Studio · 374 sqftLakeside Towers B, Dubai Production City (IMPZ) · 15th floor · completed 2014

1503, Lakeside Towers B

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 516K8 July 2014
Current rentAED 40K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Lakeside Towers B

What is 1503 worth today?

Last sold for AED 515,850 in 2014

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15 Dec 2025RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
27 Nov 2024RentedRenewal
AED 26,979/yr12 months · AED 72 per sqft
27 Nov 2023RentedRenewal
AED 23,460/yr12 months · AED 63 per sqft
27 Nov 2022RentedRenewal
AED 20,400/yr12 months · AED 55 per sqft
27 Nov 2021RentedNew contract
AED 17,000/yr12 months · AED 45 per sqft
27 Nov 2020RentedRenewal
AED 20,000/yr12 months · AED 53 per sqft
27 Nov 2019RentedRenewal
AED 25,000/yr12 months · AED 67 per sqft
27 Nov 2018RentedNew contract
AED 35,700/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
15th of 23
Parking
B1-222
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 516K · July 2014

About 1503, Lakeside Towers B

1503 is a studio of 374 sqft on the 15th 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 8 July 2014 for AED 515,850, or AED 1,379 per sqft, 59% above the AED 868 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 15 December 2025, is AED 40,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, July 2014: AED 515,850 (AED 1,379 per sqft)

1503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, 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, October 2016: AED 36,000 a yearNew contract, November 2017: AED 34,000 a yearNew contract, November 2018: AED 35,700 a yearRenewal, November 2019: AED 25,000 a yearRenewal, November 2020: AED 20,000 a yearNew contract, November 2021: AED 17,000 a yearRenewal, November 2022: AED 20,400 a yearRenewal, November 2023: AED 23,460 a yearRenewal, November 2024: AED 26,979 a yearNew contract, December 2025: AED 40,000 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 1503 sits

All 352 studios →

1503 last sold in July 2014 at AED 1,379 per sqft, 59% above what studios in Lakeside Towers B were fetching at the time (AED 868). 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. 1503's AED 40,000 is in the upper 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 15th floor

All 484 units in Lakeside Towers B
Value
15011-bedAED 550K · Oct 2025
15021-bedAED 682K · Sep 2014
1504StudioAED 410K · Nov 2016
1505StudioAED 388K · Aug 2025
1506StudioAED 354K · Dec 2013
1507StudioAED 275K · Mar 2019
1508StudioAED 410K · Oct 2025
1–7 of 21

1503, Lakeside Towers B in numbers

  • Sold once: by The Waves on 8 July 2014 for AED 515,850, or AED 1,379 per sqft.
  • Rented since October 2016 on 10 Ejari contracts. The rent fell from AED 36,000 to AED 17,000 in 2021 and recovered to AED 40,000 by December 2025.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.8%, 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 15 December 2025.

Questions about 1503, Lakeside Towers B

What did unit 1503 last sell for?

AED 515,850 on 8 July 2014, sold by the developer: AED 1,379 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 40,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 26,979; the unit has been rented since October 2016.

How big is unit 1503?

374 sqft (34.7 sqm): a studio on the 15th floor of a 23-storey tower completed in 2014.

What is unit 1503 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 1503, Lakeside Towers B

Starts from the last sale price (AED 516K, 8 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 515,850
Deposit, UAE resident (20%)
AED 103,170
Deposit, non-resident (40%)
AED 206,340
Monthly over 25 years at 3.7%
AED 2,111

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