United Arab Emirates, Dubai, Jumeirah Lakes Towers, Jumeirah Lakes Towers
AED 1.50M
Overview
Property ID: D21477
D21477
Property ID
615
sqft
Description
Laguna Tower is a multifunctional complex, which includes a five-star hotel Movenpick Hotels and blocks of residential residences. The project was implemented by the developer IFA Hotels & Resorts. The high-rise building has 40 floors and two-level underground parking. It was commissioned in 2011.
There are 296 residential units in the building: studios, 1, 2, and 3-bedroom apartments and penthouses of different sizes and layouts. There is a view to Jumeirah Lakes Towers area and Lake Lakes Almas West.
Residents have access to all the benefits of the complex’s infrastructure:
24 hour security with video surveillance;
24/7 concierge service;
underground parking for 440 cars;
a conference room for events;
a cleaning service;
a fitness center;
a spa;
a sauna;
a restaurant;
a children’s area;
a swimming pool.
Payback
The project has a 6.38% return on investment. The average cost of a long-term lease for a one-bedroom apartment is AED 66,000 (USD 17,820) per year.
