LF7, Lake View Tower
Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LF7, Lake View Tower
What is LF7 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- Penthouse apartment
- Size
- 1,304 sqft
- Parking
- P3-31
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 23,400 /yr
- Last sold
- AED 800K · January 2013
- Building
- Lake View Tower
About LF7, Lake View Tower
LF7 is a penthouse of 1,304 sqft of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 17 January 2013 for AED 800,000, or AED 613 per sqft, 23% below the AED 800 penthouses in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 86,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 23,400 a year.
Sales and rents for LF7 over time
LF7 has sold twice; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Lake View Tower, and where LF7 sits
All 11 penthouses →LF7 last sold in January 2013 at AED 613 per sqft, 23% below what penthouses in Lake View Tower were fetching at the time (AED 800). Over the last 12 months penthouses sold for AED 1,500,000 to 1,550,000, around AED 1,253 per sqft, and rent for AED 72,000 to 125,000 a year. LF7's AED 86,000 is in the lower half of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,217 sqft | 1,500,000 | 1,232 | ||
| 7 Jan 20267 January 2026 | 1,217 sqft | 1,550,000 | 1,273 | ||
| 30 May 202530 May 2025 | 1,208 sqft | 1,510,000 | 1,249 | ||
| 9 May 20249 May 2024 | 4,467 sqft | 2,500,000 | 559 |
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%
LF7, Lake View Tower in numbers
- Sold twice: first on 8 November 2012 for AED 1,943,304, last on 17 January 2013 for AED 800,000 (AED 613 per sqft).
- Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2021 and recovered to AED 86,000 by November 2023.
- At AED 86,000 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 23,400 a year (AED 17.97 per sqft).
- Penthouses in Lake View Tower sold for AED 1,500,000–1,550,000 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 10 November 2023.
Questions about LF7, Lake View Tower
What did unit LF7 last sell for?
AED 800,000 on 17 January 2013: AED 613 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 1,943,304 in November 2012.
What is the rent for unit LF7?
AED 86,000 a year on the contract renewed on 10 November 2023. The previous contract, from November 2022, was AED 76,000; the unit has been rented since June 2017.
How big is unit LF7?
1,304 sqft (121.1 sqm): a penthouse of a 36-storey tower completed in 2009.
What is unit LF7 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Lake View Tower sold for AED 1,500,000 to 1,550,000 in the last 12 months, around AED 1,253 per sqft.
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Mortgage on LF7, Lake View Tower
Starts from the last sale price (AED 800K, 17 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →