Studio · 726 sqftIcon Towers 1, Jumeirah Lake Towers (JLT) · 19th floor · completed 2008

1908, Icon Towers 1

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 735K7 June 2024
Current rentAED 66K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Icon Towers 1

What is 1908 worth today?

Last sold for AED 735,000 in 2024

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1 Jul 2026RentedNew contract
AED 66,000/yr12 months · AED 92 per sqft
10 Nov 2024RentedNew contract
AED 62,920/yr12 months · AED 87 per sqft
10 Nov 2024RentedNew contract
AED 62,920/yr12 months · AED 87 per sqft
7 Jun 2024SoldReady
AED 735,000AED 1,012 per sqft
10 Nov 2023RentedRenewal
AED 57,200/yr12 months · AED 79 per sqft
10 Nov 2022RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
29 Oct 2021RentedRenewal
AED 42,000/yr12 months · AED 58 per sqft
29 Oct 2020RentedRenewal
AED 42,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
726 sqft
Floor
19th of 38
Parking
DMCC-2256
Developer
Al Mazaya Real Estate
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 735K · June 2024

About 1908, Icon Towers 1

1908 is a studio of 726 sqft on the 19th floor of Icon Towers 1, a 38-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Al Mazaya Real Estate. It last sold on 7 June 2024 for AED 735,000, or AED 1,012 per sqft, 17% below the AED 1,213 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 66,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical studio in Icon Towers 1
400K600K800K2011201520192023Typical sale price by year: 2011 AED 494,080; 2012 AED 369,929; 2013 AED 510,000; 2014 AED 767,500; 2015 AED 700,000; 2016 AED 650,000; 2017 AED 686,500; 2018 AED 580,000; 2020 AED 380,000; 2021 AED 580,000; 2022 AED 448,500; 2023 AED 620,000; 2024 AED 764,500Sold by developer, August 2011: AED 540,000 (AED 743 per sqft)Sold, September 2011: AED 430,000 (AED 592 per sqft)Sold, July 2013: AED 710,000 (AED 977 per sqft)Sold, August 2017: AED 790,000 (AED 1,087 per sqft)Sold, June 2024: AED 735,000 (AED 1,012 per sqft)

1908 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1908, each contractTypical studio in Icon Towers 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 40,500; 2013 AED 45,877; 2014 AED 57,000; 2015 AED 67,591; 2016 AED 67,000; 2017 AED 65,000; 2018 AED 57,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 43,000; 2023 AED 50,000; 2024 AED 55,545; 2025 AED 59,000; 2026 AED 64,400New contract, October 2016: AED 76,230 a yearNew contract, October 2017: AED 60,000 a yearNew contract, October 2018: AED 60,000 a yearRenewal, October 2019: AED 55,000 a yearRenewal, October 2020: AED 42,000 a yearRenewal, October 2021: AED 42,000 a yearNew contract, November 2022: AED 52,000 a yearRenewal, November 2023: AED 57,200 a yearNew contract, November 2024: AED 62,920 a yearNew contract, November 2024: AED 62,920 a yearNew contract, July 2026: AED 66,000 a year

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

Studios in Icon Towers 1, and where 1908 sits

All 60 studios →

1908 last sold in June 2024 at AED 1,012 per sqft, 17% below what studios in Icon Towers 1 were fetching at the time (AED 1,213). 1908's AED 66,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Jun 2025615,000
30 Dec 20241,100,000
18 Dec 2024875,000
16 Sep 2024746,750
0 studio sales in the last 12 months

Icon Towers 1

Building

349 apartments, studios to 5-bed over 38 floors in Jumeirah Lake Towers (JLT), completed in 2008 by Al Mazaya Real Estate. 26 sold in the last 12 months.

Typical price per sqft
AED 1,213 Up 5.4%
Typical sale
AED 1.35M
Typical rent
AED 80K /yr
Typical yield
7.1%
Icon Towers 1, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 19th floor

All 349 units in Icon Towers 1
Value
19012-bedAED 1.2M · Aug 2015
19022-bedAED 1.08M · Jul 2024
1903StudioAED 747K · Sep 2024
1904StudioAED 257K · Feb 2013
19052-bedAED 1.2M · Jul 2023
19062-bedAED 1.34M · Jan 2014
1907StudioAED 289K · Feb 2013
1–7 of 9

1908, Icon Towers 1 in numbers

  • Sold 5 times: first on 16 August 2011 for AED 540,000, last on 7 June 2024 for AED 735,000 (AED 1,012 per sqft).
  • Rented since October 2016 on 11 Ejari contracts. The rent fell from AED 76,230 to AED 42,000 in 2021 and recovered to AED 66,000 by July 2026.
  • At AED 66,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 10,000 a year (AED 13.80 per sqft).

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 1908, Icon Towers 1

What did unit 1908 last sell for?

AED 735,000 on 7 June 2024: AED 1,012 per sqft for 726 sqft. The unit has 5 registered sales; the first was AED 540,000 in August 2011.

What is the rent for unit 1908?

AED 66,000 a year on the contract signed on 1 July 2026. The previous contract, from November 2024, was AED 62,920; the unit has been rented since October 2016.

How big is unit 1908?

726 sqft (67.4 sqm): a studio on the 19th floor of a 38-storey tower completed in 2008.

What is unit 1908 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 1908, Icon Towers 1

Starts from the last sale price (AED 735K, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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