Studio · 415 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2009

1013, Lake View Tower

Sold prices and rental history: sold 3 times, last in August 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 10 December 2017
Last soldAED 665K11 August 2016
Current rentAED 50K /yr10 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1013, Lake View Tower

What is 1013 worth today?

Last sold for AED 665,000 in 2016

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10 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
6 Oct 2016RentedNew contract
AED 58,000/yr12 months · AED 140 per sqft
11 Aug 2016SoldReady
AED 665,000AED 1,602 per sqft
27 Nov 2014RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
31 Oct 2010SoldReady
AED 350,000AED 843 per sqft
13 Jun 2010Sold by developerReady
AED 350,000AED 843 per sqft

Source: Dubai Land Department. Updated 10 December 2017.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
10th of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 665K · August 2016

About 1013, Lake View Tower

1013 is a studio of 415 sqft on the 10th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 11 August 2016 for AED 665,000, or AED 1,602 per sqft, in line with the AED 1,602 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 10 December 2017, is AED 50,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical studio in Lake View Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 359,000; 2010 AED 335,000; 2011 AED 315,000; 2012 AED 390,000; 2013 AED 480,000; 2014 AED 700,000; 2015 AED 700,000; 2016 AED 650,000; 2017 AED 665,000; 2018 AED 676,000; 2019 AED 450,000; 2020 AED 410,000; 2021 AED 420,000; 2022 AED 450,000; 2023 AED 580,000; 2024 AED 660,000; 2025 AED 760,000; 2026 AED 730,000Sold by developer, June 2010: AED 350,000 (AED 843 per sqft)Sold, October 2010: AED 350,000 (AED 843 per sqft)Sold, August 2016: AED 665,000 (AED 1,602 per sqft)

1013 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1013, each contractTypical studio in Lake View Tower
40K60K2012201620202024Typical rent by year: 2012 AED 39,000; 2013 AED 48,000; 2014 AED 60,000; 2015 AED 62,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 45,500; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 55,000; 2026 AED 57,000New contract, November 2014: AED 65,000 a yearNew contract, October 2016: AED 58,000 a yearNew contract, December 2017: AED 50,000 a year

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 1013 sits

All 236 studios →

1013 last sold in August 2016 at AED 1,602 per sqft, in line with what studios in Lake View Tower were fetching at the time (AED 1,602). Over the last 12 months studios sold for AED 615,000 to 898,000, around AED 1,847 per sqft, and rent for AED 42,000 to 105,000 a year. 1013's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026650,000
10 Feb 2026898,000
26 Jan 2026730,000
25 Dec 2025815,000
6 studio 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. 13 sold in the last 12 months.

Typical price per sqft
AED 1,303 Down 9.0%
Typical sale
AED 975K
Typical rent
AED 68K /yr
Typical yield
8.8%
Lake View Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 497 units in Lake View Tower
Value
10011-bedAED 1.15M · Jul 2025
1002StudioAED 475K · Mar 2013
10031-bedAED 1.19M · Jul 2025
10041-bedAED 980K · Aug 2017
10061-bedAED 855K · Oct 2013
10072-bedAED 1.15M · Dec 2012
10082-bedAED 1.78M · Mar 2025
1–7 of 11

1013, Lake View Tower in numbers

  • Sold 3 times: first on 13 June 2010 for AED 350,000, last on 11 August 2016 for AED 665,000 (AED 1,602 per sqft).
  • Rented since November 2014 on 3 Ejari contracts, from AED 65,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 7.5%, 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 10 December 2017.

Questions about 1013, Lake View Tower

What did unit 1013 last sell for?

AED 665,000 on 11 August 2016: AED 1,602 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 350,000 in June 2010.

What is the rent for unit 1013?

AED 50,000 a year on the contract signed on 10 December 2017. The previous contract, from October 2016, was AED 58,000; the unit has been rented since November 2014.

How big is unit 1013?

415 sqft (38.6 sqm): a studio on the 10th floor of a 36-storey tower completed in 2009.

What is unit 1013 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 1,847 per sqft.

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Mortgage on 1013, Lake View Tower

Starts from the last sale price (AED 665K, 11 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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