Green Lakes S2
A 1 bed in Green Lakes S2 costs a median AED 1.48M and returns 7.0% short-term at the assumed 70% occupancy.
1 bed · typical price
1.48MAED
AED 1,544/sqft · +4.7% on a year
- vs Jumeirah Lake Towers
- 0% above the median
Cost to buy, all inAED 1.57M
- Price
- AED 1.48M
- DLD fee 4%
- AED 59,000
- Agent 2% + VAT
- AED 30,975
- Trustee
- AED 4,200
Is Green Lakes S2 a good investment?Prices rising, with nothing to watch; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?1 bed: AED 1,475/sqft a year ago, 1,544 now+4.7%Strength
- How fast do fees pay back?AED 94,175 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 94,175
- Can I sell easily?13 sales in 12 months (26 the year before)13
- Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
- Did earlier buyers gain?Up 60% for buyers 5 years ago, before fees+60.0%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Green Lakes S2 prices and rents by unit typeA one-bed costs about AED 1.48M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jumeirah Lake Towers · area median AED 1,544/sqft
- 12-month change
- +4.7%
- 3 years
- +24.9% · +7.7%/yr
- 5 years
- +60.2% · +9.9%/yr
- vs area median
- 0.0%
- Rank by price per sqft
- 29th of 57
Short-term income
1 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 554
- Net revenue
- AED 103,585/yr
- Listings seen
- 28+
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Sep 2009, AED 806,157; latest, Oct 2026, AED 1,098,760; peak, Jan 2015, AED 1,725,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,508 · before fees
- 5 years ago
- 943
- +60%
- 19 sales
- 3 years ago
- 1,237
- +22%
- 26 sales
- Previous 12 months
- 1,489
- +1%
- 26 sales
- Last 12 months
- 1,508
- today
- 13 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
13 resales in the last 12 months, against 25 a year on average over 2023–2025.
13 resales in the last 12 months.
Short-term rates around Green Lakes S2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Jumeirah Lake Towers
Every Jumeirah Lake Towers building with a page, ranked by price per sqft over the same 12 months, all unit types. Green Lakes S2 places 35th of 67; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Green Lakes S2 (AED 1,508/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Green Lakes S2 has registered sale prices 0% above the Jumeirah Lake Towers median price per square foot of 1,544 AED, across 57 eligible buildings. It ranks 29th of 57 by price per square foot in Jumeirah Lake Towers.
Market context in Jumeirah Lake Towers
Registered sales activity
885 ready apartment sales in the 12 months to 2026-10-12.
+2.9% in median AED/sqft versus the preceding year, supported by 885 current and 1,483 prior price observations.
Explore sales activityPlanned apartment projects
1,600 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
8 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today.
Ready prices per sqft fell in 25% of 68 buildings (counted once per bedroom type) in Jumeirah Lake Towers with sales in both years; the typical one moved +4.7%.
New-lease rents fell in 65% of 55 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Green Lakes S2
Green Lakes S2 is an apartment building in Jumeirah Lake Towers. 196 sales are registered with the Dubai Land Department.
Drive times · typical
- Downtown
- 23 min · 23 km
- DXB Airport
- 28 min · 37 km
- DIFC
- 20 min · 26 km
- Dubai Marina
- 13 min · 7.6 km
- Palm Jumeirah
- 19 min · 14 km
Nearest, as registered
- Metro
- Damac Properties
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Green Lakes S2: AED 1,508 per sq ft, 1% below the median Jumeirah Lake Towers building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Green Lakes S2AED 1,508
- Jumeirah Lake Towers, readyAED 1,443
- Jumeirah Lake Towers, off-planAED 2,940
- Dubai, readyAED 1,421
Nearby in Jumeirah Lake Towers
Prices per sq ft around Green Lakes S2, on the mapPrices per sq ft around Green Lakes S2, on the map
Uh East by Ellington
Jumeirah Lake Towers · 57 sales, 12 months
1.76M
AED, resale median · 1,905/sqft
Uh West by Ellington
Jumeirah Lake Towers · 55 sales, 12 months
1.88M
AED, resale median · 1,923/sqft
MBL Royal
Jumeirah Lake Towers · 39 sales, 12 months
2.00M
AED, resale median · 1,954/sqft
Concorde Tower 1
Jumeirah Lake Towers · 34 sales, 12 months
1.08M
AED, resale median · 1,254/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerNot on record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Green Lakes S2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Green Lakes S2?
- No gross yield is published for Green Lakes S2 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 6 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Lake Towers median is 6.8% gross.
- How much does a 1 bedroom in Green Lakes S2 cost?
- The median registered sale price is AED 1.48M (1,544 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Green Lakes S2 selling for right now?
- Registered sales of ready units in Green Lakes S2 over the last 12 months have a median of 1,544 AED/sqft, across 6 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Green Lakes S2 risen or fallen?
- Median price per square foot moved +4.7% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- Does Green Lakes S2 earn more short-term than long-let?
- A night asks a median of AED 554, which models to 7.0% net at an assumed 70% 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.
For agents
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Green Lakes S2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/jumeirah-lake-towers/green-lakes-s2
Cite as: Dubai Wealth Index. “Green Lakes S2 sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/green-lakes-s2
Stable dataJSON