Studio · 369 sqftLakeside Towers A, Dubai Production City (IMPZ) · 12th floor · completed 2014

1209, Lakeside Towers A

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 350K7 June 2009
Current rentAED 32K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Lakeside Towers A

What is 1209 worth today?

Last sold for AED 350,000 in 2009

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20 Oct 2026RentedRenewal
AED 31,500/yr12 months · AED 86 per sqft
20 Oct 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
25 Jul 2024RentedRenewal
AED 33,000/yr12 months · AED 89 per sqft
25 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 81 per sqft
30 Dec 2020RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
1 Mar 2017RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft
22 Oct 2015RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
7 Jun 2009Sold by developerOff-plan
AED 350,000AED 947 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
12th of 22
Parking
B1-156
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 350K · June 2009

About 1209, Lakeside Towers A

1209 is a studio of 369 sqft on the 12th floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. The developer sold it on 7 June 2009 for AED 350,000, or AED 947 per sqft, 7% above the AED 885 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 31,500 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, June 2009: AED 350,000 (AED 947 per sqft)

1209 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1209, each contractTypical studio in Lakeside Towers A
20K40K2015201920232027Typical 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, October 2015: AED 40,000 a yearNew contract, March 2017: AED 36,000 a yearNew contract, December 2020: AED 18,000 a yearNew contract, July 2023: AED 30,000 a yearRenewal, July 2024: AED 33,000 a yearNew contract, October 2025: AED 40,000 a yearRenewal, October 2026: AED 31,500 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 1209 sits

All 352 studios →

1209 last sold in June 2009 at AED 947 per sqft, 7% above what studios in Lakeside Towers A were fetching at the time (AED 885). 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. 1209's AED 31,500 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 12th floor

All 484 units in Lakeside Towers A
Value
12011-bedAED 460K · Jun 2018
12021-bedAED 640K · May 2017
1203StudioAED 360K · Apr 2025
1204StudioAED 360K · Jul 2026
1205StudioAED 405K · Dec 2016
1206StudioAED 405K · Dec 2016
1207StudioAED 405K · Dec 2016
1–7 of 21

1209, Lakeside Towers A in numbers

  • Sold once: by The Waves on 7 June 2009 for AED 350,000, or AED 947 per sqft.
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 18,000 in 2020 and recovered to AED 31,500 by October 2026.
  • At AED 31,500 a year the gross yield on the 2009 price is 9.0%, 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 20 October 2026.

Questions about 1209, Lakeside Towers A

What did unit 1209 last sell for?

AED 350,000 on 7 June 2009, sold by the developer: AED 947 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 1209?

AED 31,500 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 40,000; the unit has been rented since October 2015.

How big is unit 1209?

369 sqft (34.3 sqm): a studio on the 12th floor of a 22-storey tower completed in 2014.

What is unit 1209 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 1209, Lakeside Towers A

Starts from the last sale price (AED 350K, 7 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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