AED 2,100,000
| Deal type | Off-Plan Distress |
| Price | AED 2,100,000 |
| Bedrooms | 1.5 |
| Size | 1097 sq.ft |
| Type | Apartment |
| Status | For Sale |
| Handover | Ready - Immediate |
| Area / Master development | Jumeirah Lake Towers |
شقة 1.5 غرفة+دراسة في ME DO RE Tower 1، JLT. طابق عالي، إطلالة بحيرات. 1,097 قدم. جديدة، جاهزة، شاغرة. 2.1 مليون — 14.4% أقل من OP. خروج ديسترس حقيقي.
Yes. The original Sale and Purchase Agreement shows AED 2,453,000. DLD registration fee (4% of OP = AED 98,120) and other charges bring the total to approximately AED 2,551,000. AED 2,100,000 is genuine — the seller is accepting a real loss. The SPA is available for serious buyers to verify.
A 1.5-bedroom is larger than a 1-bedroom (which is typically 750-900 sqft in JLT) but smaller than a 2-bedroom (which is typically 1,200-1,400 sqft). You get a proper master bedroom with en-suite, a half-bedroom that functions as a child's room, nursery, or compact guest room, and a separate study with a door — ideal for a home office. At 1,097 sqft, the layout is generous for JLT. For a couple, this is more practical than a formal 2-bedroom because the study and half-bedroom together give you more functional flexibility than two identical bedrooms.
JLT is quieter, more residential, and more walkable. The lakes and central park break up the density in a way that Marina's single strip layout does not. JLT has more restaurants and cafes at street level — they are not all inside hotels — and the Metro access is better (two stations vs Marina's single station). Prices per sqft in JLT are 15-20% lower than Marina for comparable units, which means your money buys more space and a better view. The trade-off: Marina has the beach. JLT has the lakes. Different lifestyle, same metro line.
Yes. Brand new, vacant, clean title deed. Ejari registration takes 3-5 working days. DEWA connection is simultaneous with transfer. The first tenant can move in within 2-3 weeks. The 1.5-bedroom + study segment in JLT has a strong tenant profile — professionals who work from home and will pay a premium for the study room. Market rent for comparable units is AED 105,000-125,000 annually.
Capital requirements change. The seller needs liquidity — a business investment, a property purchase elsewhere, a personal financial restructuring. The asset is the apartment. The need is cash. When the need for cash outweighs the desire to maximise the sale price, a genuine distress deal is created. This is not a developer dumping inventory. It is an individual seller solving a personal equation, and the buyer benefits from someone else's timeline.
Approximately AED 16 per sqft annually — around AED 17,550 per year for this unit. This is typical for newer JLT towers. JLT service charges are regulated by RERA and have been stable across the community since 2022. The charges cover building maintenance, security, concierge, pool and gym maintenance, and common area utilities.
Yes. DMCC Metro Station is at the southern end of JLT and Sobha Realty Metro Station is at the northern end — both on the Red Line. Depending on which cluster your tower is in, it is a 3-10 minute walk. For professionals who work along the Red Line corridor (Marina, Media City, DIFC, Downtown, Airport), the Metro is a genuine commuting option — no traffic, no parking, no Salik.
AED 2.1M in Dubai Marina gets you a 1-bedroom, maybe 900 sqft, in a 10-15 year old tower with partial sea views squeezed between two other buildings. In JLT, the same money gets you a 1.5-bedroom with a study, 1,097 sqft, brand new, high floor, full lake views. You are trading the Marina name for 200 extra square feet, an extra room, and a view that is not obstructed. For an investor or end-user who values space and a newer building, JLT at this price is the better value proposition. The tenant who works in Media City or Internet City is equally happy to live in JLT or Marina — and the JLT tenant gets more apartment for the same rent. Contact Distress Property Finder to review the original SPA, verify the title deed, or arrange a viewing. A genuine distress exit — brand new, high floor, lake view — at AED 353,000 below the seller's purchase price. Once transferred, the next comparable unit in this tower starts where the seller's original price left off. JLT vs Other Communities at This Budget At AED 2.1M, the 1.5-bedroom segment in JLT compares against 1-bedroom apartments in Dubai Marina, studios-plus in Downtown, and 2-bedrooms in JVC or Furjan. Here is how the choice breaks down: Dubai Marina (1-bedroom, ~900 sqft, 10+ year old tower): You are paying AED 2,200-2,400/sqft for a unit that is smaller, older, and almost certainly has a partial view obstructed by the building next door. The Marina name carries cachet, but cachet does not pay rent. A 1-bedroom in a mid-tier Marina tower rents for AED 90,000-110,000 — similar to what this 1.5-bedroom with a study commands in JLT. You are getting less apartment for the same rent, at a higher price per square foot. Downtown Dubai (1-bedroom, ~800 sqft, mid-floor): AED 2.1M gets you a compact 1-bedroom in a lower-tier Downtown tower — think 800 sqft, 15th floor, Burj-facing-if-you-lean. The same unit rents for AED 90,000-105,000. The Downtown address is the strongest in Dubai, but at this price point, you are buying the smallest possible apartment in the community. This ME DO RE unit gives you 30% more space, an extra room, and a brand-new building at the same budget. JVC (2-bedroom, ~1,300 sqft, ready): More space for less money — AED 1.8-2.2M gets you a genuine 2-bedroom. But JVC is a different product. It is further from the Metro. The community feels less polished. The rental pool is more price-sensitive. JLT's advantage is location and liquidity — tenants who work in Marina, Media City, or JLT itself will choose a JLT 1.5-bedroom over a JVC 2-bedroom because the commute is 5 minutes instead of 25. You are trading raw square footage for location, and at AED 1,914/sqft for a brand-new high-floor unit, the numbers justify the trade. The ME DO RE unit sits in the sweet spot: enough space for a couple with a home office or a small family, a genuine distress discount baked into the price, and a location that tenants actually want. At this price in JLT, you are not competing with 15 other identical listings. You are buying the one unit where the seller needs to sell, not the one where the agent is testing the market at AED 2.3M and hoping someone bites.
Buyer costs
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
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| VAT on agency (5%) | — |
Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Indicative monthly repayment on a UAE bank mortgage.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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