Lake City Tower property prices & sales
Lake City Tower at a glance written from registered records
Lake City Tower recorded 29 registered sales in the last 12 months, worth AED 31.22M in total. The median price was AED 1,302 per sq ft, up 0.5% on the previous 12 months, and the median sale price was AED 1.03M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 239 rental contracts registered in the same period, the median annual rent was AED 72,000, an indicative gross yield of 7.0%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 19 | 1,302 | AED 1.04M |
| 2025 | 48 | 1,303 | AED 950,000 |
| 2024 | 66 | 1,053 | AED 777,500 |
| 2023 | 44 | 1,016 | AED 725,000 |
| 2022 | 32 | 807 | AED 572,162 |
| 2021 | 24 | 696 | AED 511,000 |
| 2020 | 19 | 698 | AED 475,000 |
| 2019 | 12 | 805 | AED 565,000 |
| 2018 | 19 | 900 | AED 720,000 |
| 2017 | 32 | 1,100 | AED 905,000 |
| 2016 | 39 | 1,056 | AED 925,000 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 1 B/R | 54 | AED 908,750 | AED 979,541 | AED 1.08M | 1,281 | 787 sq ft |
| Studio | 15 | AED 650,000 | AED 665,000 | AED 690,000 | 1,625 | 409 sq ft |
| 2 B/R | 10 | AED 1.36M | AED 1.42M | AED 1.54M | 1,168 | 1,245 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-10 | Unit | 2 B/R | Lake City Tower | 1,245 | AED 1,400,000 | 1,124 |
| 2026-08-05 | Unit | 1 B/R | Lake City Tower | 860 | AED 1,280,000 | 1,489 |
| 2026-06-08 | Unit | 1 B/R | Lake City Tower | 840 | AED 985,000 | 1,173 |
| 2026-06-04 | Unit | 1 B/R | Lake City Tower | 730 | AED 950,000 | 1,302 |
| 2026-05-22 | Unit | 1 B/R | Lake City Tower | 840 | AED 1,044,426 | 1,244 |
| 2026-05-22 | Unit | 1 B/R | Lake City Tower | 840 | AED 979,082 | 1,166 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Lake City Tower
What is the average price per sq ft in Lake City Tower?
Over the last 12 months the median registered sale price in Lake City Tower was AED 1,302 per sq ft (+0.5% year on year).
What is the rental yield in Lake City Tower?
Comparing the median annual rent (AED 72,000) with the median sale price (AED 1,035,000) over the last 12 months gives an indicative gross yield of 7.0%.
How many properties sold in Lake City Tower in the last 12 months?
29 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Lake City Tower?
The median annual rent across 239 contracts registered in the last 12 months was AED 72,000.
Comparables in DMCC Master Community 12m
Lake City Tower ranks #52 of 65 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Hilton Residences Dubai Jumeirah Lakes Towers | 65 | 3,102 |
| Jumeirah Business Centre1 | 57 | 2,643 |
| Mercer House | 57 | 2,623 |
| Saba 4 | 55 | 2,535 |
| Diamondz By Danube | 134 | 2,446 |
| MBL Signature | 123 | 2,283 |
| Uh East By Ellington | 62 | 1,931 |
| Uh West By Ellington | 58 | 1,931 |
| Ag Tower | 60 | 1,683 |
| Dubai Star | 54 | 1,465 |
| Lake City Tower | 29 | 1,302 |
| Armada Towers | 61 | 1,279 |
| Seven City Jlt | 112 | 1,258 |
Project record
| Developer | Tiger Properties |
| Status | Finished |
| Completion | 100% |
| Handover | 2008-09-23 |
| Units | 443 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
