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1 Lake Plaza

Apartment 1 BR DMCC

BELOW MARKET
Bedroom count inferred from built-up area (DLD field empty) — excluded from the comparables median.

Total Price

980,000

Rate

1,165 AED/sqft

Size

841 sqft

Comparable sales

View area trends

Rental context

Comparable 1-bedroom apartments in Jumeirah Lake Towers rent for a median of 81,032/yr across 220 Ejari contracts in the last two years.

Median annual rent
81,032
Sale price (this txn)
980,000
Implied gross yield
8.3%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,165 AED/sqft, below market compared with the median of comparable apartment sales in Jumeirah Lake Towers.

  • Comparable median: 1,757 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −33.7%.
  • Gifts and mortgages excluded.
mediumSale

Location context

Jumeirah Lake Towers · DMCC

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open 1 Lake Plaza on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
1 Lake Plaza, Jumeirah Lake Towers
in DMCC Master Community
Sale date
28 Apr 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-14655
DLD AED/sqm
12,543(our derived AED/sqft: 1,165)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-14655
instance_date
2026-04-28
area_name_en
Jumeirah Lake Towers
master_project_en
DMCC Master Community
project_name_en
building_name_en
1 Lake Plaza
property_type_en
Apartment
rooms
1 BR
size_sqft
841
actual_worth
AED 980,000
meter_sale_price
12,543 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Commercial
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Burj Al Arab
nearest_metro_en
Damac Properties
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗