Studio · 429 sqftMe Do Re, Jumeirah Lake Towers (JLT) · 14th floor · completed 2024

1408, Me Do Re

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 871K14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Me Do Re

What is 1408 worth today?

Last sold for AED 871,000 in 2023

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14 Aug 2023Sold by developerOff-plan
AED 871,000AED 2,028 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
14th of 38
Parking
1
Developer
Me Do Re Properties DMCC
Completed
2024
Last sold
AED 871K · August 2023
Building
Me Do Re

About 1408, Me Do Re

1408 is a studio of 429 sqft on the 14th floor of Me Do Re, a 38-storey tower in Jumeirah Lake Towers (JLT) completed in 2024 by Me Do Re Properties DMCC. The developer sold it on 14 August 2023 for AED 871,000, or AED 2,028 per sqft, in line with the AED 2,078 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Me Do Re
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 977,500; 2024 AED 1,100,000; 2025 AED 1,187,500; 2026 AED 1,117,500Sold by developer, August 2023: AED 871,000 (AED 2,028 per sqft)

1408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Me Do Re
75K80K2024202520262027Typical rent by year: 2024 AED 80,001; 2025 AED 83,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Me Do Re, and where 1408 sits

All 100 studios →

1408 last sold in August 2023 at AED 2,028 per sqft, in line with what studios in Me Do Re were fetching at the time (AED 2,078). Over the last 12 months studios sold for AED 1,100,000 to 1,350,000, around AED 2,457 per sqft, and rent for AED 47,000 to 98,000 a year.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
8 Oct 20261,135,000
7 Aug 20261,100,000
29 Jul 202617,974
7 studio sales in the last 12 months

Me Do Re

Building

367 apartments, studios to 3-bed over 38 floors in Jumeirah Lake Towers (JLT), completed in 2024 by Me Do Re Properties DMCC. 18 sold in the last 12 months.

Typical price per sqft
AED 2,206 Up 1.0%
Typical sale
AED 2.17M
Typical rent
AED 120K /yr
Typical yield
6.0%
Me Do Re, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 14th floor

All 367 units in Me Do Re
Value
14012-bedAED 3.45M · Jul 2024
14021-bedAED 1.63M · Oct 2023
14031-bedAED 1.61M · Sep 2023
14041-bedAED 1.6M · Aug 2023
14052-bedAED 3.11M · Jan 2024
1406StudioAED 1.5M · Aug 2023
14071-bedAED 1.98M · Feb 2024
1–7 of 12

1408, Me Do Re in numbers

  • Sold once: by Me Do Re Properties DMCC on 14 August 2023 for AED 871,000, or AED 2,028 per sqft.
  • Studios in Me Do Re sold for AED 1,100,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,206 per sqft.

Source: Dubai Land Department. Updated 14 August 2023.

Questions about 1408, Me Do Re

What did unit 1408 last sell for?

AED 871,000 on 14 August 2023, sold by the developer: AED 2,028 per sqft for 429 sqft. It is the only registered sale of the unit.

How big is unit 1408?

429 sqft (39.9 sqm): a studio on the 14th floor of a 38-storey tower completed in 2024.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Me Do Re sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 2,457 per sqft.

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Mortgage on 1408, Me Do Re

Starts from the last sale price (AED 871K, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 871,000
Deposit, UAE resident (20%)
AED 174,200
Deposit, non-resident (40%)
AED 348,400
Monthly over 25 years at 3.7%
AED 3,564

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