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Studio · 369 sqftLakeside Towers A, Dubai Production City (IMPZ) · 2nd floor · completed 2014

216, Lakeside Towers A

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

Unit 216 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 319K28 May 2009
Current rentAED 30K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Lakeside Towers A

What is 216 worth today?

Last sold for AED 319,000 in 2009

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10 Aug 2026RentedRenewal
AED 30,000/yr12 months · AED 82 per sqft
10 Aug 2026RentedRenewal
AED 31,500/yr12 months · AED 86 per sqft
10 Aug 2026RentedRenewal
AED 36,000/yr12 months · AED 98 per sqft
10 Aug 2025RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft
25 Jul 2024RentedRenewal
AED 25,000/yr12 months · AED 68 per sqft
25 Jul 2023RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
25 Jul 2022RentedRenewal
AED 17,000/yr12 months · AED 46 per sqft
25 Jul 2021RentedNew contract
AED 15,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
2nd of 22
Parking
B3-126
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 319K · May 2009
Building
Lakeside Towers A

About 216, Lakeside Towers A

216 is a studio of 369 sqft on the 2nd 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 28 May 2009 for AED 319,000, or AED 863 per sqft, in line with the AED 885 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 30,000 a year: a gross yield of 9.4% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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, May 2009: AED 319,000 (AED 863 per sqft)

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

Rents
Unit 216, 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, December 2015: AED 40,000 a yearRenewal, December 2016: AED 40,000 a yearNew contract, June 2018: AED 33,000 a yearNew contract, June 2019: AED 22,000 a yearRenewal, June 2020: AED 19,000 a yearNew contract, July 2021: AED 15,000 a yearRenewal, July 2022: AED 17,000 a yearRenewal, July 2023: AED 21,000 a yearRenewal, July 2024: AED 25,000 a yearNew contract, August 2025: AED 36,000 a yearRenewal, August 2026: AED 30,000 a yearRenewal, August 2026: AED 31,500 a yearRenewal, August 2026: AED 36,000 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 216 sits

All 352 studios →

216 last sold in May 2009 at AED 863 per sqft, in line with 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. 216'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 2nd floor

All 484 units in Lakeside Towers A
Value
2011-bedAED 340K · Jul 2022
2021-bedAED 585K · Sep 2025
203StudioAED 375K · May 2015
204StudioAED 505K · Aug 2016
205StudioAED 500K · Sep 2016
206StudioAED 395K · Aug 2016
207StudioAED 365K · May 2025
1–7 of 21

216, Lakeside Towers A in numbers

  • Sold once: by The Waves on 28 May 2009 for AED 319,000, or AED 863 per sqft.
  • Rented since December 2015 on 13 Ejari contracts. The rent fell from AED 40,000 to AED 15,000 in 2021 and recovered to AED 30,000 by August 2026.
  • At AED 30,000 a year the gross yield on the 2009 price is 9.4%, 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 August 2026.

Questions about 216, Lakeside Towers A

What did unit 216 last sell for?

AED 319,000 on 28 May 2009, sold by the developer: AED 863 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 30,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2026, was AED 31,500; the unit has been rented since December 2015.

How big is unit 216?

369 sqft (34.3 sqm): a studio on the 2nd floor of a 22-storey tower completed in 2014.

What is unit 216 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 216, Lakeside Towers A

Starts from the last sale price (AED 319K, 28 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 319,000
Deposit, UAE resident (20%)
AED 63,800
Deposit, non-resident (40%)
AED 127,600
Monthly over 25 years at 3.7%
AED 1,305

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