
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.
Property timeline for 3108, Lake View Tower
What is 3108 worth today?
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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
- Building
- Lake View Tower
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
3108 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20265 November 2026 | 855 sqft | 1,130,000 | 1,321 | ||
| 2 Nov 20262 November 2026 | 831 sqft | 1,300,000 | 1,564 | ||
| 22 Oct 202622 October 2026 | 831 sqft | 1,200,000 | 1,444 | ||
| 1 Jul 20261 July 2026 | 855 sqft | 1,200,000 | 1,403 |
Lake View Tower
Building497 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%
Other units on the 31st floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | 1-bed | 856 sqft | AED 886KAED 886,000 · Nov 2012November 2012 | 69,300 /yr | |
| 3102 | Studio | 415 sqft | AED 665KAED 665,000 · Mar 2017March 2017 | 62,000 /yr | |
| 3103 | 1-bed | 831 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 75,000 /yr | |
| 3104 | 1-bed | 831 sqft | AED 900KAED 900,000 · Apr 2023April 2023 | 80,000 /yr | |
| 3105 | 1-bed | 1,334 sqft | AED 1.22MAED 1,219,000 · Oct 2009October 2009 | 100,000 /yr | |
| 3106 | 2-bed | 1,563 sqft | AED 1.33MAED 1,330,000 · May 2013May 2013 | 117,000 /yr | |
| 3107 | 2-bed | 1,563 sqft | AED 1MAED 1,000,000 · Oct 2016October 2016 | 54,000 /yr | |
| 3109 | 1-bed | 831 sqft | AED 1.08MAED 1,080,000 · Aug 2024August 2024 | 72,000 /yr | |
| 3110 | 1-bed | 831 sqft | AED 750KAED 750,000 · Apr 2023April 2023 | 78,000 /yr | |
| 3111 | Studio | 415 sqft | AED 600KAED 600,000 · Mar 2024March 2024 | 42,000 /yr | |
| 3112 | 1-bed | 856 sqft | AED 1.33MAED 1,325,000 · May 2024May 2024 | 85,000 /yr |
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 →