Investor Deal | Rented | Great Returns | Apartment in JLT
AED 1,585,000

AED 2,139 per sqft

Permit Pending Verification

Investor Deal | Rented | Great Returns | Apartment in JLT

JLT, Dubai
Listed 96 days ago
1
Beds
1
Baths
741
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Green Lakes 3, JLT. This 741 sqft property offers excellent value at AED 1,585,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views202
Reference19171ebc-978f-4193-9222-35e75c8f1751

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

JLT Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in JLT
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Premium Property

Positioned above market average

This is a premium-positioned property in JLT. Asking AED 2,139/sqft vs market average of AED 1,827/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 2,139/sqft
Area benchmark unavailable
Asking priceAED 1,585,000
DLD transfer fee (4%)AED 63,400
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,262
Agency commission (2%)AED 31,700
Est. total transaction costAED 1,687,562

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Premium Price

Premium Pricing - 19% Above Market

Significantly above the JLT average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonJLT · 1 BR apartment
This PropertyAED 2,139/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

5

Similar apartment in JLT
Avg: AED 1.4MPSF: AED 1,704Range: AED 815K – AED 2.2M

PropertyIndex.ae • Updated 2026-02-22

JLT Market Intelligence

Full Report
Avg Price/SqftAED 1,645
Active Listings78
Trendstable
Price History (per sqft)
AED 1,719
Dec
AED 1,605
Jan
AED 1,624
Feb
AED 1,639
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 3 rental comparables in JLT

Good Yield
Gross Yield
5.48%
Good Yield
Net Yield
4.78%
After charges
Estimated Rental Income
Monthly
AED 7,244
Annual
AED 86,930
Service Charge: AED 11,115/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average15.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,405

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 317,000)
5%80%
4.99%
2%8%
Property PriceAED 1,585,000
Loan AmountAED 1,268,000
Total InterestAED 953,565
Total Cost (Principal + Interest)AED 2,221,565

Estimated Upfront Costs

Down PaymentAED 317,000
DLD Registration (4%)AED 63,400
Agency Fee (2%)AED 31,700
Total UpfrontAED 412,100

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in JLT

AED 1.21M

Avg. Price

AED 2,013.18

Avg. /sqft

5

Transactions

AED 1.28M19.2% lower
16 Mar 2026 1 Bed 637 sqftAED 2,011/sqft
Completed Sale
AED 1.62M2.1% higher
16 Mar 2026 1 Bed 718 sqftAED 2,254/sqft
Completed Sale
AED 774K51.2% lower
14 Feb 2026 1 Bed 419 sqftAED 1,846/sqft
Completed Sale
AED 1.65M3.8% higher
14 Feb 2026 1 Bed 733 sqftAED 2,244/sqft
Completed Sale
AED 746K52.9% lower
16 Nov 2025 1 Bed 436 sqftAED 1,711/sqft
Completed Sale

Transactions shown are for similar apartments in JLT. Prices may vary based on floor, view, and finishing.

Similar Properties

1-Bedroom apartment in JLT