1002, Lake View Tower
Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Lake View Tower
What is 1002 worth today?
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Source: Dubai Land Department. Updated 29 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 10th of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 475K · March 2013
- Building
- Lake View Tower
About 1002, Lake View Tower
1002 is a studio of 415 sqft on the 10th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 4 March 2013 for AED 475,000, or AED 1,144 per sqft, 19% above the AED 958 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 29 September 2025, is AED 62,000 a year: a gross yield of 13.1% on the 2013 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Lake View Tower, and where 1002 sits
All 244 studios →1002 last sold in March 2013 at AED 1,144 per sqft, 19% above what studios in Lake View Tower were fetching at the time (AED 958). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,687 per sqft, and rent for AED 30,000 to 105,000 a year. 1002's AED 62,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 420 sqft | 675,000 | 1,607 | ||
| 16 Apr 202616 April 2026 | 420 sqft | 680,000 | 1,619 | ||
| 16 Feb 202616 February 2026 | 420 sqft | 650,000 | 1,547 | ||
| 10 Feb 202610 February 2026 | 420 sqft | 898,000 | 2,138 |
Lake View Tower
Building497 apartments, studios to 2-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2009 by DAMAC. 25 sold in the last 12 months.
- Typical price per sqft
- AED 1,303 Down 9.0%
- Typical sale
- AED 1.07M
- Typical rent
- AED 62K /yr
- Typical yield
- 8.7%
Other units on the 10th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 855 sqft | AED 1.15MAED 1,145,000 · Jul 2025July 2025 | 84,000 /yr | |
| 1003 | 1-bed | 831 sqft | AED 1.19MAED 1,190,000 · Jul 2025July 2025 | 95,000 /yr | |
| 1004 | 1-bed | 831 sqft | AED 980KAED 980,000 · Aug 2017August 2017 | 73,000 /yr | |
| 1006 | 1-bed | 1,400 sqft | AED 855KAED 855,000 · Oct 2013October 2013 | ||
| 1007 | 2-bed | 1,449 sqft | AED 1.15MAED 1,150,000 · Dec 2012December 2012 | 120,000 /yr | |
| 1008 | 2-bed | 1,449 sqft | AED 1.78MAED 1,775,000 · Mar 2025March 2025 | 70,000 /yr | |
| 1009 | 1-bed | 1,400 sqft | AED 905KAED 905,000 · Jun 2010June 2010 | 77,000 /yr | |
| 1011 | 1-bed | 831 sqft | AED 900KAED 900,000 · May 2023May 2023 | 54,000 /yr | |
| 1012 | 1-bed | 811 sqft | AED 465KAED 465,000 · Jul 2009July 2009 | ||
| 1013 | Studio | 415 sqft | AED 665KAED 665,000 · Aug 2016August 2016 | 70,000 /yr | |
| 1014 | 1-bed | 855 sqft | AED 950KAED 950,000 · Aug 2013August 2013 | 52,272 /yr |
1002, Lake View Tower in numbers
- Sold 3 times: first on 12 November 2009 for AED 350,000, last on 4 March 2013 for AED 475,000 (AED 1,144 per sqft).
- Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2020 and recovered to AED 62,000 by September 2025.
- At AED 62,000 a year the gross yield on the 2013 price is 13.1%, before a service charge of about AED 7,500 a year (AED 17.97 per sqft).
- Studios in Lake View Tower sold for AED 615,000–898,000 in the 12 months to November 2026; the building's median across all types is AED 1,303 per sqft.
Source: Dubai Land Department. Updated 29 September 2025.
Questions about 1002, Lake View Tower
What did unit 1002 last sell for?
AED 475,000 on 4 March 2013: AED 1,144 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 350,000 in November 2009.
What is the rent for unit 1002?
AED 62,000 a year on the contract signed on 29 September 2025. The previous contract, from June 2024, was AED 56,000; the unit has been rented since October 2013.
How big is unit 1002?
415 sqft (38.6 sqm): a studio on the 10th floor of a 36-storey tower completed in 2009.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lake View Tower sold for AED 615,000 to 898,000 in the last 12 months, around AED 1,687 per sqft.
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Mortgage on 1002, Lake View Tower
Starts from the last sale price (AED 475K, 4 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →