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Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 3rd floor · completed 2014

306, Lakeside Towers B

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 195K16 March 2021
Current rentAED 30K /yr24 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Lakeside Towers B

What is 306 worth today?

Last sold for AED 195,000 in 2021

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24 Aug 2023RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
16 Mar 2021SoldReady
AED 195,000AED 533 per sqft
1 Nov 2019RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
1 Nov 2018RentedNew contract
AED 27,000/yr12 months · AED 74 per sqft
15 Apr 2017RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
5 Aug 2009Sold by developerOff-plan
AED 328,500AED 899 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 23
Parking
B3-198
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 195K · March 2021
Building
Lakeside Towers B

About 306, Lakeside Towers B

306 is a studio of 365 sqft on the 3rd floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 16 March 2021 for AED 195,000, or AED 533 per sqft, 6% below the AED 565 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 24 August 2023, is AED 30,000 a year: a gross yield of 15.4% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, August 2009: AED 328,500 (AED 899 per sqft)Sold, March 2021: AED 195,000 (AED 533 per sqft)

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

Rents
Unit 306, 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, April 2017: AED 35,000 a yearNew contract, November 2018: AED 27,000 a yearRenewal, November 2019: AED 27,000 a yearNew contract, August 2023: AED 30,000 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 306 sits

All 352 studios →

306 last sold in March 2021 at AED 533 per sqft, 6% below what studios in Lakeside Towers B were fetching at the time (AED 565). 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. 306's AED 30,000 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 3rd floor

All 484 units in Lakeside Towers B
Value
3011-bedAED 641K · Aug 2009
3021-bedAED 600K · Dec 2015
303StudioAED 329K · Aug 2009
304StudioAED 215K · Oct 2022
305StudioAED 329K · Aug 2009
307StudioAED 315K · Jun 2024
308StudioAED 440K · Nov 2025
1–7 of 21

306, Lakeside Towers B in numbers

  • Sold twice: first on 5 August 2009 for AED 328,500, last on 16 March 2021 for AED 195,000 (AED 533 per sqft).
  • Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2019 and recovered to AED 30,000 by August 2023.
  • At AED 30,000 a year the gross yield on the 2021 price is 15.4%, 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 24 August 2023.

Questions about 306, Lakeside Towers B

What did unit 306 last sell for?

AED 195,000 on 16 March 2021: AED 533 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 328,500 in August 2009.

What is the rent for unit 306?

AED 30,000 a year on the contract signed on 24 August 2023. The previous contract, from November 2019, was AED 27,000; the unit has been rented since April 2017.

How big is unit 306?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2014.

What is unit 306 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 306, Lakeside Towers B

Starts from the last sale price (AED 195K, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 195,000
Deposit, UAE resident (20%)
AED 39,000
Deposit, non-resident (40%)
AED 78,000
Monthly over 25 years at 3.7%
AED 798

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