Icon Tower 1 is a residential building in Jumeirah Lake Towers (JLT). Its architectural height is 151 metres and it features 40 floors above ground and 3 floors below ground. There are 400 apartments in Icon Tower 1 and these come in studio, 1-bed and 2-bed configurations. The building's construction began in 2005 and was completed in 2008 and it is a project of Mazaya Holding Company. It is located within the territory of Cluster M but is also quite close to Cluster L. The tower is situated along First Al Khail Street that connects it with main Sheikh Zayed Road (E11).
JLT is a mixed-use community, named after the waterfront promenades that surround the area. The district is popular with pet owners, as there is a dog park within JLT. The area is considered one of the most pedestrian-friendly districts in Dubai. Thus, it can be an ideal place to live for those who don't own a vehicle or prefer to walk.
Residents will be provided with at least one secured and reserved parking slot in Icon Tower 1, JLT, depending on their apartment type. Visitors, however, may need to park their cars on the street.
There are four high-speed elevators in Icon Tower 1, JLT to facilitate residents.
The building is monitored by CCTV cameras with security staff on standby. All flats are air-conditioned and the building infrastructure and premises are regularly maintained. Empower provides district cooling to the JLT community.
The apartment complex has its own dedicated gym. Gym in Icon Tower 1, JLT has high-end machines for cardio and strength training exercises.
Several lifestyle amenities are offered to residents of Icon Tower 1, JLT. Some of these include the availability of Jacuzzi, steam room, sauna and swimming pool. There is also a children's play area and BBQ station where residents can have outdoor parties.
There is 24-hour availability of concierge and front desk services for those who require assistance.
Jumeirah Lake Towers is considered a pet-friendly community. However, some landlords may object to keeping certain pets, in that case always consult a realtor before finalizing a decision.
Flats in Icon 1 Tower, JLT are offered in several configurations, the following is an overview of these floor plans.
To see how these floor plans are configured, one can view the 2-D and 3-D floor plans for Icon Tower 1, Dubai available on PropertyDigger.
One will find a selection of studio, 1-bed and 2-bed flats in Icon 1 Tower, JLT.
Studio flats in Icon Tower 1 come in 3 different unit types. As a standard availability, most units will come with 437 sq. ft. with 1-bathroom. There is a balcony that can be accessed by sliding glass doors. Some studio flats are located on the top floors where one can enjoy the picturesque view of the lake.
1-bed units in Icon Tower 1 come in 12 different configurations. These flats will have floor spaces ranging from 707 sq. ft. to 860 sq. ft. There is also the option to choose from units with either 1 or 2 bathrooms. They will also come with a balcony offering a view of the saltwater creek. All rooms are fitted with double-glazed windows. For storage, the bedrooms and the living room are fitted with in-wall wardrobes which maximize the use of space and improve the look of the flat.
2-bedroom units have 13 different configurations. They will come with a covered area ranging from 970 sq. ft. to 1,200 sq. ft. with 2 to 3 bathrooms. Some units are fitted with a large wardrobe that is located in the hallway. There are also wardrobes in the bedrooms as well as the living room. The balcony can be accessed through sliding doors and has high railings for safety. Bathroom fixtures consist of modernly designed faucets and wall-hung toilets. The kitchen area comes fully equipped with fixed cabinets for easy storage of food and utensils.
Based on searches conducted by users on PropertyDigger.com over the past 6 months
1-bed units are the most popular apartment type in Icon Tower 1 while 2-bed units stand second in the ranking of popularity. Studios come third in the list.
Those looking to rent apartments in Icon Tower 1 can expect the following rental trends.
Depending on the individual policies of your realtor, payment will typically be expected in the form of four post-dated cheques. Some realtors will also accept monthly payments in the form of 12 post-dated cheques. Also, interested home-seekers can check out other available JLT apartments for rent and compare them to find the best accommodation to suit them.
Investors looking for a lucrative deal will find plenty of options for buying flats in Icon Tower 1. The following trends can be expected for apartments.
Those looking to invest will need to pay a minimum of 20% as a down payment to purchase flats in Icon Tower 1. For comparison, investors can also look into other JLT apartments for sale.
Based on searches conducted by users on PropertyDigger.com over the past 6 months
ROI for 2-bed units is the highest in Icon Tower 1 and it is 8.3%. Studios follow with a slightly lower return rate of 8.1%. 1-bed units come at the third position in the listing with a 7.6% investment return.
These figures are based on the services charges for Icon Tower 1* as per the Dubai Land Department.
There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
Ads By Google
Ads By Google
There are several options for public transportation near Icon Tower 1. For those commuting in private vehicles, Icon Tower 1 is just a few metres away from First Al Khail Road. Residents commuting in their own vehicle can link to Sheikh Zayed Road (E11) in a matter of few minutes.
Within a walking distance of 3 minutes, one will find JLT ' The Dome Tower bus stop. Another bus stop nearby is JLT ' Dubai Star Tower Bus Stop which is 4 minutes away on foot.
DAMAC Properties Metro Station and DMCC Metro Station on the Red Line can be reached within 5 minutes by car or tram.
Nearby casual restaurants include:
At a 10-minute drive, there is Wendy's, which is a popular American fast-food chain serving burgers made with freshly prepared beef patties, served with a side of fries. For those who prefer Chinese, there is Ying Yang Restaurant which is a 4-minute drive away. For seafood lovers, there is Shrimpy Dubai Marina which serves various types of seafood and fast food items. Bait Maryam is a Lebanese eatery, located just 6 minutes away from this tower. It is one of the best restaurants in JLT.
Fine dining restaurants nearby:
At a distance of 22 minutes in Palm Jumeirah, there is the Zest fine dining restaurant. This restaurant has an international menu along with a full bar. Some menu choices include Middle Eastern, Mediterranean and Asian. Also 22-minutes away, and right next to Zest is Stay by Yannick Alleno. It offers contemporary cuisine with a fine selection of exclusive wines. The restaurant is under the leadership of world-famous chef Yannick Alleno. 13-minutes away, located on the trunk of the Palm Jumeirah, there is Quattro Passi Ristorante, which serves Italian food
Supermarkets near Icon Tower 1 include:
At a 6-minute drive, there is Spinneys JLT Cluster J. Here one will be able to find both local and imported grocery with a wide selection of bakery items such as sandwiches, hot pockets, pizzas and other freshly prepared meals and snacks. At a 4-minute drive, there is Carrefour Market JLT Palladium. Other supermarkets in the area include Zoom Supermarket at a 5-minute driving distance.
Similarly equipped residential buildings nearby include:
Those looking for a larger selection of apartments that are similarly equipped can consider looking at flats in Green Lakes, New Dubai Gate and Lake Terrace.
Nearby landmarks include:
At a 9-minute distance, there is Address Montgomerie, this is a luxury hotel with a large golf course ' considered to be one of the largest golf courses in Dubai. Here, one can enjoy a round of golf with friends or family and it is an ideal place to spend the weekend. At a 14-minute drive, there is Jebel Ali Racecourse, residents can buy tickets here and attend major horse racing events which can be an exciting and thrilling experience. At an 18-minute drive, there is Dubai International Stadium where major sporting events take places such as football, cricket and other major programs.
Icon Tower 1 is ideally located and offers a wide range of amenities that many will think twice about passing up. However, people who commute often may experience heavy traffic during peak hours.
