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

315, Lake View Tower

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 710K1 June 2017
Current rentAED 50K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Lake View Tower

What is 315 worth today?

Last sold for AED 710,000 in 2017

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10 Oct 2026RentedRenewal
AED 50,000/yr12 months · AED 119 per sqft
10 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 119 per sqft
10 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
10 Oct 2023RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
10 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
1 Oct 2021RentedRenewal
AED 30,000/yr6 months · AED 71 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
20 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
3rd of 36
Parking
DMCC -2023
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 710K · June 2017

About 315, Lake View Tower

315 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 1 June 2017 for AED 710,000, or AED 1,690 per sqft, 6% above the AED 1,598 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 50,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 7,500 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, August 2010: AED 323,000 (AED 769 per sqft)Sold, June 2017: AED 710,000 (AED 1,690 per sqft)

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

Rents
Unit 315, each contractTypical studio in Lake View Tower
40K60K80K2012201620202024Typical 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, February 2015: AED 73,000 a yearNew contract, August 2017: AED 60,000 a yearRenewal, August 2018: AED 58,000 a yearNew contract, October 2019: AED 40,000 a yearNew contract, October 2020: AED 30,000 a yearRenewal, October 2021: AED 30,000 a yearNew contract, October 2022: AED 45,000 a yearNew contract, October 2023: AED 45,000 a yearNew contract, October 2024: AED 50,000 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2026: AED 50,000 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 315 sits

All 244 studios →

315 last sold in June 2017 at AED 1,690 per sqft, 6% above what studios in Lake View Tower were fetching at the time (AED 1,598). 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. 315's AED 50,000 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
304StudioAED 620K · Apr 2025
305StudioAED 615K · Dec 2025
306StudioAED 600K · Feb 2015
307StudioAED 680K · Dec 2017
3081-bedAED 1M · Oct 2013
1–7 of 15

315, Lake View Tower in numbers

  • Sold twice: first on 17 August 2010 for AED 323,000, last on 1 June 2017 for AED 710,000 (AED 1,690 per sqft).
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 73,000 to AED 30,000 in 2021 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2017 price is 7.0%, 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 10 October 2026.

Questions about 315, Lake View Tower

What did unit 315 last sell for?

AED 710,000 on 1 June 2017: AED 1,690 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 323,000 in August 2010.

What is the rent for unit 315?

AED 50,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since February 2015.

How big is unit 315?

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

What is unit 315 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 315, Lake View Tower

Starts from the last sale price (AED 710K, 1 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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