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Studio · 376 sqftLakeside Towers A, Dubai Production City (IMPZ) · 1st floor · completed 2014

120, Lakeside Towers A

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 200K3 July 2024
Current rentAED 25K /yr17 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Lakeside Towers A

What is 120 worth today?

Last sold for AED 200,000 in 2024

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3 Jul 2024SoldReady
AED 200,000AED 532 per sqft
17 May 2019RentedRenewal
AED 25,000/yr12 months · AED 66 per sqft
17 May 2018RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
5 Jun 2017RentedRenewal
AED 39,000/yr12 months · AED 104 per sqft
5 Jun 2016RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
18 Aug 2014Sold by developerOff-plan
AED 319,000AED 849 per sqft

Source: Dubai Land Department. Updated 3 July 2024.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
1st of 22
Parking
B3-108
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 200K · July 2024
Building
Lakeside Towers A

About 120, Lakeside Towers A

120 is a studio of 376 sqft on the 1st floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 3 July 2024 for AED 200,000, or AED 532 per sqft, 35% below the AED 821 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 17 May 2019, is AED 25,000 a year: a gross yield of 12.5% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical studio in Lakeside Towers A
200K300K400K2009201420192024Typical sale price by year: 2009 AED 355,300; 2010 AED 355,300; 2011 AED 209,000; 2012 AED 219,600; 2013 AED 313,110; 2014 AED 400,000; 2015 AED 380,000; 2016 AED 395,000; 2017 AED 403,500; 2018 AED 360,500; 2019 AED 258,000; 2020 AED 250,000; 2021 AED 215,000; 2022 AED 215,000; 2023 AED 282,500; 2024 AED 320,000; 2025 AED 375,000; 2026 AED 400,000Sold by developer, August 2014: AED 319,000 (AED 849 per sqft)Sold, July 2024: AED 200,000 (AED 532 per sqft)

120 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 120, each contractTypical studio in Lakeside Towers A
20K40K20152018202120242027Typical rent by year: 2015 AED 37,000; 2016 AED 38,000; 2017 AED 36,000; 2018 AED 30,000; 2019 AED 25,000; 2020 AED 19,000; 2021 AED 16,500; 2022 AED 20,000; 2023 AED 24,000; 2024 AED 29,700; 2025 AED 33,000; 2026 AED 34,000New contract, June 2016: AED 38,000 a yearRenewal, June 2017: AED 39,000 a yearNew contract, May 2018: AED 30,000 a yearRenewal, May 2019: AED 25,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Lakeside Towers A, and where 120 sits

All 352 studios →

120 last sold in July 2024 at AED 532 per sqft, 35% below what studios in Lakeside Towers A were fetching at the time (AED 821). Over the last 12 months studios sold for AED 333,333 to 450,000, around AED 1,089 per sqft, and rent for AED 22,000 to 48,000 a year. 120's AED 25,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026425,000
5 Oct 2026350,000
12 Sep 2026400,000
9 Sep 2026420,000
24 studio sales in the last 12 months

Lakeside Towers A

Building

484 apartments, studios to 1-bed over 22 floors in Dubai Production City (IMPZ), completed in 2014 by The Waves. 34 sold in the last 12 months.

Typical price per sqft
AED 1,042 Up 8.0%
Typical sale
AED 415K
Typical rent
AED 36K /yr
Typical yield
8.4%
Lakeside Towers A, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 1st floor

All 484 units in Lakeside Towers A
Value
1011-bedAED 350K · May 2023
1021-bedAED 313K · Aug 2016
103StudioAED 290K · Feb 2024
104StudioAED 380K · May 2026
105StudioAED 385K · May 2016
106StudioAED 400K · Mar 2017
107StudioAED 450K · Mar 2026
1–7 of 21

120, Lakeside Towers A in numbers

  • Sold twice: first on 18 August 2014 for AED 319,000, last on 3 July 2024 for AED 200,000 (AED 532 per sqft).
  • Rented since June 2016 on 4 Ejari contracts, from AED 38,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 12.5%, before a service charge of about AED 5,100 a year (AED 13.70 per sqft).
  • Studios in Lakeside Towers A sold for AED 333,333–450,000 in the 12 months to November 2026; the building's median across all types is AED 1,042 per sqft.

Source: Dubai Land Department. Updated 3 July 2024.

Questions about 120, Lakeside Towers A

What did unit 120 last sell for?

AED 200,000 on 3 July 2024: AED 532 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 319,000 in August 2014.

What is the rent for unit 120?

AED 25,000 a year on the contract renewed on 17 May 2019. The previous contract, from May 2018, was AED 30,000; the unit has been rented since June 2016.

How big is unit 120?

376 sqft (34.9 sqm): a studio on the 1st floor of a 22-storey tower completed in 2014.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lakeside Towers A sold for AED 333,333 to 450,000 in the last 12 months, around AED 1,089 per sqft.

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Mortgage on 120, Lakeside Towers A

Starts from the last sale price (AED 200K, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →