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Studio · 365 sqftLakeside Towers A, Dubai Production City (IMPZ) · 15th floor · completed 2014

1506, Lakeside Towers A

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 295K29 May 2024
Current rentAED 39K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Lakeside Towers A

What is 1506 worth today?

Last sold for AED 295,000 in 2024

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10 May 2026RentedRenewal
AED 39,000/yr12 months · AED 107 per sqft
10 May 2025RentedNew contract
AED 37,000/yr12 months · AED 101 per sqft
29 May 2024SoldReady
AED 295,000AED 807 per sqft
5 Dec 2023RentedRenewal
AED 25,000/yr12 months · AED 68 per sqft
5 Dec 2022RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
5 Dec 2020RentedNew contract
AED 15,000/yr12 months · AED 41 per sqft
5 Jul 2019RentedRenewal
AED 33,000/yr12 months · AED 90 per sqft
5 Jul 2018RentedRenewal
AED 36,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
15th of 22
Parking
G-118
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 295K · May 2024
Building
Lakeside Towers A

About 1506, Lakeside Towers A

1506 is a studio of 365 sqft on the 15th floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 29 May 2024 for AED 295,000, or AED 807 per sqft, in line with the AED 813 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 39,000 a year: a gross yield of 13.2% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, October 2013: AED 346,890 (AED 949 per sqft)Sold, August 2016: AED 219,131 (AED 599 per sqft)Sold, November 2016: AED 405,000 (AED 1,108 per sqft)Sold, May 2024: AED 295,000 (AED 807 per sqft)

1506 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, 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, July 2015: AED 36,000 a yearNew contract, July 2017: AED 36,000 a yearRenewal, July 2018: AED 36,000 a yearRenewal, July 2019: AED 33,000 a yearNew contract, December 2020: AED 15,000 a yearNew contract, December 2022: AED 22,000 a yearRenewal, December 2023: AED 25,000 a yearNew contract, May 2025: AED 37,000 a yearRenewal, May 2026: AED 39,000 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 1506 sits

All 352 studios →

1506 last sold in May 2024 at AED 807 per sqft, in line with what studios in Lakeside Towers A were fetching at the time (AED 813). 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. 1506's AED 39,000 is in the upper 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 15th floor

All 484 units in Lakeside Towers A
Value
15011-bedAED 465K · Jul 2024
15021-bedAED 580K · Oct 2026
1503StudioAED 390K · Sep 2025
1504StudioAED 415K · Jan 2017
1505StudioAED 415K · Feb 2017
1507StudioAED 355K · May 2009
1508StudioAED 415K · Oct 2015
1–7 of 21

1506, Lakeside Towers A in numbers

  • Sold 4 times: first on 20 October 2013 for AED 346,890, last on 29 May 2024 for AED 295,000 (AED 807 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 15,000 in 2020 and recovered to AED 39,000 by May 2026.
  • At AED 39,000 a year the gross yield on the 2024 price is 13.2%, before a service charge of about AED 5,000 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 10 May 2026.

Questions about 1506, Lakeside Towers A

What did unit 1506 last sell for?

AED 295,000 on 29 May 2024: AED 807 per sqft for 365 sqft. The unit has 4 registered sales; the first was AED 346,890 in October 2013.

What is the rent for unit 1506?

AED 39,000 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 37,000; the unit has been rented since July 2015.

How big is unit 1506?

365 sqft (33.9 sqm): a studio on the 15th floor of a 22-storey tower completed in 2014.

What is unit 1506 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 1506, Lakeside Towers A

Starts from the last sale price (AED 295K, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 295,000
Deposit, UAE resident (20%)
AED 59,000
Deposit, non-resident (40%)
AED 118,000
Monthly over 25 years at 3.7%
AED 1,207

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