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1-bed · 951 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 39th floor · completed 2012

3908, Laguna Tower

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3908 · DLD and Ejari recordsUpdated 23 September 2023
Last soldAED 975K30 May 2023
Current rentAED 110K /yr23 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3908, Laguna Tower

What is 3908 worth today?

Last sold for AED 975,000 in 2023

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23 Sep 2023RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
30 May 2023SoldReady
AED 975,000AED 1,024 per sqft
25 May 2022RentedNew contract
AED 72,000/yr12 months · AED 76 per sqft
15 May 2021RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
1 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
11 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
28 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
22 Sep 2018RentedNew contract
AED 78,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 23 September 2023.

Key facts

Type
1-bed apartment
Size
951 sqft
Floor
39th of 41
Parking
DMCC-3063
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 975K · May 2023
Building
Laguna Tower

About 3908, Laguna Tower

3908 is a one-bedroom apartment of 951 sqft on the 39th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 30 May 2023 for AED 975,000, or AED 1,024 per sqft, 14% above the AED 901 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 23 September 2023, is AED 110,000 a year: a gross yield of 11.3% on the 2023 price.

Sales and rents for 3908 over time

Sales
Unit 3908, 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 2013: AED 1,350,000 (AED 1,419 per sqft)Sold, May 2023: AED 975,000 (AED 1,024 per sqft)

3908 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3908, 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, June 2016: AED 90,000 a yearNew contract, September 2018: AED 78,000 a yearNew contract, October 2019: AED 70,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, April 2021: AED 100,000 a yearNew contract, May 2021: AED 100,000 a yearNew contract, May 2022: AED 72,000 a yearNew contract, September 2023: AED 110,000 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 3908 sits

All 210 1-beds →

3908 last sold in May 2023 at AED 1,024 per sqft, 14% above what one-beds in Laguna Tower were fetching at the time (AED 901). 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. 3908's AED 110,000 is in the upper 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 39th floor

All 473 units in Laguna Tower
Value
39011-bedAED 1.31M · Oct 2017
39021-bedAED 975K · Jul 2019
39033-bedAED 3.1M · Apr 2015
39051-bedAED 900K · Jan 2020
39061-bedAED 1.65M · Jun 2013
39071-bedAED 1.1M · Aug 2022
39103-bedAED 2.33M · Apr 2022
1–7 of 19

3908, Laguna Tower in numbers

  • Sold twice: first on 25 June 2013 for AED 1,350,000, last on 30 May 2023 for AED 975,000 (AED 1,024 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 110,000 by September 2023.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.3%.
  • 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 23 September 2023.

Questions about 3908, Laguna Tower

What did unit 3908 last sell for?

AED 975,000 on 30 May 2023: AED 1,024 per sqft for 951 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in June 2013.

What is the rent for unit 3908?

AED 110,000 a year on the contract signed on 23 September 2023. The previous contract, from May 2022, was AED 72,000; the unit has been rented since June 2016.

How big is unit 3908?

951 sqft (88.4 sqm): a one-bedroom apartment on the 39th floor of a 41-storey tower completed in 2012.

What is unit 3908 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 3908, Laguna Tower

Starts from the last sale price (AED 975K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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