Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 5th floor · completed 2014

509, Lakeside Towers C

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 April 2022
Last soldAED 220K6 April 2022
Current rentAED 18K /yr12 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Lakeside Towers C

What is 509 worth today?

Last sold for AED 220,000 in 2022

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6 Apr 2022SoldReady
AED 220,000AED 595 per sqft
12 Jun 2021RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
10 Jun 2019RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft
5 Nov 2018SoldReady
AED 330,000AED 893 per sqft
7 May 2017RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
7 May 2016RentedNew contract
AED 34,000/yr12 months · AED 93 per sqft
27 Jan 2016SoldReady
AED 300,000AED 812 per sqft
7 May 2015RentedNew contract
AED 34,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 6 April 2022.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
5th of 23
Parking
B3-381
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 220K · April 2022

About 509, Lakeside Towers C

509 is a studio of 369 sqft on the 5th floor of Lakeside Towers C, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 6 April 2022 for AED 220,000, or AED 595 per sqft, in line with the AED 594 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 12 June 2021, is AED 18,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 5,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 2014: AED 377,000 (AED 1,020 per sqft)Sold, January 2016: AED 300,000 (AED 812 per sqft)Sold, November 2018: AED 330,000 (AED 893 per sqft)Sold, April 2022: AED 220,000 (AED 595 per sqft)

509 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 509, 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, May 2015: AED 34,000 a yearNew contract, May 2016: AED 34,000 a yearRenewal, May 2017: AED 34,000 a yearNew contract, June 2019: AED 28,000 a yearNew contract, June 2021: AED 18,000 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 509 sits

All 368 studios →

509 last sold in April 2022 at AED 595 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 594). 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. 509's AED 18,000 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 5th floor

All 506 units in Lakeside Towers C
Value
5011-bedAED 525K · Jan 2026
5021-bedAED 600K · Dec 2025
503StudioAED 385K · May 2025
504StudioAED 325K · Aug 2024
505StudioAED 220K · Apr 2022
506StudioAED 370K · Nov 2026
507StudioAED 555K · May 2015
1–7 of 21

509, Lakeside Towers C in numbers

  • Sold 4 times: first on 18 May 2014 for AED 377,000, last on 6 April 2022 for AED 220,000 (AED 595 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 34,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2022 price is 8.2%, 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 6 April 2022.

Questions about 509, Lakeside Towers C

What did unit 509 last sell for?

AED 220,000 on 6 April 2022: AED 595 per sqft for 369 sqft. The unit has 4 registered sales; the first was AED 377,000 in May 2014.

What is the rent for unit 509?

AED 18,000 a year on the contract signed on 12 June 2021. The previous contract, from June 2019, was AED 28,000; the unit has been rented since May 2015.

How big is unit 509?

369 sqft (34.3 sqm): a studio on the 5th floor of a 23-storey tower completed in 2014.

What is unit 509 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 509, Lakeside Towers C

Starts from the last sale price (AED 220K, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 220,000
Deposit, UAE resident (20%)
AED 44,000
Deposit, non-resident (40%)
AED 88,000
Monthly over 25 years at 3.7%
AED 900

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