JLT Cluster M

669 units · 2 towers

JLT Cluster M is a community in Jumeirah Lake Towers, comprising 669 registered units. 1,594 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,517 per sqft. At AED 1,517 per sqft, JLT Cluster M prices 58% below the Jumeirah Lake Towers median of AED 3,586 per sqft on registered sales.

PIX© price · ↑10.3% YoY

2.19MAED

Typical

1,517AED

PSF

Gross yield

5.7%

PIX© rent ÷ PIX© price

Sale records

1,594

DLD · all time

Rent contracts

4,505

Ejari · all time

Explore locations

2 inside JLT Cluster M

Icon Tower 1

758 sales · 2,970 rentals

HDS Business Centre

837 sales · 1,535 rentals

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai23 min · 24.7 km

DXB Airport26 min · 34.4 km

DIFC24 min · 26.8 km

Dubai Marina12 min · 6.4 km

Palm Jumeirah15 min · 12.6 km

Nearest · straight-line

Metro stationDMCC Metro Station0.8 km

MallMenakart DMCC0.1 km

SchoolBaby Home Nursery JLT | Best in Dubai0.1 km

HospitalDoctor Sanas0.1 km

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building

Floor

Units on floor 26

…

Studio on Floor 26, Icon Tower 1

Size
Record: Oct 2011 to Dec 2023
Owners: 7
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Tenant 6	10 Dec 2023		12 mo	Renewal Owner 7
6Tenant 6	11 Dec 2021		2.0 yrs	Renewal Owner 7
6Tenant 6	11 Dec 2020		12 mo	Owner 7
5Tenant 5	10 Dec 2020		12 mo	Owner 7
7Owner 7	1 Jul 2018		8.2 yrs	Current owner Sold with tenant in place Mortgage
4Tenant 4	21 May 2017		3.5 yrs	Owner 6
3Tenant 3	1 Mar 2017		3 mo	Ended early Owner 6
6Owner 6	12 Feb 2017		17 mo	Sold with tenant in place Mortgage
2Tenant 2	20 Jul 2013		3.7 yrs	Owner 5
5Owner 5	2 Jun 2013		3.7 yrs
4Owner 4	13 Mar 2013		3 mo
3Owner 3	30 Sep 2012		5 mo	Sold with tenant in place
1Tenant 1	1 Nov 2011		12 mo	Owner 2
2Owner 2	5 Oct 2011		12 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 26 · Icon Tower 1

Nightly rateAED

Occupancy (237 nights)

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JLT Cluster M1,517AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 238 - 5,152 sqft	669	2.19M	1,517	↑10.3%		124K	5.7%
Residential
Studio · Apartment 434 - 861 sqft	60
1 Bed · Apartment 669 - 1,183 sqft	91
2 Bed · Apartment 970 - 2,281 sqft	180
3 Bed · Apartment 1,568 - 1,585 sqft	14
5 Bed · Apartment 5,056 - 5,152 sqft	4			-
Commercial
Office 963 - 2,926 sqft	302
Shop 846 - 4,669 sqft	13	-	-	-
Warehouse 238 - 324 sqft	5	-	-	-	-	-	-

Sales - Project-Wide1,594 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	1 Bed	Icon Tower 1 · Floor 27	1,158	1,150,000	993	+17.3%	Entry Level	Standard Sale
4 Sep 2026	1 Bed	Icon Tower 1 · Floor 24	1,183	1,310,000	1,107	+7.4%	Standard	Standard Sale
26 Aug 2026	2 Bed	Icon Tower 1 · Floor 16	1,448	1,680,000	1,160	+74.5%	Entry Level	Standard Sale

Rentals - Project-Wide4,505 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
6 Aug 2027	1 Bed	Icon Tower 1 · Floor 37	680	64,822	95	-	Standard	CONTRACT
3 Feb 2027	1 Bed	Icon Tower 1 · Floor 9	840	83,000	99	-	Standard	CONTRACT
17 Oct 2026	1 Bed	Icon Tower 1 · Floor 6	747	80,000	107	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

—

Compared with

Me Do Re Business

PIX© PSF

—

Rank

—

#1 of 2

Typical price

—

Yield

—

Units

—

293

Sales

—

Rents

—

Developer

—

ME DO RE PROPERTIES DMCC

Handover

—

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Me Do Re Business ME DO RE PROPERTIES DMCC · U/C · Off-plan pricing	293					35	—
	Jumeirah Lake Towers DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed · Off-plan pricing	38,774					8,238	53,547

Community median 3,586 AED/sqft. All 2 qualifying community peers shown. 3 community projects excluded for insufficient recorded sales. 49 excluded for trading only in the off-plan market. 19 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Jumeirah Lake TowersAED 1,625/sqft

Common questions about JLT Cluster M

Answered from Dubai Land Department registered transactions.

How much does a property in JLT Cluster M cost?

Property in JLT Cluster M sells at a current PIX© price of AED 1,517 per sqft, or about AED 2,194,243 for a typical unit, based on 1,594 sales registered with the Dubai Land Department.

What is the rental yield in JLT Cluster M?

JLT Cluster M yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 4,505 registered Ejari contracts.

How many units are in JLT Cluster M?

JLT Cluster M holds 669 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in JLT Cluster M gone up or down?

Price per sqft has risen +10.3% over the last 12 months, to AED 1,517, across 1,594 registered sales.