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Studio · 374 sqftLakeside Towers B, Dubai Production City (IMPZ) · 12th floor · completed 2014

1203, Lakeside Towers B

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 363K17 December 2013
Current rentAED 35K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Lakeside Towers B

What is 1203 worth today?

Last sold for AED 362,900 in 2013

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1 Mar 2026RentedRenewal
AED 35,000/yr12 months · AED 94 per sqft
1 Mar 2025RentedNew contract
AED 32,000/yr12 months · AED 86 per sqft
5 Jan 2024RentedNew contract
AED 23,433/yr11 months · AED 63 per sqft
2 Feb 2023RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
20 Dec 2022RentedRenewal
AED 19,500/yr12 months · AED 52 per sqft
20 Dec 2021RentedNew contract
AED 17,000/yr12 months · AED 45 per sqft
20 Dec 2020RentedNew contract
AED 15,500/yr12 months · AED 41 per sqft
12 Oct 2019RentedRenewal
AED 22,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
12th of 23
Parking
B2-283
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 363K · December 2013
Building
Lakeside Towers B

About 1203, Lakeside Towers B

1203 is a studio of 374 sqft on the 12th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. The developer sold it on 17 December 2013 for AED 362,900, or AED 970 per sqft, 15% above the AED 844 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 35,000 a year: a gross yield of 9.6% on the 2013 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 393,200Sold by developer, December 2013: AED 362,900 (AED 970 per sqft)

1203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, 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, May 2015: AED 35,000 a yearNew contract, June 2016: AED 35,000 a yearRenewal, June 2017: AED 35,000 a yearNew contract, October 2018: AED 24,000 a yearRenewal, October 2019: AED 22,000 a yearNew contract, December 2020: AED 15,500 a yearNew contract, December 2021: AED 17,000 a yearRenewal, December 2022: AED 19,500 a yearNew contract, February 2023: AED 30,000 a yearNew contract, January 2024: AED 23,433 a yearNew contract, March 2025: AED 32,000 a yearRenewal, March 2026: AED 35,000 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 1203 sits

All 352 studios →

1203 last sold in December 2013 at AED 970 per sqft, 15% above what studios in Lakeside Towers B were fetching at the time (AED 844). Over the last 12 months studios sold for AED 333,333 to 440,000, around AED 1,081 per sqft, and rent for AED 19,500 to 60,000 a year. 1203's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026372,000
7 Oct 2026370,000
12 Sep 2026400,000
8 Sep 2026400,000
35 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. 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 12th floor

All 484 units in Lakeside Towers B
Value
12011-bedAED 505K · Apr 2026
12021-bedAED 1.39M · Feb 2015
1204StudioAED 354K · Mar 2014
1205StudioAED 390K · Nov 2017
1206StudioAED 300K · Oct 2023
1207StudioAED 285K · Sep 2023
1208StudioAED 200K · Feb 2020
1–7 of 21

1203, Lakeside Towers B in numbers

  • Sold once: by The Waves on 17 December 2013 for AED 362,900, or AED 970 per sqft.
  • Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 35,000 to AED 15,500 in 2020 and recovered to AED 35,000 by March 2026.
  • At AED 35,000 a year the gross yield on the 2013 price is 9.6%, 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 1,048 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 1203, Lakeside Towers B

What did unit 1203 last sell for?

AED 362,900 on 17 December 2013, sold by the developer: AED 970 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 35,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 32,000; the unit has been rented since May 2015.

How big is unit 1203?

374 sqft (34.7 sqm): a studio on the 12th floor of a 23-storey tower completed in 2014.

What is unit 1203 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 1,081 per sqft.

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Mortgage on 1203, Lakeside Towers B

Starts from the last sale price (AED 363K, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 362,900
Deposit, UAE resident (20%)
AED 72,580
Deposit, non-resident (40%)
AED 145,160
Monthly over 25 years at 3.7%
AED 1,485

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