Studio · 415 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2902, Lake View Tower

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 830K17 October 2025
Current rentAED 63K /yr17 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Lake View Tower

What is 2902 worth today?

Last sold for AED 830,000 in 2025

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17 Oct 2025SoldReady
AED 830,000AED 2,000 per sqft
17 Oct 2025RentedNew contract
AED 63,409/yr12 months · AED 153 per sqft
9 Oct 2025RentedNew contract
AED 62,000/yr12 months · AED 148 per sqft
1 Nov 2024RentedNew contract
AED 43,642/yr12 months · AED 105 per sqft
25 Mar 2024SoldReady
AED 650,000AED 1,566 per sqft
1 Nov 2023RentedRenewal
AED 37,950/yr12 months · AED 91 per sqft
1 Nov 2022RentedRenewal
AED 34,500/yr12 months · AED 83 per sqft
1 Nov 2021RentedRenewal
AED 30,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 17 October 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
29th of 36
Parking
DMCC -1173
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 830K · October 2025

About 2902, Lake View Tower

2902 is a studio of 415 sqft on the 29th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 17 October 2025 for AED 830,000, or AED 2,000 per sqft, 14% above the AED 1,756 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 17 October 2025, is AED 63,409 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 705,000Sold by developer, June 2010: AED 456,000 (AED 1,098 per sqft)Sold, March 2024: AED 650,000 (AED 1,566 per sqft)Sold, October 2025: AED 830,000 (AED 2,000 per sqft)

2902 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2902, each contractTypical studio in Lake View Tower
40K60K2012201620202024Typical 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, June 2013: AED 50,000 a yearNew contract, June 2014: AED 65,000 a yearNew contract, June 2015: AED 65,000 a yearNew contract, September 2016: AED 56,000 a yearRenewal, September 2017: AED 56,000 a yearNew contract, October 2018: AED 46,000 a yearRenewal, October 2019: AED 36,000 a yearNew contract, November 2020: AED 30,000 a yearRenewal, November 2021: AED 30,000 a yearRenewal, November 2022: AED 34,500 a yearRenewal, November 2023: AED 37,950 a yearNew contract, November 2024: AED 43,642 a yearNew contract, October 2025: AED 63,409 a yearNew contract, October 2025: AED 62,000 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 2902 sits

All 244 studios →

2902 last sold in October 2025 at AED 2,000 per sqft, 14% above what studios in Lake View Tower were fetching at the time (AED 1,756). 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. 2902's AED 63,409 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 2026675,000
16 Apr 2026680,000
16 Feb 2026650,000
10 Feb 2026898,000
8 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. 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 29th floor

All 497 units in Lake View Tower
Value
29011-bedAED 1.2M · May 2025
2903StudioAED 640K · Feb 2024
2904StudioAED 650K · Mar 2024
2905StudioAED 710K · May 2016
2906StudioAED 675K · Jun 2026
29071-bedAED 1M · Apr 2022
29082-bedAED 975K · Oct 2021
1–7 of 15

2902, Lake View Tower in numbers

  • Sold 3 times: first on 20 June 2010 for AED 456,000, last on 17 October 2025 for AED 830,000 (AED 2,000 per sqft).
  • Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 63,409 by October 2025.
  • At AED 63,409 a year the gross yield on the 2025 price is 7.6%, 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 17 October 2025.

Questions about 2902, Lake View Tower

What did unit 2902 last sell for?

AED 830,000 on 17 October 2025: AED 2,000 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 456,000 in June 2010.

What is the rent for unit 2902?

AED 63,409 a year on the contract signed on 17 October 2025. The previous contract, from October 2025, was AED 62,000; the unit has been rented since June 2013.

How big is unit 2902?

415 sqft (38.6 sqm): a studio on the 29th floor of a 36-storey tower completed in 2009.

What is unit 2902 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 2902, Lake View Tower

Starts from the last sale price (AED 830K, 17 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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