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Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 7th floor · completed 2014

704, Lakeside Towers B

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 373K10 June 2009
Current rentAED 33K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Lakeside Towers B

What is 704 worth today?

Last sold for AED 373,000 in 2009

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25 Sep 2026RentedRenewal
AED 33,000/yr12 months · AED 90 per sqft
5 Aug 2026RentedRenewal
AED 33,000/yr12 months · AED 90 per sqft
20 Nov 2025RentedNew contract
AED 34,000/yr12 months · AED 93 per sqft
5 Aug 2025RentedRenewal
AED 29,000/yr12 months · AED 79 per sqft
5 Aug 2024RentedRenewal
AED 27,600/yr12 months · AED 76 per sqft
5 Aug 2023RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
5 Aug 2022RentedRenewal
AED 20,700/yr12 months · AED 57 per sqft
5 Aug 2021RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
7th of 23
Parking
B3-297
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 373K · June 2009
Building
Lakeside Towers B

About 704, Lakeside Towers B

704 is a studio of 365 sqft on the 7th 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 10 June 2009 for AED 373,000, or AED 1,021 per sqft, in line with the AED 1,043 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 33,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, June 2009: AED 373,000 (AED 1,021 per sqft)

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

Rents
Unit 704, 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, May 2015: AED 38,000 a yearRenewal, May 2016: AED 38,000 a yearNew contract, June 2017: AED 33,000 a yearNew contract, June 2018: AED 33,000 a yearNew contract, August 2019: AED 22,000 a yearRenewal, August 2020: AED 20,000 a yearRenewal, August 2021: AED 18,000 a yearRenewal, August 2022: AED 20,700 a yearRenewal, August 2023: AED 23,000 a yearRenewal, August 2024: AED 27,600 a yearRenewal, August 2025: AED 29,000 a yearNew contract, November 2025: AED 34,000 a yearRenewal, August 2026: AED 33,000 a yearRenewal, September 2026: AED 33,000 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 704 sits

All 352 studios →

704 last sold in June 2009 at AED 1,021 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 1,043). 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. 704's AED 33,000 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
703StudioAED 400K · Nov 2015
705StudioAED 421K · May 2014
706StudioAED 205K · May 2021
707StudioAED 415K · May 2026
708StudioAED 350K · Jan 2025
1–7 of 21

704, Lakeside Towers B in numbers

  • Sold once: by The Waves on 10 June 2009 for AED 373,000, or AED 1,021 per sqft.
  • Rented since May 2015 on 14 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2021 and recovered to AED 33,000 by September 2026.
  • At AED 33,000 a year the gross yield on the 2009 price is 8.8%, 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 1,048 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 704, Lakeside Towers B

What did unit 704 last sell for?

AED 373,000 on 10 June 2009, sold by the developer: AED 1,021 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 33,000 a year on the contract renewed on 25 September 2026. The previous contract, from August 2026, was AED 33,000; the unit has been rented since May 2015.

How big is unit 704?

365 sqft (33.9 sqm): a studio on the 7th floor of a 23-storey tower completed in 2014.

What is unit 704 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 704, Lakeside Towers B

Starts from the last sale price (AED 373K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 373,000
Deposit, UAE resident (20%)
AED 74,600
Deposit, non-resident (40%)
AED 149,200
Monthly over 25 years at 3.7%
AED 1,526

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