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Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 5th floor · completed 2014

515, Lakeside Towers B

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 17 August 2025
Last soldAED 312K13 June 2024
Current rentAED 35K /yr17 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Lakeside Towers B

What is 515 worth today?

Last sold for AED 311,500 in 2024

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17 Aug 2025RentedRenewal
AED 35,000/yr12 months · AED 96 per sqft
5 Jul 2025RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
17 Aug 2024RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
13 Jun 2024SoldReady
AED 311,500AED 852 per sqft
20 Jun 2018SoldReady
AED 355,000AED 972 per sqft
19 Aug 2016RentedNew contract
AED 39,000/yr12 months · AED 107 per sqft
10 Jun 2009Sold by developerOff-plan
AED 369,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 17 August 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
5th of 23
Parking
B3-264
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 312K · June 2024
Building
Lakeside Towers B

About 515, Lakeside Towers B

515 is a studio of 365 sqft on the 5th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 13 June 2024 for AED 311,500, or AED 852 per sqft, in line with the AED 839 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 17 August 2025, is AED 35,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 369,000 (AED 1,010 per sqft)Sold, June 2018: AED 355,000 (AED 972 per sqft)Sold, June 2024: AED 311,500 (AED 852 per sqft)

515 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 515, 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, August 2016: AED 39,000 a yearNew contract, August 2024: AED 35,000 a yearNew contract, July 2025: AED 42,000 a yearRenewal, August 2025: AED 35,000 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 515 sits

All 352 studios →

515 last sold in June 2024 at AED 852 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 839). 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. 515'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 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
507StudioAED 369K · May 2009
1–7 of 21

515, Lakeside Towers B in numbers

  • Sold 3 times: first on 10 June 2009 for AED 369,000, last on 13 June 2024 for AED 311,500 (AED 852 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 39,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 11.2%, 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 17 August 2025.

Questions about 515, Lakeside Towers B

What did unit 515 last sell for?

AED 311,500 on 13 June 2024: AED 852 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 369,000 in June 2009.

What is the rent for unit 515?

AED 35,000 a year on the contract renewed on 17 August 2025. The previous contract, from July 2025, was AED 42,000; the unit has been rented since August 2016.

How big is unit 515?

365 sqft (33.9 sqm): a studio on the 5th floor of a 23-storey tower completed in 2014.

What is unit 515 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 515, Lakeside Towers B

Starts from the last sale price (AED 312K, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 311,500
Deposit, UAE resident (20%)
AED 62,300
Deposit, non-resident (40%)
AED 124,600
Monthly over 25 years at 3.7%
AED 1,274

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