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

516, Lakeside Towers B

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 400K8 September 2026
Current rentAED 30K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Lakeside Towers B

What is 516 worth today?

Last sold for AED 400,000 in 2026

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2 Oct 2026RentedNew contract
AED 30,000/yr12 months · AED 81 per sqft
8 Sep 2026SoldReady
AED 400,000AED 1,083 per sqft
1 Jun 2023RentedRenewal
AED 21,850/yr12 months · AED 59 per sqft
1 Jun 2022RentedNew contract
AED 19,000/yr12 months · AED 51 per sqft
31 May 2021RentedNew contract
AED 17,000/yr12 months · AED 46 per sqft
1 Jun 2020RentedNew contract
AED 19,000/yr12 months · AED 52 per sqft
1 Sep 2019RentedRenewal
AED 25,000/yr12 months · AED 68 per sqft
1 Sep 2018RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
5th of 23
Parking
B3-265
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 400K · September 2026
Building
Lakeside Towers B

About 516, Lakeside Towers B

516 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. It last sold on 8 September 2026 for AED 400,000, or AED 1,083 per sqft, in line with the AED 1,082 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 2 October 2026, is AED 30,000 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 5,100 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Lakeside Towers B
200K400K2007201320192025Typical 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, October 2013: AED 320,450 (AED 867 per sqft)Sold, September 2026: AED 400,000 (AED 1,083 per sqft)

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

Rents
Unit 516, 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, April 2016: AED 38,000 a yearNew contract, June 2017: AED 30,857 a yearNew contract, September 2018: AED 26,000 a yearRenewal, September 2019: AED 25,000 a yearNew contract, June 2020: AED 19,000 a yearNew contract, May 2021: AED 17,000 a yearNew contract, June 2022: AED 19,000 a yearRenewal, June 2023: AED 21,850 a yearNew contract, October 2026: 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 516 sits

All 352 studios →

516 last sold in September 2026 at AED 1,083 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 1,082). 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. 516's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026370,000
12 Sep 2026400,000
21 Aug 2026385,000
20 Aug 2026420,000
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

516, Lakeside Towers B in numbers

  • Sold twice: first on 22 October 2013 for AED 320,450, last on 8 September 2026 for AED 400,000 (AED 1,083 per sqft).
  • Rented since April 2016 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 17,000 in 2021 and recovered to AED 30,000 by October 2026.
  • At AED 30,000 a year the gross yield on the 2026 price is 7.5%, 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 2 October 2026.

Questions about 516, Lakeside Towers B

What did unit 516 last sell for?

AED 400,000 on 8 September 2026: AED 1,083 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 320,450 in October 2013.

What is the rent for unit 516?

AED 30,000 a year on the contract signed on 2 October 2026. The previous contract, from June 2023, was AED 21,850; the unit has been rented since April 2016.

How big is unit 516?

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

What is unit 516 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 516, Lakeside Towers B

Starts from the last sale price (AED 400K, 8 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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