2002, Lake View Tower
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, Lake View Tower
What is 2002 worth today?
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Source: Dubai Land Department. Updated 17 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 20th of 36
- Parking
- DMCC -2163
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 359K · August 2010
- Building
- Lake View Tower
About 2002, Lake View Tower
2002 is a studio of 415 sqft on the 20th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 16 August 2010 for AED 359,000, or AED 865 per sqft, 5% above the AED 823 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 17 October 2026, is AED 58,000 a year: a gross yield of 16.2% on the 2010 price, before the service charge of about AED 7,500 a year.
Sales and rents for 2002 over time
2002 has sold once; 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 2002 sits
All 244 studios →2002 last sold in August 2010 at AED 865 per sqft, 5% above what studios in Lake View Tower were fetching at the time (AED 823). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,687 per sqft, and rent for AED 30,000 to 105,000 a year. 2002's AED 58,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 10 Feb 202610 February 2026 | 420 sqft | 898,000 | 2,138 |
Lake View Tower
Building497 apartments, studios to 2-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2009 by DAMAC. 25 sold in the last 12 months.
- Typical price per sqft
- AED 1,303 Down 9.0%
- Typical sale
- AED 1.07M
- Typical rent
- AED 62K /yr
- Typical yield
- 8.7%
Other units on the 20th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 855 sqft | AED 600KAED 600,000 · Feb 2015February 2015 | 85,000 /yr | |
| 2003 | Studio | 420 sqft | AED 359KAED 359,000 · Nov 2009November 2009 | 58,500 /yr | |
| 2004 | Studio | 420 sqft | AED 670KAED 670,000 · Feb 2024February 2024 | 37,950 /yr | |
| 2005 | Studio | 420 sqft | AED 815KAED 815,000 · Dec 2025December 2025 | 60,023 /yr | |
| 2006 | Studio | 420 sqft | AED 675KAED 675,000 · Oct 2016October 2016 | 46,489 /yr | |
| 2007 | 1-bed | 1,418 sqft | AED 1.22MAED 1,220,000 · May 2024May 2024 | 59,850 /yr | |
| 2008 | 2-bed | 1,559 sqft | AED 1.37MAED 1,365,000 · Jun 2024June 2024 | 71,300 /yr | |
| 2009 | 2-bed | 1,559 sqft | AED 1.75MAED 1,750,000 · Mar 2025March 2025 | 95,000 /yr | |
| 2010 | 1-bed | 1,418 sqft | AED 890KAED 890,000 · Oct 2010October 2010 | 105,000 /yr | |
| 2011 | Studio | 420 sqft | AED 358KAED 358,000 · Jan 2012January 2012 | 61,000 /yr | |
| 2012 | Studio | 420 sqft | AED 395KAED 395,000 · Feb 2012February 2012 | 52,000 /yr | |
| 2013 | Studio | 420 sqft | AED 409KAED 409,000 · Dec 2009December 2009 | 55,000 /yr | |
| 2014 | Studio | 420 sqft | AED 375KAED 375,000 · Sep 2012September 2012 | 45,000 /yr | |
| 2015 | Studio | 415 sqft | AED 360KAED 360,000 · Nov 2011November 2011 | 65,000 /yr | |
| 2016 | 1-bed | 855 sqft | AED 674KAED 674,000 · Jun 2010June 2010 | 69,000 /yr |
2002, Lake View Tower in numbers
- Sold once: by DAMAC on 16 August 2010 for AED 359,000, or AED 865 per sqft.
- Rented since November 2014 on 14 Ejari contracts. The rent fell from AED 65,000 to AED 31,000 in 2021 and recovered to AED 58,000 by October 2026.
- At AED 58,000 a year the gross yield on the 2010 price is 16.2%, 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 1,303 per sqft.
Source: Dubai Land Department. Updated 17 October 2026.
Questions about 2002, Lake View Tower
What did unit 2002 last sell for?
AED 359,000 on 16 August 2010, sold by the developer: AED 865 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 58,000 a year on the contract renewed on 17 October 2026. The previous contract, from October 2025, was AED 58,000; the unit has been rented since November 2014.
How big is unit 2002?
415 sqft (38.6 sqm): a studio on the 20th floor of a 36-storey tower completed in 2009.
What is unit 2002 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 1,687 per sqft.
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Mortgage on 2002, Lake View Tower
Starts from the last sale price (AED 359K, 16 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 359,000
- Deposit, UAE resident (20%)
- AED 71,800
- Deposit, non-resident (40%)
- AED 143,600
- Monthly over 25 years at 3.7%
- AED 1,469
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →