Sample listing2 BR — JLT Lake View
2 beds · 1,150 sq ft · MAG 214
- Lake view
- Below market
AED 130,000/ year
- Market rent
- AED 150,000 / year
- Below market by
- AED 20,000 / year
- Saved over 3 years
- AED 60,000
The home.
- Bedrooms
- 2 beds
- Size
- 1,150 sq ft
- Property type
- Apartment
- Floor
- 28
- View
- Lake
- Building
- MAG 214
- Developer
- Sobha
- Service charge
- AED 17,250 / year
- Holiday-home use
- Not confirmed
Deal score.
How strong this rental is, from 0 to 100.
- Area87 / 100
- Price86 / 100
- Demand82 / 100
- Room to negotiate81 / 100
- Building85 / 100
Things to check.
Flags raised by this rental's own numbers. Not advice.
Holiday-home use not confirmed
This building may not permit short-term lets. Confirm before you count on short-let income.
Rented in MAG 214.
Sample comparables, modelled on tenancy registrations in the same building.
- Lowest
- AED 131,000
- Average
- AED 151,714
- Highest
- AED 173,000
This home sits below the building averageAED 21,714 less a year
| Date | Bedrooms | Size | Annual rent (AED) | AED / sq ft |
|---|---|---|---|---|
| 4 May 2026 | 2 beds | 1,116 sq ft | 141,000 | 126 |
| 9 Apr 2026 | 2 beds | 1,150 sq ft | 161,000 | 140 |
| 14 Mar 2026 | 2 beds | 1,185 sq ft | 134,000 | 113 |
| 19 Feb 2026 | 2 beds | 1,116 sq ft | 153,000 | 137 |
| 24 Jan 2026 | 2 beds | 1,150 sq ft | 173,000 | 150 |
Short-let potential.
What this home could earn as a holiday let, against the annual lease.
This building may not permit short-term lets. Confirm with the developer or owners' association before relying on these figures.
- Short-let nightly rateLease equivalent: AED 356 a night
- AED 570
- Annual gross
- AED 166,440
- Management fee (15%)
- − AED 24,966
- Net income
- AED 141,474
Uplift against the annual lease
After management fees
+ AED 11,474+9%
Indicative only. Short-let income moves with season, fees and holiday-home permits. Always confirm the building allows holiday-home use.
In JLT.
The pin marks the area, not the exact building.
Open in Google MapsAED 130,000
per year, asking