617, Lake View Tower
Sold prices and rental history: sold twice, last in January 2013, 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 617, Lake View Tower
What is 617 worth today?
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Source: Dubai Land Department. Updated 5 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 6th of 36
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 495K · January 2013
- Building
- Lake View Tower
About 617, Lake View Tower
617 is a studio of 420 sqft on the 6th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 16 January 2013 for AED 495,000, or AED 1,178 per sqft, 24% above the AED 951 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 May 2025, is AED 48,400 a year: a gross yield of 9.8% on the 2013 price, before the service charge of about AED 7,500 a year.
Sales and rents for 617 over time
617 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 617 sits
All 236 studios →617 last sold in January 2013 at AED 1,178 per sqft, 24% above what studios in Lake View Tower were fetching at the time (AED 951). 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. 617's AED 48,400 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 6th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 855 sqft | AED 534KAED 534,000 · Aug 2010August 2010 | 70,350 /yr | |
| 603 | Studio | 416 sqft | AED 430KAED 430,000 · Dec 2019December 2019 | 68,000 /yr | |
| 604 | Studio | 420 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 65,000 /yr | |
| 605 | Studio | 420 sqft | AED 680KAED 680,000 · Jul 2023July 2023 | 40,000 /yr | |
| 606 | Studio | 420 sqft | AED 610KAED 610,000 · Aug 2013August 2013 | 30,000 /yr | |
| 607 | Studio | 420 sqft | AED 273KAED 273,000 · Nov 2009November 2009 | 49,505 /yr | |
| 609 | 1-bed | 1,373 sqft | AED 832KAED 832,000 · Jun 2010June 2010 | 88,000 /yr | |
| 610 | 2-bed | 1,388 sqft | AED 1.01MAED 1,010,000 · Jul 2010July 2010 | 108,000 /yr | |
| 611 | 2-bed | 1,388 sqft | AED 960KAED 960,000 · Sep 2010September 2010 | 98,337 /yr | |
| 612 | 1-bed | 1,373 sqft | AED 670KAED 670,000 · May 2012May 2012 | 71,400 /yr | |
| 614 | Studio | 420 sqft | AED 730KAED 730,000 · Sep 2014September 2014 | 48,000 /yr | |
| 615 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 44,623 /yr | |
| 616 | Studio | 420 sqft | AED 323KAED 323,000 · Jun 2010June 2010 | 45,540 /yr | |
| 618 | Studio | 416 sqft | AED 300KAED 300,000 · Mar 2011March 2011 | 60,000 /yr | |
| 620 | 1-bed | 855 sqft | AED 584KAED 584,000 · Jun 2010June 2010 | 86,000 /yr |
617, Lake View Tower in numbers
- Sold twice: first on 1 March 2012 for AED 273,000, last on 16 January 2013 for AED 495,000 (AED 1,178 per sqft).
- Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 27,000 in 2021 and recovered to AED 48,400 by May 2025.
- At AED 48,400 a year the gross yield on the 2013 price is 9.8%, 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 5 May 2025.
Questions about 617, Lake View Tower
What did unit 617 last sell for?
AED 495,000 on 16 January 2013: AED 1,178 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 273,000 in March 2012.
What is the rent for unit 617?
AED 48,400 a year on the contract renewed on 5 May 2025. The previous contract, from May 2024, was AED 48,400; the unit has been rented since June 2014.
How big is unit 617?
420 sqft (39.0 sqm): a studio on the 6th floor of a 36-storey tower completed in 2009.
What is unit 617 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 617, Lake View Tower
Starts from the last sale price (AED 495K, 16 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →