Yield-led
JLT
Jumeirah Lake Towers
Yield and walkability without paying for waterfront.
Gross yield
7.5%
QoQ
+0.5 pp
Price/sqft
Dh1,540
Median
Dh1.2M
Gross yield?
7.5%
QoQ change?
+0.5 pp
Price / sqft?
Dh1,540
Median ticket?
Dh1.2M
Handovers next 12mo?
0
Time to sell?
34 days
Rent change YoY?
+12.4%
Median annual rent?
Dh92,000
“Yield and walkability without paying for waterfront. Tenant churn from JLT keeps rent rising.”
Demand drivers
Tenant churn from JLT into JVC pushed signed rents up. Metro and tram connectivity is the structural edge.
Supply outlook
Mature; almost no new completions in core. Tower service-charge variance matters.
Strategy fit
Yield with mild growth tilt. Choose tower carefully.
Comparable areas
Marina (more expensive, similar walk) and Greens (quieter).
12-month thesis
12 to 18 months holds for the next absorption wave.