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Laguna Tower, JLT

Laguna Tower, JLT

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Jumeirah Lake Towers (JLT), Cluster A, Dubai

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Strengths

Modern architectural design

Prime location

Excellent amenities

Weakens

High maintenance fees

Limited parking space

Noise from nearby construction

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Buildign Overview

Summary

  • Laguna Tower is a high-rise residential building located in the vibrant Jumeirah Lake Towers (JLT) community.
  • The tower is strategically positioned close to Sheikh Zayed Road, providing easy access to major areas of Dubai.
  • It is surrounded by an array of amenities including parks, lakes, restaurants, and retail outlets.
  • Notable nearby landmarks include the Dubai Marina and the JLT Park, enhancing its appeal for residents.

Properties Overview

  • Laguna Tower offers a range of properties for both leasing and purchasing, with popular options being one and two-bedroom apartments.
  • Rental prices typically range from AED 60,000 to AED 90,000 annually depending on unit size and floor level.
  • For buyers, the average price for apartments ranges from AED 1 million to AED 2 million.
  • The building's attractive pricing and location make it a sought-after choice for residents and investors.

Market Trends

  • The real estate market in JLT has seen steady growth, with rental prices experiencing a moderate increase over the past year.
  • Investors can expect a return on investment (ROI) of around 7-8%, which is competitive compared to other areas in Dubai.
  • Future trends suggest a potential rise in both rental yields and property values due to ongoing developments in the vicinity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, including Carrefour and Spinneys, within walking distance.
  • The area boasts reputable schools such as Emirates International School and healthcare facilities including the Mediclinic JLT.

Transportation and Accessibility

  • Laguna Tower is well-connected with public transport, including the DMCC Metro Station just a short walk away.
  • The building offers ample parking spaces for residents and their guests, making it convenient for car owners.

Lifestyle Amenities

  • The building features a modern gym and fitness center, along with a swimming pool offering a relaxing retreat.
  • A variety of dining options can be found within JLT, including cafes and fine-dining restaurants that cater to different tastes.

Builing Facilities

  • Laguna Tower is equipped with high-speed elevators, round-the-clock security, and central air conditioning for residents' comfort.
  • Maintenance services are readily available to ensure the building remains in top condition.

Special Services

  • The building offers concierge services to assist residents with their needs, alongside guest services for visitors.
  • There are also dedicated business centers available for professionals working from home or those with home-based businesses.

Planning Your Move or Investment

Floor Plans and Property Types

  • Laguna Tower presents diverse floor plans ranging from cozy studios to spacious two-bedroom apartments, catering to various lifestyle needs.
  • Each unit is designed with modern aesthetics and functional layouts to maximize living space.

Things to Consider

  • Before moving in or investing, factors such as community amenities, accessibility, and current market trends should be assessed.
  • Financial considerations include reviewing service charges, potential rental yields, and overall property costs.

Useful FAQs and Support

Events and Building Life

Building Events

  • Laguna Tower hosts regular community events, such as seasonal celebrations and wellness workshops, to foster a sense of community.
  • Social gatherings are often organized, allowing residents to connect and engage with one another.

Community Identity

  • The building is known for its modern architecture and eco-friendly features, reflecting Dubai's commitment to sustainability.
  • Its unique position within JLT offers breathtaking views of the surrounding lakes and skyline, making it a desirable living space.

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Detailed Buiding Insights

1. Family Friendliness

Laguna Tower offers a friendly environment for families, with spacious apartments and nearby parks, making it a suitable choice for families with children.

Welcoming and Family-Oriented

2. Living Options

The community boasts a wide range of living options from studios to larger family apartments, catering to various preferences and needs.

Diverse and Flexible

3. Safety And Security

The tower is equipped with modern security systems, including 24/7 surveillance and controlled access, providing residents with a strong sense of safety.

Highly Secure

4. Transportation

Located adjacent to major roads and public transport options, Laguna Tower provides easy access to various parts of Dubai, enhancing overall mobility.

Conveniently Accessible

5. Amenities And Facilities

The community features a superb set of amenities, including a swimming pool, gym, children's play area, and retail shops, enriching the living experience.

Richly Equipped

6. Cost Of Living

While rent prices reflect the desirable location and amenities, they are still relatively balanced compared to other similar communities.

Moderately Priced

7. Things To Do

Residents can enjoy a variety of leisure activities with numerous cafes, restaurants, and community events nearby, making it an exciting locale.

Vibrantly Diverse

8. Noise Levels

Although the area can be lively due to nearby attractions, the design of the tower and surrounding landscaping help maintain a peaceful atmosphere within.

Generally Quiet

9. Pet Friendliness

Laguna Tower encourages pet ownership with dedicated pet areas and accessible parks, making it an ideal choice for pet owners.

Pet-Friendly

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (1Beds)
Rent
43.8K AED
apartment (2Beds)
Rent
87K AED
apartment (3Beds)
Rent
125.1K AED

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Key Information

Rent: 10.8K AED - 129K AED

Developer: IFA Hotels & Resorts

Building Type: mixed-use building 

Length:  296 residential units and 120 hotel rooms

Unit Types : studio, 1, 2 and 3-bed units and penthouses

Floors: 40

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

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