2-bed · 1,396 sqftLakeview Apartments, Green Community East · 4th floor

404, Lakeview Apartments

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 January 2024
Last soldAED 1.4M19 January 2024
Current rentAED 100K /yr21 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Lakeview Apartments

What is 404 worth today?

Last sold for AED 1,400,000 in 2024

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19 Jan 2024Sold by developerReady
AED 1,400,000AED 1,002 per sqft
21 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
15 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 19 January 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
4th of 4
Parking
G49
Last sold
AED 1.4M · January 2024

About 404, Lakeview Apartments

404 is a two-bedroom apartment of 1,396 sqft on the 4th floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 19 January 2024 for AED 1,400,000, or AED 1,002 per sqft, 4% above the AED 965 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 21 November 2021, is AED 100,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Lakeview Apartments
100K120K20192021202320252027Typical rent by year: 2019 AED 102,500; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 95,000; 2023 AED 100,000; 2024 AED 109,863; 2025 AED 130,000; 2026 AED 130,000New contract, September 2020: AED 100,000 a yearNew contract, November 2021: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lakeview Apartments, and where 404 sits

All 23 2-beds →

404 last sold in January 2024 at AED 1,002 per sqft, 4% above what two-beds in Lakeview Apartments were fetching at the time (AED 965). Over the last 12 months two-beds sold for AED 2,000,000, around AED 1,371 per sqft, and rent for AED 96,667 to 150,000 a year. 404's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20262,000,000
27 Nov 20252,000,000
15 May 20251,200,000
29 Jul 20241,000,000
2 2-bed sales in the last 12 months

Lakeview Apartments

Building

44 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%
Lakeview Apartments, Green Community East: prices, sales and rents →

Other units on the 4th floor

All 44 units in Lakeview Apartments
Value
4012-bedNo registered sale
4022-bedAED 1.3M · Jul 2023
4032-bedNo registered sale
4052-bedAED 2M · Jul 2026
4063-bedAED 1.6M · Sep 2023
4073-bedAED 1.63M · Jul 2024
4082-bedNo registered sale
1–7 of 8

404, Lakeview Apartments in numbers

  • Sold once: by the developer on 19 January 2024 for AED 1,400,000, or AED 1,002 per sqft.
  • Rented since September 2020 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.1%.
  • Two-beds in Lakeview Apartments sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,371 per sqft.

Source: Dubai Land Department. Updated 19 January 2024.

Questions about 404, Lakeview Apartments

What did unit 404 last sell for?

AED 1,400,000 on 19 January 2024, sold by the developer: AED 1,002 per sqft for 1,396 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 100,000 a year on the contract signed on 21 November 2021. The previous contract, from September 2020, was AED 100,000.

How big is unit 404?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lakeview Apartments sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,371 per sqft.

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Mortgage on 404, Lakeview Apartments

Starts from the last sale price (AED 1.4M, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →