1-bed · 671 sqftLakeside Towers B, Dubai Production City (IMPZ) · 5th floor · completed 2014

522, Lakeside Towers B

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

Unit 522 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 646K5 August 2009
Current rentAED 40K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 522, Lakeside Towers B

What is 522 worth today?

Last sold for AED 646,200 in 2009

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1 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
15 Mar 2022RentedRenewal
AED 27,600/yr12 months · AED 41 per sqft
15 Mar 2021RentedRenewal
AED 23,000/yr12 months · AED 34 per sqft
15 Mar 2020RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
15 Mar 2019RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
6 Oct 2017RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
15 Jun 2016RentedNew contract
AED 53,000/yr12 months · AED 79 per sqft
5 Aug 2009Sold by developerOff-plan
AED 646,200AED 962 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
5th of 23
Parking
B3-271
Developer
The Waves
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 646K · August 2009

About 522, Lakeside Towers B

522 is a one-bedroom apartment of 671 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 5 August 2009 for AED 646,200, or AED 962 per sqft, 13% below the AED 1,111 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 October 2023, is AED 40,000 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 9,200 a year.

Sales and rents for 522 over time

Sales
Unit 522, each saleTypical one-bed in Lakeside Towers B
500K750K2009201420192024Typical sale price by year: 2009 AED 803,000; 2010 AED 719,000; 2012 AED 357,000; 2013 AED 565,040; 2014 AED 610,000; 2015 AED 650,000; 2016 AED 620,000; 2017 AED 590,000; 2018 AED 550,000; 2020 AED 343,300; 2021 AED 337,500; 2022 AED 335,000; 2023 AED 416,500; 2024 AED 520,000; 2025 AED 550,000; 2026 AED 587,728Sold by developer, August 2009: AED 646,200 (AED 962 per sqft)

522 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 522, each contractTypical one-bed in Lakeside Towers B
20K40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 57,000; 2017 AED 54,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 47,200; 2026 AED 50,000New contract, June 2016: AED 53,000 a yearNew contract, October 2017: AED 45,000 a yearNew contract, March 2019: AED 35,000 a yearRenewal, March 2020: AED 28,000 a yearRenewal, March 2021: AED 23,000 a yearRenewal, March 2022: AED 27,600 a yearNew contract, October 2023: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lakeside Towers B, and where 522 sits

All 132 1-beds →

522 last sold in August 2009 at AED 962 per sqft, 13% below what one-beds in Lakeside Towers B were fetching at the time (AED 1,111). Over the last 12 months one-beds sold for AED 505,000 to 750,000, around AED 886 per sqft, and rent for AED 18,000 to 105,159 a year. 522's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 2026560,000
2 Jun 2026650,000
4 May 2026550,000
28 Apr 2026505,000
13 1-bed 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 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

522, Lakeside Towers B in numbers

  • Sold once: by The Waves on 5 August 2009 for AED 646,200, or AED 962 per sqft.
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 23,000 in 2021 and recovered to AED 40,000 by October 2023.
  • At AED 40,000 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 9,200 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Towers B sold for AED 505,000–750,000 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 1 October 2023.

Questions about 522, Lakeside Towers B

What did unit 522 last sell for?

AED 646,200 on 5 August 2009, sold by the developer: AED 962 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 522?

AED 40,000 a year on the contract signed on 1 October 2023. The previous contract, from March 2022, was AED 27,600; the unit has been rented since June 2016.

How big is unit 522?

671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2014.

What is unit 522 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakeside Towers B sold for AED 505,000 to 750,000 in the last 12 months, around AED 886 per sqft.

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Mortgage on 522, Lakeside Towers B

Starts from the last sale price (AED 646K, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 646,200
Deposit, UAE resident (20%)
AED 129,240
Deposit, non-resident (40%)
AED 258,480
Monthly over 25 years at 3.7%
AED 2,644

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