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Studio · 369 sqftLakeside Towers B, Dubai Production City (IMPZ) · 2nd floor · completed 2014

218, Lakeside Towers B

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 360K17 December 2017
Current rentAED 32K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Lakeside Towers B

What is 218 worth today?

Last sold for AED 360,000 in 2017

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4 Feb 2025RentedRenewal
AED 32,000/yr12 months · AED 87 per sqft
4 Feb 2024RentedRenewal
AED 26,400/yr12 months · AED 71 per sqft
4 Feb 2023RentedNew contract
AED 24,000/yr12 months · AED 65 per sqft
1 Jan 2022RentedRenewal
AED 19,000/yr12 months · AED 52 per sqft
1 Jan 2021RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
1 Jan 2020RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
17 Dec 2017SoldReady
AED 360,000AED 974 per sqft
15 Jul 2016RentedRenewal
AED 38,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
2nd of 23
Parking
B3-87
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 360K · December 2017
Building
Lakeside Towers B

About 218, Lakeside Towers B

218 is a studio of 369 sqft on the 2nd floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 17 December 2017 for AED 360,000, or AED 974 per sqft, 10% below the AED 1,081 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 4 February 2025, is AED 32,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, June 2009: AED 363,000 (AED 982 per sqft)Sold, December 2017: AED 360,000 (AED 974 per sqft)

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

Rents
Unit 218, each contractTypical studio in Lakeside Towers B
20K30K40K20152018202120242027Typical 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 38,000 a yearRenewal, July 2016: AED 38,000 a yearNew contract, January 2020: AED 22,000 a yearRenewal, January 2021: AED 18,000 a yearRenewal, January 2022: AED 19,000 a yearNew contract, February 2023: AED 24,000 a yearRenewal, February 2024: AED 26,400 a yearRenewal, February 2025: AED 32,000 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 218 sits

All 352 studios →

218 last sold in December 2017 at AED 974 per sqft, 10% below what studios in Lakeside Towers B were fetching at the time (AED 1,081). 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. 218's AED 32,000 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 2nd floor

All 484 units in Lakeside Towers B
Value
2011-bedAED 708K · Jun 2009
2021-bedAED 609K · Mar 2014
203StudioAED 247K · Feb 2019
204StudioAED 312K · Jun 2024
205StudioAED 270K · Jan 2024
206StudioAED 246K · Jan 2020
207StudioAED 390K · Jun 2026
1–7 of 21

218, Lakeside Towers B in numbers

  • Sold twice: first on 10 June 2009 for AED 363,000, last on 17 December 2017 for AED 360,000 (AED 974 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2021 and recovered to AED 32,000 by February 2025.
  • At AED 32,000 a year the gross yield on the 2017 price is 8.9%, 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 4 February 2025.

Questions about 218, Lakeside Towers B

What did unit 218 last sell for?

AED 360,000 on 17 December 2017: AED 974 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 363,000 in June 2009.

What is the rent for unit 218?

AED 32,000 a year on the contract renewed on 4 February 2025. The previous contract, from February 2024, was AED 26,400; the unit has been rented since July 2015.

How big is unit 218?

369 sqft (34.3 sqm): a studio on the 2nd floor of a 23-storey tower completed in 2014.

What is unit 218 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 218, Lakeside Towers B

Starts from the last sale price (AED 360K, 17 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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