1-bed · 812 sqftLakeside Towers B, Dubai Production City (IMPZ) · 10th floor · completed 2014

1012, Lakeside Towers B

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 656K19 October 2016
Current rentAED 37K /yr29 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Lakeside Towers B

What is 1012 worth today?

Last sold for AED 655,500 in 2016

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29 Jan 2024RentedRenewal
AED 36,500/yr12 months · AED 45 per sqft
29 Jan 2023RentedNew contract
AED 33,350/yr12 months · AED 41 per sqft
12 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 31 per sqft
20 Jan 2018RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
20 Jan 2017RentedNew contract
AED 62,000/yr12 months · AED 77 per sqft
19 Oct 2016SoldReady
AED 655,500AED 807 per sqft
20 Jan 2016RentedNew contract
AED 62,000/yr12 months · AED 76 per sqft
8 Jul 2009Sold by developerOff-plan
AED 707,600AED 871 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
10th of 23
Parking
B2-236
Developer
The Waves
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 656K · October 2016

About 1012, Lakeside Towers B

1012 is a one-bedroom apartment of 812 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 19 October 2016 for AED 655,500, or AED 807 per sqft, 7% below the AED 865 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 29 January 2024, is AED 36,500 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1012 over time

Sales
Unit 1012, 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, July 2009: AED 707,600 (AED 871 per sqft)Sold, October 2016: AED 655,500 (AED 807 per sqft)

1012 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1012, each contractTypical one-bed in Lakeside Towers B
20K40K60K20152018202120242027Typical 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, January 2016: AED 62,000 a yearNew contract, January 2017: AED 62,000 a yearRenewal, January 2018: AED 62,000 a yearNew contract, October 2021: AED 25,000 a yearNew contract, January 2023: AED 33,350 a yearRenewal, January 2024: AED 36,500 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 1012 sits

All 132 1-beds →

1012 last sold in October 2016 at AED 807 per sqft, 7% below what one-beds in Lakeside Towers B were fetching at the time (AED 865). 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. 1012's AED 36,500 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. 48 sold in the last 12 months.

Typical price per sqft
AED 1,048 Up 11.7%
Typical sale
AED 403K
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
10021-bedAED 357K · Mar 2020
1003StudioAED 376K · May 2013
1004StudioAED 410K · Mar 2026
1005StudioAED 340K · Oct 2024
1006StudioAED 377K · Aug 2026
1007StudioAED 395K · Oct 2025
1–7 of 21

1012, Lakeside Towers B in numbers

  • Sold twice: first on 8 July 2009 for AED 707,600, last on 19 October 2016 for AED 655,500 (AED 807 per sqft).
  • Rented since January 2016 on 6 Ejari contracts. The rent fell from AED 62,000 to AED 25,000 in 2021 and recovered to AED 36,500 by January 2024.
  • At AED 36,500 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 11,100 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 1,048 per sqft.

Source: Dubai Land Department. Updated 29 January 2024.

Questions about 1012, Lakeside Towers B

What did unit 1012 last sell for?

AED 655,500 on 19 October 2016: AED 807 per sqft for 812 sqft. The unit has 2 registered sales; the first was AED 707,600 in July 2009.

What is the rent for unit 1012?

AED 36,500 a year on the contract renewed on 29 January 2024. The previous contract, from January 2023, was AED 33,350; the unit has been rented since January 2016.

How big is unit 1012?

812 sqft (75.4 sqm): a one-bedroom apartment on the 10th floor of a 23-storey tower completed in 2014.

What is unit 1012 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 1012, Lakeside Towers B

Starts from the last sale price (AED 656K, 19 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 655,500
Deposit, UAE resident (20%)
AED 131,100
Deposit, non-resident (40%)
AED 262,200
Monthly over 25 years at 3.7%
AED 2,682

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