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Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 16th floor · completed 2014

1606, Lakeside Towers B

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 223K12 September 2022
Current rentAED 36K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1606, Lakeside Towers B

What is 1606 worth today?

Last sold for AED 222,500 in 2022

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5 Aug 2026RentedRenewal
AED 36,000/yr12 months · AED 99 per sqft
5 Aug 2025RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft
5 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft
15 Feb 2024RentedNew contract
AED 23,650/yr6 months · AED 65 per sqft
15 Aug 2023RentedRenewal
AED 21,500/yr6 months · AED 61 per sqft
15 Feb 2023RentedRenewal
AED 43,000/yr6 months · AED 121 per sqft
12 Sep 2022SoldReady
AED 222,500AED 609 per sqft
15 Feb 2022RentedNew contract
AED 19,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
16th of 23
Parking
B1-265
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 223K · September 2022
Building
Lakeside Towers B

About 1606, Lakeside Towers B

1606 is a studio of 365 sqft on the 16th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 12 September 2022 for AED 222,500, or AED 609 per sqft, 4% above the AED 588 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 36,000 a year: a gross yield of 16.2% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 298,400 (AED 817 per sqft)Sold, October 2016: AED 405,000 (AED 1,108 per sqft)Sold, September 2022: AED 222,500 (AED 609 per sqft)

1606 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, each contractTypical studio in Lakeside Towers B
20K40K2015201920232027Typical 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, July 2015: AED 37,000 a yearRenewal, July 2016: AED 37,000 a yearNew contract, July 2017: AED 37,000 a yearRenewal, July 2018: AED 33,000 a yearRenewal, July 2019: AED 26,000 a yearRenewal, July 2020: AED 22,000 a yearNew contract, August 2021: AED 15,914 a yearNew contract, February 2022: AED 19,000 a yearRenewal, February 2023: AED 43,000 a yearRenewal, August 2023: AED 21,500 a yearNew contract, February 2024: AED 23,650 a yearNew contract, August 2024: AED 36,000 a yearNew contract, August 2025: AED 36,000 a yearRenewal, August 2026: AED 36,000 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 1606 sits

All 352 studios →

1606 last sold in September 2022 at AED 609 per sqft, 4% above what studios in Lakeside Towers B were fetching at the time (AED 588). 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. 1606's AED 36,000 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 16th floor

All 484 units in Lakeside Towers B
Value
16011-bedAED 600K · Feb 2026
16021-bedAED 610K · Jan 2014
1603StudioAED 277K · Mar 2019
1604StudioAED 318K · Mar 2024
1605StudioAED 223K · Sep 2022
1607StudioAED 390K · May 2009
1608StudioAED 390K · May 2009
1–7 of 21

1606, Lakeside Towers B in numbers

  • Sold 3 times: first on 9 December 2013 for AED 298,400, last on 12 September 2022 for AED 222,500 (AED 609 per sqft).
  • Rented since July 2015 on 14 Ejari contracts. The rent fell from AED 37,000 to AED 15,914 in 2021 and recovered to AED 36,000 by August 2026.
  • At AED 36,000 a year the gross yield on the 2022 price is 16.2%, before a service charge of about AED 5,000 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 5 August 2026.

Questions about 1606, Lakeside Towers B

What did unit 1606 last sell for?

AED 222,500 on 12 September 2022: AED 609 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 298,400 in December 2013.

What is the rent for unit 1606?

AED 36,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 36,000; the unit has been rented since July 2015.

How big is unit 1606?

365 sqft (33.9 sqm): a studio on the 16th floor of a 23-storey tower completed in 2014.

What is unit 1606 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 1606, Lakeside Towers B

Starts from the last sale price (AED 223K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 222,500
Deposit, UAE resident (20%)
AED 44,500
Deposit, non-resident (40%)
AED 89,000
Monthly over 25 years at 3.7%
AED 910

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