Studio · 615 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 11th floor · completed 2012

1124, Laguna Tower

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1124 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 891K22 April 2014
Current rentAED 78K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1124, Laguna Tower

What is 1124 worth today?

Last sold for AED 891,300 in 2014

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5 Sep 2025RentedNew contract
AED 77,500/yr12 months · AED 126 per sqft
15 Jun 2020RentedRenewal
AED 52,000/yr12 months · AED 85 per sqft
15 Jun 2019RentedNew contract
AED 58,000/yr12 months · AED 94 per sqft
15 Jun 2018RentedNew contract
AED 68,000/yr12 months · AED 111 per sqft
15 Jun 2017RentedNew contract
AED 68,000/yr12 months · AED 111 per sqft
3 Mar 2016RentedNew contract
AED 73,000/yr12 months · AED 119 per sqft
22 Apr 2014SoldOff-plan
AED 891,300AED 1,449 per sqft
4 Jun 2009Sold by developerOff-plan
AED 565,000AED 918 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
Studio apartment
Size
615 sqft
Floor
11th of 41
Parking
DMCC-0092
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 891K · April 2014
Building
Laguna Tower

About 1124, Laguna Tower

1124 is a studio of 615 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 22 April 2014 for AED 891,300, or AED 1,449 per sqft, in line with the AED 1,472 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 5 September 2025, is AED 77,500 a year: a gross yield of 8.7% on the 2014 price.

Sales and rents for 1124 over time

Sales
Unit 1124, each saleTypical studio in Laguna Tower
500K2009201420192024Typical sale price by year: 2009 AED 565,250; 2010 AED 595,000; 2011 AED 500,000; 2013 AED 615,000; 2014 AED 700,000; 2015 AED 695,000; 2016 AED 585,000; 2017 AED 650,000; 2018 AED 517,500; 2020 AED 435,000; 2021 AED 350,000; 2022 AED 519,000; 2023 AED 637,540; 2024 AED 325,000; 2025 AED 710,000; 2026 AED 393,429Sold by developer, June 2009: AED 565,000 (AED 918 per sqft)Sold, April 2014: AED 891,300 (AED 1,449 per sqft)

1124 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1124, each contractTypical studio in Laguna Tower
40K60K80K20152018202120242027Typical rent by year: 2015 AED 66,500; 2016 AED 65,500; 2017 AED 66,000; 2018 AED 59,000; 2019 AED 47,000; 2020 AED 37,999; 2021 AED 37,000; 2022 AED 44,000; 2023 AED 48,000; 2024 AED 65,000; 2025 AED 66,000; 2026 AED 66,500New contract, March 2016: AED 73,000 a yearNew contract, June 2017: AED 68,000 a yearNew contract, June 2018: AED 68,000 a yearNew contract, June 2019: AED 58,000 a yearRenewal, June 2020: AED 52,000 a yearNew contract, September 2025: AED 77,500 a year

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

Studios in Laguna Tower, and where 1124 sits

All 168 studios →

1124 last sold in April 2014 at AED 1,449 per sqft, in line with what studios in Laguna Tower were fetching at the time (AED 1,472). Over the last 12 months studios sold for AED 391,351 to 543,815, around AED 1,082 per sqft, and rent for AED 48,510 to 110,000 a year. 1124's AED 77,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 May 2026391,351
10 Feb 2026393,428
10 Feb 2026543,815
10 Feb 2026393,429
6 studio 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

1124, Laguna Tower in numbers

  • Sold twice: first on 4 June 2009 for AED 565,000, last on 22 April 2014 for AED 891,300 (AED 1,449 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 52,000 in 2020 and recovered to AED 77,500 by September 2025.
  • At AED 77,500 a year the gross yield on the 2014 price is 8.7%.
  • Studios in Laguna Tower sold for AED 391,351–543,815 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 5 September 2025.

Questions about 1124, Laguna Tower

What did unit 1124 last sell for?

AED 891,300 on 22 April 2014: AED 1,449 per sqft for 615 sqft. The unit has 2 registered sales; the first was AED 565,000 in June 2009.

What is the rent for unit 1124?

AED 77,500 a year on the contract signed on 5 September 2025. The previous contract, from June 2020, was AED 52,000; the unit has been rented since March 2016.

How big is unit 1124?

615 sqft (57.1 sqm): a studio on the 11th floor of a 41-storey tower completed in 2012.

What is unit 1124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Laguna Tower sold for AED 391,351 to 543,815 in the last 12 months, around AED 1,082 per sqft.

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Mortgage on 1124, Laguna Tower

Starts from the last sale price (AED 891K, 22 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 891,300
Deposit, UAE resident (20%)
AED 178,260
Deposit, non-resident (40%)
AED 356,520
Monthly over 25 years at 3.7%
AED 3,647

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