512, Lake View Tower
Sold prices and rental history: sold 3 times, last in September 2019, 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 512, Lake View Tower
What is 512 worth today?
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Source: Dubai Land Department. Updated 27 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,364 sqft
- Floor
- 5th of 36
- Parking
- DMCC -2055
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.1M · September 2019
- Building
- Lake View Tower
About 512, Lake View Tower
512 is a one-bedroom apartment of 1,364 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 5 September 2019 for AED 1,100,000, or AED 806 per sqft, in line with the AED 806 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 27 July 2022, is AED 68,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 24,500 a year.
Sales and rents for 512 over time
512 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 512 sits
All 183 1-beds →512 last sold in September 2019 at AED 806 per sqft, in line with what one-beds in Lake View Tower were fetching at the time (AED 806). 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. 512's AED 68,000 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 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 | |
| 511 | 2-bed | 1,381 sqft | AED 827KAED 827,000 · Apr 2013April 2013 | 107,000 /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 |
512, Lake View Tower in numbers
- Sold 3 times: first on 27 July 2009 for AED 828,000, last on 5 September 2019 for AED 1,100,000 (AED 806 per sqft).
- Rented since August 2015 on 5 Ejari contracts, from AED 90,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 24,500 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 27 July 2022.
Questions about 512, Lake View Tower
What did unit 512 last sell for?
AED 1,100,000 on 5 September 2019: AED 806 per sqft for 1,364 sqft. The unit has 3 registered sales; the first was AED 828,000 in July 2009.
What is the rent for unit 512?
AED 68,000 a year on the contract signed on 27 July 2022. The previous contract, from November 2021, was AED 68,000; the unit has been rented since August 2015.
How big is unit 512?
1,364 sqft (126.7 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2009.
What is unit 512 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 512, Lake View Tower
Starts from the last sale price (AED 1.1M, 5 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →