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Studio · 376 sqftLakeside Towers B, Dubai Production City (IMPZ) · 7th floor · completed 2014

720, Lakeside Towers B

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 26 February 2026
Last soldAED 398K3 November 2015
Current rentAED 37K /yr26 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 720, Lakeside Towers B

What is 720 worth today?

Last sold for AED 398,000 in 2015

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26 Feb 2026RentedRenewal
AED 37,000/yr12 months · AED 98 per sqft
26 Feb 2025RentedNew contract
AED 37,000/yr12 months · AED 98 per sqft
10 Feb 2024RentedRenewal
AED 30,000/yr12 months · AED 80 per sqft
10 Feb 2023RentedNew contract
AED 27,000/yr12 months · AED 72 per sqft
2 Jan 2022RentedRenewal
AED 18,000/yr12 months · AED 48 per sqft
2 Jan 2021RentedRenewal
AED 18,000/yr12 months · AED 48 per sqft
2 Jan 2020RentedRenewal
AED 25,000/yr12 months · AED 66 per sqft
2 Jan 2019RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 26 February 2026.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
7th of 23
Parking
B2-79
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 398K · November 2015
Building
Lakeside Towers B

About 720, Lakeside Towers B

720 is a studio of 376 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 3 November 2015 for AED 398,000, or AED 1,059 per sqft, in line with the AED 1,058 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 26 February 2026, is AED 37,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 5,100 a year.

Sales and rents for 720 over time

Sales
Unit 720, 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, December 2013: AED 384,000 (AED 1,022 per sqft)Sold, November 2015: AED 398,000 (AED 1,059 per sqft)

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

Rents
Unit 720, 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 2016: AED 36,000 a yearRenewal, May 2017: AED 36,000 a yearRenewal, May 2018: AED 32,000 a yearNew contract, January 2019: AED 26,000 a yearRenewal, January 2020: AED 25,000 a yearRenewal, January 2021: AED 18,000 a yearRenewal, January 2022: AED 18,000 a yearNew contract, February 2023: AED 27,000 a yearRenewal, February 2024: AED 30,000 a yearNew contract, February 2025: AED 37,000 a yearRenewal, February 2026: AED 37,000 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 720 sits

All 352 studios →

720 last sold in November 2015 at AED 1,059 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 1,058). 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. 720's AED 37,000 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
705StudioAED 421K · May 2014
706StudioAED 205K · May 2021
707StudioAED 415K · May 2026
1–7 of 21

720, Lakeside Towers B in numbers

  • Sold twice: first on 21 December 2013 for AED 384,000, last on 3 November 2015 for AED 398,000 (AED 1,059 per sqft).
  • Rented since May 2016 on 11 Ejari contracts. The rent fell from AED 36,000 to AED 18,000 in 2022 and recovered to AED 37,000 by February 2026.
  • At AED 37,000 a year the gross yield on the 2015 price is 9.3%, 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 26 February 2026.

Questions about 720, Lakeside Towers B

What did unit 720 last sell for?

AED 398,000 on 3 November 2015: AED 1,059 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 384,000 in December 2013.

What is the rent for unit 720?

AED 37,000 a year on the contract renewed on 26 February 2026. The previous contract, from February 2025, was AED 37,000; the unit has been rented since May 2016.

How big is unit 720?

376 sqft (34.9 sqm): a studio on the 7th floor of a 23-storey tower completed in 2014.

What is unit 720 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 720, Lakeside Towers B

Starts from the last sale price (AED 398K, 3 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 398,000
Deposit, UAE resident (20%)
AED 79,600
Deposit, non-resident (40%)
AED 159,200
Monthly over 25 years at 3.7%
AED 1,628

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