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Studio · 369 sqftLakeside Towers A, Dubai Production City (IMPZ) · 5th floor · completed 2014

509, Lakeside Towers A

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 350K27 February 2024
Current rentAED 34K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Lakeside Towers A

What is 509 worth today?

Last sold for AED 350,000 in 2024

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10 May 2025RentedRenewal
AED 34,000/yr12 months · AED 92 per sqft
10 May 2024RentedNew contract
AED 34,000/yr12 months · AED 92 per sqft
27 Feb 2024SoldReady
AED 350,000AED 947 per sqft
28 Sep 2022RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
11 Oct 2021SoldReady
AED 205,000AED 555 per sqft
1 Jun 2021RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft
25 May 2020RentedNew contract
AED 20,000/yr12 months · AED 54 per sqft
26 Feb 2019RentedNew contract
AED 27,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
5th of 22
Parking
B2-83
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 350K · February 2024
Building
Lakeside Towers A

About 509, Lakeside Towers A

509 is a studio of 369 sqft on the 5th 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 February 2024 for AED 350,000, or AED 947 per sqft, 20% above the AED 786 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 34,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, January 2012: AED 209,000 (AED 565 per sqft)Sold, October 2021: AED 205,000 (AED 555 per sqft)Sold, February 2024: AED 350,000 (AED 947 per sqft)

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

Rents
Unit 509, each contractTypical studio in Lakeside Towers A
20K30K40K20152018202120242027Typical 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, August 2015: AED 38,000 a yearNew contract, September 2016: AED 38,000 a yearNew contract, October 2017: AED 35,000 a yearNew contract, February 2019: AED 27,000 a yearNew contract, May 2020: AED 20,000 a yearRenewal, June 2021: AED 16,500 a yearNew contract, September 2022: AED 25,000 a yearNew contract, May 2024: AED 34,000 a yearRenewal, May 2025: AED 34,000 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 509 sits

All 352 studios →

509 last sold in February 2024 at AED 947 per sqft, 20% above what studios in Lakeside Towers A were fetching at the time (AED 786). 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. 509's AED 34,000 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 5th floor

All 484 units in Lakeside Towers A
Value
5011-bedAED 685K · Aug 2014
5021-bedAED 640K · Dec 2015
503StudioAED 365K · Mar 2024
504StudioAED 390K · May 2016
505StudioAED 345K · Jul 2024
506StudioAED 354K · Aug 2014
507StudioAED 395K · Sep 2025
1–7 of 21

509, Lakeside Towers A in numbers

  • Sold 3 times: first on 24 January 2012 for AED 209,000, last on 27 February 2024 for AED 350,000 (AED 947 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 16,500 in 2021 and recovered to AED 34,000 by May 2025.
  • At AED 34,000 a year the gross yield on the 2024 price is 9.7%, 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 May 2025.

Questions about 509, Lakeside Towers A

What did unit 509 last sell for?

AED 350,000 on 27 February 2024: AED 947 per sqft for 369 sqft. The unit has 3 registered sales; the first was AED 209,000 in January 2012.

What is the rent for unit 509?

AED 34,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 34,000; the unit has been rented since August 2015.

How big is unit 509?

369 sqft (34.3 sqm): a studio on the 5th floor of a 22-storey tower completed in 2014.

What is unit 509 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 509, Lakeside Towers A

Starts from the last sale price (AED 350K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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