How much does a 2 bedroom in Green Lakes S1 cost?

The median registered sale price is AED 2.33M (1,440 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Green Lakes S1 selling for right now?

Registered sales of ready units in Green Lakes S1 over the last 12 months have a median of 1,581 AED/sqft, across 7 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 Green Lakes S1 risen or fallen?

Median price per square foot moved +10.9% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Green Lakes S1 earn more short-let than long-let?

A night asks a median of AED 759, which models to 6.88% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

How many apartments change hands in Green Lakes S1?

30 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Green Lakes S1 — sale prices & yield | Jumeirah Lake Towers, Dubai

Buy: 2.33MAED; AED 1,581/sqft
Short-let: 6.88%; AED 759/night · 0.47/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent February 2026.

AED/yr/sqft: —
Sales: 30
Rental contracts: 0
Short-let listings seen: 7+

12 months: +10.9%
3 years: +43.3%+12.7%/yr
5 years: +87.1%+13.4%/yr

Based on 30 sales and 0 rental contracts in the last 24 months.

Green Lakes S1 is an apartment building in Jumeirah Lake Towers, Dubai. The closest metro station is Damac Properties, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 418 registered sales in all — the 30 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Green Lakes S1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 1.50M	1514	—	+5.3%	21
2 bed	AED 2.33M	1440	—	+10.9%	30
3 bed	AED 3.55M	1652	—	+8.8%	2

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 Green Lakes S1

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	556	0.56	AED 120,574	—	—	8.04%	3+
2 bed500m	759	0.47	AED 160,069	—	—	6.88%	7+

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.

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 Green Lakes S1 itself had too few listings of that type to measure.

Recent transactions

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

17 resales in the last 12 months, against 28 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
22 Jul 2026	1 bed	990	AED 1,200,000	1,212
9 Jul 2026	1 bed	979	AED 1,450,000	1,482

2 resales in the last 3 months.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

Nearby

Metro: Damac Properties
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

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

Common questions

How much does a 2 bedroom in Green Lakes S1 cost?: The median registered sale price is AED 2.33M (1,440 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Green Lakes S1 selling for right now?: Registered sales of ready units in Green Lakes S1 over the last 12 months have a median of 1,581 AED/sqft, across 7 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 Green Lakes S1 risen or fallen?: Median price per square foot moved +10.9% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Green Lakes S1 earn more short-let than long-let?: A night asks a median of AED 759, which models to 6.88% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
How many apartments change hands in Green Lakes S1?: 30 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Green Lakes S1