{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/shops/jumeirah-lake-towers/mag-214","canonicalUrl":"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/mag-214","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/mag-214","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “MAG 214 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/mag-214","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/mag-214). “MAG 214 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/shops/jumeirah-lake-towers/mag-214\">Dubai Wealth Index</a>. “MAG 214 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"shop","assetClassLabel":"Shops","area":{"name":"Jumeirah Lake Towers","slug":"jumeirah-lake-towers","dldAreaId":"350"},"building":{"name":"MAG 214","slug":"mag-214"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial sales","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"leases":{"name":"Ejari physical-unit lease contracts","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-12"},"registeredUnits":{"name":"DLD unit register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"registeredBuildings":{"name":"DLD building register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"projects":{"name":"DLD project register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-07-06"},"serviceCharges":{"name":"RERA/Mollak approved service charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":2362.45,"medianRentPsf":null,"grossYieldPct":null,"serviceChargePsf":null,"yieldAfterServiceChargePct":null,"sales12m":4,"newLeases12m":0,"priorNewLeases12m":0,"leasingDemandChangePct":null,"registeredStock":null,"totalStock":null,"liquidityPct":null,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"sale_psf","month":"2008-08-01","value":1665.08,"recordCount":2},{"metric":"sale_psf","month":"2008-09-01","value":3069.32,"recordCount":1},{"metric":"sale_psf","month":"2009-02-01","value":1649.99,"recordCount":7},{"metric":"sale_psf","month":"2009-04-01","value":1832.68,"recordCount":2},{"metric":"sale_psf","month":"2009-05-01","value":1664.98,"recordCount":2},{"metric":"sale_psf","month":"2009-07-01","value":1664.96,"recordCount":2},{"metric":"sale_psf","month":"2010-12-01","value":1664.91,"recordCount":2},{"metric":"sale_psf","month":"2011-03-01","value":1818.06,"recordCount":2},{"metric":"sale_psf","month":"2011-08-01","value":1664.96,"recordCount":1},{"metric":"sale_psf","month":"2011-10-01","value":1827.05,"recordCount":1},{"metric":"sale_psf","month":"2011-11-01","value":1664.95,"recordCount":5},{"metric":"sale_psf","month":"2012-02-01","value":850.04,"recordCount":1},{"metric":"sale_psf","month":"2012-05-01","value":1649.97,"recordCount":4},{"metric":"sale_psf","month":"2013-03-01","value":1899.54,"recordCount":1},{"metric":"sale_psf","month":"2013-06-01","value":2222.09,"recordCount":1},{"metric":"sale_psf","month":"2013-12-01","value":1999.93,"recordCount":1},{"metric":"sale_psf","month":"2014-01-01","value":1919.95,"recordCount":2},{"metric":"sale_psf","month":"2014-06-01","value":1928.48,"recordCount":1},{"metric":"sale_psf","month":"2015-05-01","value":2045.43,"recordCount":1},{"metric":"sale_psf","month":"2016-09-01","value":1245.07,"recordCount":2},{"metric":"sale_psf","month":"2017-03-01","value":1305.95,"recordCount":1},{"metric":"sale_psf","month":"2017-09-01","value":1845.76,"recordCount":1},{"metric":"sale_psf","month":"2017-12-01","value":1288.53,"recordCount":1},{"metric":"sale_psf","month":"2020-03-01","value":1491.7,"recordCount":1},{"metric":"sale_psf","month":"2023-04-01","value":1537.67,"recordCount":1},{"metric":"sale_psf","month":"2024-08-01","value":2366.02,"recordCount":1},{"metric":"sale_psf","month":"2025-07-01","value":2199.36,"recordCount":1},{"metric":"sale_psf","month":"2025-11-01","value":1786.15,"recordCount":1},{"metric":"sale_psf","month":"2025-12-01","value":2482.38,"recordCount":1},{"metric":"sale_psf","month":"2026-06-01","value":3495.75,"recordCount":1},{"metric":"sale_psf","month":"2026-09-01","value":2242.52,"recordCount":1}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}