1-bed · 855 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2009

201, Lake View Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 486K17 March 2010
Current rentAED 61K /yr30 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Lake View Tower

What is 201 worth today?

Last sold for AED 486,000 in 2010

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30 May 2024RentedNew contract
AED 61,325/yr12 months · AED 72 per sqft
30 May 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
17 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
2 May 2021RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
2 May 2020RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
23 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
4 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
17 Mar 2010Sold by developerReady
AED 486,000AED 568 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
2nd of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 15,400 /yr
Last sold
AED 486K · March 2010

About 201, Lake View Tower

201 is a one-bedroom apartment of 855 sqft on the 2nd floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 17 March 2010 for AED 486,000, or AED 568 per sqft, 15% below the AED 669 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 30 May 2024, is AED 61,325 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 15,400 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Lake View Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 657,500; 2010 AED 682,000; 2011 AED 563,000; 2012 AED 600,000; 2013 AED 890,500; 2014 AED 1,150,000; 2015 AED 1,030,000; 2016 AED 965,000; 2017 AED 1,030,000; 2018 AED 850,000; 2019 AED 735,000; 2020 AED 610,000; 2021 AED 620,000; 2022 AED 908,750; 2023 AED 990,000; 2024 AED 1,362,500; 2025 AED 1,170,000; 2026 AED 1,250,000Sold by developer, March 2010: AED 486,000 (AED 568 per sqft)

201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201, each contractTypical one-bed in Lake View Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 68,000; 2014 AED 80,000; 2015 AED 84,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,500New contract, August 2016: AED 80,000 a yearNew contract, August 2017: AED 75,000 a yearNew contract, May 2020: AED 50,000 a yearRenewal, May 2021: AED 45,000 a yearNew contract, January 2022: AED 55,000 a yearNew contract, May 2022: AED 55,000 a yearNew contract, May 2024: AED 61,325 a year

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 201 sits

All 183 1-beds →

201 last sold in March 2010 at AED 568 per sqft, 15% below what one-beds in Lake View Tower were fetching at the time (AED 669). 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. 201's AED 61,325 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,300,000
22 Oct 20261,200,000
1 Jul 20261,200,000
25 Jun 20261,070,000
12 1-bed 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. 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%
Lake View Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 2nd floor

All 497 units in Lake View Tower
Value
203StudioAED 485K · Apr 2023
204StudioAED 650K · Feb 2026
205StudioAED 670K · Oct 2016
206StudioAED 323K · Jun 2010
207StudioAED 373K · Sep 2009
2081-bedAED 1.2M · Dec 2014
2092-bedAED 880K · Dec 2009
1–7 of 15

201, Lake View Tower in numbers

  • Sold once: by DAMAC on 17 March 2010 for AED 486,000, or AED 568 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 61,325 by May 2024.
  • At AED 61,325 a year the gross yield on the 2010 price is 12.6%, before a service charge of about AED 15,400 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 201, Lake View Tower

What did unit 201 last sell for?

AED 486,000 on 17 March 2010, sold by the developer: AED 568 per sqft for 855 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 61,325 a year on the contract signed on 30 May 2024. The previous contract, from May 2022, was AED 55,000; the unit has been rented since August 2016.

How big is unit 201?

855 sqft (79.4 sqm): a one-bedroom apartment on the 2nd floor of a 36-storey tower completed in 2009.

What is unit 201 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 201, Lake View Tower

Starts from the last sale price (AED 486K, 17 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 486,000
Deposit, UAE resident (20%)
AED 97,200
Deposit, non-resident (40%)
AED 194,400
Monthly over 25 years at 3.7%
AED 1,988

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