1-Bedroom Apartment with Lake View in Jumeirah Lake Towers, Dubai
Apartments
1 bedroom · 2 bathrooms · 94 m² · floor 29 · built 2018
Apartment with lake view on the 29th floor of Preatoni Tower. The complex features two pools, a gym, a sauna and jacuzzi, a conference room, and an outdoor playground. The property is under 24/7 CCTV surveillance with concierge service.
The apartment includes an open-plan living room and kitchen, a bedroom, 2 bathrooms, and a balcony. It can be reconfigured into a 2-bedroom apartment.
Resale property prices in the area have increased 30% since 2020.
Apartments in this and similar developments are actively let. Estimated gross rental yield of approximately 7.8% for long-term rental.
On purchase of a property from USD 205,000, the investor receives a UAE residence permit for themselves, spouse and children.
Permission to stay in the country for up to 3 years with the option to extend.
Opportunity to become a tax resident in the country with a favorable tax regime.
Ability to open bank accounts in UAE banks.
Ability to apply for a Schengen visa or US visa.
No requirement to reside in the country; 1–2 visits annually are sufficient.
Dubai districts
Dubai Marina — 3.1 km
Palm Jumeirah — 10.9 km
Downtown Dubai — 24.5 km
Transport
First Al Khail St — 180 m
Dubai Star Tower bus stop — 220 m
DMCC metro station — 1.3 km
Sheikh Zayed Road — 1.3 km
Dubai Airport — 34.7 km
Institutions
Dubai British School — 3.6 km
Regent International School — 5.1 km
Sunmarke School — 8 km
Optimum Diagnostic Clinic — 3 km
Dubai International Academy (DIA) — 4 km
Armada Medical Centre — 2.2 km
Recreation and attractions
Jumeirah Lakes Towers Park — 1.8 km
Dubai Marina Mall —
