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1-bed · 671 sqftLakeside Towers A, Dubai Production City (IMPZ) · 7th floor · completed 2014

701, Lakeside Towers A

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

Unit 701 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 725K10 June 2009
Current rentAED 38K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Lakeside Towers A

What is 701 worth today?

Last sold for AED 725,000 in 2009

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1 Jun 2025RentedRenewal
AED 38,000/yr12 months · AED 57 per sqft
1 Jun 2025RentedRenewal
AED 51,000/yr12 months · AED 76 per sqft
1 Jun 2024RentedRenewal
AED 36,000/yr12 months · AED 54 per sqft
1 Jun 2023RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedNew contract
AED 29,000/yr12 months · AED 43 per sqft
26 May 2022RentedNew contract
AED 29,000/yr12 months · AED 43 per sqft
1 Nov 2021RentedRenewal
AED 23,000/yr12 months · AED 34 per sqft
1 Nov 2020RentedRenewal
AED 23,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
7th of 22
Parking
B2-119
Developer
The Waves
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 725K · June 2009
Building
Lakeside Towers A

About 701, Lakeside Towers A

701 is a one-bedroom apartment of 671 sqft on the 7th 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 10 June 2009 for AED 725,000, or AED 1,080 per sqft, 15% above the AED 942 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 38,000 a year: a gross yield of 5.2% on the 2009 price, before the service charge of about AED 9,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, June 2009: AED 725,000 (AED 1,080 per sqft)

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

Rents
Unit 701, 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, September 2015: AED 58,000 a yearNew contract, October 2016: AED 55,000 a yearNew contract, November 2017: AED 48,000 a yearRenewal, November 2018: AED 40,000 a yearRenewal, November 2019: AED 32,000 a yearRenewal, November 2020: AED 23,000 a yearRenewal, November 2021: AED 23,000 a yearNew contract, May 2022: AED 29,000 a yearNew contract, June 2022: AED 29,000 a yearRenewal, June 2023: AED 32,000 a yearRenewal, June 2024: AED 36,000 a yearRenewal, June 2025: AED 38,000 a yearRenewal, June 2025: AED 51,000 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 701 sits

All 132 1-beds →

701 last sold in June 2009 at AED 1,080 per sqft, 15% above what one-beds in Lakeside Towers A were fetching at the time (AED 942). 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. 701's AED 38,000 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 7th floor

All 484 units in Lakeside Towers A
Value
7021-bedAED 640K · May 2017
703StudioAED 380K · Oct 2025
704StudioAED 321K · May 2009
705StudioAED 321K · May 2009
706StudioAED 218K · Sep 2021
707StudioAED 390K · Jul 2025
708StudioAED 345K · Apr 2024
1–7 of 21

701, Lakeside Towers A in numbers

  • Sold once: by The Waves on 10 June 2009 for AED 725,000, or AED 1,080 per sqft.
  • Rented since September 2015 on 13 Ejari contracts. The rent fell from AED 58,000 to AED 23,000 in 2021 and recovered to AED 38,000 by June 2025.
  • At AED 38,000 a year the gross yield on the 2009 price is 5.2%, before a service charge of about AED 9,200 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 June 2025.

Questions about 701, Lakeside Towers A

What did unit 701 last sell for?

AED 725,000 on 10 June 2009, sold by the developer: AED 1,080 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 38,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 51,000; the unit has been rented since September 2015.

How big is unit 701?

671 sqft (62.3 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2014.

What is unit 701 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 701, Lakeside Towers A

Starts from the last sale price (AED 725K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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