1-bed · 684 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2012

223, Laguna Tower

Sold prices and rental history: sold once, by the developer in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 223 · DLD and Ejari recordsUpdated 9 April 2013
Last soldAED 1.04M9 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 223, Laguna Tower

What is 223 worth today?

Last sold for AED 1,040,000 in 2013

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9 Apr 2013Sold by developerOff-plan
AED 1,040,000AED 1,519 per sqft

Source: Dubai Land Department. Updated 9 April 2013.

Key facts

Type
1-bed hotel apartment
Size
684 sqft
Floor
2nd of 41
Parking
(EU)
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.04M · April 2013
Building
Laguna Tower

About 223, Laguna Tower

223 is a one-bedroom hotel apartment of 684 sqft on the 2nd floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. The developer sold it on 9 April 2013 for AED 1,040,000, or AED 1,519 per sqft, 67% above the AED 912 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 223 over time

Sales
Unit 223, 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, April 2013: AED 1,040,000 (AED 1,519 per sqft)

223 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 223, 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 90,000

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 223 sits

All 210 1-beds →

223 last sold in April 2013 at AED 1,519 per sqft, 67% above what one-beds in Laguna Tower were fetching at the time (AED 912). 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.

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 2nd floor

All 473 units in Laguna Tower
Value
201StudioAED 949K · Jun 2009
202StudioAED 415K · Jun 2022
2031-bedAED 1M · Aug 2013
204StudioAED 400K · Oct 2022
205StudioAED 595K · Jun 2009
206StudioAED 565K · Jun 2009
207StudioAED 536K · Jun 2009
1–7 of 23

223, Laguna Tower in numbers

  • Sold once: by Laguna Tower Residence on 9 April 2013 for AED 1,040,000, or AED 1,519 per sqft.
  • 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 9 April 2013.

Questions about 223, Laguna Tower

What did unit 223 last sell for?

AED 1,040,000 on 9 April 2013, sold by the developer: AED 1,519 per sqft for 684 sqft. It is the only registered sale of the unit.

How big is unit 223?

684 sqft (63.5 sqm): a one-bedroom hotel apartment on the 2nd floor of a 41-storey tower completed in 2012.

What is unit 223 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 223, Laguna Tower

Starts from the last sale price (AED 1.04M, 9 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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