What's the price range at JLT Residences Block 50?
Current price per sqft: AED 4482. Recent transactions: 2BR 1978sqft at AED 9,800,550. Price history (12 months): ranging from AED 5112 to AED 5157/sqft.
Complete guide to JLT Residences Block 50 in JLT: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 4482. Recent transactions: 2BR 1978sqft at AED 9,800,550. Price history (12 months): ranging from AED 5112 to AED 5157/sqft.
Unit mix: 6 × 1BR, 56 × 2BR, 71 × 3BR, 0 × 4BR. Total: 275 units. Branded as Luxury Brandpremium positioning.
Tier: PREMIUM. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in JLT range AED 3982–4982/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2016. Floors: 31. Branded partnership with Luxury Brand ensures concierge and lifestyle services.
31 floors. Total units: 275. Average units/floor: 9. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (56 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 7 mins. Nearby Station metro: 16 mins. Downtown Dubai: 48 mins. Airport (DXB): 32 mins.
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.
Located in JLT, a premium 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.
Service charge: ~AED 1568.6999999999998/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 196087.5/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
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.
Gross rental yield: 3.9%–5.4%. 1BR typical rent: AED 19,720.75/month. 2BR: AED 19,302.833/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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