3-bed · 1,978 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 37th floor · completed 2012

3723, Laguna Tower

Sold prices and rental history: sold twice, last in May 2023, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3723 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 1.99M31 May 2023
Current rentAED 128K /yr25 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3723, Laguna Tower

What is 3723 worth today?

Last sold for AED 1,987,500 in 2023

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31 May 2023SoldReady
AED 1,987,500AED 1,004 per sqft
25 Jan 2020RentedNew contract
AED 128,000/yr12 months · AED 65 per sqft
19 Apr 2011Sold by developerOff-plan
AED 2,000,000AED 1,011 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
3-bed apartment
Size
1,978 sqft
Floor
37th of 41
Parking
DMCC-1243, DMCC-1244
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.99M · May 2023
Building
Laguna Tower

About 3723, Laguna Tower

3723 is a three-bedroom apartment of 1,978 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 31 May 2023 for AED 1,987,500, or AED 1,004 per sqft, 16% above the AED 867 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 January 2020. The current contract, signed on 25 January 2020, is AED 128,000 a year: a gross yield of 6.4% on the 2023 price.

Sales and rents for 3723 over time

Sales
Unit 3723, each saleTypical three-bed in Laguna Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,775,000; 2010 AED 1,937,500; 2011 AED 1,843,350; 2013 AED 3,000,000; 2014 AED 3,050,000; 2017 AED 2,300,000; 2020 AED 2,000,000; 2021 AED 1,700,000; 2022 AED 2,125,000; 2023 AED 2,100,000; 2024 AED 2,450,000; 2025 AED 3,475,000Sold by developer, April 2011: AED 2,000,000 (AED 1,011 per sqft)Sold, May 2023: AED 1,987,500 (AED 1,004 per sqft)

3723 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3723, each contractTypical three-bed in Laguna Tower
100K150K200K20152018202120242027Typical rent by year: 2015 AED 190,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 157,500; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 135,810; 2024 AED 177,500; 2025 AED 205,000; 2026 AED 200,000New contract, January 2020: AED 128,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Laguna Tower, and where 3723 sits

All 31 3-beds →

3723 last sold in May 2023 at AED 1,004 per sqft, 16% above what three-beds in Laguna Tower were fetching at the time (AED 867). Over the last 12 months three-beds sold for AED 3,250,000, around AED 1,343 per sqft, and rent for AED 170,000 to 245,000 a year. 3723's AED 128,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 May 20263,250,000
26 Feb 20263,250,000
15 Oct 20254,850,000
29 Sep 20253,200,000
2 3-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
37081-bedAED 1.65M · Apr 2015
1–7 of 19

3723, Laguna Tower in numbers

  • Sold twice: first on 19 April 2011 for AED 2,000,000, last on 31 May 2023 for AED 1,987,500 (AED 1,004 per sqft).
  • Rented since January 2020 on one Ejari contract, at AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2023 price is 6.4%.
  • Three-beds in Laguna Tower sold for AED 3,250,000–3,250,000 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 31 May 2023.

Questions about 3723, Laguna Tower

What did unit 3723 last sell for?

AED 1,987,500 on 31 May 2023: AED 1,004 per sqft for 1,978 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in April 2011.

What is the rent for unit 3723?

AED 128,000 a year on the contract signed on 25 January 2020.

How big is unit 3723?

1,978 sqft (183.8 sqm): a three-bedroom apartment on the 37th floor of a 41-storey tower completed in 2012.

What is unit 3723 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Laguna Tower sold for AED 3,250,000 to 3,250,000 in the last 12 months, around AED 1,343 per sqft.

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Mortgage on 3723, Laguna Tower

Starts from the last sale price (AED 1.99M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,987,500
Deposit, UAE resident (20%)
AED 397,500
Deposit, non-resident (40%)
AED 795,000
Monthly over 25 years at 3.7%
AED 8,131

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