Lake City Tower, JLT
Lake City Tower is a 36-storey residential building in Cluster D of Jumeirah Lake Towers (JLT), Dubai, developed by Tiger Properties. Construction started in 2005 and completed in 2008, and the tower holds 442 studio, 1 and 2-bedroom apartments overlooking the JLT lakes. This guide covers Lake City Tower's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Tiger Properties
Storeys
36
Completed
2008
Location
JLT, Cluster D
Unit Types
Studio, 1BR, 2BR
About Lake City Tower
Lake City Tower is a residential building in Cluster D of Jumeirah Lake Towers (JLT), within the Al Thanyah Fifth DLD-registered area of the wider DMCC Master Community. The tower was developed by Tiger Properties, with construction starting in 2005 and completing in 2008. It stands approximately 152 metres tall and offers studio, 1-bedroom and 2-bedroom apartments. Some listings use the developer-prefixed name "Tiger Lake City Tower" for the same building.
Developer, construction start (2005) and completion year (2008) confirmed across Bayut and Dubricks (2 independent sources). Storeys and unit count are reported as 36 storeys / 442 units by both Bayut and Propsearch (2 sources, exact agreement), against a single dissenting figure of 34 floors / 443 units from Dubricks; this guide uses the 2-source-agreed figures. Height (152m) is single-sourced to Bayut and stated as approximate.
Location & Nearby Landmarks
Lake City Tower sits in JLT's Cluster D, within the Al Thanyah Fifth DLD-registered area of the wider DMCC master community, overlooking the JLT lakes. Dubai Marina Walk is roughly an 8-minute drive away and Aqua Fun Water Park is about 11 minutes away, with Wild Wadi Waterpark also nearby. Preatoni Tower, Jumeirah Bay X1 and Lake Point Tower are all neighbouring buildings within roughly a 7-minute drive.
JLT has its own dedicated Royale Stays area guide covering location, connectivity and the wider rental market context: Airbnb management in JLT, Dubai. Lake City Tower is joined by several other JLT towers Royale Stays already covers, including Saba Tower 2 in Cluster Q, Goldcrest Views 1 in Cluster V, and Preatoni Tower in Cluster L. Lake Point Tower, named by Bayut as a nearby building, is a distinct tower not currently covered by Royale Stays and should not be confused with Lake City Tower.
Unit Types
Lake City Tower offers 442 units across studio, 1-bedroom and 2-bedroom apartments, all designed with lake-facing views. Per Bayut's building data (single-sourced, not independently cross-verified), studio apartments cover roughly 400 to 450 sq ft with one bathroom, a kitchen, a living area and a balcony; 1-bedroom apartments cover roughly 650 to 1,000 sq ft with one bathroom, a kitchen, a living/dining area, a powder room and a balcony; and 2-bedroom apartments cover roughly 1,200 to 1,400 sq ft with two bathrooms, a kitchen, a living/dining room, a powder room and a balcony.
Amenities
Lake City Tower's facilities include a gymnasium, a swimming pool, a sauna and a jacuzzi, plus a children's play area. Additional conveniences include CCTV monitoring and reserved basement parking, both confirmed across two sources. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Transportation & Access
Lake City Tower is close to DMCC Metro Station, giving residents easy access to the Dubai Metro Red Line for onward connections across the city. Sheikh Zayed Road (E11) is a short drive from the building, putting Dubai Marina, JBR and Downtown Dubai all within a roughly 10 to 20-minute drive depending on traffic. Both Dubai International Airport (DXB) and Al Maktoum International Airport are within a comparable drive time to the rest of JLT.
Metro proximity from Bayut. Exact drive-time figures for this specific building were not independently available at the time of research; the ranges given reflect JLT's general position relative to Sheikh Zayed Road and the wider road network, consistent with sibling JLT tower guides.
Rental & Price Trends
Dubai Land Department transaction records show recent 2026 sales at Lake City Tower for units in the 730 to 860 sq ft range (likely 1-bedroom apartments) selling between AED 950,000 and AED 1,280,000. A recorded sale on 5 August 2026 shows an 860 sq ft unit selling for AED 1,280,000, working out to approximately AED 1,488 per sq ft. A larger 1,243 sq ft unit recorded a notably lower AED 600,805 sale in June 2026, well below the smaller-unit range, which looks like an atypical or distressed sale rather than a representative price point.
Owners considering a unit at Lake City Tower can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate.
Pricing drawn from Propsearch's live DLD 'Latest Transactions' feed, sourced directly from published Dubai Land Department open-data records rather than the portal's own estimate.
Airbnb & Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Lake City Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Lake City Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Lake City Tower already has a visible short-term rental presence: OYO Rooms runs a live listing for a 1-bedroom home at the tower, alongside active long-term rental listings on major portals, confirming real demand for units in the building. Royale Stays does not currently have booking data specific to Lake City Tower to draw on, so this guide does not present a building income figure it cannot support. For an owner weighing whether Airbnb makes sense for a unit at Lake City Tower, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable JLT listings.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential. See Royale Stays' full guide to Airbnb property management in Dubai for the wider market picture.
Royale Stays does not yet have Lake City Tower-specific portfolio data to draw on for this guide; this section reflects the already-visible operator/listing demand at Lake City Tower only (an OYO Rooms listing is visible in search results).
Questions