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1-bed · 1,263 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 37th floor · completed 2012

3724, Laguna Tower

Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3724 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.34M5 February 2024
Current rentAED 76K /yr3 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3724, Laguna Tower

What is 3724 worth today?

Last sold for AED 1,340,000 in 2024

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5 Feb 2024SoldReady
AED 1,340,000AED 1,060 per sqft
3 Sep 2022RentedNew contract
AED 76,000/yr12 months · AED 60 per sqft
14 Apr 2021SoldReady
AED 875,000AED 692 per sqft
13 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
21 Jul 2020SoldReady
AED 680,000AED 538 per sqft
30 Jun 2019RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
10 May 2015RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
17 Apr 2013SoldOff-plan
AED 1,280,000AED 1,013 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
1-bed apartment
Size
1,263 sqft
Floor
37th of 41
Parking
DMCC-3025
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 1.34M · February 2024
Building
Laguna Tower

About 3724, Laguna Tower

3724 is a one-bedroom apartment of 1,263 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 5 February 2024 for AED 1,340,000, or AED 1,060 per sqft, 4% above the AED 1,024 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 3 September 2022, is AED 76,000 a year: a gross yield of 5.7% on the 2024 price.

Sales and rents for 3724 over time

Sales
Unit 3724, 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, August 2012: AED 1,100,000 (AED 870 per sqft)Sold, April 2013: AED 1,280,000 (AED 1,013 per sqft)Sold, July 2020: AED 680,000 (AED 538 per sqft)Sold, April 2021: AED 875,000 (AED 692 per sqft)Sold, February 2024: AED 1,340,000 (AED 1,060 per sqft)

3724 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3724, 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, May 2015: AED 135,000 a yearNew contract, June 2019: AED 90,000 a yearNew contract, August 2020: AED 65,000 a yearNew contract, September 2022: AED 76,000 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 3724 sits

All 210 1-beds →

3724 last sold in February 2024 at AED 1,060 per sqft, 4% above what one-beds in Laguna Tower were fetching at the time (AED 1,024). 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. 3724's AED 76,000 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 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

3724, Laguna Tower in numbers

  • Sold 5 times: first on 26 August 2012 for AED 1,100,000, last on 5 February 2024 for AED 1,340,000 (AED 1,060 per sqft).
  • Rented since May 2015 on 4 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2020 and recovered to AED 76,000 by September 2022.
  • At AED 76,000 a year the gross yield on the 2024 price is 5.7%.
  • 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 February 2024.

Questions about 3724, Laguna Tower

What did unit 3724 last sell for?

AED 1,340,000 on 5 February 2024: AED 1,060 per sqft for 1,263 sqft. The unit has 5 registered sales; the first was AED 1,100,000 in August 2012.

What is the rent for unit 3724?

AED 76,000 a year on the contract signed on 3 September 2022. The previous contract, from August 2020, was AED 65,000; the unit has been rented since May 2015.

How big is unit 3724?

1,263 sqft (117.3 sqm): a one-bedroom apartment on the 37th floor of a 41-storey tower completed in 2012.

What is unit 3724 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 3724, Laguna Tower

Starts from the last sale price (AED 1.34M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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