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Almas Tower, JLT

Almas Tower, JLT

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Jumeirah Lake Towers (JLT), Cluster E, Dubai

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Strengths

Architectural Design

Location

Amenities

Weakens

Traffic Congestion

Limited Parking

Maintenance Concerns

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Buildign Overview

Summary

  • Almas Tower stands as a prominent skyscraper in the heart of Jumeirah Lake Towers (JLT), known for its striking architecture.
  • Located near the iconic Dubai Marina and within proximity to major highways, it offers easy access to essential amenities.
  • Residents enjoy breathtaking views of the surrounding lakes and proximity to leisure attractions.

Properties Overview

  • The tower includes a variety of residential units such as studio apartments, one, two, and three-bedroom apartments, catering to different lifestyles.
  • Typical rental prices range from AED 50,000 to AED 120,000 annually, while sale prices can vary between AED 700,000 and AED 2 million depending on the unit size and view.
  • Almas Tower is popular among expatriates and offers a mix of luxury living with affordability.

Market Trends

  • In the past year, rental rates in Almas Tower have increased slightly, reflecting overall market growth in the JLT area.
  • Sales prices have stabilized, indicating a strong demand for property investment in this prime location.
  • Investors can anticipate a return on investment (ROI) ranging from 6% to 8%, presenting a viable opportunity for buyers.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity includes several supermarkets, schools, and healthcare facilities, providing residents with all necessary services.
  • Within a short distance, there are renowned schools such as the Dubai British School and hospitals like Saudi German Hospital, ensuring convenience for families.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro, with several stations nearby, enhancing connectivity across the city.
  • There are ample parking spaces available for residents and visitors, facilitating convenience for vehicle owners.

Lifestyle Amenities

  • Residents can enjoy world-class amenities including a state-of-the-art gym, swimming pool, and spa services.
  • The area is home to numerous fine dining restaurants, cafes, shopping centers, and green parks, promoting a balanced lifestyle.

Builing Facilities

  • Almas Tower boasts modern facilities such as high-speed elevators, 24/7 security, and central air conditioning.
  • Comprehensive maintenance services ensure that all building infrastructure is well-managed.

Special Services

  • Unique features include concierge services and on-site business centers, catering to both personal and professional needs.
  • Guest services are available to enhance the experience for visitors and residents alike.

Planning Your Move or Investment

Floor Plans and Property Types

  • Almas Tower offers diverse floor plans ranging from compact studios to spacious multi-bedroom units, tailored to meet various requirements.
  • Potential buyers and renters can choose layouts that suit their lifestyle and preferences best.

Things to Consider

  • It's essential to assess the community amenities, building maintenance, and local property laws before deciding.
  • Consider factors such as proximity to work, transportation options, and availability of leisure activities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Almas Tower frequently hosts community events, fostering interaction among residents and promoting a sense of belonging.
  • These events range from festive gatherings to wellness courses, enhancing the living experience.

Community Identity

  • Known for its architectural brilliance, Almas Tower embodies luxury living and is a symbol of modern urban development.
  • The tower features unique sculptures and contemporary art, contributing to its vibrant and distinctive character.

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Detailed Buiding Insights

1. Family Friendliness

Almas Tower has various family-friendly facilities including parks and playgrounds nearby, making it a suitable environment for families. However, the fast-paced lifestyle in JLT may not cater to all family needs.

Moderately Welcoming

2. Living Options

The residential options in Almas Tower are upscale, with various apartment sizes and layouts available, catering to a diverse range of preferences.

Diverse and Luxurious

3. Safety And Security

Almas Tower boasts advanced security systems including 24/7 surveillance and access control, ensuring a high level of safety for residents.

Highly Secure

4. Transportation

The location is well-served by public transportation and major roads, making it easy for residents to commute to other parts of Dubai.

Conveniently Accessible

5. Amenities And Facilities

Residents enjoy various amenities including gyms, swimming pools, and culinary options within close proximity, enhancing the convenience of living in Almas Tower.

Richly Equipped

6. Cost Of Living

While the cost of living in Almas Tower reflects its luxury appeal, it may be considered high compared to other areas in Dubai, which might deter some budget-conscious individuals.

Relatively High

7. Things To Do

With nearby restaurants, cafes, and parks, there are plenty of recreational options available for residents and visitors alike, making it lively and enjoyable.

Vibrantly Diverse

8. Noise Levels

Although Almas Tower is located in a bustling area, thanks to its design and insulation, residents typically enjoy a peaceful living atmosphere.

Generally Peaceful

9. Pet Friendliness

Pets are allowed in the tower, but restrictions regarding types and sizes may apply, making it suitable for some pet owners but not all.

Moderately Accommodating

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Key Information

Developer: Dubai Multi Commodities Centre (DMCC)

Building Type: commercial

Building Age: 16 years(completed in 2008)

Unit Types : office units

Floors: 68-storey

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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