developer DAMAC
- Status of Project Ready
- Type of Project Residential Building
- Units Studios -2BR Apartments
- Area from 420
- Total Amount of Units 400
Location
Jumeirah Lake Tower is part of a popular mixed-use residential area in Dubai. It is located near four artificial lakes and a park. Together with Wind Towers 1 and 2, the complex makes up the JLT Cluster B community. Residents have easy access to Lake Almas West, as well as Sheikh Zayed Road, one of Dubai’s main thoroughfares, which provides excellent access to Dubai Marina.
The DMCC Metro Station can be reached within a five-minute walk of the tower, and the nearest bus stops, DMCC and JLT Silver Tower, are situated within a 10-minute walk. Yin & Yang Restaurant, Kaek Kaeeek Restaurant, Carrefour Supermarket, Spinneys, and Green Bean Store are also located within walking distance.
The complex is situated within a 15-minute walk of several key facilities, including:
- Dewdrops and Learning Ladders Kindergarten
- Oakfield Early Learning Center
- Dr. K DMCC Medical Centre
- Jumeirah Lake Towers Park
Dubai Marina Mall, the Walk JBR, Dubai Marina Beach, and Bluewaters Island Resort can be reached within a 10- to 15-minute drive of the residences. Downtown Dubai is located within a 20-minute drive, and Dubai International Airport and Al Maktoum International Airport are situated within a 30-minute drive.
Return on investment
Lake View Tower offers properties that are ideal for individuals, professionals, families, and tourists. Its convenient location provides residents with quick access to the city’s business districts and attractions. There are many social facilities located within walking distance of the tower.
Studios have a return on investment rate of 8.6%, and one-bedroom apartments have a return rate of 7.4%.
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Metropolitan Premium Properties
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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