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Studio · 369 sqftLakeside Towers A, Dubai Production City (IMPZ) · 16th floor · completed 2014

1616, Lakeside Towers A

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 400K30 January 2025
Current rentAED 33K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1616, Lakeside Towers A

What is 1616 worth today?

Last sold for AED 400,000 in 2025

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9 Oct 2026RentedNew contract
AED 33,000/yr12 months · AED 89 per sqft
20 Feb 2026RentedNew contract
AED 40,000/yr12 months · AED 108 per sqft
1 Jan 2026RentedRenewal
AED 37,000/yr12 months · AED 100 per sqft
30 Jan 2025SoldReady
AED 400,000AED 1,083 per sqft
1 Jan 2025RentedNew contract
AED 35,000/yr12 months · AED 95 per sqft
12 Dec 2023RentedNew contract
AED 28,000/yr12 months · AED 76 per sqft
15 Jun 2023RentedNew contract
AED 26,000/yr12 months · AED 70 per sqft
16 Jun 2022RentedNew contract
AED 19,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
16th of 22
Parking
P1-98
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 400K · January 2025
Building
Lakeside Towers A

About 1616, Lakeside Towers A

1616 is a studio of 369 sqft on the 16th floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 30 January 2025 for AED 400,000, or AED 1,083 per sqft, 20% above the AED 903 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 9 October 2026, is AED 33,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1616 over time

Sales
Unit 1616, 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 307,255 (AED 831 per sqft)Sold, April 2017: AED 350,000 (AED 947 per sqft)Sold, January 2025: AED 400,000 (AED 1,083 per sqft)

1616 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1616, 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, June 2015: AED 37,000 a yearNew contract, July 2016: AED 43,000 a yearNew contract, April 2017: AED 40,000 a yearNew contract, April 2019: AED 28,000 a yearNew contract, May 2021: AED 15,500 a yearNew contract, June 2022: AED 19,000 a yearNew contract, June 2023: AED 26,000 a yearNew contract, December 2023: AED 28,000 a yearNew contract, January 2025: AED 35,000 a yearRenewal, January 2026: AED 37,000 a yearNew contract, February 2026: AED 40,000 a yearNew contract, October 2026: AED 33,000 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 1616 sits

All 352 studios →

1616 last sold in January 2025 at AED 1,083 per sqft, 20% above what studios in Lakeside Towers A were fetching at the time (AED 903). 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. 1616's AED 33,000 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 16th floor

All 484 units in Lakeside Towers A
Value
16011-bedAED 310K · Apr 2022
16021-bedAED 435K · Dec 2023
1603StudioAED 382K · Aug 2014
1604StudioAED 400K · Nov 2016
1605StudioAED 360K · Nov 2024
1606StudioAED 390K · Sep 2017
1607StudioAED 405K · Aug 2016
1–7 of 21

1616, Lakeside Towers A in numbers

  • Sold 3 times: first on 20 October 2013 for AED 307,255, last on 30 January 2025 for AED 400,000 (AED 1,083 per sqft).
  • Rented since June 2015 on 12 Ejari contracts. The rent fell from AED 37,000 to AED 15,500 in 2021 and recovered to AED 33,000 by October 2026.
  • At AED 33,000 a year the gross yield on the 2025 price is 8.3%, 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 9 October 2026.

Questions about 1616, Lakeside Towers A

What did unit 1616 last sell for?

AED 400,000 on 30 January 2025: AED 1,083 per sqft for 369 sqft. The unit has 3 registered sales; the first was AED 307,255 in October 2013.

What is the rent for unit 1616?

AED 33,000 a year on the contract signed on 9 October 2026. The previous contract, from February 2026, was AED 40,000; the unit has been rented since June 2015.

How big is unit 1616?

369 sqft (34.3 sqm): a studio on the 16th floor of a 22-storey tower completed in 2014.

What is unit 1616 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 1616, Lakeside Towers A

Starts from the last sale price (AED 400K, 30 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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