Studio · 415 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2009

3211, Lake View Tower

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3211 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 477K8 November 2009
Current rentAED 30K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3211, Lake View Tower

What is 3211 worth today?

Last sold for AED 477,000 in 2009

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20 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
25 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 72 per sqft
25 Sep 2019RentedNew contract
AED 34,000/yr12 months · AED 82 per sqft
25 Aug 2018RentedRenewal
AED 55,786/yr12 months · AED 134 per sqft
25 Aug 2017RentedRenewal
AED 53,130/yr12 months · AED 128 per sqft
25 Aug 2016RentedRenewal
AED 53,130/yr12 months · AED 128 per sqft
25 Aug 2015RentedRenewal
AED 48,300/yr12 months · AED 116 per sqft
25 Aug 2014RentedRenewal
AED 42,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
32nd of 36
Parking
DMCC -1209
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 477K · November 2009

About 3211, Lake View Tower

3211 is a studio of 415 sqft on the 32nd floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. The developer sold it on 8 November 2009 for AED 477,000, or AED 1,149 per sqft, 35% above the AED 854 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 20 October 2021, is AED 30,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 7,500 a year.

Sales and rents for 3211 over time

Sales
Unit 3211, 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, November 2009: AED 477,000 (AED 1,149 per sqft)

3211 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3211, 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, August 2012: AED 38,000 a yearRenewal, August 2013: AED 40,000 a yearRenewal, August 2014: AED 42,000 a yearRenewal, August 2015: AED 48,300 a yearRenewal, August 2016: AED 53,130 a yearRenewal, August 2017: AED 53,130 a yearRenewal, August 2018: AED 55,786 a yearNew contract, September 2019: AED 34,000 a yearRenewal, September 2020: AED 30,000 a yearNew contract, October 2021: AED 30,000 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 3211 sits

All 236 studios →

3211 last sold in November 2009 at AED 1,149 per sqft, 35% above 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. 3211's AED 30,000 is at the bottom 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 32nd floor

All 497 units in Lake View Tower
Value
32011-bedAED 745K · Sep 2022
3202StudioAED 477K · Jun 2010
32031-bedAED 1.05M · Sep 2013
32041-bedAED 720K · Jan 2013
32051-bedAED 1M · Sep 2022
32062-bedAED 2M · Jun 2025
32072-bedAED 1.08M · Jun 2010
1–7 of 11

3211, Lake View Tower in numbers

  • Sold once: by DAMAC on 8 November 2009 for AED 477,000, or AED 1,149 per sqft.
  • Rented since August 2012 on 10 Ejari contracts, from AED 38,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 6.3%, 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 20 October 2021.

Questions about 3211, Lake View Tower

What did unit 3211 last sell for?

AED 477,000 on 8 November 2009, sold by the developer: AED 1,149 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 3211?

AED 30,000 a year on the contract signed on 20 October 2021. The previous contract, from September 2020, was AED 30,000; the unit has been rented since August 2012.

How big is unit 3211?

415 sqft (38.6 sqm): a studio on the 32nd floor of a 36-storey tower completed in 2009.

What is unit 3211 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 3211, Lake View Tower

Starts from the last sale price (AED 477K, 8 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 477,000
Deposit, UAE resident (20%)
AED 95,400
Deposit, non-resident (40%)
AED 190,800
Monthly over 25 years at 3.7%
AED 1,952

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