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Studio · 369 sqftLakeside Towers B, Dubai Production City (IMPZ) · 20th floor · completed 2014

2016, Lakeside Towers B

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 380K27 August 2025
Current rentAED 35K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2016, Lakeside Towers B

What is 2016 worth today?

Last sold for AED 380,000 in 2025

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1 Oct 2026RentedRenewal
AED 35,000/yr12 months · AED 96 per sqft
1 Oct 2026RentedNew contract
AED 36,000/yr4 months · AED 97 per sqft
1 Oct 2025RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
27 Aug 2025SoldReady
AED 380,000AED 1,028 per sqft
15 Sep 2024RentedRenewal
AED 27,324/yr12 months · AED 75 per sqft
15 Sep 2023RentedRenewal
AED 22,770/yr12 months · AED 62 per sqft
15 Sep 2022RentedRenewal
AED 19,800/yr12 months · AED 54 per sqft
15 Sep 2021RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
20th of 23
Parking
P2-63
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 380K · August 2025
Building
Lakeside Towers B

About 2016, Lakeside Towers B

2016 is a studio of 369 sqft on the 20th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 27 August 2025 for AED 380,000, or AED 1,028 per sqft, 7% above the AED 958 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 35,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 5,100 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, May 2009: AED 416,000 (AED 1,126 per sqft)Sold, August 2025: AED 380,000 (AED 1,028 per sqft)

2016 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2016, each contractTypical studio in Lakeside Towers B
20K30K40K2015201920232027Typical 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, April 2015: AED 36,000 a yearRenewal, April 2016: AED 36,000 a yearRenewal, April 2017: AED 36,000 a yearNew contract, September 2018: AED 25,000 a yearRenewal, September 2019: AED 24,000 a yearRenewal, September 2020: AED 18,000 a yearRenewal, September 2021: AED 16,500 a yearRenewal, September 2022: AED 19,800 a yearRenewal, September 2023: AED 22,770 a yearRenewal, September 2024: AED 27,324 a yearNew contract, October 2025: AED 35,000 a yearRenewal, October 2026: AED 35,000 a yearNew contract, October 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 2016 sits

All 352 studios →

2016 last sold in August 2025 at AED 1,028 per sqft, 7% above what studios in Lakeside Towers B were fetching at the time (AED 958). 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. 2016's AED 35,000 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 20th floor

All 484 units in Lakeside Towers B
Value
20011-bedAED 425K · Nov 2018
20021-bedAED 848K · Aug 2009
2003StudioAED 340K · May 2024
2004StudioAED 395K · Dec 2015
2005StudioAED 221K · Sep 2022
2006StudioAED 350K · Jun 2018
2007StudioAED 385K · Aug 2026
1–7 of 21

2016, Lakeside Towers B in numbers

  • Sold twice: first on 28 May 2009 for AED 416,000, last on 27 August 2025 for AED 380,000 (AED 1,028 per sqft).
  • Rented since April 2015 on 13 Ejari contracts. The rent fell from AED 36,000 to AED 16,500 in 2021 and recovered to AED 35,000 by October 2026.
  • At AED 35,000 a year the gross yield on the 2025 price is 9.2%, 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 1 October 2026.

Questions about 2016, Lakeside Towers B

What did unit 2016 last sell for?

AED 380,000 on 27 August 2025: AED 1,028 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 416,000 in May 2009.

What is the rent for unit 2016?

AED 35,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2026, was AED 36,000; the unit has been rented since April 2015.

How big is unit 2016?

369 sqft (34.3 sqm): a studio on the 20th floor of a 23-storey tower completed in 2014.

What is unit 2016 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 2016, Lakeside Towers B

Starts from the last sale price (AED 380K, 27 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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