Jumeirah Lakes Towers · Retail · Dubai

Retail space in Jumeirah Lakes Towers, priced by what was paid

Every portal in Dubai shows you what a seller is asking. The Land Department records what a buyer actually transferred, and Ejari records what a tenant actually signed. 35 sales and 349 leases in this district say something the listings do not.

40 registered sales · AED 151.92M · 349 registered leases · 1 January – 14 July 2026 · Source: Dubai Land Department
The same district, the same 7 months
Off-plan
4,613
AED / sqft · 10 deals
Median ticket AED 4.38M
Median unit 958 sqft
2.3×
Ready
1,967
AED / sqft · 30 deals
Median ticket AED 2.09M
Median unit 1,186 sqft

A foot of Jumeirah Lakes Towers retail under construction costs 2.3× a foot you can walk into tomorrow. Quoted as one blended average the number describes neither market and misleads both buyers.

What that does to the yield
349 registered retail leases in Jumeirah Lakes Towers clear a median of AED 162,690 per year on 875 sqft — that is 171 AED/sqft. The tenant pays that rate regardless of when the building was finished. So the purchase price is the only variable.
Ready @ 1,967
8.7%
Off-plan @ 4,613
3.7%
Vacant lets higher than tenanted. The 349 contracts split: 123 new leases at a median 197 AED/sqft, 226 renewals at 164. A ready unit bought empty and let at the new rate reaches 10.0%; the same unit bought with a sitting tenant on a renewal delivers 8.3%. That 1.7-point spread separates two purchases that look identical in a listing.
Gross, before service charge, vacancy, and agency cost — a ceiling, not a forecast.

Month by month

Median AED/sqft · complete months only, July excluded as partial
MonthDealsMedian AED/sqft
January 202632,389——
February 2026191,9304,4402.3×
March 202628004,2265.3×
April 202611,958——
May 20263—4,145—
June 202673,2995,0001.5×
July 202641,952——

The median held between 1,958 and 4,143 across 6 complete months — a 112% spread. Any single comparable you are shown sits somewhere in that band, and where it sits is the difference between a fair price and a story.

What AED 1.97M actually buys here

Ready stock · 26 registered sales · whole segment: 35 deals
10th percentile
1.31M
smallest tickets clearing
Median ticket
3.14M
1,007 sqft typical
75th percentile
4.07M
larger-floorplate territory
90th percentile
4.95M
above this is rare

The entry point is where most assumptions break. A tenth of registered sales here cleared under AED 1,308,003, and the top decile starts at AED 4,951,680 — a 4-fold range inside one district and one segment. A quoted “Jumeirah Lakes Towers price” without a size attached to it is not information.

Jumeirah Lakes Towers against everything else

Median AED/sqft, registered retail sales, same window · districts with 10+ deals and registered rent
Motor City →
4,700
Jumeirah Village Triangle →
2,338
Jumeirah Lakes Towers
2,335
Dubai Marina →
2,108
Arjan →
1,697

Jumeirah Lakes Towers registered 35 retail sales in the period. Arjan registered 51. Depth is what makes an exit possible: a district that prices itself off hundreds of comparables does not depend on whoever happens to show up.

Every district on this list has its own page, built the same way from the same register. All districts →

A commercial foot against a residential one

Same district, same window
Offices
1,698
350 deals · AED/sqft
Retail
2,335
35 deals · AED/sqft
Apartments
1,591
799 deals · AED/sqft

A commercial foot in Jumeirah Lakes Towers costs 1.47 times a residential one. That premium is ordinary for a district with real business demand — and it is the number to hold up against any pitch that treats the two as interchangeable.

Questions people actually ask

Answered from the register, not from a brochure
How much does a retail unit cost in Jumeirah Lakes Towers?
Across 35 registered sales between January and July 2026, the median was AED 3,142,304 at 2,335 AED/sqft. 26 of those were ready stock, clearing AED 1,970,004 at 1,967 AED/sqft. The other side of the market is too thin here to publish a median against — which is itself worth knowing before you buy.
What rent does a retail unit in Jumeirah Lakes Towers actually achieve?
349 registered leases show a median of AED 162,690 per year on a median 875 sqft, which is 171 AED/sqft/year. The number splits: 123 new leases sign at 197 AED/sqft, 226 renewals sit at 164 — a vacant unit lets for more than a tenanted one delivers.
What yield will a retail unit in Jumeirah Lakes Towers produce?
Against the registered rate of 171 AED/sqft, ready stock at 1,967 produces roughly 8.7% gross. Both are before service charge, vacancy and agency cost, so treat them as ceilings rather than forecasts.
Is a retail unit more expensive per foot than an apartment in Jumeirah Lakes Towers?
Yes — 2,335 against 1,591 across 799 registered apartment sales, so 1.47 times. Commercial foot sits above the residential one here, which is worth checking before you assume one is the cheaper way into the district.
How does Jumeirah Lakes Towers compare with other Dubai retail unit districts?
Arjan 1,697 across 51 deals, Motor City 4,700 across 50 deals, Dubai Marina 2,108 across 16 deals, Jumeirah Village Triangle 2,338 across 15 deals. Jumeirah Lakes Towers registered 35 sales in the period. Depth matters most when you want to sell: a district with hundreds of comparables gives a valuer something to work with, a district with a dozen does not.
You have the district's numbers. Now the one that matters: is the price you were quoted the price this market pays?
Send the unit you are looking at. You get it checked against the DLD comparables above — what was actually paid in the same building, at the same size, in the same month. Free, no obligation, no subscription.
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Methodology. Every figure is AED per square foot. The DLD export records area in square metres — median 79.0 across the file — and is converted at 10.764 sqft/m², with the unit decided once for the dataset rather than row by row. Retail means PROP_TYPE Unit with sub-type Shop: the sub-types labelled “Commercial” and “Industrial” in DLD data are almost entirely land, and mixing them in drags the commercial median from 3,302 to 1,919 across Dubai. USAGE_EN is not used to classify sales — every office in the file is tagged “Residential” in that column. Duplicate transaction numbers are collapsed after filtering to Sales, and Mortgage and Gift registrations are excluded. Rent covers 1 January – 14 July 2026 and comes from registered Ejari contracts, filtered to PROP_TYPE Unit above 200 sqft and AED 30,000 to strip flexi-desks and business addresses. Ejari carries no contract number, so lease records are never de-duplicated: identical amounts registered in the same batch are separate units in separate buildings, and collapsing them understates the median rate by 9%. DLD records sales under marketing district names and Ejari under official community names; the two are matched through shared project names, never by hand. Medians throughout, never averages. Districts below 10 registered sales get no page. Registered transactions only: this is what was paid, not what was asked.
Disclaimer. This analysis reflects the independent opinion of OSNOVA Property, based on publicly available Dubai Land Department data at the time of publication. It is not financial, legal, or investment advice, and does not constitute an offer, recommendation, or guarantee of returns, capital appreciation, or rental yield. Yield figures are gross and illustrative. Past registered transactions are not a reliable indicator of future prices. Property investment carries risk, including loss of capital. Verify all figures independently and take professional advice before committing funds. OSNOVA Property is a licensed brokerage and may act for a party to a transaction discussed here.