Global Lake View in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Global Lake View

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	42	17,908	750,000

Rents in Global Lake View

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	45	843	37,667
1	65	615	40,000
2	97	876	85,000

The cap rate (rental yield) of investments into Global Lake View project is 5.6% on average.

The price of an apartment in Global Lake View is 17,908 AED/sqm on average.

The long term rent of an apartment in Global Lake View is 804 AED/sqm/year on average.

Price for completed Studio apartment in Global Lake View is 750,000 AED or 17,908 AED/sqm.

Rent for Studio apartment in Global Lake View is 37,667 AED or 843 AED/sqm.
Rent for 1 bedroom apartment in Global Lake View is 40,000 AED or 615 AED/sqm.
Rent for 2 bedroom apartment in Global Lake View is 85,000 AED or 876 AED/sqm.

About Global Lake View

'Global Lake View' in 'Jumeirah Lakes Towers' area project description

Global Lake View is a luxurious residential project located in Dubai, UAE. The project is developed by Global Group, a renowned real estate developer in the region. It is located in the heart of Dubai, in the Jumeirah Lakes Towers (JLT) area, offering stunning views of the lake and the city skyline.

The project consists of two towers, each with its own unique design and features. The first tower is a 40-storey building with a total of 486 residential units, ranging from studio apartments to four-bedroom penthouses. The second tower is a 30-storey building with a total of 252 residential units, ranging from studio apartments to three-bedroom penthouses.

The project offers a wide range of amenities and facilities to its residents, including a fully-equipped gym, a swimming pool, a sauna, a Jacuzzi, a steam room, a children's play area, a multi-purpose hall, a business center, a convenience store, and a 24-hour security system. The project also features a landscaped garden, a jogging track, and a basketball court.

The project is conveniently located close to a number of shopping malls, restaurants, and other entertainment venues, making it an ideal place to live for those who want to be close to the city's attractions. The project is also close to the Dubai Metro, making it easy for residents to commute to other parts of the city.

Global Lake View is a luxurious residential project that offers its residents a unique living experience. With its stunning views of the lake and the city skyline, its wide range of amenities and facilities, and its convenient location, it is the perfect place for those who want to live in the heart of Dubai.

Q&A on Global Lake View

What are the advantages of 'Global Lake View' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Global Lake View is located in the heart of Dubai, providing easy access to the city’s major attractions and amenities.

2. Luxury Amenities: The project offers a range of luxury amenities, including a swimming pool, gym, spa, and a private beach.

3. High-End Finishes: The apartments feature high-end finishes, such as marble flooring, custom cabinetry, and modern appliances.

4. Affordable Prices: The project offers competitive prices for luxury apartments, making it an attractive option for real estate buyers.

5. High Rental Yields: The project offers high rental yields, making it an ideal investment for real estate buyers.

6. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay in installments.

What projects are better than 'Global Lake View' project in Dubai which are located close by, and why?

- Almas Tower: Renowned for its prime location and premium office spaces, Almas Tower offers superior amenities and stunning views, making it highly desirable for businesses and investors.

- Cluster D (Indigo, Lake Terrace, Lake City Towers): These towers offer high-quality residential units with excellent facilities, such as swimming pools, gyms, and retail outlets, along with easy access to the metro station.

- One JLT: A prestigious office building that provides state-of-the-art facilities and a prime location within the JLT area, ideal for high-profile businesses seeking a modern workspace.

- Bonnington Tower: Known for its luxury serviced apartments and five-star hotel services, it provides an upscale living experience, along with a range of dining and leisure options.

- Cluster R (Al Waleed Paradise, Madina Tower, Saba Towers): These residential buildings are known for their superior build quality, modern amenities, and convenient access to retail areas and transportation.

- Cluster C (Goldcrest Executive, Fortune Executive, Palladium): Offers a mix of residential and commercial spaces with top-notch facilities and close proximity to major road networks and public transportation.

- Dubai Gate 1: Features high-end residential units with excellent facilities including a health club, sauna, and steam room, ensuring a luxurious lifestyle for its residents.

- Cluster J (Jumeirah Bay X1, X2, X3): These towers provide a range of office and residential spaces with modern amenities and panoramic views of the lakes and Dubai skyline.