306, Lakeview Apartments
Sold prices and rental history: sold once, by the developer in May 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 306, Lakeview Apartments
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Source: Dubai Land Department. Updated 10 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,734 sqft
- Floor
- 3rd of 4
- Parking
- G45
- Last sold
- AED 1.6M · May 2023
- Building
- Lakeview Apartments
About 306, Lakeview Apartments
306 is a three-bedroom apartment of 1,734 sqft on the 3rd floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 10 May 2023 for AED 1,600,000, or AED 922 per sqft, in line with the AED 931 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 1 April 2022, is AED 115,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 306 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 306 sits
All 21 3-beds →306 last sold in May 2023 at AED 922 per sqft, in line with what three-beds in Lakeview Apartments were fetching at the time (AED 931). 306's AED 115,000 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 3rd floor
All 44 units in Lakeview Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,510 sqft | No registered sale | 140,000 /yr | |
| 302 | 2-bed | 1,347 sqft | No registered sale | 140,000 /yr | |
| 303 | 2-bed | 1,505 sqft | No registered sale | 120,697 /yr | |
| 304 | 2-bed | 1,396 sqft | No registered sale | 92,000 /yr | |
| 305 | 2-bed | 1,515 sqft | No registered sale | 130,000 /yr | |
| 307 | 3-bed | 1,716 sqft | No registered sale | 154,275 /yr | |
| 308 | 2-bed | 1,406 sqft | No registered sale | 135,000 /yr | |
| 309 | 3-bed | 2,048 sqft | AED 1.75MAED 1,750,000 · Aug 2023August 2023 | 115,000 /yr |
306, Lakeview Apartments in numbers
- Sold once: by the developer on 10 May 2023 for AED 1,600,000, or AED 922 per sqft.
- Rented since April 2020 on 3 Ejari contracts, from AED 125,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 7.2%.
Source: Dubai Land Department. Updated 10 May 2023.
Questions about 306, Lakeview Apartments
What did unit 306 last sell for?
AED 1,600,000 on 10 May 2023, sold by the developer: AED 922 per sqft for 1,734 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 115,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 115,000; the unit has been rented since April 2020.
How big is unit 306?
1,734 sqft (161.1 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower.
What is unit 306 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 306, Lakeview Apartments
Starts from the last sale price (AED 1.6M, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →