Studio · 420 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2009

2704, Lake View Tower

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

Unit 2704 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 385K14 June 2010
Current rentAED 80K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Lake View Tower

What is 2704 worth today?

Last sold for AED 385,000 in 2010

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31 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 190 per sqft
27 Jan 2025RentedRenewal
AED 45,574/yr3 months · AED 109 per sqft
27 Jan 2024RentedRenewal
AED 40,986/yr12 months · AED 98 per sqft
27 Jan 2023RentedRenewal
AED 37,260/yr12 months · AED 89 per sqft
27 Jan 2022RentedNew contract
AED 32,400/yr12 months · AED 77 per sqft
28 Jan 2021RentedNew contract
AED 27,000/yr12 months · AED 64 per sqft
12 Jan 2020RentedRenewal
AED 40,000/yr12 months · AED 95 per sqft
12 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
27th of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 385K · June 2010

About 2704, Lake View Tower

2704 is a studio of 420 sqft on the 27th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 14 June 2010 for AED 385,000, or AED 916 per sqft, 7% above the AED 854 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 31 October 2025, is AED 80,000 a year: a gross yield of 20.8% on the 2010 price, before the service charge of about AED 7,500 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical studio in Lake View Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 359,000; 2010 AED 335,000; 2011 AED 315,000; 2012 AED 390,000; 2013 AED 485,000; 2014 AED 700,000; 2015 AED 705,000; 2016 AED 650,000; 2017 AED 665,000; 2018 AED 688,000; 2019 AED 450,000; 2020 AED 410,000; 2021 AED 420,000; 2022 AED 450,000; 2023 AED 580,000; 2024 AED 665,000; 2025 AED 750,000; 2026 AED 680,000Sold by developer, March 2010: AED 285,000 (AED 678 per sqft)Sold, June 2010: AED 385,000 (AED 916 per sqft)

2704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2704, each contractTypical studio in Lake View Tower
25K50K75K2012201620202024Typical rent by year: 2012 AED 39,000; 2013 AED 48,000; 2014 AED 60,000; 2015 AED 61,500; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 56,000; 2026 AED 55,000New contract, April 2016: AED 60,000 a yearNew contract, January 2019: AED 40,000 a yearRenewal, January 2020: AED 40,000 a yearNew contract, January 2021: AED 27,000 a yearNew contract, January 2022: AED 32,400 a yearRenewal, January 2023: AED 37,260 a yearRenewal, January 2024: AED 40,986 a yearRenewal, January 2025: AED 45,574 a yearNew contract, October 2025: AED 80,000 a year

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 2704 sits

All 244 studios →

2704 last sold in June 2010 at AED 916 per sqft, 7% above what studios in Lake View Tower were fetching at the time (AED 854). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,619 per sqft, and rent for AED 30,000 to 105,000 a year. 2704's AED 80,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026650,000
24 Jun 2026675,000
16 Apr 2026680,000
16 Feb 2026650,000
9 studio 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 27th floor

All 497 units in Lake View Tower
Value
27011-bedAED 1.1M · Mar 2025
2703StudioAED 610K · Apr 2024
2705StudioAED 740K · Aug 2024
2706StudioAED 700K · Jun 2024
2707StudioAED 380K · Oct 2013
27081-bedAED 1.5M · Sep 2023
27092-bedAED 475K · Nov 2019
1–7 of 15

2704, Lake View Tower in numbers

  • Sold twice: first on 16 March 2010 for AED 285,000, last on 14 June 2010 for AED 385,000 (AED 916 per sqft).
  • Rented since April 2016 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 27,000 in 2021 and recovered to AED 80,000 by October 2025.
  • At AED 80,000 a year the gross yield on the 2010 price is 20.8%, 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 1,321 per sqft.

Source: Dubai Land Department. Updated 31 October 2025.

Questions about 2704, Lake View Tower

What did unit 2704 last sell for?

AED 385,000 on 14 June 2010: AED 916 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 285,000 in March 2010.

What is the rent for unit 2704?

AED 80,000 a year on the contract signed on 31 October 2025. The previous contract, from January 2025, was AED 45,574; the unit has been rented since April 2016.

How big is unit 2704?

420 sqft (39.0 sqm): a studio on the 27th floor of a 36-storey tower completed in 2009.

What is unit 2704 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 1,619 per sqft.

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Mortgage on 2704, Lake View Tower

Starts from the last sale price (AED 385K, 14 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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