1-bed · 992 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 11th floor · completed 2012

1118, Laguna Tower

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1118 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.2M25 January 2015
Current rentAED 100K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1118, Laguna Tower

What is 1118 worth today?

Last sold for AED 1,200,000 in 2015

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1 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
13 Jan 2023RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
1 Dec 2021RentedRenewal
AED 74,500/yr12 months · AED 75 per sqft
1 Dec 2020RentedRenewal
AED 74,500/yr12 months · AED 75 per sqft
1 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
1 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
25 Jan 2015SoldOff-plan
AED 1,200,000AED 1,209 per sqft
20 Jan 2015SoldOff-plan
AED 900,000AED 906 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
992 sqft
Floor
11th of 41
Parking
DMCC -2134
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.2M · January 2015
Building
Laguna Tower

About 1118, Laguna Tower

1118 is a one-bedroom apartment of 992 sqft on the 11th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 25 January 2015 for AED 1,200,000, or AED 1,209 per sqft, 12% below the AED 1,371 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 100,000 a year: a gross yield of 8.3% on the 2015 price.

Sales and rents for 1118 over time

Sales
Unit 1118, each saleTypical one-bed in Laguna Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 875,000; 2010 AED 922,000; 2011 AED 950,000; 2012 AED 860,000; 2013 AED 1,125,000; 2014 AED 1,570,000; 2015 AED 1,225,000; 2016 AED 1,285,000; 2017 AED 1,365,000; 2018 AED 950,000; 2019 AED 1,050,000; 2020 AED 806,834; 2021 AED 830,000; 2022 AED 930,000; 2023 AED 1,162,500; 2024 AED 1,400,000; 2025 AED 1,300,000; 2026 AED 1,462,500Sold by developer, June 2009: AED 674,500 (AED 679 per sqft)Sold, January 2015: AED 1,200,000 (AED 1,209 per sqft)Sold, January 2015: AED 900,000 (AED 906 per sqft)

1118 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1118, each contractTypical one-bed in Laguna Tower
75K100K2014201820222026Typical rent by year: 2014 AED 84,500; 2015 AED 110,000; 2016 AED 106,000; 2017 AED 97,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 69,650; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 80,000 a yearRenewal, December 2020: AED 74,500 a yearRenewal, December 2021: AED 74,500 a yearNew contract, January 2023: AED 95,000 a yearNew contract, February 2024: AED 100,000 a year

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

1-beds in Laguna Tower, and where 1118 sits

All 210 1-beds →

1118 last sold in January 2015 at AED 1,209 per sqft, 12% below what one-beds in Laguna Tower were fetching at the time (AED 1,371). Over the last 12 months one-beds sold for AED 635,000 to 1,500,000, around AED 1,188 per sqft, and rent for AED 36,730 to 135,000 a year. 1118's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,470,000
24 Jul 202635,219
19 Jun 20261,100,000
21 May 20261,465,000
12 1-bed sales in the last 12 months

Laguna Tower

Building

473 apartments, studios to 3-bed over 41 floors in Jumeirah Lake Towers (JLT), completed in 2012 by Laguna Tower Residence. 24 sold in the last 12 months.

Typical price per sqft
AED 1,188 Down 9.5%
Typical sale
AED 1.43M
Typical rent
AED 93K /yr
Typical yield
7.3%
Laguna Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 11th floor

All 473 units in Laguna Tower
Value
1101StudioAED 890K · Mar 2014
1102StudioAED 850K · Sep 2023
11031-bedAED 1.2M · May 2016
11051-bedAED 740K · Jun 2009
11071-bedAED 740K · Jun 2009
11101-bedAED 895K · Aug 2022
1111StudioAED 519K · Sep 2022
1–7 of 15

1118, Laguna Tower in numbers

  • Sold 3 times: first on 4 June 2009 for AED 674,500, last on 25 January 2015 for AED 1,200,000 (AED 1,209 per sqft).
  • Rented since December 2018 on 6 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 8.3%.
  • One-beds in Laguna Tower sold for AED 635,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,188 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 1118, Laguna Tower

What did unit 1118 last sell for?

AED 1,200,000 on 25 January 2015: AED 1,209 per sqft for 992 sqft. The unit has 3 registered sales; the first was AED 674,500 in June 2009.

What is the rent for unit 1118?

AED 100,000 a year on the contract signed on 1 February 2024. The previous contract, from January 2023, was AED 95,000; the unit has been rented since December 2018.

How big is unit 1118?

992 sqft (92.2 sqm): a one-bedroom apartment on the 11th floor of a 41-storey tower completed in 2012.

What is unit 1118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Laguna Tower sold for AED 635,000 to 1,500,000 in the last 12 months, around AED 1,188 per sqft.

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Mortgage on 1118, Laguna Tower

Starts from the last sale price (AED 1.2M, 25 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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