Upper House
Jumeirah Lake Towers (JLT) , Dubai
AED 750,000
≈
AED 750,000
Free Residency Visa
Construction Progress21%
Description
Ellington Properties and Dubai Multi Commodities Centre (DMCC) present the magnificent Upper House, a luxurious residential project in the highly desired location of Jumeirah Lake Towers (JLT). This opulent development offers a range of studio apartments and 1 to 3-bedroom apartments. Upper House sets itself apart with its impeccable design, featuring top-quality built-in kitchen appliances and floor-to-ceiling windows that offer breathtaking views of the Dubai Marina skyline. The modern lifestyle is embraced at Upper House with its home automation system, which allows for mobile and keypad-controlled doors, Bluetooth-controlled AC and lighting systems. Upper House guarantees a sophisticated living experience in the heart of JLT.
Amenities & Features
Parking Spaces
Balcony or Terrace
Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Pet Policy
Property Details
Property TypeApartment
DeveloperEllington Properties
ProjectUpper House
CommunityJumeirah Lake Towers (JLT)
CompletionOff-Plan -
Q1 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 750,000
DLD Fee (4%)AED 30,000
Trustee FeeAED 4,200
Agency (2%)AED 15,000
Total
InvestmentAED 799,200
Expected Annual Returns
Expected Annual RentAED 61,500
Service Charges (Est)-AED 6,015
Net Annual
IncomeAED 55,485
Net Annual ROI6.9% (after expenses)
Payback Period14.4 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa19.5 km
Dubai Mall19.8 km
Dubai Airport (DXB)30.4 km
Mall of the Emirates8.1 km
Dubai Marina1.5 km