107, Lakeview Apartments
Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 107, Lakeview Apartments
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Source: Dubai Land Department. Updated 28 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 1st of 4
- Parking
- G21
- Last sold
- AED 1.5M · August 2023
- Building
- Lakeview Apartments
About 107, Lakeview Apartments
107 is a three-bedroom apartment of 1,713 sqft on the 1st floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 28 August 2023 for AED 1,500,000, or AED 875 per sqft, 5% below the AED 922 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 120,000 a year: a gross yield of 8.0% on the 2023 price.
Sales and rents for 107 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Lakeview Apartments, and where 107 sits
All 21 3-beds →107 last sold in August 2023 at AED 875 per sqft, 5% below what three-beds in Lakeview Apartments were fetching at the time (AED 922). 107's AED 120,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20242 July 2024 | 1,716 sqft | 1,630,000 | 949 | ||
| 19 Jan 202419 January 2024 | 3,380 sqft | 2,900,000 | 857 | ||
| 27 Nov 202327 November 2023 | 2,977 sqft | 2,050,000 | 688 | ||
| 20 Sep 202320 September 2023 | 1,735 sqft | 1,600,000 | 922 |
Lakeview Apartments
Building44 apartments, 2-bed to 3-bed over 4 floors in Green Community East. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,371
- Typical sale
- AED 2M
- Typical rent
- AED 145K /yr
- Typical yield
- 6.3%
Other units on the 1st floor
All 44 units in Lakeview Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,548 sqft | No registered sale | 130,000 /yr | |
| 102 | 2-bed | 1,284 sqft | No registered sale | 96,667 /yr | |
| 103 | 2-bed | 1,547 sqft | No registered sale | 140,000 /yr | |
| 104 | 2-bed | 1,292 sqft | No registered sale | 130,000 /yr | |
| 105 | 2-bed | 1,555 sqft | No registered sale | 125,840 /yr | |
| 106 | 3-bed | 1,635 sqft | AED 1.6MAED 1,600,000 · Feb 2023February 2023 | 120,000 /yr | |
| 108 | 2-bed | 1,320 sqft | No registered sale | 140,000 /yr |
107, Lakeview Apartments in numbers
- Sold once: by the developer on 28 August 2023 for AED 1,500,000, or AED 875 per sqft.
- Rented since July 2020 on 3 Ejari contracts, from AED 110,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 8.0%.
Source: Dubai Land Department. Updated 28 August 2023.
Questions about 107, Lakeview Apartments
What did unit 107 last sell for?
AED 1,500,000 on 28 August 2023, sold by the developer: AED 875 per sqft for 1,713 sqft. It is the only registered sale of the unit.
What is the rent for unit 107?
AED 120,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 120,000; the unit has been rented since July 2020.
How big is unit 107?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 1st floor of a 4-storey tower.
What is unit 107 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 107, Lakeview Apartments
Starts from the last sale price (AED 1.5M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →