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About Banyan Tree Residences
Banyan Tree Residences brought the Singaporean wellness brand to Jumeirah Lake Towers in a lakeside tower by Sweid & Sweid.
Residences are typically quoted from around AED 1.5M on the secondary market.
The building is complete and occupied, following a launch that recorded over AED 100M in early sales.
At a glance
Banyan Tree Residences key facts
- Developer
- Sweid & Sweid
- Community
- Jumeirah Lake Towers
- Status
- Handover soon
- Handover
- Completed (2020)
- Starting price
- AED 1.5M
- Total units
- 235
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Banyan Tree Residences
- 01
Agree the price
Agree terms with the seller of a unit at Banyan Tree Residences, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Sweid & Sweid issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Banyan Tree branding and wellness ethos
- Lake-facing JLT setting near Dubai Marina
- Ready to move in
What to weigh
- Unit and floor counts differ between sources (235 vs 244)
- Completion year reported inconsistently
FAQ
Banyan Tree Residences — frequently asked questions
What is the starting price of Banyan Tree Residences?
Published pricing at Banyan Tree Residences starts from AED 1.5M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Banyan Tree Residences?
Banyan Tree Residences is scheduled for handover in Completed (2020). Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Banyan Tree Residences?
Banyan Tree Residences is developed by Sweid & Sweid in Jumeirah Lake Towers, Dubai.
What unit types are available at Banyan Tree Residences?
Banyan Tree Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom across 235 units.
Where is Banyan Tree Residences located?
Banyan Tree Residences is in Jumeirah Lake Towers, Dubai.
Can foreigners buy at Banyan Tree Residences?
Yes. Jumeirah Lake Towers is a freehold area, so buyers of any nationality can own property at Banyan Tree Residences outright.
Does buying at Banyan Tree Residences qualify for the UAE Golden Visa?
The entry price of AED 1.5M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Banyan Tree Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 60K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Banyan Tree Residences?
MRK Real Estate advises on primary purchases and resales at Banyan Tree Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Sweid & Sweid before any transaction.
