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Studio · 365 sqftLakeside Towers C, Dubai Production City (IMPZ) · 4th floor · completed 2014

406, Lakeside Towers C

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

Unit 406 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 367K10 June 2009
Current rentAED 35K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Lakeside Towers C

What is 406 worth today?

Last sold for AED 367,000 in 2009

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1 Mar 2026RentedRenewal
AED 35,000/yr12 months · AED 96 per sqft
1 Mar 2025RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
1 Mar 2025RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
1 Mar 2024RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
22 Feb 2024RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
22 Feb 2023RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
22 Feb 2022RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
20 Feb 2021RentedNew contract
AED 16,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
4th of 23
Parking
B3-356
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 367K · June 2009
Building
Lakeside Towers C

About 406, Lakeside Towers C

406 is a studio of 365 sqft on the 4th 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 10 June 2009 for AED 367,000, or AED 1,004 per sqft, in line with the AED 1,024 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 35,000 a year: a gross yield of 9.5% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, June 2009: AED 367,000 (AED 1,004 per sqft)

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

Rents
Unit 406, 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, August 2015: AED 38,000 a yearRenewal, August 2016: AED 38,000 a yearRenewal, August 2017: AED 38,000 a yearRenewal, February 2019: AED 28,000 a yearNew contract, February 2021: AED 16,000 a yearNew contract, February 2022: AED 18,000 a yearRenewal, February 2023: AED 21,000 a yearRenewal, February 2024: AED 23,000 a yearNew contract, March 2024: AED 30,000 a yearRenewal, March 2025: AED 34,000 a yearRenewal, March 2025: AED 34,000 a yearRenewal, March 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 406 sits

All 368 studios →

406 last sold in June 2009 at AED 1,004 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 1,024). 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. 406'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 4th floor

All 506 units in Lakeside Towers C
Value
4011-bedAED 505K · Jan 2026
4021-bedAED 550K · Apr 2025
403StudioAED 410K · Feb 2017
404StudioAED 317K · Aug 2014
405StudioAED 378K · Feb 2018
407StudioAED 312K · Jun 2024
408StudioAED 317K · Dec 2013
1–7 of 21

406, Lakeside Towers C in numbers

  • Sold once: by The Waves on 10 June 2009 for AED 367,000, or AED 1,004 per sqft.
  • Rented since August 2015 on 12 Ejari contracts. The rent fell from AED 38,000 to AED 16,000 in 2021 and recovered to AED 35,000 by March 2026.
  • At AED 35,000 a year the gross yield on the 2009 price is 9.5%, 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 1 March 2026.

Questions about 406, Lakeside Towers C

What did unit 406 last sell for?

AED 367,000 on 10 June 2009, sold by the developer: AED 1,004 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 35,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 34,000; the unit has been rented since August 2015.

How big is unit 406?

365 sqft (33.9 sqm): a studio on the 4th floor of a 23-storey tower completed in 2014.

What is unit 406 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 406, Lakeside Towers C

Starts from the last sale price (AED 367K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 367,000
Deposit, UAE resident (20%)
AED 73,400
Deposit, non-resident (40%)
AED 146,800
Monthly over 25 years at 3.7%
AED 1,502

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