1BR with Study | Park View | Modern | Apartment in JLT
AED 1,559,000

AED 1,856 per sqft

Permit Pending Verification

1BR with Study | Park View | Modern | Apartment in JLT

JLT, Dubai
Listed 123 days ago
1
Beds
1
Baths
840
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Lake Terrace Tower, JLT. This 840 sqft property offers excellent value at AED 1,559,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views152
Reference7ef6710d-217d-4b21-bc0e-7239f7e5e8b5

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

JLT Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in JLT
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

5.3/ 10
Fair Price1.6% above market

Listed at AED 1,856/sqft against a 1,827/sqft market average in JLT. Priced 2% above recent transactions — fair but room for negotiation.

Price per sqft comparisonJLT · 1 BR apartment
AskingAED 1,856/sqft
DLD Market AvgAED 1,827/sqft

Price Transparency

Estimate
This listing
AED 1,856/sqft
Area benchmark unavailable
Asking priceAED 1,559,000
DLD transfer fee (4%)AED 62,360
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,213
Agency commission (2%)AED 31,180
Est. total transaction costAED 1,659,953

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Fair Market Price

Fair Market Price

Priced in line with the JLT market average of AED 1800/sqft.

Price per sqft comparisonJLT · 1 BR apartment
This PropertyAED 1,856/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

5

Similar apartment in JLT
Avg: AED 1.4MPSF: AED 1,704Range: AED 815K – AED 2.2M

PropertyIndex.ae • Updated 2026-02-22

JLT Market Intelligence

Full Report
Avg Price/SqftAED 1,645
Active Listings78
Trendstable
Price History (per sqft)
AED 1,719
Dec
AED 1,605
Jan
AED 1,624
Feb
AED 1,639
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 3 rental comparables in JLT

Good Yield
Gross Yield
6.32%
Good Yield
Net Yield
5.51%
After charges
Estimated Rental Income
Monthly
AED 8,212
Annual
AED 98,544
Service Charge: AED 12,600/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average17.1% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,284

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 311,800)
5%80%
4.99%
2%8%
Property PriceAED 1,559,000
Loan AmountAED 1,247,200
Total InterestAED 937,923
Total Cost (Principal + Interest)AED 2,185,123

Estimated Upfront Costs

Down PaymentAED 311,800
DLD Registration (4%)AED 62,360
Agency Fee (2%)AED 31,180
Total UpfrontAED 405,340

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in JLT

AED 1.20M

Avg. Price

AED 2,037.59

Avg. /sqft

5

Transactions

AED 1.13M27.4% lower
15 Apr 2026 1 Bed 637 sqftAED 1,777/sqft
Completed Sale
AED 894K42.6% lower
16 Mar 2026 1 Bed 419 sqftAED 2,135/sqft
Completed Sale
AED 1.52M2.8% lower
16 Dec 2025 1 Bed 733 sqftAED 2,068/sqft
Completed Sale
AED 1.64M5.4% higher
16 Dec 2025 1 Bed 718 sqftAED 2,288/sqft
Completed Sale
AED 837K46.3% lower
16 Dec 2025 1 Bed 436 sqftAED 1,921/sqft
Completed Sale

Transactions shown are for similar apartments in JLT. Prices may vary based on floor, view, and finishing.