ME DO RE in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in ME DO RE

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	58	23,043	1,325,000
3	208	22,647	4,700,000

Rents in ME DO RE

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	110	1,364	150,000
2	144	1,319	190,000

The cap rate (rental yield) of investments into ME DO RE project is 5.8% on average.

The price of an apartment in ME DO RE is 22,733 AED/sqm on average.

The long term rent of an apartment in ME DO RE is 1,339 AED/sqm/year on average.

Price for completed Studio apartment in ME DO RE is 1,325,000 AED or 23,043 AED/sqm.
Price for completed 3 bedroom apartment in ME DO RE is 4,700,000 AED or 22,647 AED/sqm.

Rent for 1 bedroom apartment in ME DO RE is 150,000 AED or 1,364 AED/sqm.
Rent for 2 bedroom apartment in ME DO RE is 190,000 AED or 1,319 AED/sqm.

About ME DO RE

'ME DO RE' in 'Jumeirah Lakes Towers' area project description

'ME DO RE' is a captivating real estate project located in the highly sought-after Jumeirah Lakes Towers (JLT) area in Dubai. This development stands out not just for its modern architecture but also for the host of amenities designed to cater to both residents and investors. JLT is renowned for its dynamic community, comprising a mix of residential, commercial, and retail spaces, and 'ME DO RE' fits seamlessly into this vibrant environment.

The architecture of 'ME DO RE' is a blend of contemporary design and functionality, aiming to provide both aesthetic appeal and practical living spaces. The building features a sleek, high-rise structure with a façade that reflects the serene lakes and lush green landscapes surrounding JLT. Large glass windows and balconies maximize natural light and offer panoramic views of the Dubai skyline and the tranquil waters of the lakes.

Inside, 'ME DO RE' offers a variety of residential units including spacious studios, one-, two-, and three-bedroom apartments. Each unit is designed with modern living in mind, featuring open-plan layouts, high-quality finishes, and smart-home technologies. Kitchens are equipped with top-of-the-line appliances, and bathrooms boast luxurious fittings. The interiors are crafted to exude a sense of comfort and sophistication, appealing to discerning buyers and renters alike.

One of the highlights of 'ME DO RE' is its extensive range of amenities, catering to a premium lifestyle. Residents can enjoy a state-of-the-art fitness center, a temperature-controlled swimming pool, and a beautifully landscaped garden area. For those seeking relaxation, there is a dedicated spa and wellness center offering various treatments and therapies. Families are well-catered for with children's play areas, and business professionals can take advantage of fully-equipped meeting rooms and co-working spaces.

The development is strategically located within JLT, providing easy access to key areas of Dubai. It is a short drive from major attractions like Dubai Marina, Palm Jumeirah, and Mall of the Emirates. The community is well-connected through public transport, including the Dubai Metro, making commuting convenient. Additionally, JLT is home to numerous dining, shopping, and entertainment options, contributing to a vibrant lifestyle for 'ME DO RE' residents.

Security is a top priority, with 24/7 surveillance and concierge services ensuring a safe and comfortable living environment. Parking is ample and easily accessible, adding to the convenience for residents who own vehicles.

Overall, 'ME DO RE' in Jumeirah Lakes Towers embodies the essence of sophisticated urban living, merging luxury with convenience, making it a prime choice for those looking to invest in Dubai's booming real estate market.

Q&A on ME DO RE

What are the advantages of 'ME DO RE' project in Dubai for property buyers? What are the disadvantages?

Advantages of the 'ME DO RE' project in Jumeirah Lakes Towers (JLT), Dubai, for property buyers:

1. Prime Location: JLT is strategically located with easy access to key areas of Dubai, including Dubai Marina, JBR, and Palm Jumeirah, offering both convenience and an excellent lifestyle.
2. Amenities: Residents can benefit from numerous amenities such as swimming pools, gyms, landscaped gardens, and recreational areas, enhancing their quality of living.
3. Connectivity: JLT has its own Metro station, and the area is well-connected by major roads, making commuting hassle-free.
4. Business Hub: Close proximity to major business centers like Dubai Media City, Dubai Internet City, and Jumeirah Islands, making it an attractive location for professionals.
5. Investment Potential: JLT is known for steady real estate appreciation, presenting a good opportunity for long-term investment.
6. Lifestyle Options: The area features a mix of residential, commercial, and recreational amenities, along with a variety of dining and retail options.
7. Diverse Community: JLT is home to a culturally diverse community, offering a cosmopolitan lifestyle.
8. Waterfront Views: Many units offer stunning lake views, adding to the aesthetic appeal and desirability of the properties.
9. Pet-Friendly: Some areas and towers in JLT are pet-friendly, which is a significant advantage for pet owners.

Disadvantages:

1. Traffic Congestion: JLT can experience heavy traffic, particularly during peak hours, which may lead to delays and inconvenience.
2. Construction Noise: Ongoing developments in surrounding areas can lead to construction noise and disruption.
3. Service Charges: High service and maintenance charges are prevalent in JLT, which can be a financial burden for homeowners.
4. Parking Issues: Although many buildings provide parking spaces, finding additional or visitor parking can sometimes be challenging.
5. Humidity: Being close to water bodies can mean higher humidity levels, which might be uncomfortable for some residents.
6. Regulation Changes: Potential changes in Dubai’s property laws and regulations can impact property ownership and investment terms.
7. Limited Green Areas: Compared to other parts of Dubai, JLT has relatively fewer green spaces.
8. High Competition: The presence of numerous residential projects in the area means high competition, which could impact rental yields.

Considering both the advantages and disadvantages can help potential buyers make an informed decision regarding the 'ME DO RE' project in JLT, Dubai.

What projects are better than 'ME DO RE' project in Dubai which are located close by, and why?

- Almas Tower: Known for its prime location within JLT, Almas Tower offers premium office spaces and state-of-the-art facilities. It’s the centerpiece of the JLT development and offers excellent amenities, including high-end dining options and retail outlets.

- Bonnington Tower: Boasting a luxurious hotel and serviced apartments, Bonnington Tower is favored for its quality finishes and hospitality services. It has a prime location near metro stations and offers stunning views and a range of leisure facilities.

- Cluster W (Tiffany, Indigo, and Dubai Star Towers): These towers offer a mix of residential and commercial spaces. They are popular due to their proximity to parks, retail outlets, and dining options, offering a balanced lifestyle between work and leisure.

- O2 Residence: It stands out due to its eco-friendly design elements, including energy-efficient systems and lush landscaping. It’s a favorite for those seeking a sustainable living environment.

- Movenpick JLT: This project is known for its hotel-style amenities within a residential setting, including high-end dining, concierge services, and wellness facilities. It's ideal for residents looking for a luxurious living experience.

What are the closest schools to 'ME DO RE' project in Dubai?

1. Hult International Business School Dubai
- Location: Dubai Multi Commodities Centre (DMCC), Jumeirah Lakes Towers

2. Emirates International School Meadows
- Location: The Meadows, Emirates Hills

3. Dubai British School
- Location: Springs 3, Emirates Hills

4. American School of Dubai
- Location: Al Barsha

5. Dubai International Academy
- Location: Emirates Hills

6. Regent International School
- Location: The Greens

7. GEMS World Academy
- Location: Al Barsha South

8. IPS (International Private School)
- Location: Al Sufouh

These schools are relatively close to the 'ME DO RE' project in Jumeirah Lakes Towers, offering varied curricula and educational levels to suit different needs.

What are the closest medical clinics to 'ME DO RE' project in Dubai?

1. Armada Medical Centre: Located in Armada Towers, Cluster P, Jumeirah Lakes Towers.

2. Medcare Medical Centre JLT: Situated in Almas Tower, Cluster M, Jumeirah Lakes Towers.

3. Aster Clinic JLT: Found in the Dome Tower, Cluster N, Jumeirah Lakes Towers.

4. Life Medical Centre: Occupying office space in HDS Business Centre, Cluster M, Jumeirah Lakes Towers.

5. Noa Dental Clinic: Positioned in Swiss Tower, Cluster Y, Jumeirah Lakes Towers.

6. Medicentres JLT: Present in Red Diamond Building, Cluster Y, Jumeirah Lakes Towers.

7. Kaya Skin Clinic: Located in the Icon Tower, Cluster M, Jumeirah Lakes Towers.