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Studio · 365 sqftLakeside Towers C, Dubai Production City (IMPZ) · 5th floor · completed 2014

515, Lakeside Towers C

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 415K9 April 2014
Current rentAED 27K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Lakeside Towers C

What is 515 worth today?

Last sold for AED 415,000 in 2014

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1 Aug 2024RentedRenewal
AED 27,372/yr12 months · AED 75 per sqft
1 Aug 2023RentedRenewal
AED 23,808/yr12 months · AED 65 per sqft
1 Aug 2022RentedRenewal
AED 20,700/yr12 months · AED 57 per sqft
1 Aug 2021RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
10 Mar 2019RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft
8 Oct 2017RentedRenewal
AED 36,000/yr12 months · AED 99 per sqft
8 Oct 2016RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
5th of 23
Parking
B3-387
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 415K · April 2014
Building
Lakeside Towers C

About 515, Lakeside Towers C

515 is a studio of 365 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 9 April 2014 for AED 415,000, or AED 1,136 per sqft, 31% above the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 27,372 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical studio in Lakeside Towers C
200K400K20072012201720222027Typical 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, March 2014: AED 317,050 (AED 868 per sqft)Sold, April 2014: AED 415,000 (AED 1,136 per sqft)

515 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 515, 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, April 2016: AED 37,000 a yearNew contract, October 2016: AED 36,000 a yearRenewal, October 2017: AED 36,000 a yearNew contract, March 2019: AED 26,000 a yearNew contract, August 2020: AED 18,000 a yearRenewal, August 2021: AED 18,000 a yearRenewal, August 2022: AED 20,700 a yearRenewal, August 2023: AED 23,808 a yearRenewal, August 2024: AED 27,372 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 515 sits

All 368 studios →

515 last sold in April 2014 at AED 1,136 per sqft, 31% above 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 1,069 per sqft, and rent for AED 16,000 to 54,000 a year. 515's AED 27,372 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

515, Lakeside Towers C in numbers

  • Sold twice: first on 9 March 2014 for AED 317,050, last on 9 April 2014 for AED 415,000 (AED 1,136 per sqft).
  • Rented since April 2016 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 18,000 in 2021 and recovered to AED 27,372 by August 2024.
  • At AED 27,372 a year the gross yield on the 2014 price is 6.6%, 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 August 2024.

Questions about 515, Lakeside Towers C

What did unit 515 last sell for?

AED 415,000 on 9 April 2014: AED 1,136 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 317,050 in March 2014.

What is the rent for unit 515?

AED 27,372 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 23,808; the unit has been rented since April 2016.

How big is unit 515?

365 sqft (33.9 sqm): a studio on the 5th floor of a 23-storey tower completed in 2014.

What is unit 515 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 515, Lakeside Towers C

Starts from the last sale price (AED 415K, 9 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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