504, Lake View Tower
Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Lake View Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 5th of 36
- Parking
- DMCC -2052
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 499K · April 2023
- Building
- Lake View Tower
About 504, Lake View Tower
504 is a studio of 420 sqft on the 5th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 3 April 2023 for AED 499,000, or AED 1,188 per sqft, 11% above the AED 1,071 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 September 2026, is AED 44,875 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for 504 over time
504 has sold 4 times; the dashed line is the studio median of each year in the building.
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 504 sits
All 244 studios →504 last sold in April 2023 at AED 1,188 per sqft, 11% above what studios in Lake View Tower were fetching at the time (AED 1,071). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,687 per sqft, and rent for AED 30,000 to 105,000 a year. 504's AED 44,875 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 420 sqft | 675,000 | 1,607 | ||
| 16 Apr 202616 April 2026 | 420 sqft | 680,000 | 1,619 | ||
| 16 Feb 202616 February 2026 | 420 sqft | 650,000 | 1,547 | ||
| 10 Feb 202610 February 2026 | 420 sqft | 898,000 | 2,138 |
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 5th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 855 sqft | AED 800KAED 800,000 · Jun 2022June 2022 | 85,000 /yr | |
| 503 | Studio | 416 sqft | AED 730KAED 730,000 · Jan 2026January 2026 | 65,000 /yr | |
| 505 | Studio | 420 sqft | AED 273KAED 273,000 · May 2013May 2013 | 44,000 /yr | |
| 506 | Studio | 397 sqft | AED 273KAED 273,000 · Jun 2009June 2009 | 47,045 /yr | |
| 507 | Studio | 420 sqft | AED 223KAED 223,000 · Jun 2010June 2010 | 72,000 /yr | |
| 509 | 1-bed | 1,364 sqft | AED 1.62MAED 1,620,000 · May 2026May 2026 | 68,000 /yr | |
| 510 | 2-bed | 1,381 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | 92,000 /yr | |
| 511 | 2-bed | 1,381 sqft | AED 827KAED 827,000 · Apr 2013April 2013 | 107,000 /yr | |
| 512 | 1-bed | 1,364 sqft | AED 1.1MAED 1,100,000 · Sep 2019September 2019 | 68,000 /yr | |
| 514 | Studio | 420 sqft | AED 273KAED 273,000 · Aug 2010August 2010 | 60,000 /yr | |
| 515 | Studio | 420 sqft | AED 273KAED 273,000 · Aug 2010August 2010 | 55,000 /yr | |
| 516 | Studio | 420 sqft | AED 273KAED 273,000 · Aug 2010August 2010 | 65,000 /yr | |
| 517 | Studio | 420 sqft | AED 273KAED 273,000 · Apr 2013April 2013 | 48,000 /yr | |
| 518 | Studio | 416 sqft | AED 460KAED 460,000 · Jan 2013January 2013 | 65,000 /yr | |
| 520 | 1-bed | 855 sqft | AED 494KAED 494,000 · Dec 2009December 2009 | 65,000 /yr |
504, Lake View Tower in numbers
- Sold 4 times: first on 14 July 2010 for AED 223,000, last on 3 April 2023 for AED 499,000 (AED 1,188 per sqft).
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 50,135 to AED 24,000 in 2022 and recovered to AED 44,875 by September 2026.
- At AED 44,875 a year the gross yield on the 2023 price is 9.0%, 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 1,303 per sqft.
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 504, Lake View Tower
What did unit 504 last sell for?
AED 499,000 on 3 April 2023: AED 1,188 per sqft for 420 sqft. The unit has 4 registered sales; the first was AED 223,000 in July 2010.
What is the rent for unit 504?
AED 44,875 a year on the contract signed on 1 September 2026. The previous contract, from May 2026, was AED 65,000; the unit has been rented since September 2013.
How big is unit 504?
420 sqft (39.0 sqm): a studio on the 5th floor of a 36-storey tower completed in 2009.
What is unit 504 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 1,687 per sqft.
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Mortgage on 504, Lake View Tower
Starts from the last sale price (AED 499K, 3 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →