Commercial property for sale in JLT
These listings are pulled from our CRM and updated based on live availability.
For SaleJumeirah Lake Towers (JLT)
Fully Furnished Investor Deal Office for Sale in Dubai star
AED 1,634,990
≈ AED 136,249/moMarket guide
JLT market guide
Located in Dubai, Jumeirah Lake Towers is among the busiest commercial business districts. It features several high-rises that surround three man-made lakes within the DMCC business free zone. The price of the commercial units that sell in Jumeirah Lake Towers depends on the commercial tower, the floor, the view over the lake or the road, the size of the units, and whether they are fitted for specific purposes or shell and core. These commercial properties typically sell for less than those in areas like Business Bay or DIFC. The figures below provide a general idea of commercial real estate sale prices in Jumeirah Lake Towers.
| Type | Typical market guide |
|---|---|
| Small fitted office | From around AED 600,000 |
| Mid-size fitted office | Roughly AED 1.2M to AED 3.5M |
| Ground-floor retail unit | Varies with frontage, size and footfall |
| Full floor | From around AED 5M, depending on tower and view |
However, the actual price of the commercial units will depend on the factors discussed above. The figures from the commercial property sale listings above show the current asking prices of commercial units in Jumeirah Lake Towers.
Neighbourhoods
Where to buy in JLT
Cluster A to F (Lake side)
- Best for
- Lake-facing floors in a calmer pocket
- Typical buyer
- Owner-occupiers and professional-services firms
- Nearby
- The lakes, lakeside promenades, JLT Park
- Check before buying
- Fitted or shell-and-core, and any lake-view premium
Cluster G to N (Metro side)
- Best for
- Buyers who want the metro on the doorstep
- Typical buyer
- Investors after easy-to-lease, commute-friendly units
- Nearby
- DMCC Metro station, Sheikh Zayed Road, the tram link
- Check before buying
- Walk time to the station and the rental yield it supports
Cluster X (Mid section)
- Best for
- Bigger floor plates and full-floor purchases
- Typical buyer
- Trading companies and larger owner-occupiers
- Nearby
- Cluster X towers, the central lakes, retail podiums
- Check before buying
- Floor-plate size, ceiling height and peak lift capacity
Almas Tower & Jewellery clusters
- Best for
- A landmark DMCC business address
- Typical buyer
- Commodities, diamond and trading firms
- Nearby
- Almas Tower, the DMCC offices, Almas Conference Centre
- Check before buying
- Licence-activity fit and the service-charge rate per sqft
HDS, Saba, Mazaya & Lake towers
- Best for
- Value units with healthy rental demand
- Typical buyer
- Yield-focused investors and smaller firms
- Nearby
- The lakeside walk, cafes and restaurants, JLT Park
- Check before buying
- Fit-out condition and the realistic re-let rent
Jumeirah Bay & landmark towers
- Best for
- Prestige addresses and full-floor owners
- Typical buyer
- Head offices and established companies
- Nearby
- Jumeirah Bay Towers, Sheikh Zayed Road frontage, the lakes
- Check before buying
- Per-unit parking and how the chiller is billed
Why JLT
Why investors and owners buy in JLT
Freehold within the DMCC free zone
The commercial units within JLT are actually freehold inside the DMCC free zone, meaning that the property owner can own the unit, hold a DMCC licence against it and operate a business under the rules of the free zone.
Rental yields that stack up
Because JLT purchases commercial properties for less than Business Bay or DIFC yet still leases well, commercial properties in JLT tend to provide solid rental yields to investors.
A metro station of its own
JLT has its own metro station with a tram nearby that serves as another source of tenant demand for commercial properties within the development.
Fitted and shell-and-core units
Properties can be purchased in ready-to-use fitted states or shell-and-core states that can be fit out according to the business that will occupy the commercial unit.
Retail and dining around the lakes
JLT's lakeside promenades are lined with cafes, shops and restaurants that bring foot traffic to commercial units with ground floor retail spaces and provide a benefit to the office tenants within the development.
Parking and Sheikh Zayed Road access
The commercial district features generous parking for both visitors and covered parking lots, and its location along Sheikh Zayed Road places clients and the airport within easy driving distance of the buildings.
Buying tools
Talk to our JLT investment team
Our consultants know every cluster and tower in Jumeirah Lake Towers. We can walk you through the DMCC ownership and transfer process, show you the different rental yields, service charges and which towers in Jumeirah Lake Towers tend to resell faster so that we can find the perfect unit for you within your budget. Get in touch with us to start the process.
Checklist
What to check before buying a commercial unit in JLT
- Fitted or shell-and-core, and exactly what's included
- The service-charge rate per square foot and what it covers
- The realistic rental yield if you plan to lease it out
- Whether the DMCC licence and tower suit your activity
- Per-unit parking plus visitor parking nearby
- How the chiller (cooling) is billed: included or separate
- Floor-plate size and ceiling height for your use or fit-out
- Lake or road view, and any premium it carries
- Fit-out approvals from DMCC, Stratum and Concordia, and the timeline
- The title position and any developer or service-charge dues outstanding
- Lift capacity and peak-hour waits in the taller towers
- Walking distance to the DMCC metro station
Can't find the right JLT unit to buy?
Tell us your budget, the rental yield you are looking for, which cluster within Jumeirah Lake Towers you prefer, your licence activity and whether you'd like a fitted or shell and core unit. Our consultants will look into what's available for sale in Jumeirah Lake Towers and put together a shortlist of the best units for you.
Guide
Everything you should know about buying commercial property in JLT
Buying commercial property in JLT
Located within the DMCC free zone, the Jumeirah Lake Towers (JLT) is a high-rise business district built around three man-made lakes. Within this area, there are freehold commercial units to buy, ranging from small offices to full floors and ground-floor retail units. The location boasts its own metro station, plenty of parking and a tower for almost every budget ranging from value buildings to landmark addresses within the DMCC free zone.
Who buys commercial property in JLT?
Investors and owner-occupiers do well within Jumeirah Lake Towers. Investors will find themselves buying commercial units within the JLT and leasing them out to earn a rental yield. Owner-occupiers will find themselves buying the DMCC office or retail unit that they will own and occupy themselves.
Commercial property prices in JLT
The cost of small fitted offices starts from around AED 600,000. The cost of mid-sized fitted offices start from around AED 1.2 million and go up to AED 3.5 million. Full floors start from around AED 5 million. Ground-floor retail units will have varying prices according to their frontage and footfall.
Freehold ownership and the DMCC free zone
The commercial units available within the Jumeirah Lake Towers are freehold and within the DMCC free zone. Under the terms of the DMCC, the owner of the commercial unit can hold a DMCC licence against the property. This licence allows the company to own the commercial unit and benefit from the typical benefits of the DMCC free zone, including 100% foreign ownership. The activity of the DMCC licence has to be aligned with the commercial tower and unit being purchased within the Jumeirah Lake Towers.
Rental yields and returns in JLT
These commercial units offer investors and owner-occupiers the opportunity to purchase buildings that cost less than those in prime business districts such as Business Bay and DIFC, yet still offer good leasing potential. As such, Jumeirah Lake Towers is a very popular choice for investors seeking a commercial property that offers rental income and capital appreciation at a lower price than the prime business districts. Although the potential rental yield on any commercial unit within Jumeirah Lake Towers will depend on the price of the unit, the rental and service charges for the unit, it is always a good idea for prospective buyers to calculate these figures for each unit within the development.
Fitted vs shell-and-core units
Commercial units within the towers can be fitted ready for occupation and use. These fitted commercial units come with partitions, flooring and ceiling panels in place ready for the company to move in and begin using the office. Shell and core commercial units are handed over to the buyer in a bare unit that the company will have to fit out according to their requirements.
Service charges, parking and connectivity
The service charges for commercial units within Jumeirah Lake Towers are billed according to the number of square feet within the unit and the building it is situated within. The charges may or may not include the costs of the chiller for the unit. Units within the Jumeirah Lake Towers have their own metro station and tram stop within the DMCC free zone. The Jumeirah Lake Towers have plenty of on-site parking and have frontage onto the Sheikh Zayed Road. These facilities are some of the reasons why the commercial units within the development are in such high demand from growing DMCC companies.
How Al Ranim Properties helps buyers in JLT
Let us know your budget, the yield you are after, your preferred commercial cluster within the towers and whether you would like a fitted or shell and core commercial unit. Our consultants will shortlist suitable commercial units within the Jumeirah Lake Towers that are currently available for sale. We will explain to you the process of purchasing and owning a commercial unit within the DMCC, including information on service charges and rents. Once you have decided which units you would like to purchase, we will arrange viewings and prepare the necessary paperwork for the transfer of the ownership and title of the commercial unit you have selected to buy.
Explore more with Al Ranim Properties: properties for sale, off-plan projects, mortgage calculator, or contact our team.
FAQ
Commercial Property for Sale in JLT (Jumeirah Lake Towers): your questions
It depends on the specific tower and unit, its size, floor and view, and whether the office is fitted or shell-and-core. Small fitted offices start from around AED 600,000, mid-sized fitted offices start from around AED 1.2M and go up to AED 3.5M for larger offices, and floors start from around AED 5M. Ground-floor retail units vary in price depending on their frontage and footfall. JLT generally prices in below Business Bay and DIFC, which is one of the major benefits of investing in JLT commercial units.
Yes, all commercial units at JLT are freehold within the DMCC free zone allowing foreign individuals and companies to own these commercial properties. If you own a commercial unit at JLT you can hold a DMCC licence against it and operate your business under the free zone regulations which allow for 100% foreign ownership. Our consultants can walk you through the entire process of owning a commercial unit at JLT.
For many investors, yes. As the commercial units at JLT are priced below the most popular commercial districts such as Business Bay and DIFC they offer good rental yields for investors. The actual return on your commercial unit will depend on the price of the unit, the rent it can generate and the service charges for the tower.
The yields will vary from unit to unit and tower to tower depending on the price and the renting potential of the commercial unit. The yield will be driven by the difference between the price paid for the commercial unit and the rent it can generate, less the service charges for the building. Let us know the commercial unit you are interested in and our consultants will walk you through the expected yield.
Yes, every commercial unit at JLT sits within the DMCC free zone. By owning a commercial unit at JLT you can hold a DMCC licence and take advantage of the benefits of operating within a free zone such as 100% foreign ownership of the company and its profits. However, owning a mainland licence or a licence from another free zone in the UAE does not allow you to operate your business from a commercial unit at JLT.
Both types of units are available for purchase within JLT. Fitted offices come ready to use with internal partitions, flooring and ceiling panels already installed within the unit. Shell-and-core units are sold in a state where internal fit out works need to be done according to the specifications you as the buyer require for your business. Let us know which type of commercial unit you are interested in and our consultants can filter listings according to your specifications.
The service charges for JLT will be charged per square foot and may differ from tower to tower. Additionally, the chiller or cooling costs may be included or billed on top of the service charges, which can be quite significant during Dubai's hot summer months. Both of these will impact your net return for the development.
Many individuals who purchase property within JLT are investors looking to rent out the unit. With the metro station, parking and dining along the lakeside in JLT, there is a steady demand for rentals within the development, making it easy for owners to rent out and re-let their property. We can show you the towers that lease the fastest and retain their value.
This will depend on your individual goals for the property within JLT. If you are looking for a property that will accommodate commodities and trading companies, then the landmark towers have a recognised DMCC address. The value towers offer fitted offices at a lower price point. Finally, the floors that have a view of the lake come at a premium but tend to lease and sell well. Let us know whether you intend to use the office or invest in it and one of our consultants will show you the right clusters for your goals.
There are three parties that must sign off on any fit-out of the office within JLT. These are the DMCC, Stratum and Concordia. Any construction company can only begin constructing the office after all three of these organizations have given their approval. This process takes some time, so if your office within JLT is to be constructed in this state, you must account for this in your budget. Our consultants can walk you through all three of these approvals.
Beyond the purchase price of the office, there are additional costs that must be budgeted for, including the DLD transfer fee, the agency fee, DMCC and registration fees for the office and any outstanding service charges for the building. Additionally, if the office is to be constructed in its shell-and-core state, budget for fit-out costs. We will lay out all of the costs for any specific unit for you.
Click on any property listing for more details. Then, reach out to us through the contact form or on WhatsApp. One of our consultants at Al Ranim Properties will confirm your desired unit is available and arrange a viewing for you around your schedule.