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.
Facility/service | Availability |
---|---|
Parking | ✔️ |
Elevators | ✔️ |
Security Services | ✔️ |
Central Air Conditioning | ✔️ |
Maintenance Services | ✔️ |
Event Space | ❌ |
Gym and Fitness Facilities | ✔️ |
Swimming Pool | ✔️ |
Gardens | ❌ |
Children's Play Areas | ✔️ |
Sauna | ✔️ |
Jacuzzi | ✔️ |
Sports Courts | ❌ |
Barbecue Area | ✔️ |
Concierge and Guest Services | ✔️ |
Pet-Friendly | ✔️ |
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 Bayut.
Unit Type | Number of Bathrooms | Apartment Size (Square Feet) | Details |
---|---|---|---|
Unit Type STUDIO |
Number of Bathrooms 1 |
Apartment Size (Square Feet) 437 |
Details Living Room, Kitchen, Bathroom and Balcony |
Unit Type 1-BEDROOM |
Number of Bathrooms 1 - 2 |
Apartment Size (Square Feet) 707 - 860 |
Details One Bedroom, One to Two Bathrooms, Living Room/Dining Area and Balcony |
Unit Type 2-BEDROOM |
Number of Bathrooms 2 - 3 |
Apartment Size (Square Feet) 970 - 1,200 |
Details Two Bedrooms with Built-In Wardrobes, Two to Three Bathrooms, Living/Dining Area, Kitchen and Balcony |
According to Bayut, 2-bedroom flats in Icon Tower 1 enjoy the highest popularity. They are followed by 1-bed apartments in the second spot.
1-bed apartments offer the highest ROI in Icon Tower 1 of 8.11%. 2-bedroom flats generate about 7.52% return on investment.
General Fund | Price (AED/Sq. Ft.) |
---|---|
Services | 2.43 |
Maintenance | 2.2 |
Improvement | 0.2 |
Utilities Services | 3.25 |
Management Services | 0.78 |
Insurance | 0.25 |
Master Community | 2.42 |
Shared Services | 1.21 |
Total Price | 12.74 |
Reserved Fund | Price (AED/Sq. Ft.) |
---|---|
Reserved Fund | 1 |
Total Price | 13.74 |
Adjustments | Price (AED/Sq. Ft.) |
---|---|
Adjustment | -0.2 |
Total | -0.2 |
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.
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.