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

706, Lakeside Towers B

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 205K24 May 2021
Current rentAED 28K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Lakeside Towers B

What is 706 worth today?

Last sold for AED 205,000 in 2021

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15 Feb 2026RentedRenewal
AED 27,500/yr12 months · AED 75 per sqft
15 Feb 2026RentedRenewal
AED 27,500/yr12 months · AED 75 per sqft
4 Feb 2026RentedNew contract
AED 40,000/yr12 months · AED 110 per sqft
15 Feb 2025RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
15 Feb 2024RentedNew contract
AED 32,000/yr12 months · AED 87 per sqft
25 Oct 2022RentedRenewal
AED 18,500/yr12 months · AED 51 per sqft
25 Oct 2021RentedNew contract
AED 17,000/yr12 months · AED 46 per sqft
24 May 2021SoldReady
AED 205,000AED 561 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
7th of 23
Parking
B2-65
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 205K · May 2021
Building
Lakeside Towers B

About 706, Lakeside Towers B

706 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. It last sold on 24 May 2021 for AED 205,000, or AED 561 per sqft, in line with the AED 561 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 27,500 a year: a gross yield of 13.4% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, December 2013: AED 298,400 (AED 817 per sqft)Sold, May 2021: AED 205,000 (AED 561 per sqft)

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

Rents
Unit 706, each contractTypical studio in Lakeside Towers B
20K40K20152018202120242027Typical 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, June 2015: AED 37,000 a yearNew contract, July 2017: AED 37,000 a yearNew contract, November 2017: AED 36,000 a yearNew contract, October 2019: AED 20,000 a yearRenewal, October 2020: AED 18,000 a yearNew contract, October 2021: AED 17,000 a yearRenewal, October 2022: AED 18,500 a yearNew contract, February 2024: AED 32,000 a yearRenewal, February 2025: AED 34,000 a yearRenewal, February 2026: AED 27,500 a yearRenewal, February 2026: AED 27,500 a yearNew contract, February 2026: AED 40,000 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 706 sits

All 352 studios →

706 last sold in May 2021 at AED 561 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 561). 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. 706's AED 27,500 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
704StudioAED 373K · Jun 2009
705StudioAED 421K · May 2014
707StudioAED 415K · May 2026
708StudioAED 350K · Jan 2025
1–7 of 21

706, Lakeside Towers B in numbers

  • Sold twice: first on 9 December 2013 for AED 298,400, last on 24 May 2021 for AED 205,000 (AED 561 per sqft).
  • Rented since June 2015 on 12 Ejari contracts. The rent fell from AED 37,000 to AED 17,000 in 2021 and recovered to AED 27,500 by February 2026.
  • At AED 27,500 a year the gross yield on the 2021 price is 13.4%, 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 15 February 2026.

Questions about 706, Lakeside Towers B

What did unit 706 last sell for?

AED 205,000 on 24 May 2021: AED 561 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 298,400 in December 2013.

What is the rent for unit 706?

AED 27,500 a year on the contract renewed on 15 February 2026. The previous contract, from February 2026, was AED 27,500; the unit has been rented since June 2015.

How big is unit 706?

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

What is unit 706 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 706, Lakeside Towers B

Starts from the last sale price (AED 205K, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 205,000
Deposit, UAE resident (20%)
AED 41,000
Deposit, non-resident (40%)
AED 82,000
Monthly over 25 years at 3.7%
AED 839

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