2-bed · 1,361 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2009

209, Lake View Tower

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 880K29 December 2009
Current rentAED 103K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Lake View Tower

What is 209 worth today?

Last sold for AED 880,000 in 2009

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1 Feb 2026RentedRenewal
AED 102,800/yr12 months · AED 76 per sqft
1 Feb 2025RentedRenewal
AED 97,895/yr12 months · AED 72 per sqft
1 Feb 2025RentedRenewal
AED 97,895/yr12 months · AED 72 per sqft
1 Feb 2024RentedRenewal
AED 88,994/yr12 months · AED 65 per sqft
1 Jun 2023RentedRenewal
AED 84,756/yr8 months · AED 62 per sqft
1 Dec 2022RentedRenewal
AED 77,050/yr6 months · AED 57 per sqft
1 Dec 2021RentedRenewal
AED 67,000/yr12 months · AED 49 per sqft
1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
2nd of 36
Parking
DMCC -2014
Developer
DAMAC
Completed
2009
Service charge
AED 24,500 /yr
Last sold
AED 880K · December 2009

About 209, Lake View Tower

209 is a two-bedroom apartment of 1,361 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 29 December 2009 for AED 880,000, or AED 646 per sqft, 11% below the AED 729 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 102,800 a year: a gross yield of 11.7% on the 2009 price, before the service charge of about AED 24,500 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Lake View Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,080,000; 2010 AED 1,082,000; 2011 AED 1,125,500; 2012 AED 1,056,000; 2013 AED 1,138,000; 2014 AED 1,650,000; 2015 AED 1,630,000; 2016 AED 1,400,000; 2017 AED 1,350,000; 2018 AED 1,048,306; 2019 AED 1,220,000; 2020 AED 935,000; 2021 AED 975,000; 2022 AED 1,000,000; 2023 AED 1,220,000; 2024 AED 1,619,950; 2025 AED 1,780,000Sold by developer, December 2009: AED 880,000 (AED 646 per sqft)

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

Rents
Unit 209, each contractTypical two-bed in Lake View Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 119,084; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 69,000; 2021 AED 67,750; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 118,000New contract, June 2014: AED 101,000 a yearNew contract, June 2015: AED 111,100 a yearRenewal, June 2016: AED 111,100 a yearNew contract, August 2017: AED 90,000 a yearNew contract, November 2018: AED 85,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, December 2020: AED 60,000 a yearRenewal, December 2021: AED 67,000 a yearRenewal, December 2022: AED 77,050 a yearRenewal, June 2023: AED 84,756 a yearRenewal, February 2024: AED 88,994 a yearRenewal, February 2025: AED 97,895 a yearRenewal, February 2025: AED 97,895 a yearRenewal, February 2026: AED 102,800 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lake View Tower, and where 209 sits

All 70 2-beds →

209 last sold in December 2009 at AED 646 per sqft, 11% below what two-beds in Lake View Tower were fetching at the time (AED 729). Over the last 12 months two-beds sold for AED 1,780,000 to 1,840,000, around AED 1,260 per sqft, and rent for AED 85,000 to 140,000 a year. 209's AED 102,800 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,840,000
14 Nov 20251,800,000
13 Nov 20251,780,000
18 Sep 20251,800,000
3 2-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. 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 2nd floor

All 497 units in Lake View Tower
Value
2011-bedAED 486K · Mar 2010
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
1–7 of 15

209, Lake View Tower in numbers

  • Sold once: by DAMAC on 29 December 2009 for AED 880,000, or AED 646 per sqft.
  • Rented since June 2014 on 14 Ejari contracts. The rent fell from AED 101,000 to AED 60,000 in 2020 and recovered to AED 102,800 by February 2026.
  • At AED 102,800 a year the gross yield on the 2009 price is 11.7%, before a service charge of about AED 24,500 a year (AED 17.97 per sqft).
  • Two-beds in Lake View Tower sold for AED 1,780,000–1,840,000 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 1 February 2026.

Questions about 209, Lake View Tower

What did unit 209 last sell for?

AED 880,000 on 29 December 2009, sold by the developer: AED 646 per sqft for 1,361 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 102,800 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 97,895; the unit has been rented since June 2014.

How big is unit 209?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 2nd floor of a 36-storey tower completed in 2009.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lake View Tower sold for AED 1,780,000 to 1,840,000 in the last 12 months, around AED 1,260 per sqft.

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Mortgage on 209, Lake View Tower

Starts from the last sale price (AED 880K, 29 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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