203, Lake View Tower
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Lake View Tower
What is 203 worth today?
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Source: Dubai Land Department. Updated 10 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 416 sqft
- Floor
- 2nd of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 485K · April 2023
- Building
- Lake View Tower
About 203, Lake View Tower
203 is a studio of 416 sqft on the 2nd floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 14 April 2023 for AED 485,000, or AED 1,165 per sqft, 7% above the AED 1,088 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 53,000 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for 203 over time
203 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 203 sits
All 236 studios →203 last sold in April 2023 at AED 1,165 per sqft, 7% above what studios in Lake View Tower were fetching at the time (AED 1,088). 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. 203's AED 53,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 420 sqft | 650,000 | 1,547 | ||
| 10 Feb 202610 February 2026 | 420 sqft | 898,000 | 2,138 | ||
| 26 Jan 202626 January 2026 | 416 sqft | 730,000 | 1,754 | ||
| 25 Dec 202525 December 2025 | 420 sqft | 815,000 | 1,940 |
Lake View Tower
Building497 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%
Other units on the 2nd floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 855 sqft | AED 486KAED 486,000 · Mar 2010March 2010 | 61,325 /yr | |
| 204 | Studio | 420 sqft | AED 650KAED 650,000 · Feb 2026February 2026 | 50,000 /yr | |
| 205 | Studio | 420 sqft | AED 670KAED 670,000 · Oct 2016October 2016 | 49,500 /yr | |
| 206 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 44,352 /yr | |
| 207 | Studio | 420 sqft | AED 373KAED 373,000 · Sep 2009September 2009 | 55,125 /yr | |
| 208 | 1-bed | 1,328 sqft | AED 1.2MAED 1,200,000 · Dec 2014December 2014 | 70,000 /yr | |
| 209 | 2-bed | 1,361 sqft | AED 880KAED 880,000 · Dec 2009December 2009 | 97,895 /yr | |
| 210 | 2-bed | 1,361 sqft | AED 835KAED 835,000 · Apr 2021April 2021 | 85,000 /yr | |
| 211 | 1-bed | 1,328 sqft | AED 1.49MAED 1,491,972 · Aug 2024August 2024 | 123,000 /yr | |
| 212 | Studio | 420 sqft | AED 685KAED 685,000 · Feb 2017February 2017 | 50,094 /yr | |
| 213 | Studio | 420 sqft | AED 460KAED 460,000 · Jan 2013January 2013 | 48,000 /yr | |
| 214 | Studio | 420 sqft | AED 323KAED 323,000 · Oct 2013October 2013 | 58,000 /yr | |
| 215 | Studio | 420 sqft | AED 323KAED 323,000 · Aug 2010August 2010 | 60,000 /yr | |
| 216 | Studio | 416 sqft | AED 520KAED 520,000 · Jul 2013July 2013 | 49,000 /yr | |
| 218 | 1-bed | 855 sqft | AED 860KAED 860,000 · Sep 2022September 2022 | 80,000 /yr |
203, Lake View Tower in numbers
- Sold twice: first on 7 September 2011 for AED 323,000, last on 14 April 2023 for AED 485,000 (AED 1,165 per sqft).
- Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 53,000 by May 2025.
- At AED 53,000 a year the gross yield on the 2023 price is 10.9%, 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 May 2025.
Questions about 203, Lake View Tower
What did unit 203 last sell for?
AED 485,000 on 14 April 2023: AED 1,165 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 323,000 in September 2011.
What is the rent for unit 203?
AED 53,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 50,600; the unit has been rented since April 2014.
How big is unit 203?
416 sqft (38.6 sqm): a studio on the 2nd floor of a 36-storey tower completed in 2009.
What is unit 203 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 203, Lake View Tower
Starts from the last sale price (AED 485K, 14 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →