1803, Lake View Tower
Sold prices and rental history: sold 5 times, last in May 2023, 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 1803, Lake View Tower
What is 1803 worth today?
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Source: Dubai Land Department. Updated 29 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 18th of 36
- Parking
- DMCC -2132
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 613K · May 2023
- Building
- Lake View Tower
About 1803, Lake View Tower
1803 is a studio of 415 sqft on the 18th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 29 May 2023 for AED 613,000, or AED 1,477 per sqft, 25% above the AED 1,177 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 29 May 2023, is AED 33,596 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1803 over time
1803 has sold 5 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 1803 sits
All 244 studios →1803 last sold in May 2023 at AED 1,477 per sqft, 25% above what studios in Lake View Tower were fetching at the time (AED 1,177). 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. 1803's AED 33,596 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 18th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 855 sqft | AED 930KAED 930,000 · May 2016May 2016 | 73,859 /yr | |
| 1804 | Studio | 420 sqft | AED 375KAED 375,000 · Mar 2012March 2012 | 47,867 /yr | |
| 1805 | Studio | 420 sqft | AED 359KAED 359,000 · Oct 2009October 2009 | 45,000 /yr | |
| 1806 | Studio | 420 sqft | AED 898KAED 898,000 · Feb 2026February 2026 | 70,000 /yr | |
| 1807 | Studio | 420 sqft | AED 293KAED 292,891 · Feb 2011February 2011 | 64,000 /yr | |
| 1808 | 1-bed | 1,419 sqft | AED 1.62MAED 1,620,000 · Aug 2025August 2025 | 105,000 /yr | |
| 1809 | 2-bed | 1,560 sqft | AED 1.63MAED 1,630,000 · Jul 2024July 2024 | 125,000 /yr | |
| 1810 | 2-bed | 1,560 sqft | AED 1.05MAED 1,052,000 · Sep 2013September 2013 | 88,338 /yr | |
| 1811 | 1-bed | 1,419 sqft | AED 1.5MAED 1,500,000 · May 2024May 2024 | 82,000 /yr | |
| 1812 | Studio | 420 sqft | AED 359KAED 359,000 · Mar 2010March 2010 | 55,000 /yr | |
| 1813 | Studio | 420 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 26,000 /yr | |
| 1814 | Studio | 397 sqft | AED 359KAED 359,000 · Apr 2010April 2010 | 50,478 /yr | |
| 1815 | Studio | 420 sqft | AED 765KAED 765,000 · Jan 2015January 2015 | 38,850 /yr | |
| 1816 | Studio | 415 sqft | AED 600KAED 600,000 · May 2023May 2023 | 62,000 /yr | |
| 1818 | 1-bed | 855 sqft | AED 551KAED 551,000 · Aug 2010August 2010 | 75,000 /yr |
1803, Lake View Tower in numbers
- Sold 5 times: first on 18 August 2011 for AED 359,000, last on 29 May 2023 for AED 613,000 (AED 1,477 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 33,596 by May 2023.
- At AED 33,596 a year the gross yield on the 2023 price is 5.5%, 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 29 May 2023.
Questions about 1803, Lake View Tower
What did unit 1803 last sell for?
AED 613,000 on 29 May 2023: AED 1,477 per sqft for 415 sqft. The unit has 5 registered sales; the first was AED 359,000 in August 2011.
What is the rent for unit 1803?
AED 33,596 a year on the contract signed on 29 May 2023. The previous contract, from September 2022, was AED 33,600; the unit has been rented since September 2013.
How big is unit 1803?
415 sqft (38.6 sqm): a studio on the 18th floor of a 36-storey tower completed in 2009.
What is unit 1803 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 1803, Lake View Tower
Starts from the last sale price (AED 613K, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 613,000
- Deposit, UAE resident (20%)
- AED 122,600
- Deposit, non-resident (40%)
- AED 245,200
- Monthly over 25 years at 3.7%
- AED 2,508
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →