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Studio · 369 sqftLakeside Towers A, Dubai Production City (IMPZ) · 20th floor · completed 2014

2016, Lakeside Towers A

Sold prices and rental history: sold twice, last in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 404K27 August 2017
Current rentAED 30K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2016, Lakeside Towers A

What is 2016 worth today?

Last sold for AED 404,000 in 2017

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10 Sep 2026RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
1 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 66 per sqft
1 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
1 Dec 2018RentedNew contract
AED 39,000/yr12 months · AED 107 per sqft
1 Sep 2017RentedNew contract
AED 48,000/yr12 months · AED 131 per sqft
27 Aug 2017SoldReady
AED 404,000AED 1,093 per sqft
26 Mar 2017RentedNew contract
AED 40,890/yr12 months · AED 112 per sqft
28 Jul 2013Sold by developerOff-plan
AED 377,000AED 1,020 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
20th of 22
Parking
P2-114
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 404K · August 2017
Building
Lakeside Towers A

About 2016, Lakeside Towers A

2016 is a studio of 369 sqft on the 20th floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 27 August 2017 for AED 404,000, or AED 1,093 per sqft, in line with the AED 1,096 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 September 2026, is AED 30,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, July 2013: AED 377,000 (AED 1,020 per sqft)Sold, August 2017: AED 404,000 (AED 1,093 per sqft)

2016 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2016, 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, March 2017: AED 40,890 a yearNew contract, September 2017: AED 48,000 a yearNew contract, December 2018: AED 39,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, September 2020: AED 24,000 a yearNew contract, September 2026: AED 30,000 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 2016 sits

All 352 studios →

2016 last sold in August 2017 at AED 1,093 per sqft, in line with what studios in Lakeside Towers A were fetching at the time (AED 1,096). 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. 2016's AED 30,000 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 20th floor

All 484 units in Lakeside Towers A
Value
20011-bedAED 1.13M · May 2009
20021-bedAED 700K · Oct 2014
2003StudioAED 516K · Jun 2014
2004StudioAED 410K · Oct 2025
2005StudioAED 509K · Jun 2014
2006StudioAED 354K · Oct 2013
2007StudioAED 365K · Feb 2025
1–7 of 21

2016, Lakeside Towers A in numbers

  • Sold twice: first on 28 July 2013 for AED 377,000, last on 27 August 2017 for AED 404,000 (AED 1,093 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 40,890 to AED 24,000 in 2020 and recovered to AED 30,000 by September 2026.
  • At AED 30,000 a year the gross yield on the 2017 price is 7.4%, 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 10 September 2026.

Questions about 2016, Lakeside Towers A

What did unit 2016 last sell for?

AED 404,000 on 27 August 2017: AED 1,093 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 377,000 in July 2013.

What is the rent for unit 2016?

AED 30,000 a year on the contract signed on 10 September 2026. The previous contract, from September 2020, was AED 24,000; the unit has been rented since March 2017.

How big is unit 2016?

369 sqft (34.3 sqm): a studio on the 20th floor of a 22-storey tower completed in 2014.

What is unit 2016 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 2016, Lakeside Towers A

Starts from the last sale price (AED 404K, 27 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 404,000
Deposit, UAE resident (20%)
AED 80,800
Deposit, non-resident (40%)
AED 161,600
Monthly over 25 years at 3.7%
AED 1,653

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