Studio · 420 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2009

1904, Lake View Tower

Sold prices and rental history: sold 4 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1904 · DLD and Ejari recordsUpdated 25 September 2022
Last soldAED 450K25 July 2022
Current rentAED 33K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Lake View Tower

What is 1904 worth today?

Last sold for AED 450,000 in 2022

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25 Sep 2022RentedRenewal
AED 33,400/yr12 months · AED 80 per sqft
25 Jul 2022SoldReady
AED 450,000AED 1,071 per sqft
25 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 67 per sqft
25 Oct 2020RentedNew contract
AED 27,000/yr12 months · AED 64 per sqft
17 Apr 2019RentedRenewal
AED 49,000/yr12 months · AED 117 per sqft
17 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
6 Mar 2016RentedRenewal
AED 75,000/yr12 months · AED 179 per sqft
6 Mar 2015RentedNew contract
AED 75,000/yr12 months · AED 179 per sqft

Source: Dubai Land Department. Updated 25 September 2022.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
19th of 36
Parking
DMCC-3012
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 450K · July 2022

About 1904, Lake View Tower

1904 is a studio of 420 sqft on the 19th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 25 July 2022 for AED 450,000, or AED 1,071 per sqft, in line with the AED 1,065 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 25 September 2022, is AED 33,400 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1904 over time

Sales
Unit 1904, each saleTypical studio in Lake View Tower
400K600K800K2009201420192024Typical sale price by year: 2009 AED 359,000; 2010 AED 335,000; 2011 AED 315,000; 2012 AED 390,000; 2013 AED 485,000; 2014 AED 700,000; 2015 AED 705,000; 2016 AED 650,000; 2017 AED 665,000; 2018 AED 688,000; 2019 AED 450,000; 2020 AED 410,000; 2021 AED 420,000; 2022 AED 450,000; 2023 AED 580,000; 2024 AED 665,000; 2025 AED 750,000; 2026 AED 680,000Sold by developer, May 2013: AED 359,000 (AED 854 per sqft)Sold, July 2013: AED 585,000 (AED 1,392 per sqft)Sold, February 2014: AED 745,000 (AED 1,773 per sqft)Sold, July 2022: AED 450,000 (AED 1,071 per sqft)

1904 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1904, each contractTypical studio in Lake View Tower
25K50K75K2012201620202024Typical rent by year: 2012 AED 39,000; 2013 AED 48,000; 2014 AED 60,000; 2015 AED 61,500; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 56,000; 2026 AED 55,000New contract, March 2015: AED 75,000 a yearRenewal, March 2016: AED 75,000 a yearNew contract, April 2018: AED 52,000 a yearRenewal, April 2019: AED 49,000 a yearNew contract, October 2020: AED 27,000 a yearNew contract, September 2021: AED 28,000 a yearRenewal, September 2022: AED 33,400 a year

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 1904 sits

All 244 studios →

1904 last sold in July 2022 at AED 1,071 per sqft, in line with what studios in Lake View Tower were fetching at the time (AED 1,065). 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. 1904's AED 33,400 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026650,000
24 Jun 2026675,000
16 Apr 2026680,000
16 Feb 2026650,000
9 studio 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 19th floor

All 497 units in Lake View Tower
Value
19011-bedAED 674K · Dec 2009
1902StudioAED 359K · Jan 2012
1903StudioAED 465K · Feb 2022
1905StudioAED 430K · Aug 2010
1906StudioAED 415K · Jun 2012
19071-bedAED 1.55M · Jun 2024
19082-bedAED 1.72M · Oct 2024
1–7 of 15

1904, Lake View Tower in numbers

  • Sold 4 times: first on 6 May 2013 for AED 359,000, last on 25 July 2022 for AED 450,000 (AED 1,071 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 27,000 in 2020 and recovered to AED 33,400 by September 2022.
  • At AED 33,400 a year the gross yield on the 2022 price is 7.4%, 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 25 September 2022.

Questions about 1904, Lake View Tower

What did unit 1904 last sell for?

AED 450,000 on 25 July 2022: AED 1,071 per sqft for 420 sqft. The unit has 4 registered sales; the first was AED 359,000 in May 2013.

What is the rent for unit 1904?

AED 33,400 a year on the contract renewed on 25 September 2022. The previous contract, from September 2021, was AED 28,000; the unit has been rented since March 2015.

How big is unit 1904?

420 sqft (39.0 sqm): a studio on the 19th floor of a 36-storey tower completed in 2009.

What is unit 1904 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 1904, Lake View Tower

Starts from the last sale price (AED 450K, 25 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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