1-bed · 1,185 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2012

1409, Laguna Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.4M20 July 2023
Current rentAED 75K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Laguna Tower

What is 1409 worth today?

Last sold for AED 1,400,000 in 2023

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20 Jul 2023SoldReady
AED 1,400,000AED 1,181 per sqft
20 Jan 2023RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
20 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
1 Oct 2019RentedNew contract
AED 77,500/yr12 months · AED 65 per sqft
21 Jan 2019RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
21 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
13 Apr 2017SoldReady
AED 1,300,000AED 1,097 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
1-bed apartment
Size
1,185 sqft
Floor
14th of 41
Parking
DMCC -2099
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.4M · July 2023
Building
Laguna Tower

About 1409, Laguna Tower

1409 is a one-bedroom apartment of 1,185 sqft on the 14th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 20 July 2023 for AED 1,400,000, or AED 1,181 per sqft, 31% above the AED 901 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 January 2023, is AED 75,000 a year: a gross yield of 5.4% on the 2023 price.

Sales and rents for 1409 over time

Sales
Unit 1409, 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 835,000 (AED 704 per sqft)Sold, April 2017: AED 1,300,000 (AED 1,097 per sqft)Sold, July 2023: AED 1,400,000 (AED 1,181 per sqft)

1409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, 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, January 2016: AED 105,000 a yearNew contract, January 2018: AED 100,000 a yearRenewal, January 2019: AED 80,000 a yearNew contract, October 2019: AED 77,500 a yearNew contract, October 2020: AED 70,000 a yearNew contract, January 2022: AED 75,000 a yearRenewal, January 2023: AED 75,000 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 1409 sits

All 210 1-beds →

1409 last sold in July 2023 at AED 1,181 per sqft, 31% above what one-beds in Laguna Tower were fetching at the time (AED 901). 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. 1409's AED 75,000 is in the lower 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 14th floor

All 473 units in Laguna Tower
Value
14052-bedAED 1.32M · Jun 2009
14071-bedAED 880K · Oct 2019
14121-bedAED 840K · Jun 2009
14141-bedAED 1.29M · Jul 2016
14171-bedAED 1.33M · Aug 2016
14181-bedAED 970K · Nov 2012
14212-bedAED 1.22M · Jun 2009
1–7 of 8

1409, Laguna Tower in numbers

  • Sold 3 times: first on 4 June 2009 for AED 835,000, last on 20 July 2023 for AED 1,400,000 (AED 1,181 per sqft).
  • Rented since January 2016 on 7 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.4%.
  • 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 20 July 2023.

Questions about 1409, Laguna Tower

What did unit 1409 last sell for?

AED 1,400,000 on 20 July 2023: AED 1,181 per sqft for 1,185 sqft. The unit has 3 registered sales; the first was AED 835,000 in June 2009.

What is the rent for unit 1409?

AED 75,000 a year on the contract renewed on 20 January 2023. The previous contract, from January 2022, was AED 75,000; the unit has been rented since January 2016.

How big is unit 1409?

1,185 sqft (110.1 sqm): a one-bedroom apartment on the 14th floor of a 41-storey tower completed in 2012.

What is unit 1409 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 1409, Laguna Tower

Starts from the last sale price (AED 1.4M, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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