Lakeshore Tower 1
A 2 bed in Lakeshore Tower 1 costs a median AED 1.72M, rents long-let for AED 122,000/yr (6.42% gross), and returns 13.95% short-let at the assumed 80% occupancy — +0.0 pts vs Jumeirah Lake Towers's 6.42% and -0.5 pts vs Dubai's 6.97% — from 36 sales and 65 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 9 in 12 months
- Rental contracts · 2 bed
- 30 in 12 months
- Buy
- 1.72MAED
- AED 1,270/sqft
- Long-let
- 6.42%
- AED 122,000/yr
- Short-let
- 13.95%
- AED 1,074/night · 0.72/sqft
Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off 3 sales in the last 3 months.
- Yield spread
- +0.0 pts
- vs the Jumeirah Lake Towers median for this unit type
- Turnover upside
- +6.1%
- new tenants pay more than sitting ones — 86 renewals
- AED/yr/sqft
- AED 87
- Sales
- 36
- Rental contracts
- 65
- Renewal rent
- AED 115,000/yr
- 12 months
- +10.5%
- 3 years
- +41.5%+12.3%/yr
- 5 years
- +90.0%+13.7%/yr
Based on 36 sales and 65 rental contracts in the last 24 months. Rental data covers the whole Lake Shore Tower project, not this tower alone.
Lakeshore Tower 1 is an apartment building in Jumeirah Lake Towers, Dubai, one of the towers in the Lake Shore Tower development. 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, 658 registered sales in all — the 36 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Lakeshore Tower 1, by year.
Chart data: Jan 2015, 1127 AED/sqft; latest, Jul 2026, 1342 AED/sqft; peak, Jul 2026, 1342 AED/sqft.
Yield by bedroom type
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
Short-let rates around Lakeshore Tower 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Lakeshore Tower 1 between 2009 and 2010 went for a median of AED 768/sqft (AED 791,080). The same building resells today at AED 1,146/sqft (AED 1.40M) — an uplift of +77.0%.
Based on 380 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
20 resales in the last 12 months, against 41 a year on average over 2023–2025.
Sales
6 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
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
- 46
- Flats
- 399
- Lifts
- 4
- Parking bays
- 184
- Swimming pools
- 1
- Flats per lift
- 99.75
- Parking per flat
- 0.46
- Pools per 100 flats
- 0.25
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.
- Highest rental yields in Jumeirah Lake Towers · Lakeshore Tower 1 places 27th of 31
Common questions
- What is the rental yield in Lakeshore Tower 1?
- Lakeshore Tower 1 returns 6.42% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 65 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Lakeshore Tower 1 cost?
- The median registered sale price is AED 1.72M (1,153 AED/sqft), from 36 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Lakeshore Tower 1 selling for right now?
- Registered sales of ready units in Lakeshore Tower 1 over the last 12 months have a median of 1,270 AED/sqft, across 9 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 Lakeshore Tower 1 risen or fallen?
- Median price per square foot moved +10.5% over the last 12 months against the 12 before it, on 36 registered sales. On a sample this size, read the direction rather than the exact figure.
- Does Lakeshore Tower 1 earn more short-let than long-let?
- A night asks a median of AED 1,074, which models to 13.95% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.42% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Lakeshore Tower 1 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 36 registered sales 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
- /sale/apartments/dubai/jumeirah-lake-towers/lakeshore-tower-1
Cite as: Dubai Wealth Index. “Lakeshore Tower 1 sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/lakeshore-tower-1.
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.