Jumeirah Lake Towers

Jumeirah Lake Towers is one of the most popular residential communities in Dubai. The reasons for its popularity are immense; primarily the apartments available for rent and sale are of high quality, spacious and well planned. The space has been well utilized and the finish is of top quality. The popularity of JLT can be gauged by the occupancy rate it has maintained over the years.  One more important reason for choosing Jumeirah Lake Towers is its convenient location and connectivity with the metro. Residents living in JLT apartments can walk to the metro station and go anywhere in the city in a matter of minutes. This provides convenience to people working in JLT as they can live in nearby areas. Being one of the most established communities in Dubai and providing a unique cosmopolitan atmosphere to its residents, this community has been able to retain its charm.

Apartments in JLT range from smaller studios with open kitchens, these units…
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The Rental Market

The rental market is witnessing a downward pressure and rental price for Dubai residential property is on a decline. This has put the tenant in driving seat as there are a lot of options available in the market and landlords are flexible to negotiate to minimize vacancy. Rental prices have softened in Dubai Sports City, Motor City and Jumeirah Lake Towers as new inventory released in adding to the downward pressure. A number of new projects are handed over across Dubai that has created competition amongst landlords to attract tenants. Owners are offering rent free periods to bait tenants and the number of cheques has increased significantly. During the real estate boom in Dubai landlords would prefer the rent to be paid in a single check and at the most two, but during the current slowdown this has reached to an average for cheques with some landlords even agreeing to twelve cheques in a year. The rental decline is an effect of the softening sales price that has arise fro…
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Floating Villas

It may seem impossible if we hear we can now live underwater, but in Dubai there is no word as impossible. In Dubai you can buy a floating villa that is partly submerged in water. These villas are located on the world Islands which is another amazing project, but let’s only talk about the villas for now. These unique villas have been names as Sea Horse and each villa can have up to four bedrooms which is a decent size for a mid to large family especially when you are living under water. The master bedroom and the guest room are located in the lower level and you can actually see marine life from your bedroom windows. There are a total of three bathrooms, out of which two are under the water and one is on sea level. The dining area o f the villa is at the Sea Level which means you can a spectacular view of the sea at the dining table. The access to the villa is obviously through a boat which adds to the experience of living in this amazing property. This also means you are…
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Property Investment

Investment in property has been a proven profit scheme ever. Many business giants have endorsed the idea of investing in property. There are many countries all over the world that allow buying of property for any nationality. Countries like USA, Canada, many European countries and Dubai allow to buy property regardless of your country of citizenship. Property prices in different countries depend on a lot of factors like economic and political situation of the country, demand from local residents and foreign investment flowing into real estate and other industries. As a global trend property in bigger cities is expensive to buy and rent compared to smaller cities. Price of real estate gets cheaper as move outside the city. Properties near to a lake or sea generally cost more because of the view. In Dubai properties in areas like Dubai Marina cost more as they have vistas of sea from the windows. In other cities like New York the same trend follows for property. In cities t…
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