1408, Lake View Tower
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Lake View Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 22 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,457 sqft
- Floor
- 14th of 36
- Parking
- P1-21
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 26,200 /yr
- Last sold
- AED 1.78M · July 2025
- Building
- Lake View Tower
About 1408, Lake View Tower
1408 is a two-bedroom apartment of 1,457 sqft on the 14th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 22 July 2025 for AED 1,780,000, or AED 1,221 per sqft, 3% above the AED 1,182 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 28 October 2024, is AED 86,900 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 26,200 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1408 sits
All 70 2-beds →1408 last sold in July 2025 at AED 1,221 per sqft, 3% above what two-beds in Lake View Tower were fetching at the time (AED 1,182). 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. 1408's AED 86,900 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,460 sqft | 1,840,000 | 1,260 | ||
| 14 Nov 202514 November 2025 | 1,381 sqft | 1,800,000 | 1,303 | ||
| 13 Nov 202513 November 2025 | 1,543 sqft | 1,780,000 | 1,153 | ||
| 18 Sep 202518 September 2025 | 1,538 sqft | 1,800,000 | 1,170 |
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 14th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 855 sqft | AED 1MAED 1,000,000 · Aug 2016August 2016 | 82,000 /yr | |
| 1402 | Studio | 397 sqft | AED 426KAED 426,000 · Apr 2009April 2009 | 50,000 /yr | |
| 1403 | 1-bed | 831 sqft | AED 1.58MAED 1,580,000 · May 2011May 2011 | 65,000 /yr | |
| 1404 | 1-bed | 811 sqft | AED 1.48MAED 1,475,100 · Jul 2009July 2009 | 85,000 /yr | |
| 1406 | 1-bed | 1,416 sqft | AED 650KAED 650,000 · Jul 2017July 2017 | 87,000 /yr | |
| 1407 | 2-bed | 1,457 sqft | AED 1.23MAED 1,230,000 · May 2023May 2023 | 78,540 /yr | |
| 1409 | 1-bed | 1,416 sqft | AED 1.68MAED 1,680,000 · Dec 2023December 2023 | 107,500 /yr | |
| 1411 | 1-bed | 831 sqft | AED 515KAED 515,000 · Aug 2010August 2010 | 65,752 /yr | |
| 1412 | 1-bed | 811 sqft | AED 565KAED 565,000 · Jul 2009July 2009 | 87,500 /yr | |
| 1413 | Studio | 415 sqft | AED 510KAED 510,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1414 | 1-bed | 855 sqft | AED 542KAED 542,000 · Jan 2012January 2012 | 96,000 /yr |
1408, Lake View Tower in numbers
- Sold 3 times: first on 29 December 2009 for AED 1,104,000, last on 22 July 2025 for AED 1,780,000 (AED 1,221 per sqft).
- Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 86,900 by October 2024.
- At AED 86,900 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 26,200 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 22 July 2025.
Questions about 1408, Lake View Tower
What did unit 1408 last sell for?
AED 1,780,000 on 22 July 2025: AED 1,221 per sqft for 1,457 sqft. The unit has 3 registered sales; the first was AED 1,104,000 in December 2009.
What is the rent for unit 1408?
AED 86,900 a year on the contract renewed on 28 October 2024. The previous contract, from October 2023, was AED 79,000; the unit has been rented since December 2018.
How big is unit 1408?
1,457 sqft (135.4 sqm): a two-bedroom apartment on the 14th floor of a 36-storey tower completed in 2009.
What is unit 1408 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 1408, Lake View Tower
Starts from the last sale price (AED 1.78M, 22 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,000
- Deposit, UAE resident (20%)
- AED 356,000
- Deposit, non-resident (40%)
- AED 712,000
- Monthly over 25 years at 3.7%
- AED 7,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →