Jumeirah Lake Towers 2023 Market Report

With its prime location, stunning high-rise towers, and lakeside views, Jumeirah Lake Towers (JLT) maintained its allure throughout 2023. After a spike in previous years, average property prices remained stable – offering excellent opportunities for sellers. Investors also got a piece of the action thanks to the high investment yield in the area.

1 and 2-bedroom units made up most transactions, aligning with available options and buyer choices.

Despite rising rental prices, JLT also remained a top choice among tenants as seen in the multiple new contracts signed.