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Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 4th floor · completed 2014

409, Lakeside Towers C

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 400K23 November 2016
Current rentAED 30K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Lakeside Towers C

What is 409 worth today?

Last sold for AED 400,000 in 2016

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31 Jul 2026RentedNew contract
AED 30,000/yr12 months · AED 81 per sqft
1 Aug 2022RentedRenewal
AED 19,000/yr12 months · AED 52 per sqft
1 Aug 2021RentedRenewal
AED 16,000/yr12 months · AED 44 per sqft
1 Aug 2020RentedRenewal
AED 20,500/yr12 months · AED 56 per sqft
1 Aug 2019RentedNew contract
AED 22,500/yr12 months · AED 61 per sqft
4 Feb 2019RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
4 Feb 2018RentedNew contract
AED 34,000/yr12 months · AED 93 per sqft
23 Nov 2016SoldReady
AED 400,000AED 1,083 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
4th of 23
Parking
B3-359
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 400K · November 2016
Building
Lakeside Towers C

About 409, Lakeside Towers C

409 is a studio of 369 sqft on the 4th floor of Lakeside Towers C, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 23 November 2016 for AED 400,000, or AED 1,083 per sqft, in line with the AED 1,083 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 31 July 2026, is AED 30,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 5,100 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, December 2013: AED 320,450 (AED 867 per sqft)Sold, October 2015: AED 400,000 (AED 1,083 per sqft)Sold, November 2016: AED 400,000 (AED 1,083 per sqft)

409 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Lakeside Towers C
20K30K40K2015201920232027Typical 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, May 2015: AED 36,634 a yearNew contract, May 2016: AED 37,000 a yearNew contract, February 2018: AED 34,000 a yearRenewal, February 2019: AED 27,000 a yearNew contract, August 2019: AED 22,500 a yearRenewal, August 2020: AED 20,500 a yearRenewal, August 2021: AED 16,000 a yearRenewal, August 2022: AED 19,000 a yearNew contract, July 2026: AED 30,000 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 409 sits

All 368 studios →

409 last sold in November 2016 at AED 1,083 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 1,083). 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. 409's AED 30,000 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 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
406StudioAED 367K · Jun 2009
407StudioAED 312K · Jun 2024
1–7 of 21

409, Lakeside Towers C in numbers

  • Sold 3 times: first on 17 December 2013 for AED 320,450, last on 23 November 2016 for AED 400,000 (AED 1,083 per sqft).
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 36,634 to AED 16,000 in 2021 and recovered to AED 30,000 by July 2026.
  • At AED 30,000 a year the gross yield on the 2016 price is 7.5%, 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 31 July 2026.

Questions about 409, Lakeside Towers C

What did unit 409 last sell for?

AED 400,000 on 23 November 2016: AED 1,083 per sqft for 369 sqft. The unit has 3 registered sales; the first was AED 320,450 in December 2013.

What is the rent for unit 409?

AED 30,000 a year on the contract signed on 31 July 2026. The previous contract, from August 2022, was AED 19,000; the unit has been rented since May 2015.

How big is unit 409?

369 sqft (34.3 sqm): a studio on the 4th floor of a 23-storey tower completed in 2014.

What is unit 409 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 409, Lakeside Towers C

Starts from the last sale price (AED 400K, 23 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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