Saba Tower 2 in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Saba Tower 2

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	75	17,490	1,320,000
2	116	12,792	1,485,000

Rents in Saba Tower 2

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	49	1,281	62,333
1	74	1,162	85,684
2	102	1,324	135,000

The cap rate (rental yield) of investments into Saba Tower 2 project is 8.5% on average.

The price of an apartment in Saba Tower 2 is 14,643 AED/sqm on average.

The long term rent of an apartment in Saba Tower 2 is 1,240 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Saba Tower 2 is 1,320,000 AED or 17,490 AED/sqm.
Price for completed 2 bedroom apartment in Saba Tower 2 is 1,485,000 AED or 12,792 AED/sqm.

Rent for Studio apartment in Saba Tower 2 is 62,333 AED or 1,281 AED/sqm.
Rent for 1 bedroom apartment in Saba Tower 2 is 85,684 AED or 1,162 AED/sqm.
Rent for 2 bedroom apartment in Saba Tower 2 is 135,000 AED or 1,324 AED/sqm.

About Saba Tower 2

'Saba Tower 2' in 'Jumeirah Lakes Towers' area project description

Saba Tower 2 is a residential tower located in the heart of Dubai, United Arab Emirates. The tower is part of the larger Saba Towers complex, which is comprised of two towers and a retail podium. Located in the Jumeirah Lakes Towers (JLT) district, the tower is situated close to Dubai Marina, Dubai Media City, and the Palm Jumeirah.

Saba Tower 2 is a luxurious residential tower that offers stunning views of the Dubai skyline and the Arabian Gulf. The tower is comprised of two wings, each with its own lobby and amenities. The tower features a range of studio, one, two, and three-bedroom apartments, as well as duplexes and penthouses. All apartments come with high-end finishes and modern amenities.

The tower also features a range of amenities and facilities, including a swimming pool, gym, sauna, steam room, and Jacuzzi. There is also a children’s play area, a business center, and a multi-purpose hall. The tower also has a 24-hour security system and CCTV surveillance.

Saba Tower 2 is conveniently located close to a range of shopping, dining, and entertainment options. It is also close to a range of public transportation options, including the Dubai Metro, buses, and taxis.

Overall, Saba Tower 2 is an ideal choice for those looking for a luxurious and convenient place to live in Dubai. With its high-end finishes, modern amenities, and stunning views, the tower offers a unique living experience.

Q&A on Saba Tower 2

What are the advantages of 'Saba Tower 2' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Saba Tower 2 is located in the heart of Dubai Marina, one of the most sought-after locations in the city. It is close to the beach, shopping malls, restaurants, and other attractions.

2. Luxury Amenities: Saba Tower 2 offers a range of luxury amenities, including a swimming pool, gym, sauna, steam room, and a children’s play area.

3. High-Quality Finishes: The apartments in Saba Tower 2 are finished to a high standard, with modern fixtures and fittings.

4. Affordable Prices: Despite its prime location and luxury amenities, Saba Tower 2 offers competitive prices for real estate buyers.

5. Investment Opportunity: Saba Tower 2 is an ideal investment opportunity for real estate buyers, as it is likely to appreciate in value over time.

What projects are better than 'Saba Tower 2' project in Dubai which are located close by, and why?

- Almas Tower: This iconic tower is not only the tallest in Jumeirah Lakes Towers (JLT) but also its anchor. Known for its prime location and superior facilities, it houses the Dubai Multi Commodities Centre (DMCC) and offers premium office spaces with panoramic city views.

- Al Seef Towers: These towers provide larger residential apartments compared to many others in JLT, making them a preferred choice for families. They also boast high-end amenities and proximity to essential services.

- Bonnington Jumeirah Lakes Towers: A mixed-use development that includes a five-star hotel, serviced apartments, and residential units. Its hospitality services, coupled with luxury living spaces, offer a unique blend of convenience and opulence.

- O2 Residence: Known for its high-quality construction and eco-friendly design, it offers substantial living spaces with superior interior finishes. The building also includes leisure facilities such as a rooftop swimming pool and well-equipped gymnasium.

- Armada Towers: Comprising three towers, this development combines office, residential, and hotel spaces. Its strategic location near the Dubai Metro and various dining, retail, and entertainment options enhances its appeal.

- The Palladium: Offers a mix of residential and commercial spaces with modern amenities. Its architectural design, coupled with high-standard finishes, makes it a desirable option.

- Lake Terrace: This residential tower offers one, two, and three-bedroom apartments, with spectacular views of the lake and city. Its proximity to the metro station and extensive community facilities add to its advantages.

- Reef Tower: Primarily an office building with state-of-the-art facilities, it caters to businesses looking for high-quality office space. It features a unique architectural design and a strategic location within JLT.

- Goldcrest Views 1 and 2: These towers offer high-quality residential units with excellent amenities, including swimming pools, gyms, and barbecue areas. They are known for their luxurious living spaces and stunning lake views.

- V3 Tower: Offers residential apartments with modern finishes and various in-house amenities such as a swimming pool, gym, and children’s play area. Its design focuses on maximizing space and comfort.

What are the closest schools to 'Saba Tower 2' project in Dubai?

Dubai British School Jumeirah Park (Jumeirah Park)
Emirates International School Meadows (The Meadows)
Dubai International Academy (Emirates Hills)
The Winchester School (Jebel Ali)
GEMS World Academy (Al Barsha)

What are the closest medical clinics to 'Saba Tower 2' project in Dubai?

- Armada Medical Center: Located in Armada Towers, Cluster P, Jumeirah Lakes Towers.
- Mediclinic Meaisem: Located in City Centre Me'aisem, Dubai Production City, which is a short drive from JLT.
- Spine & Joint Clinic: Located in Cluster W, Jumeirah Lakes Towers.
- Dubai Smile Dental Clinic: Located in Cluster T, Jumeirah Lakes Towers.
- Life Medical Center: Located in Cluster G, Jumeirah Lakes Towers.