Fortune Tower, JLT

Jumeirah Lake Towers (JLT), Cluster C, Dubai

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Strengths

Strategic Location

Modern Facilities

High-Quality Office Spaces

Weakens

High Rental Costs

Traffic Congestion

Limited Parking

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Strengths

Strategic Location

Located in the heart of Jumeirah Lake Towers, offering easy access to public transport and major roads.

Modern Facilities

Equipped with state-of-the-art amenities including a gym, swimming pool, and conference facilities.

High-Quality Office Spaces

Offers spacious and well-designed office spaces that cater to various business needs.

Weaknesses

High Rental Costs

Rent prices can be above average compared to other buildings in the area.

Traffic Congestion

Traffic during peak hours can make access to the tower challenging.

Limited Parking

Parking space is often limited, which can be inconvenient for tenants and visitors.

Considerations

Proximity to Amenities

Nearby restaurants, cafes, and shopping centers provide convenience for tenants.

Business Environment

Being in a commercial area, it attracts various businesses which can enhance networking opportunities.

Future Developments

Upcoming infrastructure projects in the area may impact traffic and accessibility positively in the future.

Buildign Overview

Summary

Fortune Tower is a prominent commercial and residential building located in the vibrant Jumeirah Lake Towers (JLT) community.
The tower is ideally situated with quick access to major highways including Sheikh Zayed Road.
Nearby amenities include parks, lakes, cafes, and shopping centers, contributing to a balanced urban lifestyle.
The building's design features modern architectural elements, setting it apart from neighboring structures.

Properties Overview

Fortune Tower offers a mix of office spaces, residential apartments, and retail units catering to diverse needs.
Popular residential units include 1 and 2-bedroom apartments, appealing to young professionals and families.
Rental prices typically range from AED 70,000 to AED 120,000 annually, while sales prices for residential units can range significantly based on size and floor level.

Market Trends

The rental market has experienced stable demand, with a 5% increase in average rental prices over the past year.
Sales trends show a favorable market for investors, with properties appreciating around 8-10% in value annually.
Future expectations indicate continued growth, driven by ongoing infrastructure developments and the attractiveness of JLT.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from nearby supermarkets, such as Carrefour and Spinneys, offering convenience for daily necessities.
Educational institutions include reputable schools and nurseries, ensuring quality education options for families.
Healthcare facilities are within a short distance, featuring clinics, pharmacies, and hospitals offering comprehensive medical services.

Transportation and Accessibility

Fortune Tower is easily accessible via public transportation, with the JLT metro station just a short walk away.
The area features ample parking spaces for residents and visitors, enhancing convenience for car users.

Lifestyle Amenities

The tower boasts a variety of lifestyle amenities, including gyms, swimming pools, and wellness centers.
Numerous dining options are available, ranging from casual cafes to fine dining, catering to diverse tastes.
Residents can enjoy outdoor recreational activities around the nearby lakes and parks.

Builing Facilities

Fortune Tower is equipped with high-speed elevators for quick access to all floors.
24/7 security services ensure a safe living environment for all residents and businesses.
Central air conditioning and maintenance services provide comfort and convenience throughout the year.

Special Services

Additional services include concierge support, enhancing the living experience by assisting with reservations and inquiries.
Business centers and meeting spaces within the building cater to professional needs, fostering a productive environment.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of floor plans are available, including spacious 1, 2, and 3-bedroom apartments, as well as flexible office spaces.
Each unit is designed to maximize natural light and comfort, suitable for both modern lifestyles and professional needs.

Things to Consider

Potential tenants and buyers should evaluate proximity to workplaces, schools, and amenities as part of their decision-making process.
Consideration of budget and long-term investment potential is crucial in the dynamic JLT real estate market.

Useful FAQs and Support

Events and Building Life

Building Events

Fortune Tower hosts regular community events, fostering a strong sense of community among residents and businesses.
Social gatherings and networking events are organized, providing opportunities for interaction and collaboration.

Community Identity

Known for its distinctive architectural style, Fortune Tower embodies a blend of modernity and community-oriented living.
Cultural events and recreational activities held within the vicinity enhance its identity, promoting a vibrant lifestyle.

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Detailed Buiding Insights

1. Family Friendliness

Fortune Tower has facilities that cater to families, such as nearby schools and playgrounds, but lacks extensive family-oriented activities within the tower itself.

Moderately Welcoming

2. Living Options

The tower offers a variety of living options including one, two, and three-bedroom apartments, appealing to a diverse range of residents from singles to families.

Broadly Diverse

3. Safety And Security

Fortune Tower boasts 24/7 security systems, including CCTV surveillance and security personnel, making it one of the safer residential options in JLT.

Remarkably Secure

4. Transportation

With direct access to major roads and proximity to the metro station, transportation options are plentiful, though traffic can be congested during peak hours.

Conveniently Accessible

5. Amenities And Facilities

Residents can enjoy a variety of amenities, including a pool, gym, and recreational areas, which are well-maintained and cater to a fitness-oriented lifestyle.

Richly Equipped

6. Cost Of Living

The cost of living in Fortune Tower is competitive for the JLT area, with rent prices being reasonable compared to the amenities and services provided.

Relatively Balanced

7. Things To Do

There are numerous dining, shopping, and entertainment options within the JLT area, providing residents with ample activities to choose from.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling area, the apartments in Fortune Tower are well-insulated, resulting in a peaceful living environment.

Generally Peaceful

9. Pet Friendliness

Fortune Tower has a pet-friendly policy and provides ample space for residents to walk their pets, although some restrictions on pet size may apply.

Warmly Accommodating

Schools

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Key Information

Developer: Fortune Investments

Building Type: Commercial

Building Age: 16 years(completed in 2008)

Length: 265

Unit Types : Offices and shops

Floors: 37

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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Jumeirah Lake Towers (JLT), Cluster C, Dubai

Strengths

Weakens

Show Less Details

Strengths

Strategic Location

Located in the heart of Jumeirah Lake Towers, offering easy access to public transport and major roads.

Modern Facilities

Equipped with state-of-the-art amenities including a gym, swimming pool, and conference facilities.

High-Quality Office Spaces

Offers spacious and well-designed office spaces that cater to various business needs.

Weaknesses

High Rental Costs

Rent prices can be above average compared to other buildings in the area.

Traffic Congestion

Traffic during peak hours can make access to the tower challenging.

Limited Parking

Parking space is often limited, which can be inconvenient for tenants and visitors.

Considerations

Proximity to Amenities

Nearby restaurants, cafes, and shopping centers provide convenience for tenants.

Business Environment

Being in a commercial area, it attracts various businesses which can enhance networking opportunities.

Future Developments

Upcoming infrastructure projects in the area may impact traffic and accessibility positively in the future.

Buildign Overview

Summary

Properties Overview

Market Trends

Living and Investing in the Building

Amenities, Schools, and Healthcare

Transportation and Accessibility

Lifestyle Amenities

Builing Facilities

Special Services

Planning Your Move or Investment

Floor Plans and Property Types

Things to Consider

Useful FAQs and Support

Events and Building Life

Building Events

Community Identity

See more

Detailed Buiding Insights

1. Family Friendliness

Moderately Welcoming

2. Living Options

Broadly Diverse

3. Safety And Security

Remarkably Secure

4. Transportation

Conveniently Accessible

5. Amenities And Facilities

Richly Equipped

6. Cost Of Living

Relatively Balanced

7. Things To Do

Vibrantly Diverse

8. Noise Levels

Generally Peaceful

9. Pet Friendliness

Warmly Accommodating

Schools

Please wait..

Congratulations!

Transport & Places

Distance calculator

Explore AI

Discover homes with Stellar AI

Show me buildings near excellent schools

Show me buildings near excellent schools

Key Information

Developer: Fortune Investments

Building Type: Commercial