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Content:
Brief
Verde
Floors
59
Starting Price
AED 1,960,000
60% Before-C 30% After-C
20%
Down Payment
Studio
no
1BHK DLX
Apartments
2BHK
1BHK
3BHK
yes
yes
no
no
X
Shops not included
4BHK
5BHK
2BHK DLX
3BHK DLX
yes
4
5
3
Availability
Jumeirah Lake Towers - Dubai - United Arab Emirates
About Project
Set to be one of the tallest residential towers, Verde by Sobha is an architectural marvel that offers splendid views of Jumeirah Island and Emirates Hills villa communities on one side and the Emirates golf course on the other. Featuring world-class amenities, these exquisite homes are designed to suit the discerning taste of the globetrotters. Verde by Sobha is a 59-storeyed uber-luxury residential tower in Dubai’s coveted district- JLT, with 1 - 3 bedroom apartments.
The first project at Jumeirah Lake Towers in close proximity to two metro stations. Located at First Al Khail Street, it is minutes away from Sheikh Zayed Road, Dubai Harbour and Marina, JBR Beach, Marina Mall and Palm Jumeirah. Access uninterrupted panoramic views of vast meadows and green golf course from the thoughtfully crafted spacious abode.
For more detailed listings of commercial properties in Dubai Harbour, Contact sales@hollag.com
Community Brief
Know Your Community
Property Metrics in JLT
The real estate investment, analyzing a property thoroughly is crucial. Let’s explore some key methods and factors related to properties in Jumeirah Lake Towers (JLT):
Capitalization Rate (Cap Rate):
The cap rate is a critical metric for valuing an income-producing property. It represents the required rate of return on real estate, accounting for value appreciation or depreciation.
To estimate the resale value of a property, apply the cap rate to the Net Operating Income (NOI). The formula is: [ \text{Market value} = \frac{\text{Net operating income}}{\text{cap rate}} ]
For example, if a property generates an NOI of $1 million over ten years and the cap rate is 14%, the market value would be approximately $7,142,857.
Real Estate Valuation Methods:
Determining the capitalization rate is essential. Several methods help find an appropriate cap rate:
Discounted Future NOI: Similar to discounted cash flow (DCF) valuations for stocks, this method discounts future NOI by an appropriate rate.
Gross Income Multiplier Model: Comparable to relative value valuations with stocks, it integrates gross income data.
Keep in mind that property markets are less liquid and transparent than the stock market, making information gathering challenging.
Four Facets of Real Estate Investment Analysis:
To analyze a potential investment, consider these facets:
Market: Understand local trends, demand, and supply.
Location: Evaluate neighborhood, accessibility, and growth potential.
Property: Assess condition, amenities, and potential for value appreciation.
Financials: Analyze cash flow, expenses, and potential returns.
Rental Property Analysis Spreadsheet:
Creating a rental property analysis spreadsheet helps track cash flow, expenses, and profitability.
Consider factors like rental income, property management costs, taxes, and maintenance expenses.
You can customize a spreadsheet to suit your real estate business needs.
Remember that thorough analysis, due diligence, and understanding local dynamics are essential for successful real estate investments. Happy investing!
For more detailed listings of commercial properties in Jumeirah Lake Towers, Contact sales@hollag.com
Life in Jumeirah Lake Tower
Jumeirah Lake Towers (JLT) is one of the most sought-after residential districts in Dubai. Let’s explore the pros and cons of living in this vibrant area:
Pros of Living in JLT Dubai:
Urban Lifestyle:
JLT offers a dynamic lifestyle with numerous cafes, bars, and restaurants. You’ll always have something new to explore.
Dubai Marina Mall is nearby, where you can watch movies or shop at luxury stores.
Proximity to entertainment zones like Blue waters Island, The Pointe, and JBR Beach adds to the allure.
Freehold Area:
JLT is a freehold area, allowing UAE Nationals, GCC residents, foreigners, and expats to enjoy complete ownership of property. This makes it an attractive option for investors.
Excellent Amenities:
JLT provides essential amenities such as supermarkets, convenience stores, banks, pharmacies, and clinics. You’ll find everything you need within reach.
Stunning Apartments with Waterfront Views:
The area features a beautiful man-made lake surrounded by high-rise apartments.
Most flats for rent in JLT come with breathtaking waterfront views.
Buildings offer facilities like swimming pools, gyms, saunas, and 24-hour security.
Affordable Rent:
Rental prices in JLT are comparatively less than in Dubai Marina.
Studio apartments start from AED 58,000, 1-bedroom units range between AED 75,000 and AED 160,000, and 2-bedroom apartments vary from AED 85,000 to AED 300,000 per annum.
Cons of Living in JLT Dubai:
Traffic Congestion:
Like many urban areas, JLT can experience traffic congestion during peak hours.
Plan your commute accordingly.
Noise Levels:
High-rise living means you might experience noise from neighboring apartments or construction activities.
Choose your building wisely to minimize disturbances.
Limited Green Spaces:
While JLT has parks and recreational areas, it lacks extensive green spaces compared to suburban neighborhoods.
In summary, Jumeirah Lake Towers offers a vibrant lifestyle, stunning views, and convenient amenities. Consider your priorities and enjoy the best of what this area has to offer!
For more detailed listings of commercial properties in Jumeirah Lake Towers, Contact sales@hollag.com
Cost of Living in JLT
Certainly! Let’s explore the cost of living in Jumeirah Lake Towers (JLT), Dubai. Keep in mind that these estimates are subject to change and can vary based on individual preferences and lifestyle. Here’s a summary of the cost of living in JLT:
Restaurants:
Inexpensive restaurant meal: 40.00 AED
Mid-range restaurant meal for two (three-course): 300.00 AED
McDonald’s combo meal: 35.00 AED
Domestic beer (1 pint): 50.00 AED
Imported beer (12 oz): 45.00 AED
Cappuccino (regular): 21.26 AED
Groceries:
Milk (1 gallon): 28.57 AED
Loaf of fresh white bread (1 lb): 5.44 AED
Rice (white, 1 lb): 3.67 AED
Eggs (regular, 12): 11.59 AED
Chicken fillets (1 lb): 14.02 AED
Transportation:
One-way local transport ticket: 6.25 AED
Monthly pass (regular price): 300.00 AED
Taxi start (normal tariff): 12.00 AED
Utilities (Monthly):
Utility costs can vary based on usage and housing type.
Keep in mind that Dubai South offers a mix of residential and commercial properties, and the cost of living can differ based on your lifestyle choices.
For more detailed listings of commercial properties in Jumeirah Lake Towers, Contact sales@hollag.com
Business Opportunities JLT
If you’re considering business opportunities in Jumeirah Lake Towers (JLT), Dubai, there are several avenues worth exploring. Here’s a guide to help you get started:
Company Formation in Jumeirah Lake Towers (JLT):
JLT is a well-established free zone within Dubai, known for its attractive business environment.
Thousands of companies from various countries have chosen JLT for company formation.
It’s particularly popular for businesses in the commodities sector, finance, insurance, and logistics.
JLT offers commercial, residential, and retail properties for sale and lease, surrounded by several free zones, making it an attractive deal for foreign investors.
Types of Licenses Available:
General Trading License: Allows importing, exporting, distributing, consolidating, and storing various product types.
Industrial License: Permits light production activities specified in the license.
Service License: Enables service or consultancy activities specified in the license.
Commodities Trading License: Allows trading of permitted goods mentioned in the license.
Steps for Registering a Company in JLT:
Identify the legal form of your company.
Decide on the business activity from the DMCC activity list.
Obtain initial approval from the authority.
Submit required documents and pay fees.
Office Spaces and Facilities:
JLT offers a variety of office spaces, including serviced offices, private offices, and coworking spaces.
Consider factors like location, amenities, and transport links when choosing your office space.
Prominent Business Centers in JLT:
Jumeirah Business Centre 3: A commercial tower project with a strategic location within JLT.
Damac Business Tower: Located near Sheikh Zayed Road and Dubai Expo venue.
Wasl Square: Explore premium Dubai properties for sale or rent in prime locations345.
Remember to conduct thorough research, seek professional advice, and explore the specific business opportunities that align with your goals. Dubai’s dynamic business landscape offers diverse possibilities for entrepreneurs and investors.
For more detailed listings of commercial properties in Jumeirah Lake Towers, Contact sales@hollag.com
Popular Restaurants JLT
When it comes to dining in Jumeirah Lake Towers (JLT), you’ll find a mix of culinary options to satisfy your taste buds. Here are some popular restaurants in the area:
Couqley French Bistro & Bar:
A delightful French bistro offering tasty dishes. Don’t miss their mini burgers and scrumptious desserts.
Urban Bar & Kitchen (UBK):
A lively bar with an international menu. Their chicken wings are awesome, and the live music adds to the ambiance.
Social Company:
Located at Zabeel House, this spot serves a great breakfast. Joseph provides excellent service, making it a memorable experience.
McGettigan’s JLT:
An Irish bar with good drinks and reasonable prices. Enjoy a great time with friends.
TJ’s Dubai:
Known for its Christmas brunch, TJ’s offers a fun atmosphere. Andrew, Ashwini, and the team provide outstanding service.
Motorino Pizzeria:
For pizza lovers, Motorino is a must-visit. Their pizza and pasta are highly recommended.
Enjoy Italian cuisine with good music. The staff is helpful, and it’s a great spot for a meal.
Shamiana:
Try their tasty Indian and Asian dishes. The lassoni prawns and biryani are highlights.
Paros Dubai:
A bar with an amazing view. Perfect for a relaxing evening.
Wokyo Noodle Bar JLT:
If you’re a noodle fan, Wokyo offers huge bowls of slurptastic noodles. Delicious ramen and outstanding service.
Remember to check their operating hours and make reservations if needed. Bon appétit!
For more detailed listings of commercial properties in Jumeirah Lake Towers, Contact sales@hollag.com
Amenities
Amenities
Launch Video
Launch Video
Floor Plan
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Floo Plan
Locaion Map
Location & Amenities Map
Interior
Contact Us
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