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Studio · 369 sqftLakeside Towers B, Dubai Production City (IMPZ) · 7th floor · completed 2014

705, Lakeside Towers B

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 421K7 May 2014
Current rentAED 31K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Lakeside Towers B

What is 705 worth today?

Last sold for AED 421,000 in 2014

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1 Oct 2026RentedNew contract
AED 31,000/yr12 months · AED 85 per sqft
1 Oct 2024RentedNew contract
AED 26,979/yr12 months · AED 73 per sqft
1 Oct 2023RentedRenewal
AED 23,460/yr12 months · AED 64 per sqft
1 Oct 2022RentedRenewal
AED 20,400/yr12 months · AED 55 per sqft
1 Oct 2021RentedRenewal
AED 17,000/yr12 months · AED 46 per sqft
1 Oct 2020RentedRenewal
AED 17,000/yr12 months · AED 46 per sqft
1 Oct 2019RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
23 May 2019RentedNew contract
AED 30,000/yr6 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
7th of 23
Parking
B2-64
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 421K · May 2014
Building
Lakeside Towers B

About 705, Lakeside Towers B

705 is a studio of 369 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 7 May 2014 for AED 421,000, or AED 1,139 per sqft, 31% above the AED 868 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 1 October 2026, is AED 31,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 5,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, April 2014: AED 377,000 (AED 1,020 per sqft)Sold, May 2014: AED 421,000 (AED 1,139 per sqft)

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

Rents
Unit 705, 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 2015: AED 38,000 a yearRenewal, April 2016: AED 38,000 a yearRenewal, April 2017: AED 38,000 a yearNew contract, May 2018: AED 30,000 a yearNew contract, May 2019: AED 30,000 a yearNew contract, October 2019: AED 22,000 a yearRenewal, October 2020: AED 17,000 a yearRenewal, October 2021: AED 17,000 a yearRenewal, October 2022: AED 20,400 a yearRenewal, October 2023: AED 23,460 a yearNew contract, October 2024: AED 26,979 a yearNew contract, October 2026: AED 31,000 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 705 sits

All 352 studios →

705 last sold in May 2014 at AED 1,139 per sqft, 31% above what studios in Lakeside Towers B were fetching at the time (AED 868). 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. 705's AED 31,000 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 7th floor

All 484 units in Lakeside Towers B
Value
7011-bedAED 665K · Feb 2014
7021-bedAED 615K · Apr 2017
703StudioAED 400K · Nov 2015
704StudioAED 373K · Jun 2009
706StudioAED 205K · May 2021
707StudioAED 415K · May 2026
708StudioAED 350K · Jan 2025
1–7 of 21

705, Lakeside Towers B in numbers

  • Sold twice: first on 2 April 2014 for AED 377,000, last on 7 May 2014 for AED 421,000 (AED 1,139 per sqft).
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 38,000 to AED 17,000 in 2021 and recovered to AED 31,000 by October 2026.
  • At AED 31,000 a year the gross yield on the 2014 price is 7.4%, 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 1 October 2026.

Questions about 705, Lakeside Towers B

What did unit 705 last sell for?

AED 421,000 on 7 May 2014: AED 1,139 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 377,000 in April 2014.

What is the rent for unit 705?

AED 31,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2024, was AED 26,979; the unit has been rented since April 2015.

How big is unit 705?

369 sqft (34.3 sqm): a studio on the 7th floor of a 23-storey tower completed in 2014.

What is unit 705 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 705, Lakeside Towers B

Starts from the last sale price (AED 421K, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 421,000
Deposit, UAE resident (20%)
AED 84,200
Deposit, non-resident (40%)
AED 168,400
Monthly over 25 years at 3.7%
AED 1,722

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