Studio · 364 sqftLaguna Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2012

407, Laguna Tower

Sold prices and rental history: sold twice, last in January 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 January 2014
Last soldAED 540K15 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Laguna Tower

What is 407 worth today?

Last sold for AED 540,000 in 2014

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15 Jan 2014SoldOff-plan
AED 540,000AED 1,485 per sqft
7 Jun 2009Sold by developerOff-plan
AED 540,000AED 1,485 per sqft

Source: Dubai Land Department. Updated 15 January 2014.

Key facts

Type
Studio hotel apartment
Size
364 sqft
Floor
4th of 41
Parking
(EU)
Developer
Laguna Tower Residence
Completed
2012
Last sold
AED 540K · January 2014
Building
Laguna Tower

About 407, Laguna Tower

407 is a studio of 364 sqft on the 4th floor of Laguna Tower, a 41-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Laguna Tower Residence. It last sold on 15 January 2014 for AED 540,000, or AED 1,485 per sqft, 4% above the AED 1,430 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Laguna Tower
400K600K2009201420192024Typical sale price by year: 2009 AED 565,250; 2010 AED 595,000; 2011 AED 500,000; 2013 AED 615,000; 2014 AED 700,000; 2015 AED 695,000; 2016 AED 585,000; 2017 AED 650,000; 2018 AED 517,500; 2020 AED 435,000; 2021 AED 350,000; 2022 AED 519,000; 2023 AED 637,540; 2024 AED 325,000; 2025 AED 710,000; 2026 AED 393,429Sold by developer, June 2009: AED 540,000 (AED 1,485 per sqft)Sold, January 2014: AED 540,000 (AED 1,485 per sqft)

407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Laguna Tower
40K60K20152018202120242027Typical rent by year: 2015 AED 66,500; 2016 AED 65,500; 2017 AED 66,000; 2018 AED 59,000; 2019 AED 47,000; 2020 AED 37,999; 2021 AED 37,000; 2022 AED 44,000; 2023 AED 48,000; 2024 AED 65,000; 2025 AED 66,000; 2026 AED 66,500

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

Studios in Laguna Tower, and where 407 sits

All 168 studios →

407 last sold in January 2014 at AED 1,485 per sqft, 4% above what studios in Laguna Tower were fetching at the time (AED 1,430). Over the last 12 months studios sold for AED 391,351 to 543,815, around AED 1,082 per sqft, and rent for AED 48,510 to 110,000 a year.

Recent studio salesUnit no.Price (AED)Summary
22 May 2026391,351
10 Feb 2026393,428
10 Feb 2026543,815
10 Feb 2026393,429
6 studio 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 4th floor

All 473 units in Laguna Tower
Value
401StudioAED 865K · Jun 2009
402StudioAED 640K · Aug 2013
4031-bedAED 635K · May 2026
404StudioAED 585K · Jun 2009
406StudioAED 540K · Jun 2009
408StudioAED 540K · Jun 2009
409StudioAED 585K · Jun 2009
1–7 of 21

407, Laguna Tower in numbers

  • Sold twice: first on 7 June 2009 for AED 540,000, last on 15 January 2014 for AED 540,000 (AED 1,485 per sqft).
  • Studios in Laguna Tower sold for AED 391,351–543,815 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 15 January 2014.

Questions about 407, Laguna Tower

What did unit 407 last sell for?

AED 540,000 on 15 January 2014: AED 1,485 per sqft for 364 sqft. The unit has 2 registered sales; the first was AED 540,000 in June 2009.

How big is unit 407?

364 sqft (33.8 sqm): a studio on the 4th floor of a 41-storey tower completed in 2012.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Laguna Tower sold for AED 391,351 to 543,815 in the last 12 months, around AED 1,082 per sqft.

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Mortgage on 407, Laguna Tower

Starts from the last sale price (AED 540K, 15 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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