1-bed · 677 sqftLakeside Towers A, Dubai Production City (IMPZ) · 16th floor · completed 2014

1621, Lakeside Towers A

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

Unit 1621 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 753K30 December 2009
Current rentAED 41K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1621, Lakeside Towers A

What is 1621 worth today?

Last sold for AED 752,888 in 2009

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1 Jul 2025RentedRenewal
AED 40,656/yr12 months · AED 60 per sqft
1 Jul 2025RentedRenewal
AED 40,656/yr12 months · AED 60 per sqft
1 Jul 2024RentedRenewal
AED 38,720/yr12 months · AED 57 per sqft
1 Jul 2023RentedRenewal
AED 35,200/yr12 months · AED 52 per sqft
1 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
18 May 2021RentedNew contract
AED 24,000/yr12 months · AED 35 per sqft
5 Feb 2020RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
27 Dec 2018RentedNew contract
AED 42,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
677 sqft
Floor
16th of 22
Parking
P1-103
Developer
The Waves
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 753K · December 2009

About 1621, Lakeside Towers A

1621 is a one-bedroom apartment of 677 sqft on the 16th 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 30 December 2009 for AED 752,888, or AED 1,112 per sqft, 16% above the AED 956 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 40,656 a year: a gross yield of 5.4% on the 2009 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1621 over time

Sales
Unit 1621, each saleTypical one-bed in Lakeside Towers A
400K600K800K2009201420192024Typical sale price by year: 2009 AED 672,850; 2010 AED 661,600; 2013 AED 575,249; 2014 AED 711,400; 2015 AED 625,000; 2016 AED 525,000; 2017 AED 590,000; 2018 AED 462,443; 2019 AED 435,000; 2021 AED 336,442; 2022 AED 326,500; 2023 AED 400,000; 2024 AED 487,500; 2025 AED 572,500; 2026 AED 590,000Sold by developer, December 2009: AED 752,888 (AED 1,112 per sqft)

1621 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1621, each contractTypical one-bed in Lakeside Towers A
20K40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 56,325; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 34,128; 2024 AED 41,140; 2025 AED 48,000; 2026 AED 48,000New contract, August 2015: AED 50,000 a yearNew contract, November 2017: AED 48,000 a yearNew contract, December 2018: AED 42,000 a yearNew contract, February 2020: AED 34,000 a yearNew contract, May 2021: AED 24,000 a yearNew contract, July 2022: AED 32,000 a yearRenewal, July 2023: AED 35,200 a yearRenewal, July 2024: AED 38,720 a yearRenewal, July 2025: AED 40,656 a yearRenewal, July 2025: AED 40,656 a year

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

1-beds in Lakeside Towers A, and where 1621 sits

All 132 1-beds →

1621 last sold in December 2009 at AED 1,112 per sqft, 16% above what one-beds in Lakeside Towers A were fetching at the time (AED 956). Over the last 12 months one-beds sold for AED 520,000 to 655,000, around AED 824 per sqft, and rent for AED 37,800 to 72,000 a year. 1621's AED 40,656 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026570,000
21 Oct 2026580,000
11 Aug 2026619,729
10 Aug 2026528,560
10 1-bed 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

1621, Lakeside Towers A in numbers

  • Sold once: by The Waves on 30 December 2009 for AED 752,888, or AED 1,112 per sqft.
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2021 and recovered to AED 40,656 by July 2025.
  • At AED 40,656 a year the gross yield on the 2009 price is 5.4%, before a service charge of about AED 9,300 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Towers A sold for AED 520,000–655,000 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 1 July 2025.

Questions about 1621, Lakeside Towers A

What did unit 1621 last sell for?

AED 752,888 on 30 December 2009, sold by the developer: AED 1,112 per sqft for 677 sqft. It is the only registered sale of the unit.

What is the rent for unit 1621?

AED 40,656 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 40,656; the unit has been rented since August 2015.

How big is unit 1621?

677 sqft (62.9 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2014.

What is unit 1621 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakeside Towers A sold for AED 520,000 to 655,000 in the last 12 months, around AED 824 per sqft.

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Mortgage on 1621, Lakeside Towers A

Starts from the last sale price (AED 753K, 30 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 752,888
Deposit, UAE resident (20%)
AED 150,578
Deposit, non-resident (40%)
AED 301,155
Monthly over 25 years at 3.7%
AED 3,080

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