3-bed · 1,716 sqftLakeview Apartments, Green Community East · 4th floor

407, Lakeview Apartments

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

Unit 407 · DLD and Ejari recordsUpdated 14 April 2026
Last soldAED 1.63M2 July 2024
Current rentAED 170K /yr14 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Lakeview Apartments

What is 407 worth today?

Last sold for AED 1,630,000 in 2024

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14 Apr 2026RentedRenewal
AED 170,000/yr6 months · AED 99 per sqft
14 Apr 2025RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft
2 Jul 2024Sold by developerReady
AED 1,630,000AED 949 per sqft
31 Aug 2023RentedRenewal
AED 126,500/yr12 months · AED 74 per sqft
31 Aug 2022RentedRenewal
AED 115,000/yr12 months · AED 67 per sqft
31 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
1 Aug 2020RentedNew contract
AED 110,000/yr13 months · AED 64 per sqft

Source: Dubai Land Department. Updated 14 April 2026.

Key facts

Type
3-bed apartment
Size
1,716 sqft
Floor
4th of 4
Parking
G48
Last sold
AED 1.63M · July 2024

About 407, Lakeview Apartments

407 is a three-bedroom apartment of 1,716 sqft on the 4th floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 2 July 2024 for AED 1,630,000, or AED 949 per sqft, 10% above the AED 866 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 14 April 2026, is AED 170,000 a year: a gross yield of 10.4% on the 2024 price.

Sales and rents for 407 over time

Rents
Unit 407, each contractTypical three-bed in Lakeview Apartments
100K150K20192021202320252027Typical rent by year: 2019 AED 145,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 125,200; 2023 AED 149,675; 2024 AED 170,000; 2025 AED 178,500; 2026 AED 179,250New contract, August 2020: AED 110,000 a yearNew contract, August 2021: AED 110,000 a yearRenewal, August 2022: AED 115,000 a yearRenewal, August 2023: AED 126,500 a yearNew contract, April 2025: AED 165,000 a yearRenewal, April 2026: AED 170,000 a year

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 407 sits

All 21 3-beds →

407 last sold in July 2024 at AED 949 per sqft, 10% above what three-beds in Lakeview Apartments were fetching at the time (AED 866). 407's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jan 20242,900,000
27 Nov 20232,050,000
20 Sep 20231,600,000
28 Aug 20231,500,000
0 3-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
4042-bedAED 1.4M · Jan 2024
4052-bedAED 2M · Jul 2026
4063-bedAED 1.6M · Sep 2023
4082-bedNo registered sale
1–7 of 8

407, Lakeview Apartments in numbers

  • Sold once: by the developer on 2 July 2024 for AED 1,630,000, or AED 949 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 110,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 10.4%.

Source: Dubai Land Department. Updated 14 April 2026.

Questions about 407, Lakeview Apartments

What did unit 407 last sell for?

AED 1,630,000 on 2 July 2024, sold by the developer: AED 949 per sqft for 1,716 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 170,000 a year on the contract renewed on 14 April 2026. The previous contract, from April 2025, was AED 165,000; the unit has been rented since August 2020.

How big is unit 407?

1,716 sqft (159.4 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower.

What is unit 407 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 407, Lakeview Apartments

Starts from the last sale price (AED 1.63M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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