1224, Laguna Tower
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1224, Laguna Tower
What is 1224 worth today?
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Source: Dubai Land Department. Updated 23 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 615 sqft
- Floor
- 12th of 41
- Parking
- DMCC-3015
- Developer
- Laguna Tower Residence
- Completed
- 2012
- Last sold
- AED 885K · May 2025
- Building
- Laguna Tower
About 1224, Laguna Tower
1224 is a studio of 615 sqft on the 12th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 23 May 2025 for AED 885,000, or AED 1,439 per sqft, in line with the AED 1,433 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 23 April 2024, is AED 70,000 a year: a gross yield of 7.9% on the 2025 price.
Sales and rents for 1224 over time
1224 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1224 sits
All 168 studios →1224 last sold in May 2025 at AED 1,439 per sqft, in line with what studios in Laguna Tower were fetching at the time (AED 1,433). 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. 1224's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 377 sqft | 391,351 | 1,038 | ||
| 10 Feb 202610 February 2026 | 364 sqft | 393,428 | 1,082 | ||
| 10 Feb 202610 February 2026 | 587 sqft | 543,815 | 925 | ||
| 10 Feb 202610 February 2026 | 364 sqft | 393,429 | 1,082 |
Laguna Tower
Building473 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%
Other units on the 12th floor
All 473 units in Laguna Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 625 sqft | AED 575KAED 575,000 · Jun 2009June 2009 | 64,000 /yr | |
| 1202 | Studio | 613 sqft | AED 542KAED 541,500 · Jun 2009June 2009 | ||
| 1203 | 1-bed | 882 sqft | AED 900KAED 900,000 · Feb 2013February 2013 | ||
| 1205 | 1-bed | 981 sqft | AED 1.33MAED 1,325,000 · Mar 2017March 2017 | 80,000 /yr | |
| 1207 | 1-bed | 981 sqft | AED 1.43MAED 1,430,000 · Nov 2023November 2023 | 108,000 /yr | |
| 1210 | 1-bed | 1,055 sqft | AED 1.54MAED 1,540,000 · May 2015May 2015 | 110,000 /yr | |
| 1211 | Studio | 635 sqft | AED 494KAED 494,000 · Jun 2009June 2009 | 55,000 /yr | |
| 1212 | Studio | 630 sqft | AED 499KAED 498,750 · Jun 2009June 2009 | 75,000 /yr | |
| 1214 | Studio | 630 sqft | AED 365KAED 365,000 · Oct 2020October 2020 | 75,000 /yr | |
| 1215 | Studio | 635 sqft | AED 330KAED 330,000 · Mar 2021March 2021 | 90,000 /yr | |
| 1216 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Jan 2015January 2015 | 97,000 /yr | |
| 1218 | 1-bed | 992 sqft | AED 1.57MAED 1,573,810 · Dec 2017December 2017 | 80,000 /yr | |
| 1220 | 1-bed | 992 sqft | AED 679KAED 679,250 · Jun 2009June 2009 | 92,000 /yr | |
| 1222 | 1-bed | 882 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 43,000 /yr | |
| 1225 | Studio | 630 sqft | AED 805KAED 805,000 · Feb 2017February 2017 | 53,000 /yr |
1224, Laguna Tower in numbers
- Sold 3 times: first on 4 June 2009 for AED 570,000, last on 23 May 2025 for AED 885,000 (AED 1,439 per sqft).
- Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 69,806 to AED 60,000 in 2018 and recovered to AED 70,000 by April 2024.
- At AED 70,000 a year the gross yield on the 2025 price is 7.9%.
- 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 23 May 2025.
Questions about 1224, Laguna Tower
What did unit 1224 last sell for?
AED 885,000 on 23 May 2025: AED 1,439 per sqft for 615 sqft. The unit has 3 registered sales; the first was AED 570,000 in June 2009.
What is the rent for unit 1224?
AED 70,000 a year on the contract signed on 23 April 2024. The previous contract, from March 2023, was AED 67,000; the unit has been rented since April 2017.
How big is unit 1224?
615 sqft (57.1 sqm): a studio on the 12th floor of a 41-storey tower completed in 2012.
What is unit 1224 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 1224, Laguna Tower
Starts from the last sale price (AED 885K, 23 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 885,000
- Deposit, UAE resident (20%)
- AED 177,000
- Deposit, non-resident (40%)
- AED 354,000
- Monthly over 25 years at 3.7%
- AED 3,621
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →