Lake City Tower

P1 — Delivered Ready Secondary
Developer Tiger Properties - Tiger Real Estate
Community Jumeirah Lake Towers
Property type Apartment
Data updated Mar 13, 2026

Lake City Tower is a Delivered development by Tiger Properties - Tiger Real Estate in Jumeirah Lake Towers. 422 units across 1 Bedroom (69%), Studio (15%), 2 Bedroom (15%). Over the trailing 12 months, 936 sales at a median of AED 990,000.

Key Metrics
Median Price
Value
AED 990,000
Change
14.1% YoY
Transactions
Value
936
Change
39 in period
Price / sqft
Value
AED 1,345
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 990,000
↑ 14.1% YoY
Transactions
936
↑ 39 in period
Price / sqft
AED 1,345
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
2.6%
Holding Period
Value
5.7 yrs
Liquidity
Value
9.2%
Price Dispersion
Value
13.4%
Ready Market Mix
Value
0.0%
Rental Activity
Value
53.8%
Capital Return
2.6%
Holding Period
5.7 yrs
Liquidity
9.2%
Price Dispersion
13.4%
Ready Market Mix
0.0%
Rental Activity
53.8%

Rental Performance

Rental Volume
Value
3,097
Avg Annual Rent
Value
AED 63,534
New Leases
Value
71.7%
Renewals
Value
28.3%
Rental Volume
3,097
Avg Annual Rent
AED 63,534
New Leases
71.7%
Renewals
28.3%

Unit Mix

By bedroom type
Studio 65 units · 15%
1 Bedroom 292 units · 69%
2 Bedroom 65 units · 15%

Transaction Breakdown

All time — 936 transactions
Ready Primary
422
Ready Secondary
514

Price History

Median Price — Lake City Tower

Median prices in Lake City Tower have declined significantly, down 21% to AED 750K over the past 12 months.

Recent Transactions

Showing last 10 of 936
Date Type Price (AED) Size (sqft) AED/sqft
Mar 13, 2026 RP Secondary 750,000 409 1,832
Feb 23, 2026 RP Secondary 900,000 728 1,234
Feb 19, 2026 RP Secondary 1,080,000 839 1,286
Feb 12, 2026 RP Secondary 725,000 409 1,771
Feb 11, 2026 RP Secondary 1,400,000 839 1,667
Feb 10, 2026 RP Secondary 1,000,000 728 1,371
Feb 09, 2026 RP Secondary 1,085,000 664 1,633
Jan 07, 2026 RP Secondary 1,080,000 859 1,256
Jan 07, 2026 RP Secondary 980,000 728 1,344
Dec 24, 2025 RP Secondary 799,200 672 1,188

This project is in Jumeirah Lake Towers

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