The Residences JLT
- Completed 2019
- 81 units
- 1 floors
- 11 lifts
- 305 parking bays
- 2 pools
A 3 bed in The Residences JLT costs a median AED 5.65M and rents long-let for AED 210,000/yr (3.7% gross).
3 bed · typical price
5.65MAED
AED 2,632/sqft
- Rent a year
- AED 210,000
- Gross yield
- 3.7%
- vs Jumeirah Lake Towers
- 35% above the median
Cost to buy, all inAED 6.00M
- Price
- AED 5.65M
- DLD fee 4%
- AED 226,000
- Agent 2% + VAT
- AED 118,650
- Trustee
- AED 4,200
Fees repaid by rent20 months
Is The Residences JLT a good investment?The rent pays below the Dubai median, rents are slipping and few units change hands
- Does it pay a good rent?3.7% gross, before the service charge (not on file) (Dubai median 6.8%)3.7%Watch
- Is it easy to let?37% of units signed a yearly lease in 12 months; the typical Jumeirah Lake Towers building manages 38%37%Fair
Jumeirah Lake Towers median 38% · top tenth from 69%The Residences JLT · 37% Across 30 Jumeirah Lake Towers buildings with 40 or more units, the median signed annual leases on 38% of units in 12 months and the top tenth on 69% or more; The Residences JLT is at 37%.
- Are rents going up?New 3 bed leases: AED 225,600 a year ago, AED 210,000 now-6.9%Watch
- How fast do fees pay back?AED 348,850 in fees to buy a 3 bed; rent covers it in 1.7 years1.7 yrs
- Can I sell easily?4 sales in 12 months, 5% of the tower (6 the year before)4Watch
- Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
- Did earlier buyers gain?Up 64% for buyers 5 years ago; up 69% for launch buyers, before fees+64.4%Context
Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026
The Residences JLT prices and rents by unit typeA three-bed costs about AED 5.65M and rents for about AED 210,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · Jumeirah Lake Towers · area median AED 1,944/sqft
- vs area median
- +35.4%
- Rank by price per sqft
- 2nd of 15
- Off-plan price gain, 2018–2020
- +67.3% · +7.6%/yr
Rental income
3 bed · Jumeirah Lake Towers
- Gross yield
- 3.7%
- Median new rent
- AED 210,000/yr
- Yield vs area median
- -2.0 pts
- Yield vs Dubai (6.8%)
- -3.0 pts
- Yield rank, all unit types
- 20th of 20
- Renewal rent
- AED 267,500/yr
- New tenants pay vs sitting (8 renewals)
- -21.5%
Read with care
- Thin sample — 3 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 3 bed: Jan 2018, AED 3,500,000; latest, Oct 2026, AED 5,650,000; peak, Jul 2026, AED 6,500,000. Rent on new leases: Apr 2013, AED 88,000 a year; latest, Oct 2026, AED 391,729.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,659 · before fees
- Launch, 2017–20
- 1,573
- +69%
- 5 sales
- 5 years ago
- 1,618
- +64%
- 10 sales
- 3 years ago
- 1,726
- +54%
- 29 sales
- Previous 12 months
- 2,253
- +18%
- 6 sales
- Last 12 months
- 2,659
- today
- 4 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
4 resales in the last 12 months.
Comparables in Jumeirah Lake Towers
Every Jumeirah Lake Towers building with a page, ranked by price per sqft over the same 12 months, all unit types. The Residences JLT places 10th of 67; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Residences JLT (AED 2,659/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 3 bed, The Residences JLT has registered sale prices 35% above the Jumeirah Lake Towers median price per square foot of 1,944 AED, across 15 eligible buildings. It ranks 2nd of 15 by price per square foot in Jumeirah Lake Towers.
Market context in Jumeirah Lake Towers
Registered sales activity
885 ready apartment sales in the 12 months to 2026-10-12.
+2.9% in median AED/sqft versus the preceding year, supported by 885 current and 1,483 prior price observations.
Explore sales activityPlanned apartment projects
1,600 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
8 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today.
Ready prices per sqft fell in 25% of 68 buildings (counted once per bedroom type) in Jumeirah Lake Towers with sales in both years; the typical one moved +4.7%.
New-lease rents fell in 65% of 55 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About The Residences JLT
The Residences JLT is an apartment building completed in 2019 in Jumeirah Lake Towers with 81 registered units. 100 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 1
- Lifts
- 11
- Parking bays
- 305
- Pools
- 2
Drive times · typical
- Downtown
- 23 min · 25 km
- DXB Airport
- 27 min · 38 km
- DIFC
- 19 min · 27 km
- Dubai Marina
- 10 min · 5.3 km
- Palm Jumeirah
- 19 min · 15 km
Nearest, as registered
- Metro
- Damac Properties
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
The Residences JLT: AED 2,659 per sq ft, 74% above the median Jumeirah Lake Towers building, and a 3.5% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The Residences JLTAED 2,659
- Jumeirah Lake Towers, readyAED 1,443
- Jumeirah Lake Towers, off-planAED 2,940
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The Residences JLTJumeirah Lake Towers median building
- Jumeirah Lake Towers3.5% vs 6.5%
Nearby in Jumeirah Lake Towers
Prices per sq ft around The Residences JLT, on the mapPrices per sq ft around The Residences JLT, on the map
Uh East by Ellington
Jumeirah Lake Towers · 57 sales, 12 months
1.76M
AED, resale median · 1,905/sqft
Uh West by Ellington
Jumeirah Lake Towers · 55 sales, 12 months
1.88M
AED, resale median · 1,923/sqft
MBL Royal
Jumeirah Lake Towers · 39 sales, 12 months
2.00M
AED, resale median · 1,954/sqft
Concorde Tower 1
Jumeirah Lake Towers · 34 sales, 12 months
1.08M
AED, resale median · 1,254/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 3 bedRead with care
- Rental evidence · 3 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 3 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Residences JLT’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 21,983AED
- 4.5% over 25 years
- Monthly rent
- 17,500AED
- AED 210,000 a year
- Cash needed at purchase
- 2,096,288AED
- 30% down plus AED 401,288 in fees
Owning costs AED 643,760 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in The Residences JLT?
- The Residences JLT returns 3.7% gross: a median new-contract rent of AED 210,000 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 5.65M (median of 3 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 3 bedroom in The Residences JLT cost?
- The median registered sale price is AED 5.65M (2,632 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does The Residences JLT compare with Jumeirah Lake Towers?
- Its 3.7% gross yield sits -2.0 pts against the Jumeirah Lake Towers median of 5.7%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 3 bedroom in The Residences JLT?
- The median new annual rent is AED 210,000, from 8 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in The Residences JLT risen or fallen?
- The median new annual rent changed -6.9% in the trailing 12 months against the previous 12, using 8 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
For agents
Send this page to a client as a branded report
The Residences JLT sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/jumeirah-lake-towers/the-residences
Cite as: Dubai Wealth Index. “The Residences JLT sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/the-residences
Stable dataJSON