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Lake City Tower

A 1 bed in Lake City Tower costs a median AED 952,500, rents long-let for AED 75,000/yr (7.61% gross), and returns 17.76% short-let at the assumed 80% occupancy — +0.5 pts vs Jumeirah Lake Towers's 7.08% and +0.6 pts vs Dubai's 6.98% — from 66 sales and 195 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
20 in 12 months
Rental contracts · 1 bed
95 in 12 months
Buy
952,500AED
AED 1,262/sqft
Long-let
75,000AED
AED 96/sqft · 7.61%
Short-let
17.76%
AED 738/night · 0.96/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+0.5 pts
vs the Jumeirah Lake Towers median for this unit type
Turnover upside
+7.2%
new tenants pay more than sitting ones — 160 renewals
AED/yr/sqft
AED 96
Sales
66
Rental contracts
195
Renewal rent
AED 69,939/yr
12 months
+2.7%
3 years
+19.1%+6.0%/yr

Based on 66 sales and 195 rental contracts in the last 24 months.

Lake City Tower is an apartment building in Jumeirah Lake Towers, Dubai. The closest metro station is Jumeirah Lakes Towers, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 760 registered sales in all — the 66 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 55,5001347.99%
-0.0 pts
46
1 bedAED 75,000967.61%
+0.5 pts
195
2 bedAED 105,000847.00%
+0.6 pts
46

Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Lake City Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m5011.22AED 116,753AED 55,5002.1×17.56%6+
1 bed7380.96AED 169,148AED 75,0002.3×17.76%4+
2 bed500m9690.79AED 218,641AED 105,0002.1×15.62%6+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.61 AED/night/sqft; latest Sep 2027, 0.57 AED/night/sqft; peak Dec 2026, 1.04 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Lake City Tower itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

30 resales in the last 12 months, against 49 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
5 Aug 20261 bed860AED 1,280,0001,489
8 Jun 20261 bed840AED 985,0001,173
4 Jun 20261 bed730AED 950,0001,302

3 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
15 Oct 20261 bed664AED 55,00083Renewal
1 Sept 20261 bed734AED 60,00082New
25 Aug 20261 bed729AED 60,00082New
22 Aug 2026Studio409AED 55,000134New
22 Aug 20261 bed734AED 65,00089Renewal
21 Aug 2026Studio409AED 48,510119Renewal
20 Aug 20261 bed664AED 80,000120New
10 Aug 20261 bed664AED 67,000101New
10 Aug 20261 bed840AED 67,00080New
9 Aug 2026Studio409AED 48,000117New
7 Aug 2026Studio409AED 45,000110New
7 Aug 20261 bed730AED 70,00096New
6 Aug 20261 bed860AED 80,00093Renewal
5 Aug 20262 bed1,243AED 105,00084New
3 Aug 20261 bed736AED 65,00088New
1 Aug 20261 bed729AED 72,00099New
1 Aug 20261 bed840AED 75,00089New
1 Aug 2026Studio409AED 51,975127Renewal
1 Aug 20261 bed729AED 70,00096Renewal
1 Aug 20261 bed664AED 58,00087New
1 Aug 20261 bed664AED 66,00099New
31 Jul 20261 bed860AED 65,00076New
30 Jul 20261 bed730AED 75,000103Renewal
27 Jul 20261 bed664AED 65,00098New
27 Jul 20261 bed729AED 65,00089New
24 Jul 20262 bed1,243AED 48,00039New
21 Jul 20261 bed664AED 66,625100Renewal
20 Jul 20261 bed840AED 75,00089Renewal
20 Jul 2026Studio409AED 45,000110New
20 Jul 20261 bed664AED 75,000113Renewal
16 Jul 20261 bed664AED 62,00093New
15 Jul 2026Studio409AED 48,000117New
14 Jul 2026Studio409AED 52,000127New
11 Jul 20261 bed664AED 61,00092Renewal
10 Jul 20261 bed840AED 66,41279Renewal
8 Jul 20261 bed738AED 70,00095Renewal
5 Jul 20261 bed729AED 62,00085Renewal
3 Jul 20261 bed664AED 85,000128Renewal
1 Jul 20261 bed840AED 75,00089New
1 Jul 2026Studio409AED 45,000110New
30 Jun 20261 bed734AED 75,000102Renewal
30 Jun 20262 bed1,243AED 110,00088Renewal
29 Jun 20261 bed840AED 81,54797Renewal
25 Jun 20261 bed860AED 90,000105Renewal
13 Jun 20261 bed860AED 82,00095New
10 Jun 20261 bed729AED 61,10084Renewal
9 Jun 20261 bed860AED 75,00087New
7 Jun 20261 bed664AED 70,000105New
5 Jun 20262 bed1,245AED 100,00080New

49 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
36
Flats
422
Lifts
5
Parking bays
131
Swimming pools
1
Flats per lift
84.4
Parking per flat
0.31
Pools per 100 flats
0.24

Nearby

Metro
Jumeirah Lakes Towers
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.

Common questions

What is the rental yield in Lake City Tower?
Lake City Tower returns 7.61% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 195 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Lake City Tower cost?
The median registered sale price is AED 952,500 (1,234 AED/sqft), from 66 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Lake City Tower selling for right now?
Registered sales of ready units in Lake City Tower over the last 6 months have a median of 1,262 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Lake City Tower risen or fallen?
Median price per square foot moved +10.3% over the last 12 months against the 12 before it, on 66 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Lake City Tower compare with Jumeirah Lake Towers?
Its 7.61% gross yield sits +0.5 pts against the Jumeirah Lake Towers median of 7.08%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Lake City Tower rental record

Record type
Building-level property market record
Data date
Evidence base
195 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/jumeirah-lake-towers/lake-city-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Lake City Tower rents and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-lake-towers/lake-city-tower.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.