Studio · 420 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2009

304, Lake View Tower

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

Unit 304 · DLD and Ejari recordsUpdated 17 April 2025
Last soldAED 620K17 April 2025
Current rentAED 53K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Lake View Tower

What is 304 worth today?

Last sold for AED 620,000 in 2025

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17 Apr 2025SoldReady
AED 620,000AED 1,476 per sqft
1 Dec 2024RentedRenewal
AED 52,501/yr10 months · AED 125 per sqft
1 Dec 2023RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
5 Aug 2023RentedRenewal
AED 37,501/yr10 months · AED 89 per sqft
5 Aug 2022RentedRenewal
AED 34,000/yr12 months · AED 81 per sqft
5 Aug 2021RentedRenewal
AED 31,000/yr12 months · AED 74 per sqft
5 Aug 2020RentedRenewal
AED 31,000/yr12 months · AED 74 per sqft
5 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 17 April 2025.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
3rd of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 620K · April 2025

About 304, Lake View Tower

304 is a studio of 420 sqft on the 3rd floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 17 April 2025 for AED 620,000, or AED 1,476 per sqft, 9% below the AED 1,620 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 52,501 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Lake View Tower
400K600K800K2009201420192024Typical 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, June 2010: AED 323,000 (AED 769 per sqft)Sold, June 2019: AED 425,000 (AED 1,011 per sqft)Sold, April 2025: AED 620,000 (AED 1,476 per sqft)

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

Rents
Unit 304, 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, August 2013: AED 38,000 a yearRenewal, August 2014: AED 56,833 a yearNew contract, August 2018: AED 43,000 a yearNew contract, January 2019: AED 40,000 a yearNew contract, August 2019: AED 38,000 a yearRenewal, August 2020: AED 31,000 a yearRenewal, August 2021: AED 31,000 a yearRenewal, August 2022: AED 34,000 a yearRenewal, August 2023: AED 37,501 a yearNew contract, December 2023: AED 50,000 a yearRenewal, December 2024: AED 52,501 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 304 sits

All 244 studios →

304 last sold in April 2025 at AED 1,476 per sqft, 9% below what studios in Lake View Tower were fetching at the time (AED 1,620). 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. 304's AED 52,501 is in the lower 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 3rd floor

All 497 units in Lake View Tower
Value
3011-bedAED 620K · May 2021
303StudioAED 400K · Apr 2009
305StudioAED 615K · Dec 2025
306StudioAED 600K · Feb 2015
307StudioAED 680K · Dec 2017
3081-bedAED 1M · Oct 2013
3092-bedAED 888K · Dec 2009
1–7 of 15

304, Lake View Tower in numbers

  • Sold 3 times: first on 22 June 2010 for AED 323,000, last on 17 April 2025 for AED 620,000 (AED 1,476 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 38,000 to AED 31,000 in 2021 and recovered to AED 52,501 by December 2024.
  • At AED 52,501 a year the gross yield on the 2025 price is 8.5%, 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 17 April 2025.

Questions about 304, Lake View Tower

What did unit 304 last sell for?

AED 620,000 on 17 April 2025: AED 1,476 per sqft for 420 sqft. The unit has 3 registered sales; the first was AED 323,000 in June 2010.

What is the rent for unit 304?

AED 52,501 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 50,000; the unit has been rented since August 2013.

How big is unit 304?

420 sqft (39.0 sqm): a studio on the 3rd floor of a 36-storey tower completed in 2009.

What is unit 304 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 304, Lake View Tower

Starts from the last sale price (AED 620K, 17 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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