511, Lake View Tower
Sold prices and rental history: sold once, by the developer in April 2013, 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 511, Lake View Tower
What is 511 worth today?
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Source: Dubai Land Department. Updated 18 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,381 sqft
- Floor
- 5th of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 24,800 /yr
- Last sold
- AED 827K · April 2013
- Building
- Lake View Tower
About 511, Lake View Tower
511 is a two-bedroom apartment of 1,381 sqft on the 5th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 1 April 2013 for AED 827,000, or AED 598 per sqft, 17% below the AED 722 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 18 July 2026, is AED 107,000 a year: a gross yield of 12.9% on the 2013 price, before the service charge of about AED 24,800 a year.
Sales and rents for 511 over time
511 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Lake View Tower, and where 511 sits
All 70 2-beds →511 last sold in April 2013 at AED 598 per sqft, 17% below what two-beds in Lake View Tower were fetching at the time (AED 722). Over the last 12 months two-beds sold for AED 1,780,000 to 1,840,000, around AED 1,260 per sqft, and rent for AED 85,000 to 140,000 a year. 511's AED 107,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,460 sqft | 1,840,000 | 1,260 | ||
| 14 Nov 202514 November 2025 | 1,381 sqft | 1,800,000 | 1,303 | ||
| 13 Nov 202513 November 2025 | 1,543 sqft | 1,780,000 | 1,153 | ||
| 18 Sep 202518 September 2025 | 1,538 sqft | 1,800,000 | 1,170 |
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 | |
| 504 | Studio | 420 sqft | AED 499KAED 499,000 · Apr 2023April 2023 | 44,875 /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 | |
| 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 |
511, Lake View Tower in numbers
- Sold once: by DAMAC on 1 April 2013 for AED 827,000, or AED 598 per sqft.
- Rented since April 2013 on 14 Ejari contracts. The rent fell from AED 85,000 to AED 63,000 in 2021 and recovered to AED 107,000 by July 2026.
- At AED 107,000 a year the gross yield on the 2013 price is 12.9%, before a service charge of about AED 24,800 a year (AED 17.97 per sqft).
- Two-beds in Lake View Tower sold for AED 1,780,000–1,840,000 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 18 July 2026.
Questions about 511, Lake View Tower
What did unit 511 last sell for?
AED 827,000 on 1 April 2013, sold by the developer: AED 598 per sqft for 1,381 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 107,000 a year on the contract signed on 18 July 2026. The previous contract, from June 2025, was AED 125,000; the unit has been rented since April 2013.
How big is unit 511?
1,381 sqft (128.3 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2009.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lake View Tower sold for AED 1,780,000 to 1,840,000 in the last 12 months, around AED 1,260 per sqft.
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Mortgage on 511, Lake View Tower
Starts from the last sale price (AED 827K, 1 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 827,000
- Deposit, UAE resident (20%)
- AED 165,400
- Deposit, non-resident (40%)
- AED 330,800
- Monthly over 25 years at 3.7%
- AED 3,384
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →