1-bed · 1,334 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 31st floor · completed 2009

3108, Lake View Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3108 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.32M13 May 2024
Current rentAED 61K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3108, Lake View Tower

What is 3108 worth today?

Last sold for AED 1,320,000 in 2024

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1 Aug 2024RentedRenewal
AED 60,761/yr10 months · AED 46 per sqft
13 May 2024SoldReady
AED 1,320,000AED 989 per sqft
1 Aug 2023RentedRenewal
AED 61,000/yr12 months · AED 46 per sqft
1 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
5 Jun 2020RentedNew contract
AED 68,000/yr12 months · AED 51 per sqft
5 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 64 per sqft
5 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
1 Mar 2015RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,334 sqft
Floor
31st of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 24,000 /yr
Last sold
AED 1.32M · May 2024

About 3108, Lake View Tower

3108 is a one-bedroom apartment of 1,334 sqft on the 31st floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 13 May 2024 for AED 1,320,000, or AED 989 per sqft, 9% below the AED 1,091 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 60,761 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 3108 over time

Sales
Unit 3108, each saleTypical one-bed in Lake View Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 657,500; 2010 AED 682,000; 2011 AED 563,000; 2012 AED 600,000; 2013 AED 890,500; 2014 AED 1,150,000; 2015 AED 1,030,000; 2016 AED 965,000; 2017 AED 1,030,000; 2018 AED 850,000; 2019 AED 735,000; 2020 AED 610,000; 2021 AED 620,000; 2022 AED 908,750; 2023 AED 990,000; 2024 AED 1,362,500; 2025 AED 1,170,000; 2026 AED 1,200,000Sold by developer, August 2010: AED 1,100,000 (AED 824 per sqft)Sold, August 2010: AED 1,100,000 (AED 824 per sqft)Sold, May 2024: AED 1,320,000 (AED 989 per sqft)

3108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3108, each contractTypical one-bed in Lake View Tower
50K100K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 68,000; 2014 AED 80,000; 2015 AED 84,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,500New contract, March 2015: AED 110,000 a yearNew contract, June 2018: AED 85,000 a yearRenewal, June 2019: AED 85,000 a yearNew contract, June 2020: AED 68,000 a yearNew contract, August 2021: AED 55,000 a yearRenewal, August 2023: AED 61,000 a yearRenewal, August 2024: AED 60,761 a year

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

1-beds in Lake View Tower, and where 3108 sits

All 183 1-beds →

3108 last sold in May 2024 at AED 989 per sqft, 9% below what one-beds in Lake View Tower were fetching at the time (AED 1,091). Over the last 12 months one-beds sold for AED 975,000 to 2,000,000, around AED 1,251 per sqft, and rent for AED 55,000 to 240,000 a year. 3108's AED 60,761 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Nov 20261,130,000
2 Nov 20261,300,000
22 Oct 20261,200,000
1 Jul 20261,200,000
13 1-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 31st floor

All 497 units in Lake View Tower
Value
31011-bedAED 886K · Nov 2012
3102StudioAED 665K · Mar 2017
31031-bedAED 1.1M · May 2025
31041-bedAED 900K · Apr 2023
31051-bedAED 1.22M · Oct 2009
31062-bedAED 1.33M · May 2013
31072-bedAED 1M · Oct 2016
1–7 of 11

3108, Lake View Tower in numbers

  • Sold 3 times: first on 16 August 2010 for AED 1,100,000, last on 13 May 2024 for AED 1,320,000 (AED 989 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 60,761 by August 2024.
  • At AED 60,761 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 24,000 a year (AED 17.97 per sqft).
  • One-beds in Lake View Tower sold for AED 975,000–2,000,000 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 August 2024.

Questions about 3108, Lake View Tower

What did unit 3108 last sell for?

AED 1,320,000 on 13 May 2024: AED 989 per sqft for 1,334 sqft. The unit has 3 registered sales; the first was AED 1,100,000 in August 2010.

What is the rent for unit 3108?

AED 60,761 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 61,000; the unit has been rented since March 2015.

How big is unit 3108?

1,334 sqft (123.9 sqm): a one-bedroom apartment on the 31st floor of a 36-storey tower completed in 2009.

What is unit 3108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lake View Tower sold for AED 975,000 to 2,000,000 in the last 12 months, around AED 1,251 per sqft.

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Mortgage on 3108, Lake View Tower

Starts from the last sale price (AED 1.32M, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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