Vacant Office · Fully Fitted · Dmcc License
Jumeirah Lake Towers· Verified Network· Ref RS-L-11905964
Listing data verified in the last few hours
A well‑located JLT office priced about 18% below market delivers a solid 7.2% gross yield, making it an attractive buy for income‑focused investors.
AI Investor Narrative
Why this listing scores the way it does
The listing is a 1,274 sq ft ready‑to‑move office in Jumeirah Lake Towers, priced at AED 2.2 million (≈AED 1,727 per sq ft). Our internal pricing model shows the unit is roughly 18% under the district median, which drives the internal overall score to 75 and the location score to 80. The gross yield of 7.2% is above the typical range for comparable office assets in the market, supporting a BUY recommendation. However, investors should temper expectations: net yields will be 1–2 points lower after service charges, vacancy and management fees, putting realistic net returns around 5.2%–6.2%.
Deal signals
- underpriced80/100
priceVsMarket_percent = -18 indicates the unit is 18% below district median price per sq ft
- high yield70/100
internal_estimated_yield = 7.2% gross yield for a ready office
Risk flags
- oversupplymedium
JLT has a high concentration of office inventory, which could pressure rents
- liquiditylow
0 days on market suggests fresh listing but limited transaction history in the building
- developer creditlow
Developer C R C Real Estate is not a marquee brand, but no known credit issues
Comparables
Negotiation playbook
Anchor the price at the district median of roughly AED 2,106 per sq ft, highlighting the 18% discount (AED 1,727 vs AED 2,106). Emphasise the zero days on market as a sign the seller may be motivated to close quickly. Request verification of the DLD transaction register to confirm the unit’s title and recent comparable sales before finalising the offer.
Seller-intent signals
Signal strength: 62/100 · 2 indicators
Verdict
Yield forecast
3-year appreciation
Market pulse · Jumeirah Lake Towers
Sentiment +0 · stable
Due to insufficient recent listing data, the outlook for Jumeirah Lake Towers remains uncertain. As a result, it's challenging to predict market trends with confidence. Further data is required to assess potential market shifts.
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SELECTED PROPERTY
Vacant Office · Fully Fitted · Dmcc License
Intel Score: 75/100
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