Madina Tower, JLT
Madina Tower is a 34-storey residential building in JLT Cluster O, Jumeirah Lake Towers (JLT), Dubai, developed by Reef Real Estate. The tower holds one, two and three-bedroom apartments and reached construction completion in 2007 to 2008. This guide covers Madina Tower's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Reef Real Estate
Storeys
34
Completed
2007-2008
Location
JLT, Cluster O
Unit Types
1-3BR Apartments
About Madina Tower
Madina Tower is a 34-storey residential building in JLT Cluster O, part of the Jumeirah Lake Towers (JLT) free zone, developed by Reef Real Estate. The tower's central green glass volume sits inside a chiselled frame of reflective metal cladding, with KEO International Consultants acting as architectural consultant. The building offers one, two and three-bedroom apartments and reached construction completion in 2007 to 2008, with Dubai Land Department transaction records confirming it as a long-established, fully ready property.
Developer confirmed independently across Propsearch ("a development by Reef Real Estate"), Jlt-dubai.ae ("Madina Tower by Reef Real Estate Investment Company"), Bayut and Driven Properties. Storeys (34) agreed across Propsearch, Jlt-dubai.ae and Bayut with no conflict. Completion date varies slightly by source: Propsearch states construction finished November 2007, while Bayut states 2008; this guide states the range rather than asserting one exact year. Total unit count is not published by any source checked (Propsearch, Jlt-dubai.ae, Bayut, Estate Magazine, Square Yards, Driven Properties, Real Estate AI), so this guide does not state one.
Location & Nearby Landmarks
Madina Tower sits in JLT's Cluster O, within the DMCC free zone on the Al Thanyah Fifth DLD-registered area, opposite Dubai Marina and beside Emirates Hills, The Meadows, The Springs and Jumeirah Park. From Madina Tower it takes roughly 22 minutes to drive to Dubai Mall, 14 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 18 minutes to The Walk JBR. JLT Park is about 0.3 km away, The Walk JBR is roughly 1.0 km away, and Marina Walk is about 1.2 km away.
JLT has its own dedicated Royale Stays area guide covering location, connectivity and the wider rental market context: Airbnb management in JLT, Dubai. Madina Tower joins a growing list of JLT towers Royale Stays already covers, including Banyan Tree Residences, Lake City Tower and MBL Royal, all also within JLT.
Unit Types
Madina Tower comprises four floor plan types: Type A one-bedroom apartments with two bathrooms, Type B and Type D two-bedroom apartments, and the three-bedroom Type C with five bathrooms. One-bedroom units run roughly 1,000 to 1,100 sq ft, two-bedroom units run roughly 1,900 to 2,050 sq ft, and three-bedroom units vary more widely by source, from around 1,530 sq ft up to roughly 3,150 sq ft depending on the specific layout. All units are freehold apartments, open to any nationality.
Unit mix and one/two-bedroom sizes confirmed across Propsearch's Dubai Land Department transaction records, Jlt-dubai.ae's published floor plan types, Estate Magazine and Square Yards. Three-bedroom sizing shows real variance between a recorded DLD sale (1,530 sq ft) and a published floor-plan listing (3,150 sq ft), likely two distinct 3-bedroom layouts within the tower rather than an error in either source; the range is given rather than a single figure.
Amenities
Madina Tower's facilities include a swimming pool, a health club and gymnasium, a cinema or theatre room, a business centre, a water lobby with high ceilings, 24-hour security, and three levels of basement parking. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Transportation & Access
Madina Tower sits inside the DMCC free zone with both DMCC Metro Station and Jumeirah Lake Towers Metro Station within reach, plus direct access to Sheikh Zayed Road. By car it takes roughly 22 minutes to Dubai Mall, 14 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 18 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 25 to 30 minutes' drive depending on traffic and starting point, and Al Maktoum International Airport is roughly 37 minutes' drive.
Metro proximity confirmed by Jlt-dubai.ae (community-level access description); drive-time estimates from Propsearch (Google Maps-sourced, assuming typical traffic) for the airport figures, cross-checked against Jlt-dubai.ae's own slightly lower community-level DXB estimate, both figures disclosed rather than picking one.
Sale & Rental Price Trends
Dubai Land Department sale transactions for Madina Tower recorded in 2026 span roughly AED 1.06 million for a 1,012 sq ft one-bedroom unit up to AED 2.6 million for a 2,031 sq ft two-bedroom unit, with price per square foot on recorded sales in the AED 1.0k to 1.4k range. Live asking prices start from around AED 1.4 million for a one-bedroom apartment, averaging roughly AED 1,472 per sq ft, with two-bedroom units currently listed for sale in the AED 2.8 million to 3.4 million range.
Dubai Land Department transaction data and price-per-square-foot figures sourced from Propsearch's published Madina Tower transaction records (Sale-type transactions only, excluding Mortgage Registration and Grant/Gift entries); asking-price and ROI figures confirmed via Jlt-dubai.ae's published listing data and an independent aggregator (Refty), both in general agreement on order of magnitude; live 2-bedroom sale and rental listing figures from Real Estate AI.
Owners considering a unit at Madina Tower can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate.
Airbnb & Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Madina Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Madina Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Madina Tower has an active long-term sale and rental market, with dozens of listings across major resale portals at any given time, but Royale Stays did not find an existing short-term rental listing for a unit inside the building. Royale Stays does not currently have booking data specific to Madina Tower to draw on either, so this guide does not present a building income figure it cannot support. For an owner weighing whether Airbnb makes sense for a unit at Madina Tower, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable JLT listings.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential. See Royale Stays' full guide to Airbnb property management in Dubai for the wider market picture.
Royale Stays does not yet have Madina Tower-specific portfolio data to draw on for this guide; a search for an existing short-term rental listing inside the building did not surface one, so this section is written without an existing-STR-listing proof point, reflecting the currently long-term-dominated visible rental market at the building.
Questions