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Jewellery and Gemplex 3, JLT

Jewellery and Gemplex 3, JLT

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Jumeirah Lake Towers (JLT), Cluster S, Dubai

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Strengths

Prime Location

Specialized Retail Environment

State-of-the-art Facilities

Weakens

High Rental Costs

Limited Parking Availability

Heavy Competition

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Buildign Overview

Summary

  • Jewellery and Gemplex 3 is strategically situated in the heart of Jumeirah Lake Towers (JLT), renowned for its unique architecture and vibrant business environment.
  • This building is surrounded by an array of services and amenities, making it an ideal location for both businesses and residents.
  • Notable nearby landmarks include the JLT Park, various retail outlets, and dining options, enhancing the building's appeal compared to other properties in JLT.

Properties Overview

  • The building offers a diverse selection of properties, including offices and retail spaces that are popular among rental and purchase inquiries.
  • Typical rental prices for office spaces range from AED 60,000 to AED 120,000 annually, while retail space prices can vary significantly based on size and location within the building.

Market Trends

  • The market in JLT has seen a stable rental rate with an average ROI of around 8-10%, making it an attractive option for investors.
  • In the past year, demand has increased, particularly for smaller units, with expectations of continued growth in the coming year.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to multiple supermarkets, including Spinneys and Carrefour, as well as highly-rated schools and clinics in close proximity.

Transportation and Accessibility

  • The building benefits from excellent transport links, including the JLT metro station, various bus routes, and ample parking spaces, allowing for easy commuting throughout Dubai.

Lifestyle Amenities

  • Jewellery and Gemplex 3 boasts nearby lifestyle amenities, such as fitness centers, gourmet restaurants, and scenic parks, fostering an active and social lifestyle.

Builing Facilities

  • Key facilities within the building include high-speed elevators, round-the-clock security services, central air conditioning, and responsive maintenance teams.

Special Services

  • Residents can enjoy premium services such as concierge assistance, meeting rooms for business needs, and other unique amenities that enhance comfort and convenience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Jewellery and Gemplex 3 offers various floor plans ranging from spacious offices to compact retail spaces, catering to different business requirements.

Things to Consider

  • Potential tenants and buyers should assess factors such as property size, layout suitability, proximity to transportation links, and local amenities when considering a move.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building hosts regular networking events, workshops, and social gatherings, fostering a sense of community among residents and businesses.

Community Identity

  • Jewellery and Gemplex 3 stands out for its modern design and vibrant atmosphere, serving as a cultural hub in JLT that attracts visitors and locals alike.

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Detailed Buiding Insights

1. Family Friendliness

The presence of parks and family-oriented events makes this community welcoming to families, but the overall density of businesses may not provide sufficient activities for all ages.

Moderately Welcoming

2. Living Options

There are a variety of living options available, including apartments and condos, but the high number of commercial spaces may limit residential choices.

Moderately Diverse

3. Safety And Security

The area is well-patrolled and has a low crime rate, leading to a sense of security among residents and visitors alike.

Generally Safe

4. Transportation

Public transportation is readily available, with nearby metro stations and bus routes facilitating easy access to other areas of Dubai.

Conveniently Accessible

5. Amenities And Facilities

The community boasts a wide range of amenities, including supermarkets, gyms, and spas, making it convenient for residents to access daily needs.

Richly Equipped

6. Cost Of Living

While there are diverse living options, the overall cost of living can be high due to the premium nature of businesses and amenities in the area.

Relatively High

7. Things To Do

The area offers a number of entertainment options, including restaurants, cafes, and cultural events, ensuring that there are always things to do.

Vibrantly Active

8. Noise Levels

The area tends to be active with foot traffic and business operations, which can lead to higher noise levels, especially during peak hours.

Generally Busy

9. Pet Friendliness

While there are some pet-friendly facilities, such as parks, the overall environment may not be as accommodating for pet owners compared to more residential areas.

Moderately Accepting

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Key Information

Developer: DMCC

Building Type: Commercial

Building Age: 8 years(Date of completion: 2016)

Unit Types :  Commercial offices and shops

Floors: 12

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

Near by Buildings

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