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One Lake Plaza, JLT

One Lake Plaza, JLT

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Jumeirah Lake Towers (JLT), Cluster O, Dubai

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Strengths

Prime Location

Modern Design

Amenities Availability

Weakens

High Cost

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • One Lake Plaza is a prominent high-rise located in the dynamic Jumeirah Lake Towers (JLT) community, known for its stunning views of the adjacent lake and park.
  • The building boasts a prime location with easy access to a variety of facilities, including cafes, restaurants, and grocery stores.
  • Nearby landmarks include the Dubai Marina and Mall of the Emirates, providing additional leisure and shopping options.
  • Compared to other nearby buildings, One Lake Plaza stands out for its architectural design and community atmosphere.

Properties Overview

  • The building features a diverse range of properties, including spacious apartments ideal for families and professionals alike.
  • Rental prices typically range from AED 70,000 to AED 120,000 per year, depending on the size and type of apartment.
  • For buyers, properties in One Lake Plaza can sell for between AED 1.2 million to AED 2.5 million, reflecting the building's desirability and prime location.

Market Trends

  • In the past year, rental prices have seen a steady increase of approximately 7%, while sales prices have appreciated by around 5%.
  • Investors can expect a healthy return on investment (ROI) of about 6% due to the high demand for rentals and expanding local amenities.
  • Market expectations for the coming year suggest continued growth in both rental and sales markets as JLT remains a highly sought-after location.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to several supermarkets, including Carrefour and Spinneys, ensuring convenient shopping.
  • Several educational institutions are nearby, such as the Dubai British School and International School of Choueifat.
  • Healthcare services include the JLT Medical Center and other clinics, providing residents with essential medical care.

Transportation and Accessibility

  • One Lake Plaza is well-serviced by public transportation, including the JLT metro station, enhancing connectivity to other parts of Dubai.
  • The building provides ample parking spaces for residents and visitors, ensuring hassle-free access.

Lifestyle Amenities

  • The building features modern fitness facilities and nearby parks for outdoor activities, catering to active lifestyles.
  • A variety of dining options, from casual eateries to fine dining, are just a few steps away in the vibrant JLT district.

Builing Facilities

  • One Lake Plaza is equipped with multiple high-speed elevators, providing quick access to all floors.
  • The building ensures security with 24/7 surveillance and professional security personnel.
  • Central air conditioning and maintenance services are readily available to enhance resident comfort.

Special Services

  • Residents enjoy concierge services to assist with daily needs and enhance overall living experiences.
  • Business centers within the building cater to professionals looking for a productive working environment.

Planning Your Move or Investment

Floor Plans and Property Types

  • One Lake Plaza offers a wide variety of floor plans, including studios, one-bedroom, two-bedroom, and three-bedroom units, accommodating diverse lifestyle requirements.

Things to Consider

  • Prospective tenants and buyers should consider property size, layout, and proximity to amenities as vital factors in their decision-making process.
  • Understanding community guidelines and any associated fees is essential before finalizing a move.

Useful FAQs and Support

Events and Building Life

Building Events

  • One Lake Plaza hosts regular community events such as potluck gatherings and fitness classes, fostering a sense of community among residents.

Community Identity

  • The unique architectural style and eco-friendly initiatives within One Lake Plaza create a distinct identity, making it a desirable choice for modern living.

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Detailed Buiding Insights

1. Family Friendliness

One Lake Plaza offers a family-friendly environment with spacious apartments, nearby parks, and recreational activities that cater to children.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options including studio apartments and larger family units, attracting a diverse range of residents.

Broadly Diverse

3. Safety And Security

The building is equipped with 24/7 security personnel and advanced surveillance systems, ensuring a high level of safety for all residents.

Remarkably Secure

4. Transportation

Access to multiple transportation options including Metro stations and taxi services makes commuting to other parts of the city easy and efficient.

Highly Convenient

5. Amenities And Facilities

One Lake Plaza boasts a range of amenities including a gym, swimming pool, and retail outlets, providing residents with everything they need for convenience and leisure.

Richly Equipped

6. Cost Of Living

While slightly more expensive than surrounding areas, the cost of living is considered balanced given the quality of life and amenities offered.

Relatively Balanced

7. Things To Do

The area surrounding One Lake Plaza is rich in dining, shopping, and entertainment options, providing residents with various activities to enjoy.

Vibrantly Diverse

8. Noise Levels

Although situated in a bustling area, the building's sound insulation and the layout of the surrounding spaces contribute to a peaceful living environment.

Generally Peaceful

9. Pet Friendliness

The community recognizes the importance of pets, offering pet-friendly policies and nearby parks where dogs can be walked.

Warmly Accommodating

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Key Information

Developer: Han Worldwide Enterprises Inc.

Building Type: Commercial

Building Age: 16 years (completed in 2008)

Unit Types : offices

Floors: 40

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

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