Project · #2045 by 12M value
Lake City Tower
Market bulletin · Thu, 22 Oct 2026
Lake City Tower: 1 sales worth AED 1.42M in 30 days
Lake City Tower recorded 1 sale worth AED 1.42M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.42M), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Lake Towers, Lake City Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Tiger Properties - Tiger Real Estate.
Leases registered in the last three months had a median annual rent of AED 66K. The best gross yield is on 2 BR apartments at about 7.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 879 |
| Aug 25 | AED 1,332 |
| Jul 25 | AED 1,310 |
| Jun 25 | AED 1,475 |
| May 25 | — |
| Apr 25 | AED 1,302 |
| Mar 25 | AED 1,155 |
| Feb 25 | — |
| Jan 25 | AED 1,457 |
| Dec 24 | AED 1,207 |
| Nov 24 | AED 1,182 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 3 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 4 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.42M | — | — |
| Last 3 months | 2 | down 60.0% | AED 2.69M | — | — |
| Last 6 months | 7 | down 58.8% | AED 7.89M | 1,280 | down 4.8% |
| Last 12 months | 24 | down 73.3% | AED 26.6M | 1,317 | up 6.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 24 | 100% | AED 1.08M | 1,317 | up 6.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 13% | — | — | — |
| 1 bedroom | 16 | 67% | AED 1.08M | 1,294 | up 3.7% |
| 2 bedrooms | 5 | 21% | AED 1.50M | 1,202 | up 26.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 24 | 100% | AED 1.08M | 1,317 | up 6.3% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 60K |
| Sept 26 | AED 69K |
| Aug 26 | AED 67K |
| Jul 26 | AED 65K |
| Jun 26 | AED 73K |
| May 26 | AED 85K |
| Apr 26 | AED 68K |
| Mar 26 | AED 75K |
| Feb 26 | AED 78K |
| Jan 26 | AED 75K |
| Dec 25 | AED 75K |
| Nov 25 | AED 75K |
| Oct 25 | AED 70K |
| Sept 25 | AED 70K |
| Aug 25 | AED 67K |
| Jul 25 | AED 72K |
| Jun 25 | AED 69K |
| May 25 | AED 65K |
| Apr 25 | AED 70K |
| Mar 25 | AED 74K |
| Feb 25 | AED 75K |
| Jan 25 | AED 72K |
| Dec 24 | AED 67K |
| Nov 24 | AED 71K |
- Leases (12M)
- 281
- New leases
- 57.3%
- Median rent 3M
- AED 66K
- Rent/sqft 3M
- AED 95
| 1 BR apartments | AED 72K / AED 1.08M | 6.7% |
|---|---|---|
| 2 BR apartments | AED 110K / AED 1.50M | 7.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 52 | AED 57K | AED 58K | 138 |
| 1 BR | 149 | AED 72K | AED 75K | 93 |
| 2 BR | 25 | AED 110K | AED 115K | 88 |
Competing projects in Jumeirah Lake Towers
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Diamondz By DanubeDanube Properties | 113 | 2,765 | — |
| MBL SignatureMAG Property Development | 96 | 1,941 | — |
| Saba Towers 4SABA Properties JLT | 40 | 2,542 | — |
| Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development | 57 | 3,600 | — |
| Upper House EastEllington Properties Development | 42 | 1,898 | — |
| Upper House WestEllington Properties Development | 40 | 1,874 | — |
| Golf Views Seven City - Seven City JLTSeven Tides International | 94 | 1,133 | — |
| Mercer House South TowerEllington Properties Development | 18 | 2,547 | — |
| MBL RoyalMAG Property Development | 22 | 1,854 | — |
| Verde by SobhaSobha Real Estate | 24 | 2,132 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.42M | 2 BR Apartment · 1,243 sqftLake City Tower · Jumeirah Lake Towers | 22 Oct |
| AED 1.28M | 1 BR Apartment · 860 sqftLake City Tower · Jumeirah Lake Towers | 5 Aug |
Questions about Lake City Tower
How many properties were sold in Lake City Tower in the last year?
24 sales worth AED 26.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Lake City Tower?
The median annual rent on leases registered in the last three months was AED 66K, and the best gross rental yield is about 7.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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