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Fortune Executive Tower, JLT

Fortune Executive Tower, JLT

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Jumeirah Lake Towers (JLT), Cluster B, Dubai

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Strengths

Prime Location

Modern Amenities

Environmental Sustainability

Weakens

Limited Parking Space

High Rental Prices

Noise Levels

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Buildign Overview

Summary

  • Fortune Executive Tower is a prominent commercial cum residential skyscraper located in the heart of Jumeirah Lake Towers (JLT), Dubai.
  • The building is surrounded by a variety of amenities, including retail shops, restaurants, and cafes, creating a vibrant community feel.
  • Convenient access to public transportation, including the Dubai Metro and bus services, enhances connectivity to other key areas of the city.
  • Notable nearby landmarks include the Dubai Marina, Emirates Golf Club, and Dubai Internet City, making it an ideal location for professionals and families alike.

Properties Overview

  • The tower features a range of properties for rent and sale, catering to diverse preferences and budgets.
  • Popular residential units include spacious 1, 2, and 3-bedroom apartments, ideal for both individuals and families.
  • Rental prices typically range from AED 60,000 to AED 120,000 annually, while sales prices may vary between AED 900,000 to AED 2,500,000 depending on unit size and view.

Market Trends

  • Recent reports indicate a steady increase in rental rates, driven by high demand and limited availability in JLT.
  • Sales trends reveal a healthy market, with investors seeing a return on investment (ROI) of approximately 7-8%, primarily due to the building's prime location.
  • The upcoming year is expected to continue this trend, with increased interest from both local and international buyers.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, including Carrefour and Spinneys, ensuring convenient grocery shopping.
  • Several reputable schools and healthcare facilities are within close proximity, making it suitable for families with children.

Transportation and Accessibility

  • Excellent public transport options, including the JLT Metro Station, provide seamless connectivity throughout Dubai.
  • Ample parking spaces are available for residents and visitors, catering to those who prefer driving.

Lifestyle Amenities

  • The building features modern gyms and fitness centers, alongside a variety of dining options ranging from casual cafés to fine dining.
  • Nearby outdoor facilities include parks and jogging trails, promoting an active lifestyle for residents.

Builing Facilities

  • The Fortune Executive Tower offers state-of-the-art facilities, including multiple high-speed elevators and 24-hour security services.
  • Central air conditioning and attentive maintenance services ensure a comfortable living environment.

Special Services

  • Additional features include a dedicated concierge service, business center, and meeting rooms designed to cater to the professional community.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building provides a selection of floor plans designed to accommodate both individual and family needs, featuring modern layouts and finishes.

Things to Consider

  • Potential tenants and buyers should assess their budget, preferred property type, and lifestyle requirements when making a decision.
  • It's advisable to visit the building and explore the neighborhood to fully appreciate the amenities and services available.

Useful FAQs and Support

Events and Building Life

Building Events

  • Fortune Executive Tower is known for its community spirit, hosting regular social gatherings and networking events for residents.

Community Identity

  • The building stands out with its modern architecture and commitment to creating a collaborative living environment, fostering connections among residents.

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Detailed Buiding Insights

1. Family Friendliness

Fortune Executive Tower offers multiple family-oriented facilities like parks nearby and spacious apartments, making it suitable for families. However, the high-rise living and busy environment may not appeal to all families.

Moderately Friendly

2. Living Options

The tower provides a range of living options from studios to larger apartments, catering to different lifestyles and preferences, appealing to singles, couples, and families alike.

Diverse Selection

3. Safety And Security

The building features modern security systems including CCTV surveillance and secure access, ensuring safety for residents. The neighborhood is also considered to be relatively secure.

Highly Secure

4. Transportation

Located in JLT, Fortune Executive Tower is well-connected to public transportation options and major roads, allowing easy access to key areas in Dubai, although traffic can sometimes be congested.

Conveniently Accessible

5. Amenities And Facilities

The tower offers various amenities such as a swimming pool, gym, and retail outlets, providing residents with essential services and recreation options right at their doorstep.

Well-Equipped

6. Cost Of Living

While the cost of living in JLT can be high due to its desirable location, your options in Fortune Executive Tower can fit different budgets, making it relatively balanced in terms of value.

Moderately Affordable

7. Things To Do

The surrounding area offers a mix of dining, shopping, and recreational options, keeping entertainment and leisure activities at your fingertips, although choices can get repetitive over time.

Vibrantly Active

8. Noise Levels

Despite the urban environment, the tower tends to maintain a certain level of calm. However, occasional noise from nearby roads and nightlife can disrupt this peace.

Generally Peaceful

9. Pet Friendliness

While pets are allowed in the building, some restrictions may apply, and the lack of dedicated pet facilities can limit activities for pet owners in the vicinity.

Somewhat Accommodating

Schools

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Key Information

Developer: Executive Holdings Ltd.

Building Type: commercial

Building Age: 14 years(completed in 2010)

Length: 254

Unit Types : Offices and shops

Floors: 35

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

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