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1-bed · 981 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2012

2907, Laguna Tower

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

Unit 2907 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 1.19M4 June 2009
Current rentAED 70K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2907, Laguna Tower

What is 2907 worth today?

Last sold for AED 1,190,000 in 2009

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1 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
1 May 2018RentedNew contract
AED 72,000/yr12 months · AED 74 per sqft
30 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
4 Jun 2009Sold by developerOff-plan
AED 1,190,000AED 1,213 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
1-bed apartment
Size
981 sqft
Floor
29th of 41
Parking
DMCC-3300
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.19M · June 2009
Building
Laguna Tower

About 2907, Laguna Tower

2907 is a one-bedroom apartment of 981 sqft on the 29th 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 1,190,000, or AED 1,213 per sqft, 60% above the AED 757 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 June 2019, is AED 70,000 a year: a gross yield of 5.9% on the 2009 price.

Sales and rents for 2907 over time

Sales
Unit 2907, 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 1,190,000 (AED 1,213 per sqft)

2907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, 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 2017: AED 85,000 a yearNew contract, May 2018: AED 72,000 a yearNew contract, June 2019: AED 70,000 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 2907 sits

All 210 1-beds →

2907 last sold in June 2009 at AED 1,213 per sqft, 60% 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. 2907's AED 70,000 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 29th floor

All 473 units in Laguna Tower
Value
29052-bedAED 2.45M · May 2010
29091-bedAED 1.11M · Jun 2009
29121-bedAED 1.43M · Oct 2024
29141-bedAED 989K · Jun 2009
29171-bedAED 830K · Mar 2021
29181-bedAED 625K · Dec 2015
29212-bedAED 900K · May 2016
1–7 of 8

2907, Laguna Tower in numbers

  • Sold once: by Laguna Tower Residence on 4 June 2009 for AED 1,190,000, or AED 1,213 per sqft.
  • Rented since January 2017 on 3 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2009 price is 5.9%.
  • 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 June 2019.

Questions about 2907, Laguna Tower

What did unit 2907 last sell for?

AED 1,190,000 on 4 June 2009, sold by the developer: AED 1,213 per sqft for 981 sqft. It is the only registered sale of the unit.

What is the rent for unit 2907?

AED 70,000 a year on the contract signed on 1 June 2019. The previous contract, from May 2018, was AED 72,000; the unit has been rented since January 2017.

How big is unit 2907?

981 sqft (91.1 sqm): a one-bedroom apartment on the 29th floor of a 41-storey tower completed in 2012.

What is unit 2907 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 2907, Laguna Tower

Starts from the last sale price (AED 1.19M, 4 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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