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1-bed · 686 sqftLakeside Towers B, Dubai Production City (IMPZ) · 10th floor · completed 2014

1002, Lakeside Towers B

Sold prices and rental history: sold 4 times, last in March 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 357K10 March 2020
Current rentAED 43K /yr25 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Lakeside Towers B

What is 1002 worth today?

Last sold for AED 356,600 in 2020

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10 Mar 2020SoldReady
AED 356,600AED 520 per sqft
25 May 2018RentedNew contract
AED 43,000/yr12 months · AED 62 per sqft
1 May 2017RentedRenewal
AED 58,000/yr12 months · AED 84 per sqft
26 Jun 2016SoldReady
AED 600,000AED 874 per sqft
1 May 2016RentedNew contract
AED 59,000/yr12 months · AED 86 per sqft
1 May 2015RentedNew contract
AED 58,000/yr12 months · AED 84 per sqft
23 Feb 2014SoldOff-plan
AED 610,000AED 889 per sqft
9 Dec 2013Sold by developerOff-plan
AED 565,040AED 823 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
10th of 23
Parking
B2-226
Developer
The Waves
Completed
2014
Service charge
AED 9,400 /yr
Last sold
AED 357K · March 2020
Building
Lakeside Towers B

About 1002, Lakeside Towers B

1002 is a one-bedroom apartment of 686 sqft on the 10th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 10 March 2020 for AED 356,600, or AED 520 per sqft, 11% below the AED 583 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 25 May 2018, is AED 43,000 a year: a gross yield of 12.1% on the 2020 price, before the service charge of about AED 9,400 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Lakeside Towers B
500K750K2009201420192024Typical sale price by year: 2009 AED 803,000; 2010 AED 719,000; 2012 AED 357,000; 2013 AED 565,040; 2014 AED 610,000; 2015 AED 650,000; 2016 AED 620,000; 2017 AED 590,000; 2018 AED 550,000; 2020 AED 343,300; 2021 AED 337,500; 2022 AED 335,000; 2023 AED 416,500; 2024 AED 520,000; 2025 AED 550,000; 2026 AED 587,728Sold by developer, December 2013: AED 565,040 (AED 823 per sqft)Sold, February 2014: AED 610,000 (AED 889 per sqft)Sold, June 2016: AED 600,000 (AED 874 per sqft)Sold, March 2020: AED 356,600 (AED 520 per sqft)

1002 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Lakeside Towers B
40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 57,000; 2017 AED 54,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 47,200; 2026 AED 50,000New contract, May 2015: AED 58,000 a yearNew contract, May 2016: AED 59,000 a yearRenewal, May 2017: AED 58,000 a yearNew contract, May 2018: 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 B, and where 1002 sits

All 132 1-beds →

1002 last sold in March 2020 at AED 520 per sqft, 11% below what one-beds in Lakeside Towers B were fetching at the time (AED 583). Over the last 12 months one-beds sold for AED 505,000 to 750,000, around AED 886 per sqft, and rent for AED 18,000 to 105,159 a year. 1002's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 2026560,000
2 Jun 2026650,000
4 May 2026550,000
28 Apr 2026505,000
13 1-bed sales in the last 12 months

Lakeside Towers B

Building

484 apartments, studios to 1-bed over 23 floors in Dubai Production City (IMPZ), completed in 2014 by The Waves. 47 sold in the last 12 months.

Typical price per sqft
AED 1,054 Up 12.3%
Typical sale
AED 405K
Typical rent
AED 36K /yr
Typical yield
8.6%
Lakeside Towers B, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 484 units in Lakeside Towers B
Value
10011-bedAED 608K · Oct 2014
1003StudioAED 376K · May 2013
1004StudioAED 410K · Mar 2026
1005StudioAED 340K · Oct 2024
1006StudioAED 377K · Aug 2026
1007StudioAED 395K · Oct 2025
1008StudioAED 415K · May 2017
1–7 of 21

1002, Lakeside Towers B in numbers

  • Sold 4 times: first on 9 December 2013 for AED 565,040, last on 10 March 2020 for AED 356,600 (AED 520 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 58,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2020 price is 12.1%, before a service charge of about AED 9,400 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Towers B sold for AED 505,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.

Source: Dubai Land Department. Updated 10 March 2020.

Questions about 1002, Lakeside Towers B

What did unit 1002 last sell for?

AED 356,600 on 10 March 2020: AED 520 per sqft for 686 sqft. The unit has 4 registered sales; the first was AED 565,040 in December 2013.

What is the rent for unit 1002?

AED 43,000 a year on the contract signed on 25 May 2018. The previous contract, from May 2017, was AED 58,000; the unit has been rented since May 2015.

How big is unit 1002?

686 sqft (63.7 sqm): a one-bedroom apartment on the 10th floor of a 23-storey tower completed in 2014.

What is unit 1002 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 B sold for AED 505,000 to 750,000 in the last 12 months, around AED 886 per sqft.

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Mortgage on 1002, Lakeside Towers B

Starts from the last sale price (AED 357K, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 356,600
Deposit, UAE resident (20%)
AED 71,320
Deposit, non-resident (40%)
AED 142,640
Monthly over 25 years at 3.7%
AED 1,459

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