Lake City Tower, Al Thanyah Fifth

    Sold Prices · DLD Data

    Lake City Tower

    Al Thanyah Fifth, Dubai · Jumeirah Lakes Towers

    AED 1,387

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    18

    DLD Sales Recorded

    7.6%

    Est. Gross Yield

    View listings Explore JLT

    Market snapshot

    Lake City Tower — the numbers

    Lake City Tower is a residential building in Al Thanyah Fifth, Dubai with approximately 443 units. Dubai Land Department records show 18 sales in the building, at an average price of AED 1.1M — around AED 1,387 per square foot.

    Since January 2026, 15 sales completed in Lake City Tower, with the average price per square foot moving from AED 1,300 to AED 1,238 (-4.8%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Al Thanyah Fifth, a typical unit in Lake City Tower returns an estimated 7.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Thanyah Fifth.

    Figures are from Dubai Land Department transaction records for Lake City Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Al Thanyah Fifth residential rents, before service charges.

    Price trend

    Price trend in Lake City Tower

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-4.8%

    1,2701,3661,462Jan 26: AED 1,300/sqft · 2 salesJan 26Feb 26: AED 1,494/sqft · 6 salesFeb 26May 26: AED 1,253/sqft · 5 salesMay 26Jun 26: AED 1,238/sqft · 2 salesJun 26

    Unit types

    Prices by unit type

    Studio

    AED 738K

    AED 1,802/sqft

    2 sales · last 12 months

    1 Bed

    AED 1.1M

    AED 1,335/sqft

    15 sales · last 12 months

    2 Bed

    AED 1.7M

    AED 1,333/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    05 Aug 2026Sales1860AED 1.3MAED 1,489
    08 Jun 2026Sales1840AED 985KAED 1,173
    04 Jun 2026Sales1730AED 950KAED 1,302
    21 May 2026Sales1840AED 1.0MAED 1,244
    21 May 2026Sales1840AED 979KAED 1,166
    19 May 2026Sales1860AED 1.0MAED 1,204
    18 May 2026Sales1840AED 1.1MAED 1,280
    11 May 2026Sales1840AED 1.1MAED 1,370
    06 Apr 2026Sales21,245AED 1.7MAED 1,333
    13 Mar 2026Sales0409AED 750KAED 1,833
    23 Feb 2026Sales1729AED 900KAED 1,235
    19 Feb 2026Sales1840AED 1.1MAED 1,286
    12 Feb 2026Sales0409AED 725KAED 1,772
    11 Feb 2026Sales1840AED 1.4MAED 1,667
    10 Feb 2026Sales1729AED 1.0MAED 1,372
    09 Feb 2026Sales1664AED 1.1MAED 1,634
    07 Jan 2026Sales1729AED 980KAED 1,344
    07 Jan 2026Sales1860AED 1.1MAED 1,256

    About the area

    Lake City Tower is in JLT

    Jumeirah Lake Towers (JLT) is a prominent mixed-use community in Dubai, developed by a consortium of renowned developers including Seven Tides and MAG Property Development. This dynamic area offers a harmonious blend of residential, commercial, and leisure spaces, characterized by its 26 clusters, each identified by a letter.

    Explore the JLT area guide

    Nearby

    Other buildings in Al Thanyah Fifth

    Serenia District - East

    Al Thanyah Fifth · 95 sales · AED 3.6M avg

    Eltiera Heights

    Al Thanyah Fifth · 65 sales · AED 3.0M avg

    Hilton Residences Dubai Jumeirah Lakes Towers

    Al Thanyah Fifth · 59 sales · AED 1.7M avg

    Seven City JLT

    Al Thanyah Fifth · 57 sales · AED 845K avg

    Mbl Signature

    Al Thanyah Fifth · 45 sales · AED 2.0M avg

    Mercer House

    Al Thanyah Fifth · 38 sales · AED 3.8M avg

    Uh East By Ellington

    Al Thanyah Fifth · 38 sales · AED 2.2M avg

    Serenia District - West

    Al Thanyah Fifth · 35 sales · AED 2.3M avg

    Saba 4

    Al Thanyah Fifth · 31 sales · AED 3.6M avg

    FAQ

    Lake City Tower: frequently asked questions

    What is the average price in Lake City Tower?

    The average recorded sale price in Lake City Tower, Al Thanyah Fifth is AED 1.1M, around AED 1,387 per square foot, based on Dubai Land Department transaction data.

    Are prices in Lake City Tower going up or down?

    Average sale prices in Lake City Tower have eased -4.8% per square foot since January 2026, across 15 DLD-recorded sales.

    What rental yield can I expect in Lake City Tower?

    Based on average Al Thanyah Fifth residential rents against sale prices in the building, a typical unit in Lake City Tower yields roughly 7.6% gross per year, before service charges and fees.

    How many properties have sold in Lake City Tower?

    18 sales have been recorded in Lake City Tower according to DLD data, across approximately 443 units.

    Considering Lake City Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Thanyah Fifth from Binayah's advisors — no pressure, just the numbers.

    Talk to an advisorExplore Al Thanyah Fifth
    WhatsAppCallLive Chat