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Studio · 374 sqftLakeside Towers C, Dubai Production City (IMPZ) · 6th floor · completed 2014

603, 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 603 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 371K10 June 2009
Current rentAED 26K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Lakeside Towers C

What is 603 worth today?

Last sold for AED 371,000 in 2009

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5 Oct 2024RentedNew contract
AED 26,450/yr12 months · AED 70 per sqft
5 Oct 2020RentedNew contract
AED 17,000/yr12 months · AED 45 per sqft
1 Oct 2019RentedRenewal
AED 25,000/yr12 months · AED 67 per sqft
2 Oct 2018RentedRenewal
AED 30,084/yr12 months · AED 80 per sqft
30 Sep 2017RentedNew contract
AED 35,801/yr12 months · AED 96 per sqft
21 Sep 2016RentedRenewal
AED 45,000/yr12 months · AED 120 per sqft
21 Sep 2015RentedNew contract
AED 45,000/yr12 months · AED 120 per sqft
10 Jun 2009Sold by developerOff-plan
AED 371,000AED 991 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
6th of 23
Parking
B3-397
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 371K · June 2009
Building
Lakeside Towers C

About 603, Lakeside Towers C

603 is a studio of 374 sqft on the 6th 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 371,000, or AED 991 per sqft, 3% below the AED 1,024 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 5 October 2024, is AED 26,450 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 371,000 (AED 991 per sqft)

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

Rents
Unit 603, each contractTypical studio in Lakeside Towers C
20K40K20152018202120242027Typical 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, September 2015: AED 45,000 a yearRenewal, September 2016: AED 45,000 a yearNew contract, September 2017: AED 35,801 a yearRenewal, October 2018: AED 30,084 a yearRenewal, October 2019: AED 25,000 a yearNew contract, October 2020: AED 17,000 a yearNew contract, October 2024: AED 26,450 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 603 sits

All 368 studios →

603 last sold in June 2009 at AED 991 per sqft, 3% below 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. 603's AED 26,450 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 6th floor

All 506 units in Lakeside Towers C
Value
6011-bedAED 722K · May 2009
6021-bedAED 702K · Oct 2014
604StudioAED 420K · Sep 2025
605StudioAED 405K · Mar 2016
606StudioAED 365K · Dec 2024
607StudioAED 400K · May 2025
608StudioAED 398K · Nov 2025
1–7 of 21

603, Lakeside Towers C in numbers

  • Sold once: by The Waves on 10 June 2009 for AED 371,000, or AED 991 per sqft.
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 17,000 in 2020 and recovered to AED 26,450 by October 2024.
  • At AED 26,450 a year the gross yield on the 2009 price is 7.1%, 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 5 October 2024.

Questions about 603, Lakeside Towers C

What did unit 603 last sell for?

AED 371,000 on 10 June 2009, sold by the developer: AED 991 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 26,450 a year on the contract signed on 5 October 2024. The previous contract, from October 2020, was AED 17,000; the unit has been rented since September 2015.

How big is unit 603?

374 sqft (34.7 sqm): a studio on the 6th floor of a 23-storey tower completed in 2014.

What is unit 603 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 603, Lakeside Towers C

Starts from the last sale price (AED 371K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 371,000
Deposit, UAE resident (20%)
AED 74,200
Deposit, non-resident (40%)
AED 148,400
Monthly over 25 years at 3.7%
AED 1,518

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