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1-bed · 692 sqftLakeside Towers A, Dubai Production City (IMPZ) · 4th floor · completed 2014

421, Lakeside Towers A

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

Unit 421 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 665K29 September 2015
Current rentAED 43K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Lakeside Towers A

What is 421 worth today?

Last sold for AED 665,000 in 2015

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15 Nov 2024RentedRenewal
AED 43,000/yr12 months · AED 62 per sqft
15 Nov 2023RentedNew contract
AED 41,000/yr12 months · AED 59 per sqft
12 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
12 Dec 2021RentedRenewal
AED 28,000/yr12 months · AED 41 per sqft
12 Dec 2020RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
20 Sep 2016RentedNew contract
AED 56,000/yr12 months · AED 81 per sqft
29 Sep 2015SoldReady
AED 665,000AED 961 per sqft
1 May 2015RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
4th of 22
Parking
B3-181
Developer
The Waves
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 665K · September 2015
Building
Lakeside Towers A

About 421, Lakeside Towers A

421 is a one-bedroom apartment of 692 sqft on the 4th 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 September 2015 for AED 665,000, or AED 961 per sqft, in line with the AED 968 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 43,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 421 over time

Sales
Unit 421, each saleTypical one-bed in Lakeside Towers A
400K600K2009201420192024Typical 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 2013: AED 575,249 (AED 831 per sqft)Sold, September 2015: AED 665,000 (AED 961 per sqft)

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

Rents
Unit 421, 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, May 2015: AED 60,000 a yearNew contract, September 2016: AED 56,000 a yearNew contract, December 2020: AED 25,000 a yearRenewal, December 2021: AED 28,000 a yearNew contract, December 2022: AED 28,000 a yearNew contract, November 2023: AED 41,000 a yearRenewal, November 2024: AED 43,000 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 421 sits

All 132 1-beds →

421 last sold in September 2015 at AED 961 per sqft, in line with what one-beds in Lakeside Towers A were fetching at the time (AED 968). 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. 421's AED 43,000 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 4th floor

All 484 units in Lakeside Towers A
Value
4011-bedAED 730K · Oct 2014
4021-bedAED 590K · Aug 2025
403StudioAED 380K · Jul 2025
404StudioAED 360K · Dec 2024
405StudioAED 245K · Sep 2019
406StudioAED 277K · Jun 2023
407StudioAED 390K · Jun 2015
1–7 of 21

421, Lakeside Towers A in numbers

  • Sold twice: first on 23 December 2013 for AED 575,249, last on 29 September 2015 for AED 665,000 (AED 961 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 25,000 in 2020 and recovered to AED 43,000 by November 2024.
  • At AED 43,000 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 9,500 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 15 November 2024.

Questions about 421, Lakeside Towers A

What did unit 421 last sell for?

AED 665,000 on 29 September 2015: AED 961 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 575,249 in December 2013.

What is the rent for unit 421?

AED 43,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 41,000; the unit has been rented since May 2015.

How big is unit 421?

692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2014.

What is unit 421 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 421, Lakeside Towers A

Starts from the last sale price (AED 665K, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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