1202, Lake View Tower
Sold prices and rental history: sold 3 times, last in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Lake View Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 14 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 12th of 36
- Parking
- DMCC-3066
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 700K · September 2015
- Building
- Lake View Tower
About 1202, Lake View Tower
1202 is a studio of 415 sqft on the 12th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 13 September 2015 for AED 700,000, or AED 1,686 per sqft, in line with the AED 1,688 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 14 March 2026, is AED 60,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1202 over time
1202 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 1202 sits
All 244 studios →1202 last sold in September 2015 at AED 1,686 per sqft, in line with what studios in Lake View Tower were fetching at the time (AED 1,688). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,619 per sqft, and rent for AED 30,000 to 105,000 a year. 1202's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 420 sqft | 650,000 | 1,547 | ||
| 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 |
Lake View Tower
Building497 apartments, studios to 2-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2009 by DAMAC. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,321 Down 7.8%
- Typical sale
- AED 1.07M
- Typical rent
- AED 62K /yr
- Typical yield
- 8.6%
Other units on the 12th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 855 sqft | AED 1.26MAED 1,256,069 · Jun 2024June 2024 | 93,000 /yr | |
| 1203 | 1-bed | 831 sqft | AED 515KAED 515,000 · Mar 2010March 2010 | 60,000 /yr | |
| 1204 | 1-bed | 831 sqft | AED 325KAED 325,000 · Aug 2012August 2012 | 70,909 /yr | |
| 1205 | 1-bed | 1,409 sqft | AED 2MAED 2,000,000 · Mar 2026March 2026 | 115,000 /yr | |
| 1206 | 2-bed | 1,453 sqft | AED 1.07MAED 1,068,000 · Jul 2009July 2009 | 125,000 /yr | |
| 1207 | 2-bed | 1,453 sqft | AED 1.07MAED 1,068,000 · Dec 2011December 2011 | 120,000 /yr | |
| 1208 | 1-bed | 1,409 sqft | AED 1.46MAED 1,460,000 · Sep 2025September 2025 | 50,000 /yr | |
| 1209 | 1-bed | 831 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 77,000 /yr | |
| 1210 | 1-bed | 811 sqft | AED 555KAED 555,000 · Jun 2009June 2009 | 85,000 /yr | |
| 1211 | Studio | 397 sqft | AED 426KAED 426,000 · Jul 2009July 2009 | 68,000 /yr | |
| 1212 | 1-bed | 855 sqft | AED 650KAED 650,000 · Oct 2009October 2009 | 70,000 /yr |
1202, Lake View Tower in numbers
- Sold 3 times: first on 2 May 2010 for AED 736,200, last on 13 September 2015 for AED 700,000 (AED 1,686 per sqft).
- Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2020 and recovered to AED 60,000 by March 2026.
- At AED 60,000 a year the gross yield on the 2015 price is 8.6%, 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 1,321 per sqft.
Source: Dubai Land Department. Updated 14 March 2026.
Questions about 1202, Lake View Tower
What did unit 1202 last sell for?
AED 700,000 on 13 September 2015: AED 1,686 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 736,200 in May 2010.
What is the rent for unit 1202?
AED 60,000 a year on the contract signed on 14 March 2026. The previous contract, from March 2023, was AED 52,000; the unit has been rented since July 2014.
How big is unit 1202?
415 sqft (38.6 sqm): a studio on the 12th floor of a 36-storey tower completed in 2009.
What is unit 1202 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 1,619 per sqft.
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Mortgage on 1202, Lake View Tower
Starts from the last sale price (AED 700K, 13 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →