409, Lake View Tower
Sold prices and rental history: sold once, by the developer in June 2009, 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 409, Lake View Tower
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,255 sqft
- Floor
- 4th of 36
- Parking
- P2-27
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 22,600 /yr
- Last sold
- AED 866K · June 2009
- Building
- Lake View Tower
About 409, Lake View Tower
409 is a one-bedroom apartment of 1,255 sqft on the 4th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 30 June 2009 for AED 866,000, or AED 690 per sqft, in line with the AED 689 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 100,000 a year: a gross yield of 11.6% on the 2009 price, before the service charge of about AED 22,600 a year.
Sales and rents for 409 over time
409 has sold once; 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 409 sits
All 183 1-beds →409 last sold in June 2009 at AED 690 per sqft, in line with what one-beds in Lake View Tower were fetching at the time (AED 689). Over the last 12 months one-beds sold for AED 975,000 to 2,000,000, around AED 1,237 per sqft, and rent for AED 55,000 to 240,000 a year. 409's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 25 Jun 202625 June 2026 | 855 sqft | 1,070,000 | 1,251 |
Lake View Tower
Building497 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%
Other units on the 4th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 855 sqft | AED 450KAED 450,000 · Jun 2012June 2012 | 69,000 /yr | |
| 403 | Studio | 416 sqft | AED 420KAED 420,000 · May 2021May 2021 | 24,000 /yr | |
| 404 | Studio | 420 sqft | AED 435KAED 435,000 · Aug 2019August 2019 | 37,000 /yr | |
| 405 | Studio | 420 sqft | AED 794KAED 793,800 · Jul 2010July 2010 | 52,000 /yr | |
| 406 | Studio | 420 sqft | AED 269KAED 269,000 · Jun 2010June 2010 | 43,000 /yr | |
| 407 | Studio | 420 sqft | AED 269KAED 269,000 · Jun 2010June 2010 | 55,000 /yr | |
| 410 | 2-bed | 1,376 sqft | AED 418KAED 417,500 · Dec 2020December 2020 | 160,000 /yr | |
| 411 | 2-bed | 1,376 sqft | AED 1.5MAED 1,500,000 · Jul 2015July 2015 | 88,000 /yr | |
| 412 | 1-bed | 1,354 sqft | AED 1.66MAED 1,655,000 · Feb 2026February 2026 | 100,000 /yr | |
| 414 | Studio | 420 sqft | AED 269KAED 269,000 · Oct 2013October 2013 | 50,000 /yr | |
| 415 | Studio | 420 sqft | AED 340KAED 340,000 · Dec 2011December 2011 | 60,000 /yr | |
| 416 | Studio | 420 sqft | AED 600KAED 600,000 · Jun 2023June 2023 | 68,000 /yr | |
| 417 | Studio | 420 sqft | AED 370KAED 370,000 · Oct 2019October 2019 | 55,000 /yr | |
| 418 | Studio | 416 sqft | AED 600KAED 600,000 · Nov 2023November 2023 | 50,000 /yr | |
| 420 | 1-bed | 855 sqft | AED 1.04MAED 1,040,000 · Dec 2025December 2025 | 55,000 /yr |
409, Lake View Tower in numbers
- Sold once: by DAMAC on 30 June 2009 for AED 866,000, or AED 690 per sqft.
- Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 58,000 in 2021 and recovered to AED 100,000 by September 2026.
- At AED 100,000 a year the gross yield on the 2009 price is 11.6%, before a service charge of about AED 22,600 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 1,303 per sqft.
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 409, Lake View Tower
What did unit 409 last sell for?
AED 866,000 on 30 June 2009, sold by the developer: AED 690 per sqft for 1,255 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 100,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since February 2015.
How big is unit 409?
1,255 sqft (116.6 sqm): a one-bedroom apartment on the 4th floor of a 36-storey tower completed in 2009.
What is unit 409 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 1,237 per sqft.
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Mortgage on 409, Lake View Tower
Starts from the last sale price (AED 866K, 30 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 866,000
- Deposit, UAE resident (20%)
- AED 173,200
- Deposit, non-resident (40%)
- AED 346,400
- Monthly over 25 years at 3.7%
- AED 3,543
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →