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Green Lakes 1
by Asam Real Estate

Apartments with one, two or three bedrooms

AED 420 K Starting price
Ready Handover
Green Lakes 1by Asam Real Estate

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 420,000
Location Jumeirah Lake Towers
Developer Asam Investments & Real Estate
Handover Ready
Living Area 979 sq. ft.
Bedrooms 1-3 BR
Total amount of units 251
ROI 7%
Apartments

Freehold apartments for sale in Green Lakes 1 come with one, two or three bedrooms and share a pool, health club, spa, gym, sauna and steam room inside a completed Cluster S tower.

Rising 131 metres across 34 storeys, Green Lakes 1 is the first tower of the Green Lakes cluster and holds 251 apartments on plot S1 of Cluster S. The building is residential only, so no office traffic shares the lobby and the lift cores stay dedicated to residents. Apartments come with one, two or three bedrooms; the one-bedroom plans measure 979 to 1,085 sq ft, while the three-bedroom layout adds a semi-open kitchen, five bathrooms and a maid's room, reading as family accommodation rather than pure investor stock. The developer handed the apartments over furnished to a high standard, so interiors arrive finished instead of as a shell to fit out. Shared facilities cover a swimming pool, health club, spa, state-of-the-art gymnasium with sauna and steam room, and a generous barbecue terrace. Retail outlets sit within the building, underground parking serves residents, and several high-speed lifts keep the tower moving. Upper-floor windows frame either the JLT lakes below or the Sheikh Zayed Road corridor towards Dubai Marina.

Green Lakes 1
About Green Lakes 1

Overview of Green Lakes 1
by Asam Investments & Real Estate

Among apartments for sale in Jumeirah Lake Towers, this delivered lakeside tower offers immediate occupancy, furnished residences and an established free-zone community rather than the wait attached to a construction schedule.

7%

Average ROI

9%

Maximum ROI

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Community

Jumeirah Lake Towers covers 200 hectares opposite Dubai Marina. Its 26 clusters sit around three man-made lakes, a central park and a 7-kilometre promenade. The district combines apartments and offices across 87 towers, creating a lively mix of residents, workers and diners. More than 35,000 people and over 500 companies are based here. Young professionals, families and expatriates are drawn to its high-rise waterfront setting and established free-zone community.

Daily essentials are close at hand, with restaurants, supermarkets, pharmacies, nurseries and clinics throughout JLT. Full-service care is available at Mediclinic Meadows, Saudi German Hospital and Al Zahra Hospital in Al Barsha. The district has no schools, but Emirates International School Meadows, Dubai British School Jumeirah Park and Dubai International Academy Emirates Hills are nearby. Ibn Battuta Mall is 11 min away by car, Mall of the Emirates about 15 minutes, and Dubai International Airport 23 minutes.

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Interior

Most apartments were delivered furnished to a high standard, giving the interiors a finished residential character rather than a shell condition. Living spaces are arranged to make the most of views across the JLT lakes or towards Sheikh Zayed Road and Dubai Marina. In one-bedroom apartments, the 979 to 1,085 sq ft floor area allows clear separation between the living and sleeping zones.

The three-bedroom apartment uses a semi-open kitchen, connecting the cooking and dining areas while retaining separation from the main living space. Five bathrooms and a maid's room support family use and shared occupancy. Furnished handover reduces the amount of fit-out required by an incoming owner or tenant, while the apartment's larger service spaces distinguish it from the more compact one-bedroom configuration.

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Infrastructure

Retail outlets inside the tower cover small daily errands. Beyond the lobby, JLT offers everything from quick lunch counters serving nearby offices to lakeside terraces that become busy after work. Supermarkets, cafés, pharmacies such as Life Pharmacy, salons and laundries occupy podium levels in Cluster S and neighbouring clusters. Residents can reach them on foot along the promenade, while Paddington and Kid Kare nurseries serve families with young children.

Dubai Marina Mall is 10 minutes away by car, while Ibn Battuta Mall takes 11 minutes and Mall of the Emirates about 15. Aster Clinic is 6 minutes from the tower; Mediclinic Meadows is 10 minutes away. Sobha Realty Metro Station is a 1-minute drive and is also within walking distance. DMCC Metro Station takes 7 minutes by car, Al Khail stations take 9 minutes, and the electric JLT Link shuttle serves 13 stops across the district.

Overview

Considering Green Lakes 1 as your next investment?

Amenities of Green Lakes 1

Wellness, leisure and security facilities that residents of the tower use every day, all within the building itself.

Swimming pool

Swimming pool

State-of-the-art gym

State-of-the-art gym

Steam room

Steam room

Health club
Residents' spa
Dry sauna
Spacious BBQ area
Underground parking
High-speed elevators
24-hour security
CCTV-monitored security staff
Key-card security access
On-site maintenance team
Retail outlets in the building

Gallery of Green Lakes 1 by Asam Investments & Real Estate

Gallery

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

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Green Lakes 1
About Us

Economic Attractiveness

Delivered by Asam Investments & Real Estate, the tower trades on an active secondary market with Land Department activity recorded into 2026.

Get Full Investment Details

2,00 mln -5%

Median price (AED)

1,540 9%

Median price per sqft (AED)

19 -47%

Transactions

Source: Data taken from DXB for the last year, overview Green Lakes 1 by Asam Investments & Real Estate

ROI 7%

Investment appeal rests on the tower's completed status, established service infrastructure and access to DMCC employment. Apartments offer JLT lake or Sheikh Zayed Road views, while the pool, spa, health club and round-the-clock security support tenant demand. Sobha Realty Metro Station is within walking distance, helping the building compete for residents who commute without a car. A tower-specific transaction recorded a 990 sq ft one-bedroom apartment at AED 900,000 in January 2026. As a completed freehold building, purchases proceed on the secondary market by cash or mortgage rather than through a developer instalment plan.

Current resale prices are agreed apartment by apartment, and no verified starting price by bedroom type is available for the tower. Green Lakes 1 offers apartments with one, two or three bedrooms. As Jumeirah Lake Towers is a designated freehold zone, buyers of any nationality can own an apartment outright.

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For Rent

Across all apartment types in the tower, current listings show a blended average rental value of AED 131,874 a year. District figures provide additional context for an investor. One-bedroom asking rents in Jumeirah Lake Towers begin at AED 44,999 a year, while live listings average AED 117 per sq ft annually. Community gross yields are quoted at 7% to 9% for 2026, not as a return recorded for Green Lakes 1. Furnished apartments, metro access and nearby DMCC employment support the letting case.

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For Living

Green Lakes 1 is residential only, so its lobby and lifts are not shared with office users. The pool, health club and barbecue terrace add practical space beyond the apartments. Three-bedroom apartments include a maid's room and semi-open kitchen for family use. Outside the tower, the lakeside promenade and central park make everyday walks easy. Restaurants, nurseries, clinics and supermarkets are available within JLT, while schools, malls and the beach are a short drive away.

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For Resale

Resale is supported by completed freehold stock and an active secondary market. Dubai Land Department data includes 50 sale records for Green Lakes 1, with sale and mortgage activity continuing into 2026. Buyers can occupy or let an apartment once the transfer is complete, without waiting for construction. The tower's lakeside setting, residential-only use and access to DMCC and the metro broaden its appeal to future buyers and tenants.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

About Developer Green Lakes 1

Asam Investments & Real Estate is a Dubai-based developer headquartered in Oud Metha, Bur Dubai.

Asam Investments & Real Estate developed Green Lakes 1 in Jumeirah Lake Towers and Grosvenor House in Dubai Marina. The tower's delivery provides tangible evidence of its residential approach. Apartments were handed over furnished to a high standard, while key-card access, high-speed lifts and communal facilities remain in service. The company is based in Oud Metha, Bur Dubai.

Location of Green Lakes 1 by Asam Investments & Real Estate

Green Lakes 1 stands on plot S1 in Cluster S, beside Sheikh Zayed Road. Sobha Realty Metro Station is within walking distance, Dubai Marina Mall is 10 minutes away, and Dubai International Airport takes 23 minutes by car.

Sheikh Zayed Road and First Al Khail Street provide direct access to Dubai Marina and Jumeirah Beach Residence. Dubai Marina Mall is 10 minutes away by car, JBR The Walk takes 11 minutes, and Ibn Battuta Mall also takes 11 minutes. Mall of the Emirates is about 15 minutes away.

Two Red Line stations serve the community. Sobha Realty Metro Station is within walking distance and a 1-minute drive from the tower; DMCC Metro Station takes 7 minutes by car, while Al Khail stations take 9 minutes. Bus routes and the electric JLT Link shuttle connect the clusters. Dubai International Airport is 23 min away by car.

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Map → Location of Green Lakes 1 by Asam Investments & Real Estate Icon Map PIN

Attractions

Dubai Marina
Mall

icon 10 min

JBR The Walk

11 min

Ibn Battuta Mall

11 min

Health Care

Saudi German
Hospital Dubai

icon 6 min

Aster Clinic, JLT

6 min

Mediclinic Meadows

10 min

Education

Dubai British School
Jumeirah Park

icon 11 min

Emirates International School Meadows

11 min

Dubai International Academy

11 min

Transportation

Sobha Realty Metro
Station

icon 1 min

DMCC Metro Station

7 min

Dubai International Airport

23 min

General FAQs

Below are the questions buyers, tenants and investors ask most often about this tower and about life in Jumeirah Lake Towers. If something you need is missing, our advisers are happy to talk it through.

Ask a Question

Is Jumeirah Lake Towers a good place to live?

JLT suits people who value walkability and public transport. Its clusters sit around three man-made lakes, a 7-kilometre promenade and a central park. Supermarkets, pharmacies, clinics, nurseries and varied dining are available throughout the district, so many daily errands can be handled locally. Sobha Realty and DMCC Metro stations serve the community, alongside the electric JLT Link shuttle. Families should note that JLT has no schools within its boundary, although several British and IB schools are a short drive away.

Who is the developer of Green Lakes 1?

Green Lakes 1 was developed by Asam Investments & Real Estate, a Dubai company based in Oud Metha, Bur Dubai. Its known work also includes Grosvenor House in Dubai Marina and Grosvenor Business Tower, announced as the region's first branded commercial tower. The completed Green Lakes 1 building provides direct evidence of the developer's residential delivery, including furnished apartments, key-card access, high-speed lifts and communal facilities that remain in use.

What apartment types and sizes are available in Green Lakes 1?

The 34-storey building contains 251 apartments with one, two or three bedrooms. One-bedroom apartments measure from 979 to 1,085 sq ft, allowing clear separation between living and sleeping areas. Three-bedroom apartments have a semi-open kitchen, five bathrooms and a maid's room, making them suitable for families or professionals sharing. Most apartments were delivered furnished to a high standard by the developer. Verified size ranges for apartments with two or three bedrooms are not available.

Is Green Lakes 1 ready, or still under construction?

Green Lakes 1 is ready and fully completed, so a purchased apartment can be occupied or let after transfer. Sales take place on the secondary market and settle in cash or through a mortgage rather than under a developer instalment schedule. No current post-handover payment plan is confirmed. Dubai Land Department activity continued into 2026, with both sale and mortgage records showing that the building has an active resale market.

What views do apartments in the tower enjoy?

Orientation determines the outlook. Many apartments face the JLT lakes and landscaped promenade, while others look across Sheikh Zayed Road towards the Dubai Marina skyline. Green Lakes 1 rises 131 metres across 34 storeys, giving upper-floor apartments a broader horizon over the surrounding cluster. The building is residential only, so its apartment floors and lift cores are not shared with offices.

What amenities do residents of Green Lakes 1 have access to?

On-site facilities include a swimming pool, gymnasium, health club and spa, together with a sauna and steam room. Residents can also use the spacious barbecue area for gatherings. Practical facilities include underground parking, several high-speed elevators and retail outlets within the tower. Key-card entry, CCTV-monitored security staff providing 24-hour cover, and an on-site maintenance team support the building's day-to-day operation.

What rental income can an apartment here generate?

Current listings across all apartment types in Green Lakes 1 show a blended average rental value of AED 131,874 per year. For broader context, gross yields across Jumeirah Lake Towers are quoted at 7% to 9% for 2026. That range is a district benchmark rather than a return measured for this tower. An individual apartment's gross yield depends on its purchase price and annual rent, as well as its bedroom count, condition, outlook and furnishing.

How much do apartments in this part of JLT sell for?

A tower-specific Land Department record shows a 990 sq ft one-bedroom apartment sold on 26 January 2026 for AED 900,000, equal to AED 909 per sq ft. This is a dated transaction rather than a current asking price. Across Jumeirah Lake Towers, the average asking price was AED 1,995 per sq ft in June 2026. Current asking prices in Green Lakes 1 are set apartment by apartment, and no verified project-wide starting price is available.

Can foreign buyers own an apartment in Green Lakes 1?

Yes. Jumeirah Lake Towers is a designated freehold zone and Green Lakes 1 holds freehold title, allowing buyers of any nationality to own an apartment outright. A residential purchase in Dubai carries the 4% Dubai Land Department transfer fee. The 5% VAT charged on commercial transactions does not apply to residential property. UAE mortgage financing may be available to residents and, subject to each lender's criteria, non-residents.

How long does it take to reach the airport and the metro?

Sobha Realty Metro Station is within walking distance and a 1-minute drive from Green Lakes 1. DMCC Metro Station takes 7 minutes by car, while Al Khail stations take 9 minutes. Dubai International Airport is 23 min away by car. The fully electric JLT Link shuttle serves 13 stops across the community, and the Dubai Tram connects neighbouring Dubai Marina and JBR for journeys along the coast.

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Green Lakes 1
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Green Lakes 1

Starting Price AED 420 K

Handover Ready