2-bed · 1,453 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2009

1206, Lake View Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 1.07M8 July 2009
Current rentAED 125K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Lake View Tower

What is 1206 worth today?

Last sold for AED 1,068,000 in 2009

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25 Aug 2026RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
25 Aug 2025RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
10 Aug 2024RentedRenewal
AED 113,000/yr12 months · AED 78 per sqft
10 Aug 2023RentedNew contract
AED 113,000/yr12 months · AED 78 per sqft
15 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
14 Aug 2020RentedNew contract
AED 67,000/yr12 months · AED 46 per sqft
14 Aug 2019RentedNew contract
AED 78,000/yr12 months · AED 54 per sqft
15 Jan 2018RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
2-bed apartment
Size
1,453 sqft
Floor
12th of 36
Parking
P3-24
Developer
DAMAC
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.07M · July 2009

About 1206, Lake View Tower

1206 is a two-bedroom apartment of 1,453 sqft on the 12th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 8 July 2009 for AED 1,068,000, or AED 735 per sqft, in line with the AED 735 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 125,000 a year: a gross yield of 11.7% on the 2009 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Lake View Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,080,000; 2010 AED 1,082,000; 2011 AED 1,125,500; 2012 AED 1,056,000; 2013 AED 1,138,000; 2014 AED 1,650,000; 2015 AED 1,630,000; 2016 AED 1,400,000; 2017 AED 1,350,000; 2018 AED 1,048,306; 2019 AED 1,220,000; 2020 AED 935,000; 2021 AED 975,000; 2022 AED 1,000,000; 2023 AED 1,220,000; 2024 AED 1,619,950; 2025 AED 1,780,000Sold by developer, July 2009: AED 1,068,000 (AED 735 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Lake View Tower
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 119,084; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 69,000; 2021 AED 67,750; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 118,000New contract, May 2013: AED 100,000 a yearNew contract, May 2014: AED 100,000 a yearNew contract, January 2018: AED 105,000 a yearNew contract, August 2019: AED 78,000 a yearNew contract, August 2020: AED 67,000 a yearNew contract, September 2021: AED 70,000 a yearNew contract, August 2023: AED 113,000 a yearRenewal, August 2024: AED 113,000 a yearNew contract, August 2025: AED 125,000 a yearRenewal, August 2026: AED 125,000 a year

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

2-beds in Lake View Tower, and where 1206 sits

All 70 2-beds →

1206 last sold in July 2009 at AED 735 per sqft, in line with what two-beds in Lake View Tower were fetching at the time (AED 735). Over the last 12 months two-beds sold for AED 1,780,000 to 1,840,000, around AED 1,260 per sqft, and rent for AED 85,000 to 140,000 a year. 1206's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,840,000
14 Nov 20251,800,000
13 Nov 20251,780,000
18 Sep 20251,800,000
3 2-bed sales in the last 12 months

Lake View Tower

Building

497 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%
Lake View Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 12th floor

All 497 units in Lake View Tower
Value
12011-bedAED 1.26M · Jun 2024
1202StudioAED 700K · Sep 2015
12031-bedAED 515K · Mar 2010
12041-bedAED 325K · Aug 2012
12051-bedAED 2M · Mar 2026
12072-bedAED 1.07M · Dec 2011
12081-bedAED 1.46M · Sep 2025
1–7 of 11

1206, Lake View Tower in numbers

  • Sold once: by DAMAC on 8 July 2009 for AED 1,068,000, or AED 735 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 67,000 in 2020 and recovered to AED 125,000 by August 2026.
  • At AED 125,000 a year the gross yield on the 2009 price is 11.7%, before a service charge of about AED 26,100 a year (AED 17.97 per sqft).
  • Two-beds in Lake View Tower sold for AED 1,780,000–1,840,000 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 25 August 2026.

Questions about 1206, Lake View Tower

What did unit 1206 last sell for?

AED 1,068,000 on 8 July 2009, sold by the developer: AED 735 per sqft for 1,453 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 125,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 125,000; the unit has been rented since May 2013.

How big is unit 1206?

1,453 sqft (135.0 sqm): a two-bedroom apartment on the 12th floor of a 36-storey tower completed in 2009.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lake View Tower sold for AED 1,780,000 to 1,840,000 in the last 12 months, around AED 1,260 per sqft.

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Mortgage on 1206, Lake View Tower

Starts from the last sale price (AED 1.07M, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,068,000
Deposit, UAE resident (20%)
AED 213,600
Deposit, non-resident (40%)
AED 427,200
Monthly over 25 years at 3.7%
AED 4,370

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