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Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 10th floor · completed 2014

1016, Lakeside Towers C

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 378K28 May 2009
Current rentAED 35K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Lakeside Towers C

What is 1016 worth today?

Last sold for AED 378,000 in 2009

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1 Oct 2025RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
8 Sep 2024RentedRenewal
AED 29,700/yr12 months · AED 81 per sqft
8 Sep 2023RentedNew contract
AED 27,000/yr12 months · AED 74 per sqft
13 Sep 2022RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
13 Sep 2021RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft
13 Sep 2020RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
13 Sep 2019RentedNew contract
AED 21,000/yr12 months · AED 57 per sqft
5 Sep 2018RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
10th of 23
Parking
B2-375
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 378K · May 2009
Building
Lakeside Towers C

About 1016, Lakeside Towers C

1016 is a studio of 369 sqft on the 10th floor of Lakeside Towers C, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. The developer sold it on 28 May 2009 for AED 378,000, or AED 1,023 per sqft, in line with the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 October 2025, is AED 35,000 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical studio in Lakeside Towers C
200K300K400K20072012201720222027Typical sale price by year: 2007 AED 390,000; 2009 AED 376,000; 2010 AED 275,000; 2012 AED 190,000; 2013 AED 307,777; 2014 AED 377,000; 2015 AED 395,000; 2016 AED 400,000; 2017 AED 405,000; 2018 AED 351,500; 2019 AED 265,000; 2020 AED 208,887; 2021 AED 210,500; 2022 AED 219,874; 2023 AED 275,000; 2024 AED 337,000; 2025 AED 365,000; 2026 AED 397,500Sold by developer, May 2009: AED 378,000 (AED 1,023 per sqft)

1016 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1016, each contractTypical studio in Lakeside Towers C
20K30K40K20152018202120242027Typical rent by year: 2015 AED 37,000; 2016 AED 37,900; 2017 AED 36,000; 2018 AED 30,000; 2019 AED 25,000; 2020 AED 20,000; 2021 AED 17,000; 2022 AED 20,000; 2023 AED 24,000; 2024 AED 29,000; 2025 AED 34,000; 2026 AED 34,000New contract, July 2015: AED 37,000 a yearRenewal, July 2016: AED 37,000 a yearRenewal, July 2017: AED 38,000 a yearNew contract, September 2018: AED 26,000 a yearNew contract, September 2019: AED 21,000 a yearRenewal, September 2020: AED 18,000 a yearRenewal, September 2021: AED 16,500 a yearRenewal, September 2022: AED 21,000 a yearNew contract, September 2023: AED 27,000 a yearRenewal, September 2024: AED 29,700 a yearNew contract, October 2025: AED 35,000 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 C, and where 1016 sits

All 368 studios →

1016 last sold in May 2009 at AED 1,023 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 1,022). Over the last 12 months studios sold for AED 159,724 to 465,000, around AED 1,069 per sqft, and rent for AED 16,000 to 54,000 a year. 1016's AED 35,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026370,000
3 Nov 2026385,000
27 Oct 2026159,724
18 Oct 2026378,000
31 studio sales in the last 12 months

Lakeside Towers C

Building

506 apartments, studios to 1-bed over 23 floors in Dubai Production City (IMPZ), completed in 2014 by The Waves. 44 sold in the last 12 months.

Typical price per sqft
AED 1,018 Up 4.5%
Typical sale
AED 408K
Typical rent
AED 36K /yr
Typical yield
8.6%
Lakeside Towers C, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 506 units in Lakeside Towers C
Value
10011-bedAED 517K · Aug 2014
10021-bedAED 515K · Apr 2018
1003StudioAED 265K · May 2023
1004StudioAED 410K · Oct 2025
1005StudioAED 205K · Oct 2020
1006StudioAED 213K · Aug 2022
1007StudioAED 425K · Nov 2015
1–7 of 21

1016, Lakeside Towers C in numbers

  • Sold once: by The Waves on 28 May 2009 for AED 378,000, or AED 1,023 per sqft.
  • Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 37,000 to AED 16,500 in 2021 and recovered to AED 35,000 by October 2025.
  • At AED 35,000 a year the gross yield on the 2009 price is 9.3%, before a service charge of about AED 5,100 a year (AED 13.70 per sqft).
  • Studios in Lakeside Towers C sold for AED 159,724–465,000 in the 12 months to November 2026; the building's median across all types is AED 1,018 per sqft.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 1016, Lakeside Towers C

What did unit 1016 last sell for?

AED 378,000 on 28 May 2009, sold by the developer: AED 1,023 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 35,000 a year on the contract signed on 1 October 2025. The previous contract, from September 2024, was AED 29,700; the unit has been rented since July 2015.

How big is unit 1016?

369 sqft (34.3 sqm): a studio on the 10th floor of a 23-storey tower completed in 2014.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lakeside Towers C sold for AED 159,724 to 465,000 in the last 12 months, around AED 1,069 per sqft.

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Mortgage on 1016, Lakeside Towers C

Starts from the last sale price (AED 378K, 28 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 378,000
Deposit, UAE resident (20%)
AED 75,600
Deposit, non-resident (40%)
AED 151,200
Monthly over 25 years at 3.7%
AED 1,547

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