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Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 16th floor · completed 2014

1616, Lakeside Towers C

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 377K3 March 2014
Current rentAED 35K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1616, Lakeside Towers C

What is 1616 worth today?

Last sold for AED 377,000 in 2014

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1 Oct 2026RentedRenewal
AED 35,000/yr12 months · AED 96 per sqft
1 Oct 2025RentedRenewal
AED 40,800/yr12 months · AED 111 per sqft
1 Oct 2024RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
1 Oct 2023RentedRenewal
AED 25,000/yr12 months · AED 68 per sqft
1 Oct 2022RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft
3 Mar 2014Sold by developerOff-plan
AED 377,000AED 1,020 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
16th of 23
Parking
B1-380
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 377K · March 2014
Building
Lakeside Towers C

About 1616, Lakeside Towers C

1616 is a studio of 369 sqft on the 16th 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 3 March 2014 for AED 377,000, or AED 1,020 per sqft, 21% above the AED 844 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 35,000 a year: a gross yield of 9.3% on the 2014 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1616 over time

Sales
Unit 1616, 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, March 2014: AED 377,000 (AED 1,020 per sqft)

1616 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1616, each contractTypical studio in Lakeside Towers C
20K40K2015201920232027Typical 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, August 2019: AED 28,000 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2022: AED 23,000 a yearRenewal, October 2023: AED 25,000 a yearRenewal, October 2024: AED 27,000 a yearRenewal, October 2025: AED 40,800 a yearRenewal, October 2026: 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 1616 sits

All 368 studios →

1616 last sold in March 2014 at AED 1,020 per sqft, 21% above what studios in Lakeside Towers C were fetching at the time (AED 844). 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. 1616'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 16th floor

All 506 units in Lakeside Towers C
Value
16011-bedAED 400K · May 2019
16021-bedAED 530K · Jan 2025
1603StudioAED 382K · Apr 2014
1604StudioAED 180K · Oct 2017
1605StudioAED 206K · Nov 2017
1606StudioAED 360K · Dec 2017
1607StudioAED 360K · Mar 2024
1–7 of 21

1616, Lakeside Towers C in numbers

  • Sold once: by The Waves on 3 March 2014 for AED 377,000, or AED 1,020 per sqft.
  • Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 28,000 to AED 23,000 in 2022 and recovered to AED 35,000 by October 2026.
  • At AED 35,000 a year the gross yield on the 2014 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 2026.

Questions about 1616, Lakeside Towers C

What did unit 1616 last sell for?

AED 377,000 on 3 March 2014, sold by the developer: AED 1,020 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 1616?

AED 35,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 40,800; the unit has been rented since August 2019.

How big is unit 1616?

369 sqft (34.3 sqm): a studio on the 16th floor of a 23-storey tower completed in 2014.

What is unit 1616 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 1616, Lakeside Towers C

Starts from the last sale price (AED 377K, 3 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 377,000
Deposit, UAE resident (20%)
AED 75,400
Deposit, non-resident (40%)
AED 150,800
Monthly over 25 years at 3.7%
AED 1,542

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