Jumeirah Lake Towers Area Guide: Prices, Rents and What It's Like to Live There
Jumeirah Lake Towers, or JLT, suits renters and buyers who want a metro-served apartment opposite Dubai Marina at lower medians than the Marina itself, and people working in the DMCC free zone. DMCC, which develops and manages it, describes 87 towers around artificial lakes and a resident population of over 100,000 residents. Over the latest twelve months the median one-bedroom apartment sold for AED 1,880,000, from 1,212 sales, and rented for AED 80,000 a year, from 4,063 contracts.
Prices at a glance
| Bedrooms | Median sale price |
|---|---|
| Studio | AED 825,000 |
| One bedroom | AED 1,880,000 |
| Two bedrooms | AED 2,920,000 |
| Three bedrooms | AED 4,020,000 |
| Four bedrooms | AED 7,960,000 |
| Five bedrooms | AED 7,200,000 |
| Bedrooms | Median annual rent |
|---|---|
| Studio | AED 58,000 |
| One bedroom | AED 80,000 |
| Two bedrooms | AED 120,000 |
| Three bedrooms | AED 150,000 |
| Four bedrooms | AED 225,000 |
| Five bedrooms | AED 375,000 |
| Bedrooms | Median gross yield |
|---|---|
| Studio | 7% |
| One bedroom | 4.3% |
| Two bedrooms | 4.1% |
| Three bedrooms | 3.7% |
| Four bedrooms | 2.8% |
| Five bedrooms | 5.2% |
Source: BrickDXB analysis of DLD registered sales and Ejari contracts, twelve months, Jumeirah Lake Towers. Data as of .
All three tables show medians, not averages, for apartments in Jumeirah Lake Towers, from BrickDXB's analysis of DLD open data over the twelve months to its latest update. Sample sizes, by bedroom type: sale medians and gross yields rest on registered sales (studio 351 sales, one-bedroom 1,212 sales, two-bedroom 751 sales, three-bedroom 213 sales, four-bedroom 20 sales and five-bedroom 3 sales), and rent medians rest on Ejari contracts (studio 1,663 contracts, one-bedroom 4,063 contracts, two-bedroom 2,230 contracts, three-bedroom 580 contracts, four-bedroom 33 contracts and five-bedroom 13 contracts). A bedroom type with no figure has no published median in the source, and gross yield is median rent divided by median price, before costs. The four- and five-bedroom rows rest on very few sales, so treat them as indicative only. BrickDXB's JLT figures also include some villa and townhouse records, which we leave out because JLT is a tower district; which communities they come from is to be confirmed.
Ask us to check the DLD-approved service charge for a specific building.
Off-plan projects in Jumeirah Lake Towers
We found no off-plan project in JLT with a developer-published starting price on the pages we used, so this block is empty.
Popular buildings
| Building | Home type | Median price | Median annual rent | Gross yield | Registered sales (twenty-four months) | Rent contracts (twenty-four months) | Sample |
|---|---|---|---|---|---|---|---|
| Lake Terrace | one-bedroom apartment | AED 1,170,000 | AED 80,000 | 6.9% | 74 sales | 772 contracts | median price from 30 sales and median rent from 311 contracts for this home type |
| New Dubai Gate1 | one-bedroom apartment | AED 715,000 | AED 60,000 | 8.4% | 64 sales | 742 contracts | median price from 50 sales and median rent from 560 contracts for this home type |
| Lake View | one-bedroom apartment | AED 1,200,000 | AED 80,000 | 6.7% | 79 sales | 711 contracts | median price from 35 sales and median rent from 228 contracts for this home type |
| Gold Crest Views2 | two-bedroom apartment | AED 1,460,000 | AED 100,000 | 6.8% | 87 sales | 624 contracts | median price from 35 sales and median rent from 214 contracts for this home type |
| Armada Towers | one-bedroom apartment | AED 1,050,000 | AED 80,000 | 7.6% | 68 sales | 641 contracts | median price from 37 sales and median rent from 347 contracts for this home type |
| MBL Residence | one-bedroom apartment | AED 1,600,000 | AED 105,000 | 6.6% | 75 sales | 555 contracts | median price from 53 sales and median rent from 404 contracts for this home type |
| New Dubai Gate2 | one-bedroom apartment | AED 1,100,000 | AED 80,000 | 7.3% | 83 sales | 545 contracts | median price from 61 sales and median rent from 267 contracts for this home type |
| Lake City Tower | one-bedroom apartment | AED 982,000 | AED 72,000 | 7.3% | 76 sales | 499 contracts | median price from 52 sales and median rent from 353 contracts for this home type |
Source: BrickDXB building pages, DLD-registered sales and Ejari rent contracts over the last twenty-four months; data as of .
Buildings are ranked by registered transactions, meaning DLD-registered sales plus Ejari rent contracts over the last twenty-four months, as published on each building's BrickDXB page. Each row shows the median price, median rent and gross yield for the building's most-sold home type, with its own sample sizes; these medians, yields and samples also cover those twenty-four months, unlike the twelve-month area tables, and the source line gives the end date. This is a ranking of activity, not a list of every building or a recommendation.
Living in Jumeirah Lake Towers
Schools
DMCC's JLT site says there are no schools inside JLT but several nearby, including Dubai International Academy Emirates Hills, Regent International School and Emirates International School, all within about 15 min by car; nurseries such as Mosaic Nursery and Learning Ladder Nursery are inside the community. Check each school's curriculum, fees and current rating in the KHDA directory.
Healthcare
Armada Hospital in Cluster P describes itself as the only inpatient facility in JLT, and DMCC lists clinics including Aster Clinic in Cluster W and New Al Shifa Polyclinic in Cluster M. Check which hospitals and clinics your insurance covers.
Parks
DMCC lists parks, jogging tracks, outdoor gyms, sports courts, a skate park and two dog parks, with more than 300 restaurants and cafes around the lakes. Ask us which facilities are closest to a specific cluster.
Transport
JLT is served by 2 stations on the Red Line, DMCC and Sobha Realty, according to DMCC. Sheikh Zayed Road runs alongside, and DMCC says cycle tracks wrap around the lakes. Check the walk from your cluster to the nearest station, because some towers are much closer than others.
Commute times
DMCC does not publish drive times from JLT, so none are shown; the Red Line is the main public transport link.
Similar areas
Frequently asked questions
Is JLT freehold?
DMCC's JLT site says JLT is a freehold area where expats and foreign investors can buy apartments. Dubai's freehold regulation, which lists land by area and plot number, does not name JLT, and we have not matched it to a later instrument, so the designating instrument is to be confirmed. Check the exact unit in the DLD Property Status Enquiry before you sign or pay.
Who manages JLT?
DMCC, the Dubai Multi Commodities Centre, develops and manages the community under its governance framework, and JLT is part of the DMCC free zone. Individual towers come from different developers.
How many towers are in JLT?
DMCC describes 87 towers organised into 26 clusters, with a resident population of over 100,000 residents and a working population of around 120,000 people.
How much does a one-bedroom apartment cost in JLT?
The median registered sale price was AED 1,880,000, or a median AED 2,279/sq ft, from 1,212 sales over the latest twelve months. Individual towers can sit well above or below the median, so compare registered sales in the building you want.
What is the rent for a one-bedroom in JLT?
The median Ejari rent was AED 80,000 a year, from 4,063 contracts. The median for new leases was AED 81,000 and the median on renewals was AED 80,000; renewal increases are capped by the RERA rental index.
What rental yield do JLT apartments make?
Leaving aside the thin four- and five-bedroom samples, median gross yields ranged from 3.7% for a three-bedroom to 7% for a studio. These are historical gross figures before service charges, vacancy and fees, not a forecast or a promise of return.
Have prices in JLT gone up?
Yes, over the latest year: the median sale price per square foot was 5.6% higher than in the previous twelve months, according to BrickDXB's analysis of DLD registered sales. Look at the specific building and unit type rather than the community median.
Is there a metro in JLT?
Yes. DMCC says 2 stations on the Red Line serve JLT: DMCC station, formerly JLT, and Sobha Realty station, formerly Dubai Marina.
Are there schools in JLT?
DMCC says there are no schools inside JLT, though there are nurseries; several schools are within about 15 min by car. Check ratings in the KHDA directory.
What are service charges in JLT?
Each jointly owned tower has its own DLD-approved budget. Ask the seller for the latest statement, or ask us to check the approved figure for the building.