1-bed · 1,381 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2009

709, Lake View Tower

Sold prices and rental history: sold twice, last in August 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 810K23 August 2012
Current rentAED 95K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Lake View Tower

What is 709 worth today?

Last sold for AED 810,000 in 2012

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25 Apr 2026RentedRenewal
AED 95,000/yr12 months · AED 69 per sqft
25 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft
25 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft
1 Apr 2024RentedNew contract
AED 93,000/yr12 months · AED 67 per sqft
31 Jan 2023RentedRenewal
AED 65,000/yr12 months · AED 47 per sqft
31 Jan 2022RentedNew contract
AED 63,000/yr12 months · AED 46 per sqft
31 Jan 2021RentedNew contract
AED 63,000/yr12 months · AED 46 per sqft
21 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
1-bed apartment
Size
1,381 sqft
Floor
7th of 36
Parking
P2-43
Developer
DAMAC
Completed
2009
Service charge
AED 24,800 /yr
Last sold
AED 810K · August 2012

About 709, Lake View Tower

709 is a one-bedroom apartment of 1,381 sqft on the 7th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 23 August 2012 for AED 810,000, or AED 586 per sqft, 5% below the AED 619 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 95,000 a year: a gross yield of 11.7% on the 2012 price, before the service charge of about AED 24,800 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Lake View Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 657,500; 2010 AED 682,000; 2011 AED 563,000; 2012 AED 600,000; 2013 AED 890,500; 2014 AED 1,150,000; 2015 AED 1,030,000; 2016 AED 965,000; 2017 AED 1,030,000; 2018 AED 850,000; 2019 AED 735,000; 2020 AED 610,000; 2021 AED 620,000; 2022 AED 908,750; 2023 AED 990,000; 2024 AED 1,362,500; 2025 AED 1,170,000; 2026 AED 1,200,000Sold by developer, May 2009: AED 887,000 (AED 692 per sqft)Sold, August 2012: AED 810,000 (AED 586 per sqft)

709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Lake View Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 68,000; 2014 AED 80,000; 2015 AED 84,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,500New contract, January 2019: AED 80,000 a yearRenewal, January 2020: AED 80,000 a yearNew contract, January 2021: AED 63,000 a yearNew contract, January 2022: AED 63,000 a yearRenewal, January 2023: AED 65,000 a yearNew contract, April 2024: AED 93,000 a yearNew contract, April 2025: AED 95,000 a yearNew contract, April 2025: AED 95,000 a yearRenewal, April 2026: AED 95,000 a year

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 709 sits

All 183 1-beds →

709 last sold in August 2012 at AED 586 per sqft, 5% below what one-beds in Lake View Tower were fetching at the time (AED 619). 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. 709's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Nov 20261,130,000
2 Nov 20261,300,000
22 Oct 20261,200,000
1 Jul 20261,200,000
13 1-bed sales in the last 12 months

Lake View Tower

Building

497 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%
Lake View Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 7th floor

All 497 units in Lake View Tower
Value
7011-bedAED 675K · Jul 2012
702StudioAED 415K · Aug 2012
703StudioAED 223K · Jun 2010
704StudioAED 425K · May 2021
705StudioAED 323K · Oct 2009
706StudioAED 705K · May 2025
7102-bedAED 1.02M · Jun 2010
1–7 of 15

709, Lake View Tower in numbers

  • Sold twice: first on 25 May 2009 for AED 887,000, last on 23 August 2012 for AED 810,000 (AED 586 per sqft).
  • Rented since January 2019 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 63,000 in 2022 and recovered to AED 95,000 by April 2026.
  • At AED 95,000 a year the gross yield on the 2012 price is 11.7%, before a service charge of about AED 24,800 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 25 April 2026.

Questions about 709, Lake View Tower

What did unit 709 last sell for?

AED 810,000 on 23 August 2012: AED 586 per sqft for 1,381 sqft. The unit has 2 registered sales; the first was AED 887,000 in May 2009.

What is the rent for unit 709?

AED 95,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 95,000; the unit has been rented since January 2019.

How big is unit 709?

1,381 sqft (128.3 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2009.

What is unit 709 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 709, Lake View Tower

Starts from the last sale price (AED 810K, 23 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →