Lakeside Residence in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Lakeside Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	75	8,114	608,461
2	100	17,576	1,750,000

Rents in Lakeside Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	74	1,203	89,000
2	102	1,101	112,582

The cap rate (rental yield) of investments into Lakeside Residence project is 9.5% on average.

The price of an apartment in Lakeside Residence is 11,889 AED/sqm on average.

The long term rent of an apartment in Lakeside Residence is 1,128 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Lakeside Residence is 608,461 AED or 8,114 AED/sqm.
Price for completed 2 bedroom apartment in Lakeside Residence is 1,750,000 AED or 17,576 AED/sqm.

Rent for 1 bedroom apartment in Lakeside Residence is 89,000 AED or 1,203 AED/sqm.
Rent for 2 bedroom apartment in Lakeside Residence is 112,582 AED or 1,101 AED/sqm.

About Lakeside Residence

'Lakeside Residence' in 'Jumeirah Lakes Towers' area project description

Lakeside Residence is a luxurious residential project located in Dubai, UAE. The project is developed by Emaar Properties, one of the leading real estate developers in the region. It is situated in the heart of Dubai, in the Dubai Marina area, and offers spectacular views of the Dubai Marina skyline and the Arabian Gulf.

The project consists of two towers, each with its own unique design. The towers are connected by a bridge, creating a unique and modern look. The towers are designed to maximize natural light, with large windows and balconies that offer stunning views of the city. The towers are also surrounded by lush landscaping and a tranquil lake, creating a tranquil and peaceful atmosphere.

The project offers a range of luxurious amenities, including a fully-equipped gym, swimming pool, sauna, steam room, and a spa. There is also a shopping mall, restaurants, and cafes, as well as a variety of entertainment options. The project also features a range of high-end residential units, with a variety of floor plans and sizes to choose from.

The project is conveniently located near the Dubai Marina Metro Station, making it easy to access the city’s attractions. It is also close to the beach and other attractions, such as the Dubai Mall and the Burj Khalifa.

Overall, Lakeside Residence is an excellent choice for those looking for a luxurious and modern lifestyle in Dubai. With its stunning views, luxurious amenities, and convenient location, it is the perfect place to call home.

Q&A on Lakeside Residence

What are the advantages of 'Lakeside Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Lakeside Residence is located in the heart of Dubai, offering easy access to major attractions, shopping malls, and entertainment venues.

2. Luxury Amenities: The project offers luxurious amenities such as a swimming pool, gym, spa, and a rooftop terrace.

3. High-Quality Construction: The project is built with high-quality materials and modern designs, ensuring a comfortable and stylish living experience.

4. Affordable Prices: The prices of Lakeside Residence are relatively affordable compared to other projects in the area, making it an attractive option for real estate buyers.

5. Investment Potential: The project has a high potential for capital appreciation, making it an attractive option for investors.

What projects are better than 'Lakeside Residence' project in Dubai which are located close by, and why?

1. Almas Tower
- Strategic Location: Centrally located in Jumeirah Lakes Towers, making it a prime location for businesses and professionals.
- Premium Facilities: High-end office spaces, conference facilities, and exclusive amenities tailored for corporate needs.

2. Cluster X (Jumeirah Bay Towers)
- Superior Design: Offers a mix of residential, commercial, and retail spaces with a modern architectural style.
- Amenities: Features state-of-the-art gymnasiums, swimming pools, and retail outlets, catering to residents' and workers' convenience.

3. Bonnington Tower
- Luxury Accommodation: Provides high-end serviced apartments and hotel facilities.
- Comprehensive Services: Includes various dining options, a leisure deck with a pool, and an array of concierge services.

4. Dubai Arch Tower
- Unique Architecture: Notable for its distinctive arch design, making it a landmark in the area.
- Versatile Offering: Has a mix of residential units, commercial spaces, and a variety of retail options on the ground floor.

5. Green Lakes Towers
- High-Quality Finish: Known for excellent construction quality and luxurious interiors.
- Environment-Friendly: Features energy-efficient systems and lush, landscaped surroundings.

6. Saba Towers
- Flexible Space: Offers both residential and commercial spaces with flexible floor plans.
- Accessibility: Conveniently located near metro stations and major roadways, enhancing connectivity.

7. Lake Terrace Tower
- Scenic Views: Provides stunning lake and waterfront views from most units.
- Recreational Amenities: Equipped with a health club, spa, and multiple recreational facilities, catering to an active lifestyle.

8. Icon Tower
- Modern Living: Features contemporary design and modern interiors.
- Community Feel: Positioned within a community-like setting with parks, lakes, and walking trails nearby.

9. Concorde Tower
- Comprehensive Lifestyle: Offers a mix of retail, residential, and office spaces.
- Community Integration: Close proximity to community centers and social hubs within JLT.

10. Tamweel Tower
- Exclusive Living: Smaller, more exclusive building with fewer units, resulting in a tight-knit community.
- Enhanced Security: Provides top-notch security features and personalized services.