Lake View Tower — sale prices & transaction history

Lake View sale prices by bedroom

Median recorded prices for Lake View 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 1,201 secondary-market sales. These are the prices buyers actually paid — not asking prices, and not a district average.

Rows marked “older sales” use a longer period because recent sales were few — prices may have moved since, so compare them with care. 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. Where a row shows a “middle half” range, its sales do not cluster around one figure: the middle fifty per cent of them span more than half again the price of the lower quarter. That happens in this register when units of the same stated type are not really the same product — a different aspect, floor or layout — and it means the median on that row is the midpoint of a spread rather than a typical price. Read the range, and price a specific unit against the sales nearest to it. 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 View 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.

Why below-market resale shows up in Lake View

• A studio and one-bedroom weighting that puts ownership firmly on the investor side, where exits follow the owner's circumstances rather than the market's.
• A fully secondary register: sellers here hold finished homes, so service charges, refurbishment and achievable rent drive their decisions rather than payment milestones.
• Age. Stock first recorded in 2009 now faces refurbishment costs, and a discount is sometimes cheaper for a departing owner than the work.
• The accessible end of the JLT ladder turns over faster than premium stock, and faster turnover produces a steady supply of motivated sellers rather than an occasional one.

What to check before you offer on Lake View

• Confirm you are being quoted on the registered Lake View, not another JLT tower with a similar marketing name. Ask for the Land Department project name in writing.
• Read the studio and one-bedroom rows separately — they behave differently here, and the building's overall median sits between them rather than describing either.
• 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 View — common questions

Is the price data on this page asking prices or actual sales?

Actual sales — the Dubai Land Department's record of completed transactions, meaning the price recorded when ownership legally changed hands.

Can I check studio prices for JLT here?

For this building, yes. Lake View holds one of the larger studio samples in the district, which is enough to publish a building-level figure. Studio pricing in JLT is usually quoted as an area-wide estimate because most towers have too few recorded studio sales to do better.

Can I tell from this data whether a unit is selling below its original price?

No. The open Land Department export carries no unit identifier, so a later sale cannot be traced back to the original purchase 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.