Jumeirah Lakes Towers
Lake City Tower
ليك سيتي تاورTiger Properties · Selling since 2009 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 443 units · 1 building · DLD target completion September 2008
Registered developer: Tiger Properties (DLD no. 581)
Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file.
Street View imagery near Lake City Tower, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,489/sqft
3yr CAGR · resales
+17.0%
Resale record
190 months
Registered resales here span 190 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Lake City Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Lake City Tower over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Lake City Tower itself; the rest are homes of the same size in Jumeirah Lakes Towers, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.04M | AED 83,384/yrsame size in Jumeirah Lakes Towers | 8.0% | 20 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 11.9% instead of 8.0%, because it prices the home at AED 700K — the median across every sale on record — rather than the AED 1.04M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 14/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 10,216 | AED 73,168 | 8.0% | 7.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Lake City Tower
How much does a home in Lake City Tower cost?
Over the last twelve months a completed 1-bedroom in Lake City Tower sold for a median AED 1.04M (20 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Lake City Tower?
A 1-bedroom rents for a median AED 83,384/yr (homes of about that size in Jumeirah Lakes Towers, 976 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Lake City Tower, so every figure above is the rent for homes of that size in Jumeirah Lakes Towers — the area's rent, not this project's own.
What rental yield does Lake City Tower give?
Gross yields on completed homes in Lake City Tower run about 8.0% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Lake City Tower selling off-plan or as resales?
0% of the 33 sales registered in Lake City Tower in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Lake City Tower start selling?
The Land Department's register holds 959 sales in Lake City Tower, the earliest registered in 2009. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Lakes Towers median
-33.2%
Priced at or below the area's real median.
Developer track record
12,391 real transactions
11 completed · 14 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Lake City Tower completed in September 2008, 7 other other projects in Jumeirah Lakes Towers were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 58 more other projects in Jumeirah Lakes Towers are still in the pipeline overall.
Concorde Tower
32 GROUP PROPERTIES LIMITED
Apr 2008
Lake Terrace
DAMAC PROPERTIES CO (L.L.C)
May 2008
Liwa Heights
MAYSAN REAL ESTATE INVESTMENT (L.L.C)
Aug 2008
Al Mas Tower
DUBAI MULTI COMMODITIES CENTER
Oct 2008
Al Seef II
Deyaar Development (P.J.S.C)
Nov 2008
Reef Tower
REEF REAL ESTATE INVESTMENT CO (L.L.C)
Feb 2009
Lake View
DAMAC PROPERTIES CO (L.L.C)
Feb 2009
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
226 m
DMCC
Nearest school
1.7 km
Emirates International School - Meadows
Nearest hospital
1.6 km
Lux Aeterna Clinic
Nearest supermarket
64 m
Viva
Metro stations
- DMCC226 m
- DMCC227 m
- DMCC230 m
- Sobha Realty1.2 km
Schools
- Emirates International School - Meadows1.7 km
Hospitals & clinics
- Lux Aeterna Clinic1.6 km
- Emirates Hospital1.6 km
- Health Avenue Polyclinics1.7 km
- Aster Medical2.7 km
Supermarkets
- Viva64 m
- ZOOM market91 m
- Carrefour209 m
- Zoom Market236 m
Bus stops
- Big bus 18 Dubai Marina / JBR1.2 km
- Bus stop1.2 km
- Bus stop1.2 km
- Big bus (blue 17)1.3 km
Pharmacies
- Life Pharmacy440 m
- Aster472 m
- Life Pharmacy500 m
- Halab al Shahba Pharmacy546 m
Malls
- Dubai Marina Mall664 m
- Bluewaters Wharf Retail1.9 km
- The Wharf2.1 km
Parks
- Jumeirah Lakes Towers Park671 m
- DEWA Staff1.3 km
- Community Park3.0 km
Mosques
- Al Rahim Mosque919 m
- Mosque Sheikh Rashid bin Mohammed2.1 km
- Al Tasamuh Mosque2.1 km
- Masjid Abdullah Ali Al-Chaafar2.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Jumeirah Lakes Towers
Mercer House
ELN PROPERTIES DEVELOPMENT L.L.C
AED 2,944/sqft
Serenia District - East
Unknown developer
AED 2,421/sqft
Eltiera Views
Ellington Pcfc Developers L.L.C
AED 2,378/sqft
Viewz 1 By Danube
Danube Properties Development L.L.C
AED 2,345/sqft
Viewz 2 By Danube
Danube Properties Development L.L.C
AED 2,209/sqft
Buying in Lake City Tower?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample