Lake City Tower — sale prices & transaction history
The Land Department sale record for Lake City Tower in Jumeirah Lake Towers — a register with no off-plan sales in it at all, by bedroom count, most recent four months first.
Last verified 2026-09-16 · How we compute these numbers
- Recorded transactions
- 934
- Register
- Entirely secondary
- First recorded sale
- 29 July 2009
- Most recent
- 5 August 2026
Median across 8 secondary-market sales, 8 May 2026 to 8 September 2026. Median price AED 1,039,713.
Dubai Land Department transaction register, records through 8 September 2026. Recomputed on every page load.
Lake City Tower's register holds no off-plan registrations. Every sale the Land Department has recorded here since 2009 is a completed unit changing hands between owners, which makes it one of the purest resale markets we publish anywhere — and resale is the market a buyer looking for a motivated seller is actually shopping in.
The building is built around one-bedroom apartments, which account for the clear majority of its sales, with smaller studio and two-bedroom tiers either side. That weighting is what makes its one-bedroom figure dependable: the row draws on most of the building's history rather than on a thin slice of it.
The register also carries a small number of office and retail units. The Land Department files those with no bedroom count, so they sit inside the building's total sale count without appearing in any bedroom row — which is why the rows below sum to less than the total.
Every figure is computed from the Land Department register at the moment you load the page, four-month window first. These are recorded sale prices, not asking prices.
Lake City Tower sale prices by bedroom
Median recorded prices for Lake City Tower by bedroom count. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 934 secondary-market sales. These are the prices buyers actually paid — not asking prices, and not a district average.
| Bedrooms | Saleslast 4 months / all time | Priced on | Median size | Median price | Median AED / sqft |
|---|---|---|---|---|---|
| Studio | 0 / 138 | last 12 months5 sales | 409 sqft | AED 695,000 | 1,699 |
| 1 bedroom | 8 / 635 | last 4 months8 sales | 840 sqft | AED 1,039,713 | 1,262 |
| 2 bedrooms | 0 / 147 | last 12 months5 sales | 1,245 sqft | AED 1,500,000 | 1,202 |
A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — very large units are held out of the table for the same reason.
Most recent Lake City Tower transactions
The newest individual secondary-market sales on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.
| Date | Type | Size | Price | AED / sqft |
|---|---|---|---|---|
| 5 August 2026 | 1 bed | 860 sqft | AED 1,280,000 | 1,488 |
| 8 June 2026 | 1 bed | 840 sqft | AED 985,000 | 1,173 |
| 4 June 2026 | 1 bed | 730 sqft | AED 950,000 | 1,301 |
| 22 May 2026 | 1 bed | 840 sqft | AED 1,044,426 | 1,243 |
| 22 May 2026 | 1 bed | 840 sqft | AED 979,082 | 1,166 |
| 19 May 2026 | 1 bed | 860 sqft | AED 1,035,000 | 1,203 |
| 18 May 2026 | 1 bed | 840 sqft | AED 1,075,000 | 1,280 |
| 11 May 2026 | 1 bed | 840 sqft | AED 1,150,000 | 1,369 |
Why below-market resale shows up in Lake City Tower
- A pure secondary market. With no developer stock in the register, every unit that reaches the market does so because an owner decided to sell, and owner decisions cluster around pressure rather than around market timing.
- Investor weighting in the one-bedroom tier. Small JLT stock is bought for yield, and a yield decision is reversed when the numbers change, not when the price peaks.
- Age. Stock first recorded in 2009 has reached the point where a refurbishment falls due, and some owners prefer to discount and let the buyer do it.
- An accessible price point. Entry-level JLT stock turns over faster than premium stock, which produces a steady supply of sellers rather than an occasional one.
Distressed listings in Lake City Tower
See all in Jumeirah Lake Towers (JLT) →No active distressed listings in Lake City Tower right now. The register above is unaffected — it is the Land Department's record for the whole building, not our inventory.
Browse everything in Jumeirah Lake Towers (JLT) →What to check before you offer on Lake City Tower
- Use the one-bedroom row for a one-bedroom unit and ignore the building median. With the register this heavily weighted to one tier, the overall figure is close to a one-bedroom figure anyway, and on a studio or two-bedroom it is the wrong benchmark.
- Compare the studio row against the one-bedroom row on rate per square foot before assuming the studio is the better value per foot. In this building the studio rate has run higher.
- Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
- Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.
Lake City Tower — common questions
- Is the price data on this page asking prices or actual sales?
- Actual sales. Every figure comes from the Dubai Land Department's record of completed transactions — the price recorded when ownership legally changed hands.
- Why does the register show no off-plan sales?
- Because the Land Department has recorded none here. Every transaction on this building's register is a completed unit changing hands, so the whole record is a resale history — which is exactly the market a below-market buyer is negotiating in.
- Why do the bedroom rows not add up to the total sale count?
- Because the register holds a small number of office and retail units alongside the apartments, and the Land Department files a commercial unit with no bedroom count. Those sales are inside the building total but cannot appear in a bedroom row.
- Can I tell from this data whether a unit is selling below its original price?
- No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same apartment.
- How current is this register?
- The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.
Keep going
- Distressed property in Jumeirah Lake Towers (JLT) — the district this building sits in, with its own Land Department price table and the communities around it.
- Other Jumeirah Lake Towers (JLT) buildings we hold registers for: Lake Terrace, Seven City JLT, Concorde Tower, Lake View Tower, Dubai Gate 1, Lakeshore Tower, Almas Tower, Goldcrest Views 2, Jumeira Business Center 2.