Studio · 416 sqftLake View Tower, Jumeirah Lake Towers (JLT) · 8th floor · completed 2009

803, Lake View Tower

Sold prices and rental history: sold twice, last in November 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 1 February 2019
Last soldAED 765K13 November 2014
Current rentAED 45K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Lake View Tower

What is 803 worth today?

Last sold for AED 765,000 in 2014

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1 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
8 Jan 2018RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
5 Dec 2014RentedNew contract
AED 63,000/yr12 months · AED 150 per sqft
13 Nov 2014SoldReady
AED 765,000AED 1,838 per sqft
13 Oct 2014Sold by developerReady
AED 223,000AED 536 per sqft

Source: Dubai Land Department. Updated 1 February 2019.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
8th of 36
Parking
nan
Developer
DAMAC
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 765K · November 2014

About 803, Lake View Tower

803 is a studio of 416 sqft on the 8th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 13 November 2014 for AED 765,000, or AED 1,838 per sqft, 13% above the AED 1,623 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 February 2019, is AED 45,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 7,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, October 2014: AED 223,000 (AED 536 per sqft)Sold, November 2014: AED 765,000 (AED 1,838 per sqft)

803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 803, 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, December 2014: AED 63,000 a yearNew contract, January 2018: AED 52,000 a yearNew contract, February 2019: AED 45,000 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 803 sits

All 236 studios →

803 last sold in November 2014 at AED 1,838 per sqft, 13% above what studios in Lake View Tower were fetching at the time (AED 1,623). 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. 803's AED 45,000 is in the lower half 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 8th floor

All 497 units in Lake View Tower
Value
8011-bedAED 494K · Sep 2010
804StudioAED 323K · Apr 2013
805StudioAED 490K · Jun 2023
806StudioAED 350K · Jun 2010
807StudioAED 273K · Jun 2010
8091-bedAED 891K · Sep 2013
8102-bedAED 1.4M · Jul 2013
1–7 of 15

803, Lake View Tower in numbers

  • Sold twice: first on 13 October 2014 for AED 223,000, last on 13 November 2014 for AED 765,000 (AED 1,838 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 63,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 5.9%, 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 1 February 2019.

Questions about 803, Lake View Tower

What did unit 803 last sell for?

AED 765,000 on 13 November 2014: AED 1,838 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 223,000 in October 2014.

What is the rent for unit 803?

AED 45,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2018, was AED 52,000; the unit has been rented since December 2014.

How big is unit 803?

416 sqft (38.6 sqm): a studio on the 8th floor of a 36-storey tower completed in 2009.

What is unit 803 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 803, Lake View Tower

Starts from the last sale price (AED 765K, 13 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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