2203, Lake View Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, Lake View Tower
What is 2203 worth today?
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Source: Dubai Land Department. Updated 9 July 2021.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 22nd of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 235K · April 2010
- Building
- Lake View Tower
About 2203, Lake View Tower
2203 is a studio of 415 sqft on the 22nd floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 28 April 2010 for AED 235,000, or AED 566 per sqft, 34% below the AED 854 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 9 July 2021, is AED 28,000 a year: a gross yield of 11.9% on the 2010 price, before the service charge of about AED 7,500 a year.
Sales and rents for 2203 over time
2203 has sold once; 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 2203 sits
All 236 studios →2203 last sold in April 2010 at AED 566 per sqft, 34% below what studios in Lake View Tower were fetching at the time (AED 854). 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. 2203's AED 28,000 is at the bottom 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 22nd floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 428 sqft | AED 383KAED 382,500 · Oct 2018October 2018 | 60,000 /yr | |
| 2204 | Studio | 420 sqft | AED 475KAED 475,000 · Apr 2013April 2013 | 55,000 /yr | |
| 2205 | Studio | 420 sqft | AED 350KAED 350,000 · Mar 2022March 2022 | 58,000 /yr | |
| 2206 | Studio | 420 sqft | AED 285KAED 285,000 · Aug 2010August 2010 | 60,000 /yr | |
| 2207 | Studio | 420 sqft | AED 650KAED 650,000 · Feb 2025February 2025 | 54,000 /yr | |
| 2209 | 1-bed | 1,401 sqft | AED 1.58MAED 1,580,000 · Feb 2024February 2024 | 65,000 /yr | |
| 2210 | 2-bed | 1,552 sqft | AED 1.17MAED 1,170,000 · May 2011May 2011 | 115,000 /yr | |
| 2211 | 2-bed | 1,552 sqft | AED 1.13MAED 1,130,000 · Feb 2023February 2023 | 69,000 /yr | |
| 2212 | 1-bed | 1,401 sqft | AED 1.93MAED 1,928,059 · Jul 2024July 2024 | 90,000 /yr | |
| 2214 | Studio | 420 sqft | AED 675KAED 675,000 · Nov 2015November 2015 | 60,000 /yr | |
| 2215 | Studio | 420 sqft | AED 443KAED 443,000 · Sep 2010September 2010 | 55,000 /yr | |
| 2216 | Studio | 420 sqft | AED 450KAED 450,000 · Aug 2012August 2012 | 52,500 /yr | |
| 2217 | Studio | 420 sqft | AED 510KAED 510,000 · Apr 2023April 2023 | 55,000 /yr | |
| 2218 | Studio | 415 sqft | AED 525KAED 525,000 · Jul 2022July 2022 | 60,000 /yr | |
| 2220 | 1-bed | 855 sqft | AED 1.1MAED 1,100,000 · Jan 2014January 2014 | 45,000 /yr |
2203, Lake View Tower in numbers
- Sold once: by DAMAC on 28 April 2010 for AED 235,000, or AED 566 per sqft.
- Rented since August 2016 on 6 Ejari contracts, from AED 55,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2010 price is 11.9%, 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 9 July 2021.
Questions about 2203, Lake View Tower
What did unit 2203 last sell for?
AED 235,000 on 28 April 2010, sold by the developer: AED 566 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 2203?
AED 28,000 a year on the contract signed on 9 July 2021. The previous contract, from August 2020, was AED 40,000; the unit has been rented since August 2016.
How big is unit 2203?
415 sqft (38.6 sqm): a studio on the 22nd floor of a 36-storey tower completed in 2009.
What is unit 2203 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 2203, Lake View Tower
Starts from the last sale price (AED 235K, 28 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 235,000
- Deposit, UAE resident (20%)
- AED 47,000
- Deposit, non-resident (40%)
- AED 94,000
- Monthly over 25 years at 3.7%
- AED 961
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →