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Studio · 365 sqftLakeside Towers C, Dubai Production City (IMPZ) · 3rd floor · completed 2014

306, 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 306 · DLD and Ejari recordsUpdated 30 January 2022
Last soldAED 365K28 May 2009
Current rentAED 22K /yr30 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Lakeside Towers C

What is 306 worth today?

Last sold for AED 365,000 in 2009

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30 Jan 2022RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
15 Sep 2018RentedNew contract
AED 36,000/yr24 months · AED 98 per sqft
5 Oct 2016RentedRenewal
AED 37,000/yr12 months · AED 101 per sqft
5 Oct 2015RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft
28 May 2009Sold by developerOff-plan
AED 365,000AED 999 per sqft

Source: Dubai Land Department. Updated 30 January 2022.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 23
Parking
B3-328
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 365K · May 2009
Building
Lakeside Towers C

About 306, Lakeside Towers C

306 is a studio of 365 sqft on the 3rd 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 365,000, or AED 999 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 4 Ejari contracts. The current contract, signed on 30 January 2022, is AED 22,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 365,000 (AED 999 per sqft)

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

Rents
Unit 306, 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, October 2015: AED 36,000 a yearRenewal, October 2016: AED 37,000 a yearNew contract, September 2018: AED 36,000 a yearNew contract, January 2022: AED 22,000 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 306 sits

All 368 studios →

306 last sold in May 2009 at AED 999 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. 306's AED 22,000 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
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 3rd floor

All 506 units in Lakeside Towers C
Value
3011-bedAED 576K · Dec 2009
3021-bedAED 365K · Aug 2010
303StudioAED 380K · May 2016
304StudioAED 405K · Nov 2016
305StudioAED 270K · Feb 2019
307StudioAED 365K · May 2009
308StudioAED 365K · May 2009
1–7 of 21

306, Lakeside Towers C in numbers

  • Sold once: by The Waves on 28 May 2009 for AED 365,000, or AED 999 per sqft.
  • Rented since October 2015 on 4 Ejari contracts, from AED 36,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 5,000 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 30 January 2022.

Questions about 306, Lakeside Towers C

What did unit 306 last sell for?

AED 365,000 on 28 May 2009, sold by the developer: AED 999 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 22,000 a year on the contract signed on 30 January 2022. The previous contract, from September 2018, was AED 36,000; the unit has been rented since October 2015.

How big is unit 306?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2014.

What is unit 306 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 306, Lakeside Towers C

Starts from the last sale price (AED 365K, 28 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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