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Studio · 374 sqftLakeside Towers B, Dubai Production City (IMPZ) · 7th floor · completed 2014

703, Lakeside Towers B

Sold prices and rental history: sold 3 times, last in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 400K23 November 2015
Current rentAED 35K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Lakeside Towers B

What is 703 worth today?

Last sold for AED 400,000 in 2015

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12 Aug 2026RentedNew contract
AED 35,000/yr12 months · AED 94 per sqft
9 Feb 2026RentedNew contract
AED 45,000/yr12 months · AED 120 per sqft
5 Dec 2024RentedRenewal
AED 36,000/yr12 months · AED 96 per sqft
5 Dec 2023RentedNew contract
AED 35,000/yr12 months · AED 94 per sqft
21 Aug 2023RentedNew contract
AED 32,000/yr12 months · AED 86 per sqft
16 May 2023RentedNew contract
AED 24,000/yr3 months · AED 64 per sqft
23 Oct 2022RentedNew contract
AED 26,000/yr12 months · AED 70 per sqft
3 Feb 2021RentedNew contract
AED 22,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
7th of 23
Parking
B3-296
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 400K · November 2015
Building
Lakeside Towers B

About 703, Lakeside Towers B

703 is a studio of 374 sqft on the 7th floor of Lakeside Towers B, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 23 November 2015 for AED 400,000, or AED 1,069 per sqft, in line with the AED 1,067 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 12 August 2026, is AED 35,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 5,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 393,200Sold by developer, November 2013: AED 324,700 (AED 868 per sqft)Sold, March 2014: AED 401,100 (AED 1,072 per sqft)Sold, November 2015: AED 400,000 (AED 1,069 per sqft)

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

Rents
Unit 703, each contractTypical studio in Lakeside Towers B
20K40K2015201920232027Typical 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 2015: AED 38,000 a yearRenewal, April 2016: AED 38,000 a yearNew contract, July 2017: AED 36,000 a yearRenewal, July 2018: AED 36,000 a yearNew contract, February 2021: AED 22,000 a yearNew contract, October 2022: AED 26,000 a yearNew contract, May 2023: AED 24,000 a yearNew contract, August 2023: AED 32,000 a yearNew contract, December 2023: AED 35,000 a yearRenewal, December 2024: AED 36,000 a yearNew contract, February 2026: AED 45,000 a yearNew contract, August 2026: 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 703 sits

All 352 studios →

703 last sold in November 2015 at AED 1,069 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 1,067). Over the last 12 months studios sold for AED 333,333 to 440,000, around AED 1,081 per sqft, and rent for AED 19,500 to 60,000 a year. 703's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026372,000
7 Oct 2026370,000
12 Sep 2026400,000
8 Sep 2026400,000
35 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. 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 7th floor

All 484 units in Lakeside Towers B
Value
7011-bedAED 665K · Feb 2014
7021-bedAED 615K · Apr 2017
704StudioAED 373K · Jun 2009
705StudioAED 421K · May 2014
706StudioAED 205K · May 2021
707StudioAED 415K · May 2026
708StudioAED 350K · Jan 2025
1–7 of 21

703, Lakeside Towers B in numbers

  • Sold 3 times: first on 6 November 2013 for AED 324,700, last on 23 November 2015 for AED 400,000 (AED 1,069 per sqft).
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 35,000 by August 2026.
  • At AED 35,000 a year the gross yield on the 2015 price is 8.8%, 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 1,048 per sqft.

Source: Dubai Land Department. Updated 12 August 2026.

Questions about 703, Lakeside Towers B

What did unit 703 last sell for?

AED 400,000 on 23 November 2015: AED 1,069 per sqft for 374 sqft. The unit has 3 registered sales; the first was AED 324,700 in November 2013.

What is the rent for unit 703?

AED 35,000 a year on the contract signed on 12 August 2026. The previous contract, from February 2026, was AED 45,000; the unit has been rented since April 2015.

How big is unit 703?

374 sqft (34.7 sqm): a studio on the 7th floor of a 23-storey tower completed in 2014.

What is unit 703 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 1,081 per sqft.

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Mortgage on 703, Lakeside Towers B

Starts from the last sale price (AED 400K, 23 November 2015). 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 →