309, 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 309, Lakeview Apartments
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,048 sqft
- Floor
- 3rd of 4
- Parking
- G08
- Last sold
- AED 1.75M · August 2023
- Building
- Lakeview Apartments
About 309, Lakeview Apartments
309 is a three-bedroom apartment of 2,048 sqft on the 3rd floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 1 August 2023 for AED 1,750,000, or AED 854 per sqft, 8% below the AED 927 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 October 2021, is AED 115,000 a year: a gross yield of 6.6% on the 2023 price.
Sales and rents for 309 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 309 sits
All 21 3-beds →309 last sold in August 2023 at AED 854 per sqft, 8% below what three-beds in Lakeview Apartments were fetching at the time (AED 927). 309'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 | |
| 306 | 3-bed | 1,734 sqft | AED 1.6MAED 1,600,000 · May 2023May 2023 | 115,000 /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, Lakeview Apartments in numbers
- Sold once: by the developer on 1 August 2023 for AED 1,750,000, or AED 854 per sqft.
- Rented since February 2020 on 3 Ejari contracts, from AED 140,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 6.6%.
Source: Dubai Land Department. Updated 1 August 2023.
Questions about 309, Lakeview Apartments
What did unit 309 last sell for?
AED 1,750,000 on 1 August 2023, sold by the developer: AED 854 per sqft for 2,048 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 115,000 a year on the contract signed on 1 October 2021. The previous contract, from August 2020, was AED 110,000; the unit has been rented since February 2020.
How big is unit 309?
2,048 sqft (190.3 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower.
What is unit 309 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 309, Lakeview Apartments
Starts from the last sale price (AED 1.75M, 1 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →