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

708, Lakeside Towers B

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 9 February 2025
Last soldAED 350K21 January 2025
Current rentAED 31K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Lakeside Towers B

What is 708 worth today?

Last sold for AED 350,000 in 2025

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9 Feb 2025RentedRenewal
AED 30,800/yr12 months · AED 87 per sqft
21 Jan 2025SoldReady
AED 350,000AED 958 per sqft
9 Feb 2024RentedRenewal
AED 28,000/yr12 months · AED 79 per sqft
9 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 79 per sqft
1 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 55 per sqft
1 Feb 2019RentedNew contract
AED 29,000/yr12 months · AED 79 per sqft
25 Oct 2018RentedNew contract
AED 29,000/yr12 months · AED 79 per sqft
16 Oct 2017RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 9 February 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
7th of 23
Parking
B2-67
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 350K · January 2025
Building
Lakeside Towers B

About 708, Lakeside Towers B

708 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 21 January 2025 for AED 350,000, or AED 958 per sqft, 5% above the AED 910 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 9 February 2025, is AED 30,800 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 5,000 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, August 2009: AED 335,700 (AED 919 per sqft)Sold, September 2017: AED 385,000 (AED 1,054 per sqft)Sold, January 2025: AED 350,000 (AED 958 per sqft)

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

Rents
Unit 708, each contractTypical studio in Lakeside Towers B
20K30K40K20152018202120242027Typical 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 35,000 a yearRenewal, May 2016: AED 35,000 a yearRenewal, May 2017: AED 35,000 a yearNew contract, October 2017: AED 36,000 a yearNew contract, October 2018: AED 29,000 a yearNew contract, February 2019: AED 29,000 a yearNew contract, February 2021: AED 20,000 a yearNew contract, February 2023: AED 28,000 a yearRenewal, February 2024: AED 28,000 a yearRenewal, February 2025: AED 30,800 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 708 sits

All 352 studios →

708 last sold in January 2025 at AED 958 per sqft, 5% above what studios in Lakeside Towers B were fetching at the time (AED 910). 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. 708's AED 30,800 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
705StudioAED 421K · May 2014
706StudioAED 205K · May 2021
707StudioAED 415K · May 2026
1–7 of 21

708, Lakeside Towers B in numbers

  • Sold 3 times: first on 5 August 2009 for AED 335,700, last on 21 January 2025 for AED 350,000 (AED 958 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2021 and recovered to AED 30,800 by February 2025.
  • At AED 30,800 a year the gross yield on the 2025 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 1,054 per sqft.

Source: Dubai Land Department. Updated 9 February 2025.

Questions about 708, Lakeside Towers B

What did unit 708 last sell for?

AED 350,000 on 21 January 2025: AED 958 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 335,700 in August 2009.

What is the rent for unit 708?

AED 30,800 a year on the contract renewed on 9 February 2025. The previous contract, from February 2024, was AED 28,000; the unit has been rented since May 2015.

How big is unit 708?

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

What is unit 708 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 708, Lakeside Towers B

Starts from the last sale price (AED 350K, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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