Studio · 365 sqftLakeside Towers B, Dubai Production City (IMPZ) · 9th floor · completed 2014

906, Lakeside Towers B

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

Unit 906 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 317K23 February 2014
Current rentAED 23K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Lakeside Towers B

What is 906 worth today?

Last sold for AED 317,050 in 2014

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1 Jun 2022RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
1 Jun 2021RentedRenewal
AED 20,000/yr12 months · AED 55 per sqft
1 Jun 2020RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
1 Jun 2019RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
1 Jun 2018RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
2 Apr 2017RentedRenewal
AED 38,000/yr12 months · AED 104 per sqft
2 Apr 2016RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft
2 Apr 2015RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
9th of 23
Parking
B2-206
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 317K · February 2014

About 906, Lakeside Towers B

906 is a studio of 365 sqft on the 9th 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 23 February 2014 for AED 317,050, or AED 868 per sqft, in line with the AED 865 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 23,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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, February 2014: AED 317,050 (AED 868 per sqft)

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

Rents
Unit 906, 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, April 2015: AED 38,000 a yearNew contract, April 2016: AED 38,000 a yearRenewal, April 2017: AED 38,000 a yearNew contract, June 2018: AED 30,000 a yearRenewal, June 2019: AED 27,000 a yearRenewal, June 2020: AED 23,000 a yearRenewal, June 2021: AED 20,000 a yearRenewal, June 2022: AED 23,000 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 906 sits

All 352 studios →

906 last sold in February 2014 at AED 868 per sqft, in line with what studios in Lakeside Towers B were fetching at the time (AED 865). 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. 906's AED 23,000 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 9th floor

All 484 units in Lakeside Towers B
Value
9011-bedAED 370K · Aug 2024
9021-bedAED 320K · Feb 2021
903StudioAED 440K · Jan 2026
904StudioAED 308K · Dec 2013
905StudioAED 509K · Aug 2014
907StudioAED 215K · Aug 2022
908StudioAED 308K · Dec 2013
1–7 of 21

906, Lakeside Towers B in numbers

  • Sold once: by The Waves on 23 February 2014 for AED 317,050, or AED 868 per sqft.
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2021 and recovered to AED 23,000 by June 2022.
  • At AED 23,000 a year the gross yield on the 2014 price is 7.2%, 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 1 June 2022.

Questions about 906, Lakeside Towers B

What did unit 906 last sell for?

AED 317,050 on 23 February 2014, sold by the developer: AED 868 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 906?

AED 23,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 20,000; the unit has been rented since April 2015.

How big is unit 906?

365 sqft (33.9 sqm): a studio on the 9th floor of a 23-storey tower completed in 2014.

What is unit 906 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 906, Lakeside Towers B

Starts from the last sale price (AED 317K, 23 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 317,050
Deposit, UAE resident (20%)
AED 63,410
Deposit, non-resident (40%)
AED 126,820
Monthly over 25 years at 3.7%
AED 1,297

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