Lake View Tower

P1 — Delivered Ready Secondary
Developer Damac Properties
Community Jumeirah Lake Towers
Property type Apartment
Data updated Mar 16, 2026

Lake View Tower is a Delivered development by Damac Properties in Jumeirah Lake Towers. 508 units across Studio (48%), 1 Bedroom (36%), 2 Bedroom (14%). Over the trailing 12 months, 1,164 sales at a median of AED 1,032,500.

Key Metrics
Median Price
Value
AED 1,032,500
Change
6.1% YoY
Transactions
Value
1,164
Change
50 in period
Price / sqft
Value
AED 1,405
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,032,500
↓ 6.1% YoY
Transactions
1,164
↑ 50 in period
Price / sqft
AED 1,405
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
5.5%
Holding Period
Value
5.7 yrs
Liquidity
Value
9.8%
Price Dispersion
Value
22.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
59.6%
Capital Return
5.5%
Holding Period
5.7 yrs
Liquidity
9.8%
Price Dispersion
22.0%
Ready Market Mix
0.0%
Rental Activity
59.6%

Rental Performance

Rental Volume
Value
4,160
Avg Annual Rent
Value
AED 62,755
New Leases
Value
63.1%
Renewals
Value
36.9%
Rental Volume
4,160
Avg Annual Rent
AED 62,755
New Leases
63.1%
Renewals
36.9%

Unit Mix

By bedroom type
Penthouse 11 units · 2%
Studio 244 units · 48%
1 Bedroom 183 units · 36%
2 Bedroom 70 units · 14%

Transaction Breakdown

All time — 1164 transactions
Ready Primary
510
Ready Secondary
654

Price History

Median Price — Lake View Tower

Median prices in Lake View Tower have risen sharply, up 108% from AED 960K to AED 2.0M over the past 12 months.

Recent Transactions

Showing last 10 of 1164
Date Type Price (AED) Size (sqft) AED/sqft
Mar 16, 2026 RP Secondary 2,000,000 1,409 1,419
Feb 23, 2026 RP Secondary 1,025,000 854 1,198
Feb 16, 2026 RP Secondary 650,000 420 1,547
Feb 10, 2026 RP Secondary 1,655,000 1,354 1,222
Feb 10, 2026 RP Secondary 898,000 420 2,138
Feb 04, 2026 RP Secondary 1,040,000 830 1,251
Jan 26, 2026 RP Secondary 730,000 416 1,754
Jan 07, 2026 RP Secondary 1,550,000 1,216 1,273
Jan 05, 2026 RP Secondary 815,000 414 1,964
Dec 25, 2025 RP Secondary 815,000 420 1,940

This project is in Jumeirah Lake Towers

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