2-bed · 1,560 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2009

1908, Lake View Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.72M16 October 2024
Current rentAED 135K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Lake View Tower

What is 1908 worth today?

Last sold for AED 1,720,000 in 2024

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20 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
16 Oct 2024SoldReady
AED 1,720,000AED 1,102 per sqft
1 Jan 2022RentedRenewal
AED 69,600/yr9 months · AED 45 per sqft
1 Jan 2021RentedRenewal
AED 66,000/yr12 months · AED 43 per sqft
1 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
15 Oct 2018RentedRenewal
AED 92,000/yr12 months · AED 59 per sqft
15 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
15 Jan 2017RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
19th of 36
Parking
DMCC -2159
Developer
DAMAC
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.72M · October 2024

About 1908, Lake View Tower

1908 is a two-bedroom apartment of 1,560 sqft on the 19th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 16 October 2024 for AED 1,720,000, or AED 1,102 per sqft, 12% above the AED 980 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 October 2024, is AED 135,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical two-bed in Lake View Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,077,000; 2010 AED 1,084,000; 2011 AED 1,104,000; 2012 AED 1,056,000; 2013 AED 1,144,000; 2014 AED 1,675,000; 2015 AED 1,630,000; 2016 AED 1,400,000; 2017 AED 1,295,000; 2019 AED 1,220,000; 2020 AED 935,000; 2021 AED 975,000; 2022 AED 1,000,000; 2023 AED 1,230,000; 2024 AED 1,630,000; 2025 AED 1,775,000Sold by developer, June 2010: AED 1,580,000 (AED 1,012 per sqft)Sold, July 2016: AED 1,620,000 (AED 1,038 per sqft)Sold, October 2024: AED 1,720,000 (AED 1,102 per sqft)

1908 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1908, each contractTypical two-bed in Lake View Tower
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 117,584; 2017 AED 109,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 67,500; 2022 AED 78,000; 2023 AED 87,675; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 120,000New contract, July 2013: AED 85,000 a yearNew contract, July 2014: AED 97,750 a yearNew contract, July 2015: AED 107,500 a yearNew contract, January 2017: AED 120,000 a yearNew contract, October 2017: AED 100,000 a yearRenewal, October 2018: AED 92,000 a yearNew contract, January 2020: AED 75,000 a yearRenewal, January 2021: AED 66,000 a yearRenewal, January 2022: AED 69,600 a yearNew contract, October 2024: AED 135,000 a year

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

2-beds in Lake View Tower, and where 1908 sits

All 65 2-beds →

1908 last sold in October 2024 at AED 1,102 per sqft, 12% above what two-beds in Lake View Tower were fetching at the time (AED 980). 1908's AED 135,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20251,780,000
7 Jul 20251,740,000
4 Jun 20252,000,000
20 Mar 20251,750,000
0 2-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. 11 sold in the last 12 months.

Typical price per sqft
AED 1,464 Up 3.1%
Typical sale
AED 898K
Typical rent
AED 65K /yr
Typical yield
7.9%
Lake View Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 19th floor

All 497 units in Lake View Tower
Value
19011-bedAED 674K · Dec 2009
1902StudioAED 359K · Jan 2012
1903AED 465K · Feb 2022
1904StudioAED 450K · Jul 2022
1905StudioAED 430K · Aug 2010
1906StudioAED 415K · Jun 2012
19071-bedAED 1.55M · Jun 2024
1–7 of 15

1908, Lake View Tower in numbers

  • Sold 3 times: first on 23 June 2010 for AED 1,580,000, last on 16 October 2024 for AED 1,720,000 (AED 1,102 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 66,000 in 2021 and recovered to AED 135,000 by October 2024.
  • At AED 135,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 28,000 a year (AED 17.97 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.

Questions about 1908, Lake View Tower

What did unit 1908 last sell for?

AED 1,720,000 on 16 October 2024: AED 1,102 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 1,580,000 in June 2010.

What is the rent for unit 1908?

AED 135,000 a year on the contract signed on 20 October 2024. The previous contract, from January 2022, was AED 69,600; the unit has been rented since July 2013.

How big is unit 1908?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 19th floor of a 36-storey tower completed in 2009.

What is unit 1908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1908, Lake View Tower

Starts from the last sale price (AED 1.72M, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

Plus AED 77,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →