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Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 4th floor · completed 2014

408, Lakeside Towers B

Sold prices and rental history: sold 4 times, last in May 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 26 May 2026
Last soldAED 415K6 May 2025
Current rentAED 40K /yr26 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Lakeside Towers B

What is 408 worth today?

Last sold for AED 415,000 in 2025

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26 May 2026RentedRenewal
AED 40,000/yr12 months · AED 110 per sqft
26 May 2025RentedNew contract
AED 40,000/yr12 months · AED 110 per sqft
6 May 2025SoldReady
AED 415,000AED 1,136 per sqft
27 Nov 2024SoldReady
AED 350,000AED 958 per sqft
1 Sep 2024RentedNew contract
AED 25,900/yr12 months · AED 71 per sqft
1 Sep 2023RentedNew contract
AED 23,460/yr12 months · AED 64 per sqft
1 Sep 2022RentedRenewal
AED 20,400/yr12 months · AED 56 per sqft
1 Sep 2021RentedNew contract
AED 17,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 26 May 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
4th of 23
Parking
B3-224
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 415K · May 2025
Building
Lakeside Towers B

About 408, Lakeside Towers B

408 is a studio of 365 sqft on the 4th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 6 May 2025 for AED 415,000, or AED 1,136 per sqft, 23% above the AED 920 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 40,000 a year: a gross yield of 9.6% on the 2025 price, before the service charge of about AED 5,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, August 2009: AED 330,300 (AED 904 per sqft)Sold, May 2016: AED 400,000 (AED 1,095 per sqft)Sold, November 2024: AED 350,000 (AED 958 per sqft)Sold, May 2025: AED 415,000 (AED 1,136 per sqft)

408 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Lakeside Towers B
20K40K20152018202120242027Typical 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 35,000 a yearNew contract, July 2016: AED 34,813 a yearRenewal, July 2017: AED 35,000 a yearRenewal, July 2018: AED 30,500 a yearRenewal, July 2019: AED 24,000 a yearNew contract, July 2020: AED 21,000 a yearNew contract, September 2021: AED 17,000 a yearRenewal, September 2022: AED 20,400 a yearNew contract, September 2023: AED 23,460 a yearNew contract, September 2024: AED 25,900 a yearNew contract, May 2025: AED 40,000 a yearRenewal, May 2026: AED 40,000 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 408 sits

All 352 studios →

408 last sold in May 2025 at AED 1,136 per sqft, 23% above what studios in Lakeside Towers B were fetching at the time (AED 920). 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. 408's AED 40,000 is in the upper 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 4th floor

All 484 units in Lakeside Towers B
Value
4011-bedAED 545K · Jun 2017
4021-bedAED 590K · Jul 2024
403StudioAED 312K · Jun 2024
404StudioAED 367K · Jun 2009
405StudioAED 312K · Jun 2024
406StudioAED 312K · Jun 2024
407StudioAED 345K · Dec 2024
1–7 of 21

408, Lakeside Towers B in numbers

  • Sold 4 times: first on 5 August 2009 for AED 330,300, last on 6 May 2025 for AED 415,000 (AED 1,136 per sqft).
  • Rented since July 2015 on 12 Ejari contracts. The rent fell from AED 35,000 to AED 17,000 in 2021 and recovered to AED 40,000 by May 2026.
  • At AED 40,000 a year the gross yield on the 2025 price is 9.6%, 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 1,054 per sqft.

Source: Dubai Land Department. Updated 26 May 2026.

Questions about 408, Lakeside Towers B

What did unit 408 last sell for?

AED 415,000 on 6 May 2025: AED 1,136 per sqft for 365 sqft. The unit has 4 registered sales; the first was AED 330,300 in August 2009.

What is the rent for unit 408?

AED 40,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 40,000; the unit has been rented since July 2015.

How big is unit 408?

365 sqft (33.9 sqm): a studio on the 4th floor of a 23-storey tower completed in 2014.

What is unit 408 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 408, Lakeside Towers B

Starts from the last sale price (AED 415K, 6 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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