Global Lake View Tower is a joint project from the developer Nakheel and the WS Atkins & Partners architectural firm. The 446-foot tall tower includes 34 floors and a three-level underground parking garage. The complex was commissioned in 2009.
The project has a total of 332 units, including 1-4 bedroom apartments and studios. Residential units have wide panoramic windows overlooking Jumeirah Lakes.
Properties range in size from 481 to 3428 square feet. The properties have a starting price of AED 590,000 (USD 161,000). All apartments include open-plan kitchens, en-suite bathrooms, walk-in closets with built-in closets and balconies.
Global Lake View Tower offers its residents the opportunity to live in one of Dubai’s best family communities, Jumeirah Lake Towers. This neighborhood abounds with parklands, walking paths and sports fields. There are several schools and kindergartens, stores, restaurants and entertainment venues in the vicinity. And the ability to quickly get to any part of the city will be very convenient for business people.
Global Lake View Tower has already been commissioned, which allows you to use the property for both personal use and for rent. The project’s profitability is 6.38%. The average long-term rent for a one-bedroom apartment is AED 60,000 (USD 16,200) per year.