Lake Shore Tower in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Lake Shore Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	135	11,981	1,615,000

Rents in Lake Shore Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	73	1,096	80,000
2	138	922	127,000

The cap rate (rental yield) of investments into Lake Shore Tower project is 7.8% on average.

The price of an apartment in Lake Shore Tower is 11,981 AED/sqm on average.

The long term rent of an apartment in Lake Shore Tower is 938 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Lake Shore Tower is 1,615,000 AED or 11,981 AED/sqm.

Rent for 1 bedroom apartment in Lake Shore Tower is 80,000 AED or 1,096 AED/sqm.
Rent for 2 bedroom apartment in Lake Shore Tower is 127,000 AED or 922 AED/sqm.

About Lake Shore Tower

'Lake Shore Tower' in 'Jumeirah Lakes Towers' area project description

Lake Shore Tower is a luxurious residential project located in Dubai Marina, one of the most sought-after locations in the city. The project is developed by Dubai Properties, a leading real estate developer in the region. It is a high-rise tower that offers stunning views of the Arabian Gulf, Palm Jumeirah, and the iconic Burj Al Arab.

The tower is a part of the Dubai Marina development, which is a waterfront community in Dubai. It is surrounded by a number of amenities such as restaurants, cafes, shopping malls, and entertainment venues. The project features a total of 488 apartments, ranging from one-bedroom to four-bedroom units. All the apartments are designed to provide maximum comfort and luxury, with spacious living areas, modern kitchens, and en-suite bathrooms.

The tower also features a range of amenities for its residents, including a swimming pool, a gym, a sauna, and a steam room. The building also has a 24-hour concierge service, a business center, and a children’s play area.

The project is located close to a number of attractions, including the Dubai Marina Mall, the Dubai Marina Walk, and the Jumeirah Beach. It is also close to the Dubai Metro, making it easy for residents to access other parts of the city.

Lake Shore Tower is an ideal choice for those looking for a luxurious lifestyle in Dubai. With its stunning views, modern amenities, and convenient location, it is the perfect place to call home.

Q&A on Lake Shore Tower

What are the advantages of 'Lake Shore Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Lake Shore Tower is located in the heart of Dubai Marina, one of the most sought-after residential areas in the city. It is close to the beach, shopping malls, restaurants, and entertainment hubs.

2. Luxury Amenities: The project offers a range of luxurious amenities, including a swimming pool, gym, sauna, steam room, and a jacuzzi.

3. High Quality Finishes: The apartments are finished to a high standard with modern fixtures and fittings.

4. Affordable Prices: The apartments are priced competitively, making them an attractive option for real estate buyers.

5. Flexible Payment Plans: The developers offer flexible payment plans, making it easier for buyers to purchase their dream home.

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

1. Bonnington Tower:
- Proximity: Close to Lake Shore Tower, in Jumeirah Lakes Towers (JLT) area.
- Amenities: Five-star hotel amenities, serviced apartments, high-end restaurants, and bars.
- Reputation: Recognized for luxury and quality service.

2. Almas Tower:
- Proximity: Iconic building in JLT, near Lake Shore Tower.
- Usage: Mixed-use development; predominantly office space with high-end commercial facilities.
- Distinctive Features: Tallest tower in JLT, offering exceptional views and premium office spaces.

3. Cluster I - Indigo Tower:
- Proximity: Situated in JLT, next to Lake Shore Tower.
- Architectural Design: Contemporary architecture with stylish interiors.
- Residential Quality: Superior build quality and a range of apartment options.

4. Cluster T - Al Seef Towers:
- Proximity: Nearby in JLT.
- Space and Layout: Larger apartments with spacious layouts, high ceilings, and modern finishes.
- Family-Friendly: Design and amenities cater more to family living.

5. Cluster D - Goldcrest Views:
- Proximity: Close to Lake Shore Tower.
- Innovative Facilities: Advanced recreational facilities, including a rooftop swimming pool, state-of-the-art gym, and dedicated children's play area.
- Lifestyle: Offers a more upscale lifestyle with comprehensive community amenities.

6. Cluster C - Mag 214:
- Proximity: Within JLT, adjacent to Lake Shore Tower.
- Community Vibe: Strong sense of community with various social and recreational activities.
- Lake Views: Exceptional views of the lakes and surrounding areas.

7. Cluster E - Saba Towers:
- Proximity: Nearby in JLT.
- Mixed-Use: Offers both commercial and residential spaces with high demand.
- Operational Efficiency: Known for efficient management and excellent maintenance services.

These projects generally offer superior amenities, better architectural designs, or enhanced lifestyle options compared to Lake Shore Tower, making them attractive alternatives for prospective residents or investors.

What are the closest schools to 'Lake Shore Tower' project in Dubai?

GEMS Wellington Primary School is located in Al Satwa, approximately 15 kilometers away from Lake Shore Tower.

Dubai British School is located in The Springs, around 5 kilometers from Lake Shore Tower.

Emirates International School Meadows is situated in The Meadows, about 4 kilometers from Lake Shore Tower.

Dubai International Academy is located in Emirates Hills, roughly 3 kilometers from Lake Shore Tower.

American School of Dubai is in Al Barsha, around 10 kilometers from Lake Shore Tower.

What are the closest medical clinics to 'Lake Shore Tower' project in Dubai?

1. Armada Medical Centre - located in Armada Tower 2, Cluster P, Jumeirah Lakes Towers (JLT), Dubai.
2. Mediclinic Meaisem - located in The Meadows Souk, Springs 5, Dubai, which is a short drive from JLT.
3. Aster Clinic, JLT - located in Almas Tower, Cluster T, Jumeirah Lakes Towers (JLT), Dubai.
4. Dr. K Medical Center - located in Dome Tower, Cluster N, Jumeirah Lakes Towers (JLT), Dubai.

These clinics are within a short distance from Lake Shore Tower, providing accessible healthcare options for residents.