What's the price range at JLT Residences Block 20?
Current price per sqft: AED 6871. Recent transactions: 2BR 1841sqft at AED 17,347,066. Price history (12 months): ranging from AED 6136 to AED 6222/sqft.
JLT Residences Block 20 – Investment & Lifestyle FAQ
Complete guide to JLT Residences Block 20 in JLT: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at JLT Residences Block 20?
Unit mix: 34 × 1BR, 83 × 2BR, 45 × 3BR, 0 × 4BR. Total: 398 units. Branded as Luxury Brandpremium positioning.
Is JLT Residences Block 20 a good value, or overpriced?
Tier: LUXURY. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in JLT range AED 6371–7371/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does JLT Residences Block 20 offer?
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2018. Floors: 28. Branded partnership with Luxury Brand ensures concierge and lifestyle services.
How many floors and units per floor in JLT Residences Block 20?
28 floors. Total units: 398. Average units/floor: 15. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in JLT Residences Block 20?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (83 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is JLT Residences Block 20 from key landmarks?
Beach: 6 mins. Nearby Station metro: 10 mins. Downtown Dubai: 24 mins. Airport (DXB): 23 mins.
Is JLT Residences Block 20 easy to get to and from?
Metro accessible via Nearby Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around JLT Residences Block 20?
Located in JLT, a luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 2404.85/sqft/year typical for tier LUXURY. Estimate for 2BR (1500 sqft): AED 300606.25/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in JLT Residences Block 20?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at JLT Residences Block 20?
Gross rental yield: 3.8%–5.3%. 1BR typical rent: AED 21,088.833/month. 2BR: AED 43,860/month. Strong tenant demand; typical vacancy: 1–2 months/year.