1504, Lake View Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Lake View Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 24 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 15th of 36
- Parking
- P1-24
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.1M · November 2024
- Building
- Lake View Tower
About 1504, Lake View Tower
1504 is a one-bedroom apartment of 831 sqft on the 15th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 20 November 2024 for AED 1,100,000, or AED 1,323 per sqft, 15% above the AED 1,148 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 24 December 2024, is AED 85,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1504 over time
1504 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lake View Tower, and where 1504 sits
All 183 1-beds →1504 last sold in November 2024 at AED 1,323 per sqft, 15% above what one-beds in Lake View Tower were fetching at the time (AED 1,148). Over the last 12 months one-beds sold for AED 975,000 to 2,000,000, around AED 1,251 per sqft, and rent for AED 55,000 to 240,000 a year. 1504's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20265 November 2026 | 855 sqft | 1,130,000 | 1,321 | ||
| 2 Nov 20262 November 2026 | 831 sqft | 1,300,000 | 1,564 | ||
| 22 Oct 202622 October 2026 | 831 sqft | 1,200,000 | 1,444 | ||
| 1 Jul 20261 July 2026 | 855 sqft | 1,200,000 | 1,403 |
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 15th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 855 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 80,000 /yr | |
| 1502 | Studio | 415 sqft | AED 355KAED 355,000 · Aug 2012August 2012 | 77,000 /yr | |
| 1503 | 1-bed | 831 sqft | AED 565KAED 565,000 · Nov 2012November 2012 | 67,000 /yr | |
| 1505 | 1-bed | 1,420 sqft | AED 537KAED 537,000 · Jun 2010June 2010 | 88,000 /yr | |
| 1506 | 2-bed | 1,460 sqft | AED 1.08MAED 1,077,000 · Nov 2009November 2009 | 125,000 /yr | |
| 1507 | 2-bed | 1,460 sqft | AED 1.84MAED 1,840,000 · Apr 2026April 2026 | 125,000 /yr | |
| 1508 | 1-bed | 1,420 sqft | AED 837KAED 837,000 · Jun 2010June 2010 | 78,120 /yr | |
| 1509 | 1-bed | 831 sqft | AED 1.03MAED 1,030,000 · Apr 2015April 2015 | 68,000 /yr | |
| 1510 | 1-bed | 831 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 95,000 /yr | |
| 1511 | Studio | 415 sqft | AED 313KAED 313,184 · Dec 2020December 2020 | 59,600 /yr | |
| 1512 | 1-bed | 855 sqft | AED 1.14MAED 1,140,000 · Jan 2024January 2024 | 90,000 /yr |
1504, Lake View Tower in numbers
- Sold 3 times: first on 30 December 2009 for AED 515,000, last on 20 November 2024 for AED 1,100,000 (AED 1,323 per sqft).
- Rented since December 2023 on 2 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 14,900 a year (AED 17.97 per sqft).
- One-beds in Lake View Tower sold for AED 975,000–2,000,000 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 24 December 2024.
Questions about 1504, Lake View Tower
What did unit 1504 last sell for?
AED 1,100,000 on 20 November 2024: AED 1,323 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 515,000 in December 2009.
What is the rent for unit 1504?
AED 85,000 a year on the contract signed on 24 December 2024. The previous contract, from December 2023, was AED 85,000.
How big is unit 1504?
831 sqft (77.2 sqm): a one-bedroom apartment on the 15th floor of a 36-storey tower completed in 2009.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lake View Tower sold for AED 975,000 to 2,000,000 in the last 12 months, around AED 1,251 per sqft.
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Mortgage on 1504, Lake View Tower
Starts from the last sale price (AED 1.1M, 20 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →