2015, Lake View Tower
Sold prices and rental history: sold twice, last in November 2011, 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 2015, Lake View Tower
What is 2015 worth today?
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Source: Dubai Land Department. Updated 10 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 20th of 36
- Parking
- P3-10
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 360K · November 2011
- Building
- Lake View Tower
About 2015, Lake View Tower
2015 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. It last sold on 24 November 2011 for AED 360,000, or AED 867 per sqft, 16% above the AED 748 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 March 2025, is AED 65,000 a year: a gross yield of 18.1% on the 2011 price, before the service charge of about AED 7,500 a year.
Sales and rents for 2015 over time
2015 has sold twice; 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 2015 sits
All 244 studios →2015 last sold in November 2011 at AED 867 per sqft, 16% above what studios in Lake View Tower were fetching at the time (AED 748). 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. 2015's AED 65,000 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 | |
| 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 | |
| 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 | |
| 2016 | 1-bed | 855 sqft | AED 674KAED 674,000 · Jun 2010June 2010 | 69,000 /yr |
2015, Lake View Tower in numbers
- Sold twice: first on 18 August 2011 for AED 409,000, last on 24 November 2011 for AED 360,000 (AED 867 per sqft).
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 65,000 by March 2025.
- At AED 65,000 a year the gross yield on the 2011 price is 18.1%, 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 10 March 2025.
Questions about 2015, Lake View Tower
What did unit 2015 last sell for?
AED 360,000 on 24 November 2011: AED 867 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 409,000 in August 2011.
What is the rent for unit 2015?
AED 65,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 65,000; the unit has been rented since August 2014.
How big is unit 2015?
415 sqft (38.6 sqm): a studio on the 20th floor of a 36-storey tower completed in 2009.
What is unit 2015 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 2015, Lake View Tower
Starts from the last sale price (AED 360K, 24 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →