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Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 20th floor · completed 2014

2016, Lakeside Towers C

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 320K23 October 2013
Current rentAED 32K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2016, Lakeside Towers C

What is 2016 worth today?

Last sold for AED 320,450 in 2013

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1 Mar 2026RentedRenewal
AED 32,000/yr12 months · AED 87 per sqft
1 Mar 2025RentedRenewal
AED 29,000/yr12 months · AED 79 per sqft
1 Mar 2024RentedRenewal
AED 25,300/yr12 months · AED 69 per sqft
1 Mar 2023RentedRenewal
AED 23,000/yr12 months · AED 62 per sqft
1 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 54 per sqft
15 Jan 2021RentedNew contract
AED 16,000/yr12 months · AED 43 per sqft
1 Sep 2019RentedNew contract
AED 23,000/yr12 months · AED 63 per sqft
25 Jul 2018RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
20th of 23
Parking
P1-251
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 320K · October 2013
Building
Lakeside Towers C

About 2016, Lakeside Towers C

2016 is a studio of 369 sqft on the 20th 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 23 October 2013 for AED 320,450, or AED 867 per sqft, in line with the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 32,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 5,100 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, October 2013: AED 320,450 (AED 867 per sqft)

2016 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2016, 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 2018: AED 28,000 a yearNew contract, September 2019: AED 23,000 a yearNew contract, January 2021: AED 16,000 a yearNew contract, March 2022: AED 20,000 a yearRenewal, March 2023: AED 23,000 a yearRenewal, March 2024: AED 25,300 a yearRenewal, March 2025: AED 29,000 a yearRenewal, March 2026: AED 32,000 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 2016 sits

All 368 studios →

2016 last sold in October 2013 at AED 867 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 867). Over the last 12 months studios sold for AED 159,724 to 465,000, around AED 1,068 per sqft, and rent for AED 16,000 to 54,000 a year. 2016's AED 32,000 is in the lower 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
32 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. 45 sold in the last 12 months.

Typical price per sqft
AED 1,020 Up 4.7%
Typical sale
AED 406K
Typical rent
AED 36K /yr
Typical yield
8.6%
Lakeside Towers C, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 20th floor

All 506 units in Lakeside Towers C
Value
20011-bedAED 585K · Feb 2014
20021-bedAED 530K · Aug 2024
2003StudioAED 416K · May 2009
2004StudioAED 420K · Sep 2025
2005StudioAED 400K · Jan 2025
2006StudioAED 388K · Jun 2015
2007StudioAED 385K · Nov 2026
1–7 of 21

2016, Lakeside Towers C in numbers

  • Sold once: by The Waves on 23 October 2013 for AED 320,450, or AED 867 per sqft.
  • Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 28,000 to AED 16,000 in 2021 and recovered to AED 32,000 by March 2026.
  • At AED 32,000 a year the gross yield on the 2013 price is 10.0%, 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 1,020 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 2016, Lakeside Towers C

What did unit 2016 last sell for?

AED 320,450 on 23 October 2013, sold by the developer: AED 867 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 2016?

AED 32,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 29,000; the unit has been rented since July 2018.

How big is unit 2016?

369 sqft (34.3 sqm): a studio on the 20th floor of a 23-storey tower completed in 2014.

What is unit 2016 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 1,068 per sqft.

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Mortgage on 2016, Lakeside Towers C

Starts from the last sale price (AED 320K, 23 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 320,450
Deposit, UAE resident (20%)
AED 64,090
Deposit, non-resident (40%)
AED 128,180
Monthly over 25 years at 3.7%
AED 1,311

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