TH-05, Lakeview Apartments
Sold prices and rental history: sold once, by the developer in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH-05, Lakeview Apartments
What is TH-05 worth today?
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Source: Dubai Land Department. Updated 19 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,380 sqft
- Floor
- Ground of 4
- Parking
- G25,G33
- Last sold
- AED 2.9M · January 2024
- Building
- Lakeview Apartments
About TH-05, Lakeview Apartments
TH-05 is a three-bedroom apartment of 3,380 sqft on the ground floor of Lakeview Apartments, a 4-storey tower in Green Community East. The developer sold it on 19 January 2024 for AED 2,900,000, or AED 857 per sqft, 5% below the AED 899 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 230,000 a year: a gross yield of 7.9% on the 2024 price.
Sales and rents for TH-05 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 TH-05 sits
All 21 3-beds →TH-05 last sold in January 2024 at AED 857 per sqft, 5% below what three-beds in Lakeview Apartments were fetching at the time (AED 899). TH-05's AED 230,000 is at the top 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 | ||
| 27 Nov 202327 November 2023 | 2,977 sqft | 2,050,000 | 688 | ||
| 20 Sep 202320 September 2023 | 1,735 sqft | 1,600,000 | 922 | ||
| 28 Aug 202328 August 2023 | 1,713 sqft | 1,500,000 | 875 |
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 ground floor
All 44 units in Lakeview Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 3-bed | 3,893 sqft | No registered sale | 270,000 /yr | |
| G07 | 3-bed | 2,977 sqft | AED 2.05MAED 2,050,000 · Nov 2023November 2023 | 125,400 /yr | |
| TH-01 | 3-bed | 2,384 sqft | No registered sale | 184,800 /yr | |
| TH-02 | 3-bed | 2,362 sqft | AED 2.2MAED 2,200,000 · Apr 2023April 2023 | 195,000 /yr | |
| TH-03 | 3-bed | 2,362 sqft | No registered sale | 140,000 /yr | |
| TH-04 | 3-bed | 2,329 sqft | No registered sale | 183,500 /yr | |
| TH-06 | 3-bed | 2,585 sqft | No registered sale | 181,500 /yr | |
| TH-07 | 3-bed | 2,572 sqft | No registered sale | 221,233 /yr | |
| TH-08 | 3-bed | 2,548 sqft | No registered sale | 235,000 /yr |
TH-05, Lakeview Apartments in numbers
- Sold once: by the developer on 19 January 2024 for AED 2,900,000, or AED 857 per sqft.
- Rented since February 2020 on 4 Ejari contracts, from AED 140,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2024 price is 7.9%.
Source: Dubai Land Department. Updated 19 January 2024.
Questions about TH-05, Lakeview Apartments
What did unit TH-05 last sell for?
AED 2,900,000 on 19 January 2024, sold by the developer: AED 857 per sqft for 3,380 sqft. It is the only registered sale of the unit.
What is the rent for unit TH-05?
AED 230,000 a year on the contract signed on 1 December 2023. The previous contract, from March 2022, was AED 150,811; the unit has been rented since February 2020.
How big is unit TH-05?
3,380 sqft (314.0 sqm): a three-bedroom apartment on the ground floor of a 4-storey tower.
What is unit TH-05 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 TH-05, Lakeview Apartments
Starts from the last sale price (AED 2.9M, 19 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →