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1-bed · 951 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 37th floor · completed 2012

3708, Laguna Tower

Sold prices and rental history: sold 4 times, last in April 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3708 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 1.65M16 April 2015
Current rentAED 61K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3708, Laguna Tower

What is 3708 worth today?

Last sold for AED 1,650,000 in 2015

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5 Aug 2023RentedRenewal
AED 61,425/yr4 months · AED 65 per sqft
5 Aug 2022RentedRenewal
AED 58,300/yr12 months · AED 61 per sqft
5 Aug 2021RentedRenewal
AED 53,000/yr12 months · AED 56 per sqft
5 Aug 2020RentedNew contract
AED 53,000/yr12 months · AED 56 per sqft
10 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
16 Apr 2015SoldReady
AED 1,650,000AED 1,734 per sqft
14 Apr 2015SoldReady
AED 1,415,600AED 1,488 per sqft
30 Mar 2015SoldReady
AED 890,000AED 935 per sqft

Source: Dubai Land Department. Updated 5 August 2023.

Key facts

Type
1-bed apartment
Size
951 sqft
Floor
37th of 41
Parking
DMCC-3101
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.65M · April 2015
Building
Laguna Tower

About 3708, Laguna Tower

3708 is a one-bedroom apartment of 951 sqft on the 37th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 16 April 2015 for AED 1,650,000, or AED 1,734 per sqft, 34% above the AED 1,295 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 61,425 a year: a gross yield of 3.7% on the 2015 price.

Sales and rents for 3708 over time

Sales
Unit 3708, 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, January 2013: AED 890,000 (AED 935 per sqft)Sold, March 2015: AED 890,000 (AED 935 per sqft)Sold, April 2015: AED 1,650,000 (AED 1,734 per sqft)Sold, April 2015: AED 1,415,600 (AED 1,488 per sqft)

3708 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3708, each contractTypical one-bed in Laguna Tower
50K100K2014201820222026Typical 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, October 2017: AED 95,000 a yearNew contract, August 2020: AED 53,000 a yearRenewal, August 2021: AED 53,000 a yearRenewal, August 2022: AED 58,300 a yearRenewal, August 2023: AED 61,425 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 3708 sits

All 210 1-beds →

3708 last sold in April 2015 at AED 1,734 per sqft, 34% above what one-beds in Laguna Tower were fetching at the time (AED 1,295). 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. 3708's AED 61,425 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 37th floor

All 473 units in Laguna Tower
Value
37011-bedAED 1.33M · Jan 2024
37021-bedAED 1.44M · Jul 2024
37033-bedAED 1.98M · May 2021
37051-bedAED 935K · May 2010
37061-bedAED 1.1M · Jun 2026
37071-bedAED 1.38M · Jul 2024
37103-bedAED 2.05M · Dec 2020
1–7 of 19

3708, Laguna Tower in numbers

  • Sold 4 times: first on 27 January 2013 for AED 890,000, last on 16 April 2015 for AED 1,650,000 (AED 1,734 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 53,000 in 2021 and recovered to AED 61,425 by August 2023.
  • At AED 61,425 a year the gross yield on the 2015 price is 3.7%.
  • 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 5 August 2023.

Questions about 3708, Laguna Tower

What did unit 3708 last sell for?

AED 1,650,000 on 16 April 2015: AED 1,734 per sqft for 951 sqft. The unit has 4 registered sales; the first was AED 890,000 in January 2013.

What is the rent for unit 3708?

AED 61,425 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 58,300; the unit has been rented since October 2017.

How big is unit 3708?

951 sqft (88.4 sqm): a one-bedroom apartment on the 37th floor of a 41-storey tower completed in 2012.

What is unit 3708 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 3708, Laguna Tower

Starts from the last sale price (AED 1.65M, 16 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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