2407, Lake View Tower
Sold prices and rental history: sold twice, last in February 2010, 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 2407, Lake View Tower
What is 2407 worth today?
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Source: Dubai Land Department. Updated 30 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 24th of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 430K · February 2010
- Building
- Lake View Tower
About 2407, Lake View Tower
2407 is a studio of 420 sqft on the 24th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 15 February 2010 for AED 430,000, or AED 1,023 per sqft, 19% above the AED 860 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 30 August 2025, is AED 53,000 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 7,500 a year.
Sales and rents for 2407 over time
2407 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 2407 sits
All 236 studios →2407 last sold in February 2010 at AED 1,023 per sqft, 19% above what studios in Lake View Tower were fetching at the time (AED 860). 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. 2407'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 24th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 855 sqft | AED 569KAED 569,000 · Jun 2010June 2010 | 73,000 /yr | ||
| 2403 | Studio | 415 sqft | AED 285KAED 285,000 · Mar 2010March 2010 | 45,000 /yr | |
| 2404 | Studio | 420 sqft | AED 700KAED 700,000 · Jun 2024June 2024 | 62,000 /yr | |
| 2405 | Studio | 420 sqft | AED 285KAED 285,000 · Jul 2011July 2011 | 60,000 /yr | |
| 2406 | Studio | 420 sqft | AED 725KAED 725,000 · Dec 2024December 2024 | 43,643 /yr | |
| 2409 | 1-bed | 1,396 sqft | AED 488KAED 487,500 · Oct 2009October 2009 | 89,000 /yr | |
| 2410 | 2-bed | 1,546 sqft | AED 1.86MAED 1,860,000 · Nov 2017November 2017 | 110,000 /yr | |
| 2411 | 2-bed | 1,546 sqft | AED 1.52MAED 1,515,000 · Feb 2016February 2016 | ||
| 2412 | 1-bed | 1,396 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | 120,000 /yr | |
| 2414 | Studio | 420 sqft | AED 285KAED 285,000 · Jun 2010June 2010 | 54,600 /yr | |
| 2415 | Studio | 420 sqft | AED 715KAED 715,000 · Jul 2016July 2016 | 47,300 /yr | |
| 2416 | Studio | 420 sqft | AED 285KAED 285,000 · Dec 2012December 2012 | 46,200 /yr | |
| 2417 | Studio | 420 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | 49,182 /yr | |
| 2418 | 415 sqft | AED 815KAED 815,000 · Jan 2026January 2026 | 40,000 /yr | ||
| 2420 | 1-bed | 855 sqft | AED 650KAED 650,000 · Aug 2022August 2022 | 77,000 /yr |
2407, Lake View Tower in numbers
- Sold twice: first on 11 February 2010 for AED 285,000, last on 15 February 2010 for AED 430,000 (AED 1,023 per sqft).
- Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2020 and recovered to AED 53,000 by August 2025.
- At AED 53,000 a year the gross yield on the 2010 price is 12.3%, 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 30 August 2025.
Questions about 2407, Lake View Tower
What did unit 2407 last sell for?
AED 430,000 on 15 February 2010: AED 1,023 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 285,000 in February 2010.
What is the rent for unit 2407?
AED 53,000 a year on the contract signed on 30 August 2025. The previous contract, from June 2025, was AED 52,000; the unit has been rented since August 2014.
How big is unit 2407?
420 sqft (39.0 sqm): a studio on the 24th floor of a 36-storey tower completed in 2009.
What is unit 2407 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 2407, Lake View Tower
Starts from the last sale price (AED 430K, 15 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 430,000
- Deposit, UAE resident (20%)
- AED 86,000
- Deposit, non-resident (40%)
- AED 172,000
- Monthly over 25 years at 3.7%
- AED 1,759
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →