1609, Lake View Tower
Sold prices and rental history: sold twice, last in November 2022, 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 1609, Lake View Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 13 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 16th of 36
- Parking
- P1-19
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 14,900 /yr
- Last sold
- AED 750K · November 2022
- Building
- Lake View Tower
About 1609, Lake View Tower
1609 is a one-bedroom apartment of 831 sqft on the 16th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 15 November 2022 for AED 750,000, or AED 902 per sqft, 19% above the AED 756 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 13 April 2025, is AED 80,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1609 over time
1609 has sold twice; 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 1609 sits
All 183 1-beds →1609 last sold in November 2022 at AED 902 per sqft, 19% above what one-beds in Lake View Tower were fetching at the time (AED 756). 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. 1609's AED 80,000 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 16th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 855 sqft | AED 551KAED 551,000 · Dec 2009December 2009 | 74,970 /yr | |
| 1602 | Studio | 415 sqft | AED 580KAED 580,000 · May 2023May 2023 | 50,000 /yr | |
| 1603 | 1-bed | 831 sqft | AED 715KAED 715,000 · Nov 2009November 2009 | 70,000 /yr | |
| 1604 | 1-bed | 811 sqft | AED 665KAED 665,000 · Jul 2009July 2009 | 75,000 /yr | |
| 1605 | 1-bed | 1,420 sqft | AED 1.75MAED 1,750,000 · Sep 2024September 2024 | 135,000 /yr | |
| 1606 | 2-bed | 1,460 sqft | AED 985KAED 985,000 · Oct 2012October 2012 | 120,000 /yr | |
| 1607 | 2-bed | 1,460 sqft | AED 1.1MAED 1,096,000 · Mar 2012March 2012 | 118,000 /yr | |
| 1608 | 1-bed | 1,420 sqft | AED 1.13MAED 1,125,000 · Dec 2013December 2013 | ||
| 1610 | 1-bed | 831 sqft | AED 1.04MAED 1,040,000 · Feb 2026February 2026 | 75,308 /yr | |
| 1611 | Studio | 415 sqft | AED 359KAED 359,000 · Mar 2013March 2013 | 48,500 /yr | |
| 1612 | 1-bed | 855 sqft | AED 400KAED 400,000 · Feb 2021February 2021 | 70,000 /yr |
1609, Lake View Tower in numbers
- Sold twice: first on 7 January 2010 for AED 665,000, last on 15 November 2022 for AED 750,000 (AED 902 per sqft).
- Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 80,000 by April 2025.
- At AED 80,000 a year the gross yield on the 2022 price is 10.7%, 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 13 April 2025.
Questions about 1609, Lake View Tower
What did unit 1609 last sell for?
AED 750,000 on 15 November 2022: AED 902 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 665,000 in January 2010.
What is the rent for unit 1609?
AED 80,000 a year on the contract renewed on 13 April 2025. The previous contract, from April 2025, was AED 80,000; the unit has been rented since October 2013.
How big is unit 1609?
831 sqft (77.2 sqm): a one-bedroom apartment on the 16th floor of a 36-storey tower completed in 2009.
What is unit 1609 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 1609, Lake View Tower
Starts from the last sale price (AED 750K, 15 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →