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Studio · 369 sqftLakeside Towers B, Dubai Production City (IMPZ) · 5th floor · completed 2014

507, Lakeside Towers B

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

Unit 507 · DLD and Ejari recordsUpdated 1 December 2026
Last soldAED 369K28 May 2009
Current rentAED 21K /yr1 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Lakeside Towers B

What is 507 worth today?

Last sold for AED 369,000 in 2009

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1 Dec 2026RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
1 Dec 2024RentedNew contract
AED 33,000/yr12 months · AED 90 per sqft
4 Nov 2021RentedNew contract
AED 19,000/yr12 months · AED 52 per sqft
1 Nov 2020RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
1 Nov 2019RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
1 Nov 2017RentedNew contract
AED 33,000/yr12 months · AED 90 per sqft
3 Oct 2016RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 December 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
5th of 23
Parking
B3-245
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 369K · May 2009
Building
Lakeside Towers B

About 507, Lakeside Towers B

507 is a studio of 369 sqft on the 5th 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 28 May 2009 for AED 369,000, or AED 999 per sqft, 5% below the AED 1,056 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 December 2026, is AED 21,000 a year: a gross yield of 5.7% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 369,000 (AED 999 per sqft)

507 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 507, 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, October 2016: AED 38,000 a yearNew contract, November 2017: AED 33,000 a yearRenewal, November 2018: AED 27,000 a yearRenewal, November 2019: AED 23,000 a yearRenewal, November 2020: AED 18,000 a yearNew contract, November 2021: AED 19,000 a yearNew contract, December 2024: AED 33,000 a yearRenewal, December 2026: AED 21,000 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 507 sits

All 352 studios →

507 last sold in May 2009 at AED 999 per sqft, 5% below what studios in Lakeside Towers B were fetching at the time (AED 1,056). 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. 507's AED 21,000 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 5th floor

All 484 units in Lakeside Towers B
Value
5011-bedAED 558K · Aug 2014
5021-bedAED 1.28M · May 2009
503StudioAED 418K · Feb 2016
504StudioAED 375K · Jun 2026
505StudioAED 288K · Jul 2023
506StudioAED 312K · Jun 2024
508StudioAED 462K · Apr 2016
1–7 of 21

507, Lakeside Towers B in numbers

  • Sold once: by The Waves on 28 May 2009 for AED 369,000, or AED 999 per sqft.
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2020 and recovered to AED 21,000 by December 2026.
  • At AED 21,000 a year the gross yield on the 2009 price is 5.7%, 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 December 2026.

Questions about 507, Lakeside Towers B

What did unit 507 last sell for?

AED 369,000 on 28 May 2009, sold by the developer: AED 999 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 21,000 a year on the contract renewed on 1 December 2026. The previous contract, from December 2024, was AED 33,000; the unit has been rented since October 2016.

How big is unit 507?

369 sqft (34.3 sqm): a studio on the 5th floor of a 23-storey tower completed in 2014.

What is unit 507 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 507, Lakeside Towers B

Starts from the last sale price (AED 369K, 28 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 369,000
Deposit, UAE resident (20%)
AED 73,800
Deposit, non-resident (40%)
AED 147,600
Monthly over 25 years at 3.7%
AED 1,510

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