2007, Lake View Tower
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Lake View Tower
What is 2007 worth today?
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Source: Dubai Land Department. Updated 30 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,418 sqft
- Floor
- 20th of 36
- Parking
- DMCC -2164
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 25,500 /yr
- Last sold
- AED 1.22M · May 2024
- Building
- Lake View Tower
About 2007, Lake View Tower
2007 is a one-bedroom apartment of 1,418 sqft on the 20th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 30 May 2024 for AED 1,220,000, or AED 860 per sqft, 22% below the AED 1,097 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 26 August 2023, is AED 59,850 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 25,500 a year.
Sales and rents for 2007 over time
2007 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 2007 sits
All 183 1-beds →2007 last sold in May 2024 at AED 860 per sqft, 22% below what one-beds in Lake View Tower were fetching at the time (AED 1,097). Over the last 12 months one-beds sold for AED 975,000 to 2,000,000, around AED 1,237 per sqft, and rent for AED 55,000 to 240,000 a year. 2007's AED 59,850 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 25 Jun 202625 June 2026 | 855 sqft | 1,070,000 | 1,251 |
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 | |
| 2002 | Studio | 415 sqft | AED 359KAED 359,000 · Aug 2010August 2010 | 58,000 /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 | |
| 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 |
2007, Lake View Tower in numbers
- Sold twice: first on 1 October 2013 for AED 890,000, last on 30 May 2024 for AED 1,220,000 (AED 860 per sqft).
- Rented since June 2019 on 5 Ejari contracts, from AED 60,000 to AED 59,850 a year.
- At AED 59,850 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 25,500 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 1,303 per sqft.
Source: Dubai Land Department. Updated 30 May 2024.
Questions about 2007, Lake View Tower
What did unit 2007 last sell for?
AED 1,220,000 on 30 May 2024: AED 860 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 890,000 in October 2013.
What is the rent for unit 2007?
AED 59,850 a year on the contract renewed on 26 August 2023. The previous contract, from August 2022, was AED 57,000; the unit has been rented since June 2019.
How big is unit 2007?
1,418 sqft (131.7 sqm): a one-bedroom apartment on the 20th floor of a 36-storey tower completed in 2009.
What is unit 2007 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 1,237 per sqft.
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Mortgage on 2007, Lake View Tower
Starts from the last sale price (AED 1.22M, 30 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,220,000
- Deposit, UAE resident (20%)
- AED 244,000
- Deposit, non-resident (40%)
- AED 488,000
- Monthly over 25 years at 3.7%
- AED 4,991
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →