1-bed · 1,238 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2012

1714, Laguna Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1714 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.4M10 September 2024
Current rentAED 80K /yr7 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1714, Laguna Tower

What is 1714 worth today?

Last sold for AED 1,400,000 in 2024

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10 Sep 2024SoldReady
AED 1,400,000AED 1,130 per sqft
7 Jun 2023RentedNew contract
AED 80,000/yr12 months · AED 65 per sqft
15 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
14 Jun 2016SoldReady
AED 1,300,000AED 1,049 per sqft
15 Feb 2015RentedNew contract
AED 84,000/yr12 months · AED 68 per sqft
27 Jan 2013SoldOff-plan
AED 950,000AED 767 per sqft
1 Aug 2012Sold by developerOff-plan
AED 870,000AED 702 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
1,238 sqft
Floor
17th of 41
Parking
DMCC -2065
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.4M · September 2024
Building
Laguna Tower

About 1714, Laguna Tower

1714 is a one-bedroom apartment of 1,238 sqft on the 17th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 10 September 2024 for AED 1,400,000, or AED 1,130 per sqft, 7% below the AED 1,218 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 7 June 2023, is AED 80,000 a year: a gross yield of 5.7% on the 2024 price.

Sales and rents for 1714 over time

Sales
Unit 1714, 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, August 2012: AED 870,000 (AED 702 per sqft)Sold, January 2013: AED 950,000 (AED 767 per sqft)Sold, June 2016: AED 1,300,000 (AED 1,049 per sqft)Sold, September 2024: AED 1,400,000 (AED 1,130 per sqft)

1714 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1714, 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, February 2015: AED 84,000 a yearNew contract, August 2019: AED 85,000 a yearNew contract, June 2023: AED 80,000 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 1714 sits

All 210 1-beds →

1714 last sold in September 2024 at AED 1,130 per sqft, 7% below what one-beds in Laguna Tower were fetching at the time (AED 1,218). 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. 1714's AED 80,000 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 17th floor

All 473 units in Laguna Tower
Value
17052-bedAED 1.4M · Oct 2019
17071-bedAED 1.47M · Apr 2024
17091-bedAED 1.3M · Oct 2024
17121-bedAED 1.2M · Feb 2015
17171-bedAED 800K · Sep 2021
17181-bedAED 703K · Jun 2009
17212-bedAED 1.25M · Jun 2009
1–7 of 8

1714, Laguna Tower in numbers

  • Sold 4 times: first on 1 August 2012 for AED 870,000, last on 10 September 2024 for AED 1,400,000 (AED 1,130 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 84,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.7%.
  • 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 10 September 2024.

Questions about 1714, Laguna Tower

What did unit 1714 last sell for?

AED 1,400,000 on 10 September 2024: AED 1,130 per sqft for 1,238 sqft. The unit has 4 registered sales; the first was AED 870,000 in August 2012.

What is the rent for unit 1714?

AED 80,000 a year on the contract signed on 7 June 2023. The previous contract, from August 2019, was AED 85,000; the unit has been rented since February 2015.

How big is unit 1714?

1,238 sqft (115.0 sqm): a one-bedroom apartment on the 17th floor of a 41-storey tower completed in 2012.

What is unit 1714 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 1714, Laguna Tower

Starts from the last sale price (AED 1.4M, 10 September 2024). 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 →