1-bed · 981 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2012

2407, Laguna Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 865K4 June 2009
Current rentAED 61K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Laguna Tower

What is 2407 worth today?

Last sold for AED 864,500 in 2009

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1 Oct 2022RentedRenewal
AED 60,900/yr12 months · AED 62 per sqft
1 Oct 2021RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft
12 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
10 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
4 Jun 2009Sold by developerOff-plan
AED 864,500AED 881 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
1-bed apartment
Size
981 sqft
Floor
24th of 41
Parking
DMCC-3127
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 865K · June 2009
Building
Laguna Tower

About 2407, Laguna Tower

2407 is a one-bedroom apartment of 981 sqft on the 24th 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 4 June 2009 for AED 864,500, or AED 881 per sqft, 16% above the AED 757 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 60,900 a year: a gross yield of 7.0% on the 2009 price.

Sales and rents for 2407 over time

Sales
Unit 2407, 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 864,500 (AED 881 per sqft)

2407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2407, each contractTypical one-bed in Laguna Tower
50K75K100K2014201820222026Typical 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, September 2017: AED 90,000 a yearNew contract, September 2019: AED 65,000 a yearNew contract, October 2021: AED 58,000 a yearRenewal, October 2022: AED 60,900 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 2407 sits

All 210 1-beds →

2407 last sold in June 2009 at AED 881 per sqft, 16% above what one-beds in Laguna Tower were fetching at the time (AED 757). 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. 2407's AED 60,900 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 24th floor

All 473 units in Laguna Tower
Value
24052-bedAED 1.86M · Jun 2009
24091-bedAED 1.13M · Feb 2023
24121-bedAED 837K · Jun 2009
24141-bedAED 837K · Jun 2009
24171-bedAED 1.4M · Feb 2026
24181-bedAED 783K · Jun 2009
24212-bedAED 1.26M · Jun 2009
1–7 of 8

2407, Laguna Tower in numbers

  • Sold once: by Laguna Tower Residence on 4 June 2009 for AED 864,500, or AED 881 per sqft.
  • Rented since September 2017 on 4 Ejari contracts, from AED 90,000 to AED 60,900 a year.
  • At AED 60,900 a year the gross yield on the 2009 price is 7.0%.
  • 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 1 October 2022.

Questions about 2407, Laguna Tower

What did unit 2407 last sell for?

AED 864,500 on 4 June 2009, sold by the developer: AED 881 per sqft for 981 sqft. It is the only registered sale of the unit.

What is the rent for unit 2407?

AED 60,900 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 58,000; the unit has been rented since September 2017.

How big is unit 2407?

981 sqft (91.1 sqm): a one-bedroom apartment on the 24th floor of a 41-storey tower completed in 2012.

What is unit 2407 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 2407, Laguna Tower

Starts from the last sale price (AED 865K, 4 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 864,500
Deposit, UAE resident (20%)
AED 172,900
Deposit, non-resident (40%)
AED 345,800
Monthly over 25 years at 3.7%
AED 3,537

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