717, Lake View Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 717, Lake View Tower
What is 717 worth today?
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Source: Dubai Land Department. Updated 24 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 7th of 36
- Parking
- DMCC -2086
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 510K · December 2012
- Building
- Lake View Tower
About 717, Lake View Tower
717 is a studio of 420 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 30 December 2012 for AED 510,000, or AED 1,214 per sqft, 30% above the AED 933 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 24 January 2026, is AED 57,000 a year: a gross yield of 11.2% on the 2012 price, before the service charge of about AED 7,500 a year.
Sales and rents for 717 over time
717 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 717 sits
All 244 studios →717 last sold in December 2012 at AED 1,214 per sqft, 30% above what studios in Lake View Tower were fetching at the time (AED 933). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,619 per sqft, and rent for AED 30,000 to 105,000 a year. 717's AED 57,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 420 sqft | 650,000 | 1,547 | ||
| 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 |
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 7th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 855 sqft | AED 675KAED 675,000 · Jul 2012July 2012 | 80,000 /yr | |
| 702 | Studio | 416 sqft | AED 415KAED 415,000 · Aug 2012August 2012 | 55,000 /yr | |
| 703 | Studio | 420 sqft | AED 223KAED 223,000 · Jun 2010June 2010 | 54,000 /yr | |
| 704 | Studio | 420 sqft | AED 425KAED 425,000 · May 2021May 2021 | 36,000 /yr | |
| 705 | Studio | 420 sqft | AED 323KAED 323,000 · Oct 2009October 2009 | 49,144 /yr | |
| 706 | Studio | 420 sqft | AED 705KAED 705,000 · May 2025May 2025 | 63,000 /yr | |
| 709 | 1-bed | 1,381 sqft | AED 810KAED 810,000 · Aug 2012August 2012 | 95,000 /yr | |
| 710 | 2-bed | 1,392 sqft | AED 1.02MAED 1,017,000 · Jun 2010June 2010 | 120,000 /yr | |
| 711 | 2-bed | 1,392 sqft | AED 1.35MAED 1,350,000 · Apr 2017April 2017 | 120,000 /yr | |
| 712 | 1-bed | 1,381 sqft | AED 1.05MAED 1,050,000 · Feb 2012February 2012 | 110,000 /yr | |
| 715 | Studio | 420 sqft | AED 450KAED 450,000 · May 2022May 2022 | 63,000 /yr | |
| 716 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 55,000 /yr | |
| 718 | Studio | 420 sqft | AED 700KAED 700,000 · Oct 2024October 2024 | 70,000 /yr | |
| 719 | Studio | 416 sqft | AED 670KAED 670,000 · May 2024May 2024 | 59,000 /yr | |
| 720 | 1-bed | 855 sqft | AED 1.18MAED 1,180,000 · Jun 2014June 2014 | 80,000 /yr |
717, Lake View Tower in numbers
- Sold twice: first on 27 October 2009 for AED 323,000, last on 30 December 2012 for AED 510,000 (AED 1,214 per sqft).
- Rented since December 2012 on 14 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2020 and recovered to AED 57,000 by January 2026.
- At AED 57,000 a year the gross yield on the 2012 price is 11.2%, 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 1,321 per sqft.
Source: Dubai Land Department. Updated 24 January 2026.
Questions about 717, Lake View Tower
What did unit 717 last sell for?
AED 510,000 on 30 December 2012: AED 1,214 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 323,000 in October 2009.
What is the rent for unit 717?
AED 57,000 a year on the contract renewed on 24 January 2026. The previous contract, from January 2025, was AED 57,000; the unit has been rented since December 2012.
How big is unit 717?
420 sqft (39.0 sqm): a studio on the 7th floor of a 36-storey tower completed in 2009.
What is unit 717 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 1,619 per sqft.
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Mortgage on 717, Lake View Tower
Starts from the last sale price (AED 510K, 30 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →