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Silver Tower, JLT

Silver Tower, JLT

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Jumeirah Lake Towers (JLT), Cluster I, Dubai

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Strengths

Prime Location

Modern Facilities

Sustainability Features

Weakens

High Rental Prices

Parking Limitations

Noise Levels

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Buildign Overview

Summary

  • Silver Tower is a prominent skyscraper located in the heart of Jumeirah Lake Towers (JLT), known for its modern architecture and stunning lake views.
  • The tower is surrounded by a variety of amenities, including cafes, retail shops, and leisure areas, providing a vibrant environment for residents.
  • With easy access to Sheikh Zayed Road, the building is well-connected to public transport, including the JLT Metro Station, making commutes convenient.

Properties Overview

  • Silver Tower offers a mix of residential units, including studio, one-bedroom, and two-bedroom apartments, catering to diverse living preferences.
  • Currently, rental prices for apartments in Silver Tower range from approximately AED 60,000 to AED 120,000 annually, depending on size and layout.
  • For buyers, the property values typically fall between AED 800,000 and AED 2 million, making it an attractive investment opportunity.

Market Trends

  • The real estate market in JLT has shown steady growth, with rental rates experiencing a rise of approximately 5% in the past year.
  • Sales trends indicate a stable demand for properties in the area, with a notable increase in investor interest due to competitive pricing and ROI potential.
  • Experts predict continued growth for residential real estate in the JLT area, with ongoing infrastructure developments further enhancing property values.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents of Silver Tower enjoy proximity to several supermarkets, educational institutions, and healthcare facilities, including hospitals and clinics.
  • Notable nearby amenities include the Emirates International School and the American Hospital Dubai, providing quality education and healthcare options.

Transportation and Accessibility

  • Public transportation options are readily available with the JLT Metro Station within walking distance, allowing for easy travel across Dubai.
  • The building provides designated parking spaces for residents, enhancing convenience for those commuting by private vehicle.

Lifestyle Amenities

  • Silver Tower features excellent lifestyle amenities, including a state-of-the-art gym, swimming pool, and various dining options within walking distance.
  • Residents can also indulge in various recreational activities at the nearby parks and lakeside promenades, perfect for outdoor enthusiasts.

Builing Facilities

  • The tower is equipped with multiple high-speed elevators, robust security systems, and central air conditioning to ensure comfort and safety.
  • Maintenance services are readily available, enhancing overall living quality within the building.

Special Services

  • Residents benefit from concierge services, providing assistance with everyday needs and facilitating access to local services and amenities.
  • The building boasts business centers and meeting rooms, catering to professionals who require flexible workspace solutions.

Planning Your Move or Investment

Floor Plans and Property Types

  • Silver Tower offers various floor plans that cater to both renters and buyers, ensuring flexibility to meet individual needs and preferences.
  • Options range from compact studios ideal for singles to spacious two-bedroom apartments suitable for families.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as budget, property size, and proximity to amenities when deciding on a unit in Silver Tower.
  • Understanding the layout and available facilities is crucial for ensuring a comfortable living experience.

Useful FAQs and Support

Events and Building Life

Building Events

  • Silver Tower hosts community gatherings and events that foster interaction among residents, promoting a sense of community spirit.
  • Occasional social events and cultural celebrations create opportunities for residents to engage and network with their neighbors.

Community Identity

  • The architectural design of Silver Tower reflects contemporary urban living, standing out as a landmark within the JLT skyline.
  • Its strategic location and vibrant community activities contribute to a unique living experience that resonates with both local and expatriate residents.

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Detailed Buiding Insights

1. Family Friendliness

Silver Tower provides ample amenities such as parks and recreational areas nearby, making it a decent option for families. The presence of schools and childcare facilities within a short distance adds to its family-friendly appeal.

Moderately Welcoming

2. Living Options

Silver Tower offers a variety of living accommodations, including spacious apartments with different layouts, catering to singles and families alike. The availability of modern facilities enhances the living experience.

Diverse Selection

3. Safety And Security

The tower is equipped with 24/7 security services, CCTV surveillance, and secure access points. Residents report feeling safe and secure, which is a significant advantage for families and individuals.

Highly Secure

4. Transportation

Located in Jumeirah Lake Towers, the Silver Tower has excellent access to public transport including the Dubai Metro and bus services, making commuting straightforward and efficient.

Very Convenient

5. Amenities And Facilities

The Silver Tower is home to modern amenities such as a gym, swimming pool, and multiple retail options within the building. Nearby, residents enjoy additional facilities such as parks and restaurants.

Richly Equipped

6. Cost Of Living

While the costs are somewhat higher than average due to the location and amenities, many residents find the value justifiable given the quality of life and conveniences available in Silver Tower.

Relatively High

7. Things To Do

Residents have access to numerous dining, entertainment, and leisure options in the JLT area, including boat rides on the lake, jogging paths, and a variety of cultural events throughout the year.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, the tower maintains relatively low noise levels due to soundproofing measures in the apartments, allowing residents to enjoy quiet living in the heart of the city.

Generally Peaceful

9. Pet Friendliness

The Silver Tower allows pets, and while there are no specific pet-friendly facilities, the nearby parks provide spaces for walking and exercising pets, making it a comfortable environment for pet owners.

Moderately Accommodating

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Key Information

Developer: DMCC

Building Type: Commercial

Building Age: 15 years(completed in 2009)

Unit Types : Offices and shops

Floors: 37

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

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