Tiffany Tower, JLT

HIGHLIGHTS

ABOUT Tiffany Tower

Tiffany Tower is a commercial building in Cluster W of Jumeirah Lake Towers (JLT). It is 181.9 metres tall and has 45 storeys with fourlevels of basement designated for parking. There are numerous facilities in Tiffany Tower such as a gym, sauna, steam room and Jacuzzi. Developed by Nakheel Properties, the construction of the building was started in 2006 and completed in 2009.В

Tiffany Tower is a 45-storey commercial building

Jumeirah Lake Tower (JLT) is best known for its commercial and residential skyscrapers. The buildings in the area offer beautiful views of the lake. As per Bayut’s Market Report for 2019, it is one of the popular areas for buying and renting apartments in Dubai.

IN A NUTSHELL

• Developed by Nakheel Properties
• Located in JLT
• Consists of 45 floors above ground
• Four levels of basement parking
• Fitted and furnished offices are available
• Near Damac Properties Metro Station and Saba JLT Bus Stop

BUILDING DETAILS

Facilities in Tiffany Tower

Parking

Parking in Tiffany Tower, JLT is in the basement area. Parking slots are allotted on the basis of the size of the office. Small offices get one, while bigger offices get two or more parking spaces.

Elevators

Tiffany Tower, JLT has seven high-speed elevators. Elevators in Tiffany Tower easily suffice the need of tenants of all offices.В

Security and Concierge Services

CCTV cameras are installed in Tiffany Tower JLT, DubaiВ to ensure the security of the building. There is also a guest registration desk in the lobby.

Fitness Amenities

Tiffany Tower JLT, Dubai has a shared swimming pool, gym, steam room, sauna and Jacuzzi. Tenants of the building can use all these facilities as per their convenience.В

Properties in Tiffany TowerВ

The ground floor in Tiffany Towers consists of retail shops, whereas the rest of the tower has office spaces. Some of the offices come with balconies and lake views.В The building only provides fitted furnished and semi-furnished offices.В

There are a few types of offices in Tiffany Tower:В

• Fitted furnished offices
• Fitted semi-furnished offices

Fitted offices are ready to move in. You just need to bring your equipment and start working. Fitted semi-furnished offices come with the basic fittings only. Fitted furnished offices have higher prices as compared to the semi-furnished units.

Offices in Tiffany TowerВ

Tiffany Towers is a popular building in JLT to rent or buy office units. Offices in Tiffany Tower Dubai range from 895 sq. ft. to 4,873 sq. ft. with rental prices ranging from AED 52k to AED 399k. Some offices feature an attached kitchen and bathroom, while for others there are shared facilities on the floor. Some offices also have a spacious balcony with views of JLT’s high-rise buildings and the lake.В В

Prices for fitted office units start from AED 52k for 895 sq. ft. of office space and can go up to AED 399k for 4,873 sq. ft. of space.В В

Offices for sale in Tiffany Tower Dubai range from AED 627k to AED 2.45M. Fitted office spaces range from 895 sq. ft. to 4,873 sq. ft. Prices for a fitted office range between AED 894k- AED 2.455M. Full floor fitted offices of up to 11,609 sq. ft. are priced at AED 12.75M.В

Shops in Tiffany Tower

The shops in Tiffany Tower are spread across the ground floor. These spaces are usually used as retail stores, cafes or restaurants. Renting a shop in Tiffany Tower costs around AED 384k to AED 620k annually. These are all shell-and-core options with sizes for a shop ranging from 2,400 sq. ft. to 4,138 sq. ft.В В Shops for sale in Tiffany Tower are also available in different price ranges.

O2 Residence, JLT

HIGHLIGHTS

About O2 Residence

O2 Residence is a residential skyscraper and located in Cluster O of Jumeirah Lake Towers(JLT). Surrounded by palm trees and fountains, the monumental building is 478 ft. tall and has 41 floors, as well as three levels below ground. Listed as one of the most sought-after areas for buying and renting apartments, Jumeirah Lake Towers consists of 26 clusters and features 79 towers, most of which are mixed-use.

This residence features a blend of studio, 1, 2, 3 and 4-bedroom apartments. The construction began in 2005 and the apartments were handed over in 2009. The building is developed by Nakheel Properties, a company that has an impressive portfolio of residential projects including Palm Jumeirah, Dragon City, Al Furjan and Jumeirah Islands. The design was proposed by Artec Consultants who are well-known for designing and planning art facilities.

The community is set near Sheikh Zayed Road (E11) and has easy access to metro stations, making it easier for residents to travel by car or public transport. The building is dotted close to Armada Towers and Jumeirah Lake Park.

IN A NUTSHELL

• Developed by Nakheel Properties
• Located in Cluster O of Jumeirah Lake Towers
• 41 floors above ground
• Has a swimming pool and an indoor basketball court
• Features studio, 1, 2, 3 and 4-bedroom apartments
• Close to JLT Park
• Provides easy access to supermarkets, restaurants and cafГ©s

BUILDING DETAILS

Facilities in O2 Residence

Parking

Residents receive at least one dedicated slot for parking in O2 Residence, JLT. Guests can park their cars in the public parking spaces located in each cluster.

Elevators

There are four high-speed elevators in O2 Residence, JLT.

Security, Central Air-Conditioning and Maintenance ServicesВ

The building has round-the-clock security services and is also monitored through CCTV. Each apartment has a central heating plus a central air conditioning systemprovided by Empower. The water and power is supplied by DEWA.

Gym and Fitness FacilitiesВ

There is a large gym in O2 Residence, Dubai with training equipment such as a treadmill, chest press, squat station, bench press and pull up bar. Large glass windows are also installed in the gym. The tower also has a large swimming pool, which looks like a wavy passage where some part of the pool is indoor and some part is outdoor. Right next to the swimming pool is the Jacuzzi. There is a sauna and steam room as well.

Lifestyle Amenities

Sports lovers can spend time in the indoor basketball court. The building has a kids’ play area. JLT Park is 6 minutes away from the O2 Residence.

Concierge and Guest ServicesВ

The building has an efficient concierge to attend to visitors, guests and residents. Guests can wait in the high-end lobby until they are received by their host.

Safety Features

The building has a vigilant fire alarm and fire fighting system.

O2 Residence Floor PlansВ

Apartments in the skyscraper are built on different designs and configurations, which can be seen in the following floor plans:

• 1-bedroom apartments in O2 Residence, Dubai consist of eight different unit types
• 2-bedroom apartments in O2 Residence, JLT Cluster O consist of two different unit types
• 3-bedroom apartments in O2 Residence, JLT Cluster O consist of four different unit types
• 4-bedroom apartments in O2 Residence, JLT Cluster O consist of two different unit types
• 5-bedroom apartments in O2 Residence, JLT Cluster O consist of one unit type

People interested in buying or renting apartments can view the O2 Residence floor plans, which are designed in 2D and 3D models by Bayut.

Apartment Types in O2 Residence

The tower houses various residential units, ranging from studios to 4-bedroom apartments.

Studio Apartments in O2 Residence

Studio apartments in O2 Residence are built upon around 580 sq. ft. of area. The units have white walls and white marble flooring. They feature a comfortable living and sleeping area, along with a built-in wardrobe. There is an open kitchen with wooden cabinets and granite top. The studio units are quite bright during the day because of the big glass sliding door in the living room. The bathroom is equipped with a bathtub and other sanitaryware.

1-Bedroom Apartments in O2 Residence

1-bedroom apartments in O2 Residence cover an area of about 855 sq. ft. to 1,087 sq. ft. The living area comes with an open kitchen and a balcony offering scenic views of the community. There are two bathrooms in the unit with fitted sanitaryware, one of which is ensuite. The bedroom is quite spacious and comes with a built-in wardrobe.

2-Bedroom Apartments in O2 Residence

2-bedroom apartments in O2 Residence are mostly situated on the lower floor and cover an area of about 1,523 sq. ft. They are spacious and have two master bedrooms along with three bathrooms. The infrastructure of these units is quite different from other apartments. The kitchen is not a typical square or rectangle. According to its floor plan, it has a wall that separates it from the living room.

The kitchen has a set of windows that keep it bright during the day. Both bedrooms also have double-glazed glass windows. The bathroom has a glass sliding door that separates the shower area from the rest of the bathroom. The balcony is spacious enough to accommodate a small coffee table and chairs.

3-Bedroom Apartments in O2 ResidenceВ

3-bedroom apartments in O2 Residence have a coverage area of almost 1,946 sq. ft. to 2,000 sq. ft. They come with 4 bathrooms including one guest bathroom. There are 2 balconies which provide views of the community and keep the flats well-lit. These units have a semi-open kitchen with fitted cabinets. There is a small dining area across the kitchen which has a sliding glass door. The bedrooms are equipped with fitted wardrobes.

4-Bedroom apartments in O2 Residence

4 bedroom apartments in O2 Residence are found on the higher floors of the building, with some duplex units also available. They cover almost 3,941 sq. ft. to 4,000 sq. ft. of space and have 4 spacious bedrooms as well as 5 bathrooms. Most units are fully furnished. The higher and lower unit of the duplex is connected through a round staircase. One can enjoy views of the Dubai Marina from the balcony. There is a storage area and a maid’s room in the flat. The kitchen is found on the lower floor of the apartments.

Most Popular Apartment Types in O2 Residence

• Studio
• 1-Bed
• 2-Bed
• 3-Bed
• 4-Bed

Based on searches conducted by users on Bayut over the past 12 months

1-bedroom apartments stand on the 1st position as the most popular apartment types, while 2-bedroom flats stand on the 2nd position. 3-bedroom apartments come in 3rd and studio units and 4-bedroom apartments follow behind.

Rental Trends in O2 Residence

Rental apartments in Jumeirah Lake Towers are listed among the best in Dubai. Apartments for rent in O2 Residence provide residents with a wonderful and affordable accommodation, as well as a quality lifestyle.

• Studio apartments in O2 Residence range from AED 47k to AED 50k per year.
• 1-bedroom apartments for rent range from AED 68k to AED 85k yearly.
• 2-bedroom apartments cost AED 90k onwards annually.
• 3-bedroom apartments are priced from AED 140k onwards for a year.
• The yearly rent for 4-bedroom apartments ranges from AED 150k to AED 200k.

Usually, realtors ask for 2 to 3 cheques per year for rental payments.

Sale Trends in O2 Residence

Apartments for sale in Jumeirah Lake Towers provide investors with a wonderful opportunity to put their money into valuable accommodation. Apartments for sale in O2 Residence also offer wonderful returns.

• Studio apartments in O2 Residence cost approximately AED 800k.
• 1-bedroom apartments for sale in O2 Residence cost between AED 830k and AED 1.15M.
• 2-bedroom apartments in O2 Residence range from AED 1.3M to AED 2M.
• 3-bedroom apartments in O2 Residence are priced from AED 1.5M to AED 2M.
• 4-bedroom apartments in O2 Residence cost around AED 3.4M to AED 3.65M.

Rental Yield in O2 Residence

• Studio
• 1-Bed
• 2-Bed
• 3-Bed
• 4-Bed

Based on searches conducted by users on Bayut over the past 12 months

1-bedroom apartments in the residence top the chart for having the highest return on investment (ROI) at 8.21%. 3-bedroom apartments come next with an ROI of 8.19%. Studio units stand on the 3rd position with a 7.9% ROI. On the 4th and 5th position, there are 2-bedroom and 4-bedroom apartments with 5.7% and 4.8%, respectively.

Service Charges in O2 Residence

These figures are based on the services charges for O2 Residence* as per the Dubai Land Department.

There are many different types of service charges index. You read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near O2 ResidenceВ

It is convenient for residents to commute to other places from the residence. There are multiple options of transportation near O2 Residence.

Tram Stations near O2 Residence

There is a tram facility for residents, which they can board from Jumeirah Lakes Towers Tram Station, which is 11 minutes away and Dubai Marina Mall Tram Station, which is 13 minutes away.

Metro Stations near O2 Residence

Most of the residents travel by metro, which connects all of Dubai. The Damac Properties Metro Station is nearest and can be reached within 8 minutes. DMCC Metro Station is an 11-minute drive from the tower, whereas Nakheel Metro Station is 13 minutes away.

Bus Stations near O2 Residence

The nearest bus station is Saba 1 Tower Bus Stop, which is at a walking distance. Tiffany Tower Bus Stop is 6 minutes away, while Dubai Arch Tower Bus Stop is an 8-minute drive away.

Restaurants near O2 ResidenceВ

Popular restaurants near O2 Residence include the following:

• Hyu Korean Restaurant
• Kulcha King
• Tibbs Frankie
• Aroos Al Bahr

These restaurants are at a walking distance from the tower. Hyu Korean Restaurant is a pocket-friendly eatery with a nice ambience. Serving authenticKorean food, it offers lunch deals for AED 35. Named after a traditional flatbread famous in Asia, Kulcha King is an Indian cuisine restaurant. It operates at eight different locations in Dubai and Sharjah. Tibbs Frankie serves wrap that has a nice blend of Lebanese and Indian spices. They are known to have value-for-money food on their menu. Buzz Adda is another Indian restaurant which is just 2 minutes away from the building.

Fine dining restaurants near the building are:

• Nola Eatery & Social House
• Mythos Kouzina & Grill
• Nais Italian Kitchen

Nola Eatery & Social House is 2 minutes away and has a New Orleans inspired menu including vegan and non-vegetarian dishes including burgers, sliders, grill food and salads. Mythos Kouzina & Grill, 3 minutes away, has an indoor and outdoor seating area on the terrace. It is one of the most popular restaurants in Jumeirah Lake Towers. Both these restaurants are part of Armada BlueBay Hotel. 9 minutes away is Nais Italian Kitchen, which serves authentic Italian dishes.

Supermarkets near O2 Residence

Supermarkets near O2 Residence include the likes of:

• Carrefour Market
• West Zone Supermarket
• Zoom
• Manila Mart

Carrefour Market is just blocks away from the tower while West Zone Supermarket is on the ground floor of the building. Besides these, there is an array of supermarkets near the skyscraper, especially towards the East. Not more than a 5 to 7-minute drive away, there are two branches of Zoom, as well as Manila Mart, Sarve Mini Mart, Fresh Berry Supermarket, Carrefour, West Zone Fresh Supermarket and Joudi Mini Mart.

NEARBY BUILDINGS

• Reef Tower – residential complex
• Armada Tower – residential building
• Indigo Icon Tower – residential building
• Armada BlueBay Hotel

There are a couple of residential buildings near O2 Residence, such as Reef Tower, Armada Tower and Indigo Icon Tower. One of the many nearby hotels is Armada BlueBay Hotel.

Major Landmarks

Landmarks near O2 Residence include:

• The Walk
• Dubai Marina Mall
• Jumeirah Lakes Towers Park

The Walk, located 15 minutes away, is a shopping and dining promenade in Dubai Marina. It is one of the most popular tourist hotspots. It has various restaurants and shops, as well as a cinema and other entertainment options.

The Walk has various restaurants and shops, as well as a cinema.

Dubai Marina Mall is located 14 minutes away in Dubai Marina. It is 4 floors tall and is spread over 390,000 sq. ft. There are more than 130 shopping outlets in Dubai Marina Mall, as well as the six-screen Reel Cinemas.

The Mall is popular among locals and tourists, featuring numerous restaurants and outlets.

6 minutes away is Jumeirah Lakes Towers Park. Also known as JLT Park, it is located across Clusters O and P and is suitable for people of all ages, from toddlers to the elderly who like to take walks to stay fit. It also features a range of food and drink options, as well as an open-air cinema.

THINGS TO CONSIDER

The apartments of O2 Residence are quite affordable. Residents might complain about the shortage of visitors parking and lots of traffic that they have to face while moving towards Sheikh Zayed Road.

Are you looking to buy or rent apartments in O2 Residence?