Jumeirah Lake Towers is one of the most sought-after districts in Dubai for those interested in real estate investments. Jumeirah Lake Towers has features that are well-regarded by experts, who recommend this area as the ideal place to find a residence for living or investment purposes.
In this area, skyscrapers combine with artificial lakes, creating the perfect setting for families, students, and investors to choose to live there. JLT, as this neighborhood is also known, has a privileged location on Sheikh Zayed Road, next to Dubai Marina, Emirates Hills, Jumeirah Heights, Jebel Ali, and Al Sufouh. It is also close to the commercial districts of Dubai Media City and Dubai Internet City.
The best options for 200,000 euros in Jumeirah Lake Towers for rental investment
In Jumeirah Lake Towers, there are real estate promotions that make investments here profitable. These locations are ideal for those who want to rent these apartments or homes as AirBnb, achieving a return on investment of between 6% to 8%, by paying an amount that may reach 200,000 euros.
Among the offerings in this area is the Me Do Re 2 tower, which boasts the best amenities and homes costing no more than 200,000 euros for one, two, or even three bedrooms. This project, which is still under construction, is located in front of the main lake of JLT and offers an accessible payment plan with 0% interest, requiring a down payment of 20%, 40% upon completion, and the remainder in 48 months after delivery.
Upper House, the most affordable option within Jumeirah Lake Towers
Upper House is one of the most ambitious projects in Jumeirah Lake Towers, where studios are available for less than 189,000 euros, spread across two impressive towers in the center of this district. These buildings have 36 floors each, with five for parking and 31 residential levels. The amenities in this development are resort-like, allowing residents and vacationers to access the best services of JLT.
This complex features a 37-meter pool, spa, sports stadiums, and even its own cinema. These towers will offer studios as well as apartments of up to three bedrooms, which can be purchased with a flexible payment system requiring 20% upfront and multiple 5% installments until the project is completed.
The advantages of living in Jumeirah Lake Towers
In addition to the options presented, JLT has a wide variety of apartments for sale and rent, with prices varying according to size and needs. Moreover, this place offers a series of advantages that make life there more pleasant due to its multicultural residents, making it an excellent place to invest.
Rental prices in this area range from 50,000 dirhams per year (12,900 euros), making it an ideal opportunity to earn money geared toward tourism. This location is also perfect for living as it offers offices, restaurants, hotels, and services and the chance to enjoy all amenities without needing to go to other areas. It also has a 55,000 square meter park with playgrounds for children, a basketball court, an outdoor gym, restaurants, and a green space for relaxation.
