618, Lake View Tower
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 618, Lake View Tower
What is 618 worth today?
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Source: Dubai Land Department. Updated 12 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 416 sqft
- Floor
- 6th of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 300K · March 2011
- Building
- Lake View Tower
About 618, Lake View Tower
618 is a studio of 416 sqft on the 6th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 10 March 2011 for AED 300,000, or AED 721 per sqft, 6% below the AED 769 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 12 September 2026, is AED 60,000 a year: a gross yield of 20.0% on the 2011 price, before the service charge of about AED 7,500 a year.
Sales and rents for 618 over time
618 has sold twice; 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 618 sits
All 244 studios →618 last sold in March 2011 at AED 721 per sqft, 6% below what studios in Lake View Tower were fetching at the time (AED 769). 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. 618's AED 60,000 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 6th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 855 sqft | AED 534KAED 534,000 · Aug 2010August 2010 | 70,000 /yr | |
| 603 | Studio | 416 sqft | AED 430KAED 430,000 · Dec 2019December 2019 | 68,000 /yr | |
| 604 | Studio | 420 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 55,000 /yr | |
| 605 | Studio | 420 sqft | AED 680KAED 680,000 · Jul 2023July 2023 | 40,000 /yr | |
| 606 | Studio | 420 sqft | AED 610KAED 610,000 · Aug 2013August 2013 | 30,000 /yr | |
| 607 | Studio | 420 sqft | AED 273KAED 273,000 · Nov 2009November 2009 | 48,000 /yr | |
| 609 | 1-bed | 1,373 sqft | AED 832KAED 832,000 · Jun 2010June 2010 | 88,000 /yr | |
| 610 | 2-bed | 1,388 sqft | AED 1.01MAED 1,010,000 · Jul 2010July 2010 | 108,000 /yr | |
| 611 | 2-bed | 1,388 sqft | AED 960KAED 960,000 · Sep 2010September 2010 | 98,337 /yr | |
| 612 | 1-bed | 1,373 sqft | AED 670KAED 670,000 · May 2012May 2012 | 74,970 /yr | |
| 614 | Studio | 420 sqft | AED 730KAED 730,000 · Sep 2014September 2014 | 50,400 /yr | |
| 615 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 44,623 /yr | |
| 616 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 47,950 /yr | |
| 617 | Studio | 420 sqft | AED 495KAED 495,000 · Jan 2013January 2013 | 50,820 /yr | |
| 620 | 1-bed | 855 sqft | AED 584KAED 584,000 · Jun 2010June 2010 | 86,000 /yr |
618, Lake View Tower in numbers
- Sold twice: first on 27 October 2009 for AED 219,000, last on 10 March 2011 for AED 300,000 (AED 721 per sqft).
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 30,000 in 2021 and recovered to AED 60,000 by September 2026.
- At AED 60,000 a year the gross yield on the 2011 price is 20.0%, 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 12 September 2026.
Questions about 618, Lake View Tower
What did unit 618 last sell for?
AED 300,000 on 10 March 2011: AED 721 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 219,000 in October 2009.
What is the rent for unit 618?
AED 60,000 a year on the contract signed on 12 September 2026. The previous contract, from March 2026, was AED 60,000; the unit has been rented since August 2014.
How big is unit 618?
416 sqft (38.6 sqm): a studio on the 6th floor of a 36-storey tower completed in 2009.
What is unit 618 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 618, Lake View Tower
Starts from the last sale price (AED 300K, 10 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →