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Studio · 369 sqftLakeside Towers B, Dubai Production City (IMPZ) · 11th floor · completed 2014

1114, Lakeside Towers B

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

Unit 1114 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 317K25 April 2024
Current rentAED 25K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1114, Lakeside Towers B

What is 1114 worth today?

Last sold for AED 317,000 in 2024

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9 Sep 2024RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
25 Apr 2024SoldReady
AED 317,000AED 858 per sqft
9 Sep 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
1 Aug 2022RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
21 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 66 per sqft
21 Jul 2021RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
21 Jul 2020RentedRenewal
AED 28,000/yr12 months · AED 77 per sqft
21 Jul 2019RentedRenewal
AED 28,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
11th of 23
Parking
B2-272
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 317K · April 2024
Building
Lakeside Towers B

About 1114, Lakeside Towers B

1114 is a studio of 369 sqft on the 11th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 25 April 2024 for AED 317,000, or AED 858 per sqft, 8% above the AED 792 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 9 September 2024, is AED 25,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1114 over time

Sales
Unit 1114, each saleTypical studio in Lakeside Towers B
200K400K20072012201720222027Typical sale price by year: 2007 AED 418,000; 2009 AED 376,055; 2010 AED 280,000; 2012 AED 190,000; 2013 AED 314,967; 2014 AED 377,000; 2015 AED 390,000; 2016 AED 385,000; 2017 AED 400,000; 2018 AED 355,000; 2019 AED 260,000; 2020 AED 220,000; 2021 AED 205,000; 2022 AED 215,000; 2023 AED 280,000; 2024 AED 324,000; 2025 AED 370,000; 2026 AED 395,000Sold by developer, July 2014: AED 377,000 (AED 1,020 per sqft)Sold, April 2024: AED 317,000 (AED 858 per sqft)

1114 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1114, each contractTypical studio in Lakeside Towers B
20K40K20152018202120242027Typical rent by year: 2015 AED 37,000; 2016 AED 38,000; 2017 AED 36,000; 2018 AED 31,000; 2019 AED 25,000; 2020 AED 19,000; 2021 AED 17,000; 2022 AED 20,000; 2023 AED 24,000; 2024 AED 30,000; 2025 AED 34,000; 2026 AED 35,000New contract, March 2015: AED 40,000 a yearNew contract, June 2016: AED 40,000 a yearNew contract, July 2017: AED 40,000 a yearRenewal, July 2018: AED 36,000 a yearRenewal, July 2019: AED 28,000 a yearRenewal, July 2020: AED 28,000 a yearNew contract, July 2021: AED 24,000 a yearRenewal, July 2021: AED 24,000 a yearNew contract, August 2022: AED 22,000 a yearNew contract, September 2023: AED 25,000 a yearNew contract, September 2024: AED 25,000 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 B, and where 1114 sits

All 352 studios →

1114 last sold in April 2024 at AED 858 per sqft, 8% above what studios in Lakeside Towers B were fetching at the time (AED 792). Over the last 12 months studios sold for AED 333,333 to 440,000, around AED 1,082 per sqft, and rent for AED 19,500 to 60,000 a year. 1114's AED 25,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026370,000
12 Sep 2026400,000
8 Sep 2026400,000
21 Aug 2026385,000
34 studio 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 11th floor

All 484 units in Lakeside Towers B
Value
11011-bedAED 560K · Sep 2026
11021-bedAED 325K · May 2022
1103StudioAED 196K · May 2021
1104StudioAED 260K · Dec 2019
1105StudioAED 360K · Feb 2024
1106StudioAED 380K · Mar 2016
1107StudioAED 462K · Jul 2016
1–7 of 21

1114, Lakeside Towers B in numbers

  • Sold twice: first on 8 July 2014 for AED 377,000, last on 25 April 2024 for AED 317,000 (AED 858 per sqft).
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2022 and recovered to AED 25,000 by September 2024.
  • At AED 25,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 5,100 a year (AED 13.70 per sqft).
  • Studios in Lakeside Towers B sold for AED 333,333–440,000 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 9 September 2024.

Questions about 1114, Lakeside Towers B

What did unit 1114 last sell for?

AED 317,000 on 25 April 2024: AED 858 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 377,000 in July 2014.

What is the rent for unit 1114?

AED 25,000 a year on the contract signed on 9 September 2024. The previous contract, from September 2023, was AED 25,000; the unit has been rented since March 2015.

How big is unit 1114?

369 sqft (34.3 sqm): a studio on the 11th floor of a 23-storey tower completed in 2014.

What is unit 1114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lakeside Towers B sold for AED 333,333 to 440,000 in the last 12 months, around AED 1,082 per sqft.

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Mortgage on 1114, Lakeside Towers B

Starts from the last sale price (AED 317K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 317,000
Deposit, UAE resident (20%)
AED 63,400
Deposit, non-resident (40%)
AED 126,800
Monthly over 25 years at 3.7%
AED 1,297

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