Lake Terrace Tower Building Guide, Jumeirah Lake Towers (JLT)

Lake Terrace Tower is a 40-storey residential building in the Cluster D of Jumeirah Lake Tower (JLT). Developed by DAMAC Properties, the construction of this freehold project was started in 2004 and completed in 2008. Lake Terrace Tower features 544 residential units from where you can see the beautiful views of Almas East Lake. This apartment complex has an amazing design with a turquoise and white facade with a unique disc-style arrangement of balconies.

Lake Terrace Tower provides easy access to the other parts of the city as it is close to two major roads, Sheikh Zayed Road and First Al Khail Street. In this blog, you are going to learn everything you need to know about the Lake Terrace Tower.

Apartment Types in Lake Terrace Tower

Lake Terrace Tower offers a variety of apartment types to cater to different lifestyles and preferences. The apartments in this residential tower are designed to provide luxury and comfortable living. Lake Terrace Tower offers studio, 1, 2, and 3-bedroom apartments for families and individuals.

Studios

Studios cover an area from 473 sq. ft. to 570 sq. ft. These units feature a living area, built-in wardrobes, a kitchen, and a bathroom. Studios are perfect options for individuals and young professionals.

1-Bedroom Apartments

1-bedroom apartments cover the area from 720 sq. ft. to 900 sq. ft. These apartments offer a master bedroom with one or two bathrooms, a built-in wardrobe, a living room, a kitchen, and a balcony.

2-Bedroom Apartments

2-bedroom apartments cover the area from 1,165 sq. ft. to 1,300 sq. ft. Each bedroom in these apartments has en-suite bathrooms and built-in wardrobes. The units also feature a living room or a dining area, kitchen, and balcony for residents to enjoy the views of the lake. 

3-Bedroom Apartments

3-bedroom apartments cover the area from 1,440 sq. ft. to 1,530 sq. ft. These apartments feature three bedrooms, three to four bathrooms, a large living room or a dining area, a balcony, and a kitchen. 

Rental and Sales Trends in Lake Terrace Tower

If you want to buy or rent an apartment in Lake Terrace Tower, it's important to be aware of the current rental and sales trends in the building. Here is an overview of the average yearly rental prices for different apartment types:

• Studio apartments: AED 63,000 to AED 80,000 yearly
• 1-bedroom apartments: AED 75,000 to AED 100,000 yearly
• 2-bedroom apartments: AED 110,000 to AED 140,000 yearly
• 3-bedroom apartments: AED 185,000 to AED 200,000 yearly

Here is a breakdown of the average sales prices for different apartment types:

• Studio apartments: AED 770,000 to AED 880,000
• 1-bedroom apartments: AED 1,050,000 to AED 1,300,000
• 2-bedroom apartments: AED 1,350,000 to AED 1,790,000
• 3-bedroom apartments: AED 1,975,000 to AED 2,500,000

Facilities in Lake Terrace Tower

Lake Terrace Tower offers a wide range of facilities and amenities to enhance the living experience of its residents. Let's have a look at some of the major amenities offered by this residential building:

• Dedicated covered parking spot for each apartment 
• High-speed elevators
• 24-hour CCTV surveillance system and security staff
• Central air conditioning
• Maintenance services
• Gym and fitness facilities 
• A swimming pool
• Children's play areas
• Sauna
• Jacuzzi
• Pet friendly
• 24-hour concierge and guest services

Nearby Amenities

Transportation

Lake Terrace Tower is well-connected to various modes of transportation, making it easy to travel within JLT and other parts of Dubai. Residents can rely on public transportation options such as buses and the Dubai Metro.

Bus

The DMCC Metro Station Landside Bus Stop is located near the residential building and provides easy access to the Dubai bus service. You can take the bus JLT2 which is just a short 4-minute walk away from the building.

Metro

The DMCC Metro Station is also within a 4-minute walk and offers easy connectivity to the rest of Dubai via the Dubai Metro.

Restaurants

Food lovers will appreciate the diverse dining options available near Lake Terrace Tower. The tower is surrounded by several restaurants, including Kcal Restaurant, Saigon Restaurant, and The Desi Inn. All of these restaurants are within a 5-minute drive from the apartment complex. 

Supermarkets

When it comes to grocery and daily household shopping, residents of Lake Terrace Tower have several supermarkets nearby. For grocery shopping and everyday essentials, residents can visit Night Mart, which is located on the ground floor of Lake Terrace Tower. Some other popular supermarkets, such as Park n Shop, Carrefour Market, and Spinneys, are within a 6-minute drive.

Landmarks

Lake Terrace Tower is surrounded by iconic landmarks and attractions. At Dubai Marina Mall, you can explore a wide range of shopping, dining, and entertainment options. You can take a stroll along Dubai Marina Walk, enjoy beautiful views of the lake, and have plenty of restaurants to choose from. Skydive Dubai offers a one-of-a-kind experience for people who love thrill and adventure. All of these landmarks are within a 13-minute drive from the residential building.

Conclusion

Lake Terrace Tower in Jumeirah Lake Towers (JLT) is an exceptional residential building offering a wide range of apartments for rent and sale. It provides the residents with a comfortable and luxurious living experience with its views, a wide range of facilities, and a convenient location. So, if you are looking for a home or an investment option, Lake Terrace Tower has something to suit your needs.