Ksenia Kolesnikova
Head of Sales, Tranio Middle East
We find the right property, handle legal due diligence, and manage it for you after the deal closes
Ksenia Kolesnikova
Head of Sales, Tranio Middle East
We find the right property, handle legal due diligence, and manage it for you after the deal closes
One-bedroom apartment prices in Jumeirah Lake Towers (JLT) remain relatively accessible compared with neighbouring Dubai Marina and other established districts close to the coast. In September 2026, market index placed the average value of a 1-bedroom apartment at approximately AED 1,806 per sq. ft., down around 4.2% from AED 1,884 per sq. ft. a year earlier.
Current asking prices vary considerably. Listings range from approximately AED 575,000 to AED 2.9 million, with an average asking price of about AED 1.57 million. Last-12-month data show an average asking price of approximately AED 1.47 million and around AED 1,748 per sq. ft.
Many standard 1-bedroom apartments in established JLT towers are available for approximately AED 900,000–1.5 million. Typical units measure around 750–980 sq. ft., although both compact modern apartments and significantly larger layouts can be found.
Properties below AED 1 million are generally concentrated in older towers or developments farther from the metro. Renovated apartments, lake-facing units and homes in newer buildings frequently cost AED 1.5 million or more.
Several established developments offer comparatively low entry prices. Market data put the average asking price for a 1-bedroom apartment in Golf Views Seven City at approximately AED 862,000. Lake Point Tower averages around AED 947,000, while Lake City Tower is approximately AED 1.06 million.
New Dubai Gate 2 averages about AED 1.09 million and Concorde Tower approximately AED 1.13 million. These buildings can appeal to buyers prioritising lower acquisition costs and rental returns rather than new-build specifications.
Newer projects command noticeably higher prices. Upper House East and Upper House West have average 1-bedroom asking prices of approximately AED 1.69 million and AED 1.70 million respectively. MBL Signature averages around AED 1.90 million, while Diamondz by Danube is also close to AED 1.90 million.
Marriott Residences JLT sits at the upper end of the market, with an average asking price of approximately AED 2.44 million. Market data price index also shows Marriott Residences at around AED 2,505 per sq. ft. and W Residences at approximately AED 2,698 per sq. ft.
The 1-bedroom segment softened during 2026. The market data index declined from AED 1,873 per sq. ft. six months earlier to AED 1,806 in September. Compared with two years earlier, however, values remain close to the AED 1,843 per sq. ft. recorded in 2024.
This suggests that the recent movement represents a moderate correction rather than a major reversal of longer-term price growth.
Building age, metro proximity, floor level, lake or skyline views and renovation quality have a significant effect on prices. New towers with modern amenities and branded services generally command premiums over established buildings.
Rental demand remains an important consideration for investors. Market estimates indicate a gross rental yield of approximately 6.9% for 1-bedroom apartments in JLT. Buyers should compare recent transactions and current listings within the same tower because differences between buildings can exceed AED 1 million for apartments with a similar bedroom count.
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3 years ago, when buyers discovered the Dubai market, a massive inflow of capital flooded into the region. Today, however, we are witnessing market maturity: demand has become more deliberate, the real estate sector is stabilising, and some potential investors in the UAE have started exploring alternatives in Oman and Saudi Arabia markets, which now offer new investment residency programmes.
Ksenia Kolesnikova, Head of Sales at Tranio in the MENA region
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