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1-bed · 686 sqftLakeside Towers B, Dubai Production City (IMPZ) · 20th floor · completed 2014

2002, Lakeside Towers B

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 848K5 August 2009
Current rentAED 50K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2002, Lakeside Towers B

What is 2002 worth today?

Last sold for AED 848,000 in 2009

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20 Nov 2024RentedRenewal
AED 50,000/yr12 months · AED 73 per sqft
20 Nov 2023RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
20 Nov 2022RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
20 Nov 2021RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
20 Nov 2020RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
20 Nov 2019RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
20 Nov 2018RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
1 Sep 2017RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
20th of 23
Parking
P1-159
Developer
The Waves
Completed
2014
Service charge
AED 9,400 /yr
Last sold
AED 848K · August 2009
Building
Lakeside Towers B

About 2002, Lakeside Towers B

2002 is a one-bedroom apartment of 686 sqft on the 20th 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 5 August 2009 for AED 848,000, or AED 1,236 per sqft, 11% above the AED 1,111 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 50,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical one-bed in Lakeside Towers B
250K500K750K2009201420192024Typical 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, August 2009: AED 848,000 (AED 1,236 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Lakeside Towers B
40K60K20152018202120242027Typical 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, February 2016: AED 60,000 a yearNew contract, September 2017: AED 50,000 a yearNew contract, November 2018: AED 55,000 a yearRenewal, November 2019: AED 55,000 a yearRenewal, November 2020: AED 48,000 a yearRenewal, November 2021: AED 48,000 a yearRenewal, November 2022: AED 48,000 a yearRenewal, November 2023: AED 48,000 a yearRenewal, November 2024: AED 50,000 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 2002 sits

All 132 1-beds →

2002 last sold in August 2009 at AED 1,236 per sqft, 11% above what one-beds in Lakeside Towers B were fetching at the time (AED 1,111). 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. 2002's AED 50,000 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. 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 20th floor

All 484 units in Lakeside Towers B
Value
20011-bedAED 425K · Nov 2018
2003StudioAED 340K · May 2024
2004StudioAED 395K · Dec 2015
2005StudioAED 221K · Sep 2022
2006StudioAED 350K · Jun 2018
2007StudioAED 385K · Aug 2026
2008StudioAED 420K · Aug 2025
1–7 of 21

2002, Lakeside Towers B in numbers

  • Sold once: by The Waves on 5 August 2009 for AED 848,000, or AED 1,236 per sqft.
  • Rented since February 2016 on 9 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 9,400 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 1,054 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 2002, Lakeside Towers B

What did unit 2002 last sell for?

AED 848,000 on 5 August 2009, sold by the developer: AED 1,236 per sqft for 686 sqft. It is the only registered sale of the unit.

What is the rent for unit 2002?

AED 50,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 48,000; the unit has been rented since February 2016.

How big is unit 2002?

686 sqft (63.7 sqm): a one-bedroom apartment on the 20th floor of a 23-storey tower completed in 2014.

What is unit 2002 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 2002, Lakeside Towers B

Starts from the last sale price (AED 848K, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 848,000
Deposit, UAE resident (20%)
AED 169,600
Deposit, non-resident (40%)
AED 339,200
Monthly over 25 years at 3.7%
AED 3,469

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