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Studio · 369 sqftLakeside Towers C, Dubai Production City (IMPZ) · 6th floor · completed 2014

618, Lakeside Towers C

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

Unit 618 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 405K3 March 2016
Current rentAED 29K /yr4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, Lakeside Towers C

What is 618 worth today?

Last sold for AED 405,000 in 2016

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4 Jun 2024RentedRenewal
AED 29,000/yr12 months · AED 79 per sqft
4 Jun 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
23 Sep 2021RentedRenewal
AED 20,000/yr12 months · AED 55 per sqft
23 Sep 2020RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
23 Sep 2019RentedRenewal
AED 29,000/yr12 months · AED 79 per sqft
23 Sep 2018RentedRenewal
AED 32,000/yr12 months · AED 87 per sqft
23 Sep 2017RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
25 Aug 2016RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
6th of 23
Parking
B2-62
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 405K · March 2016
Building
Lakeside Towers C

About 618, Lakeside Towers C

618 is a studio of 369 sqft on the 6th floor of Lakeside Towers C, a 23-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 3 March 2016 for AED 405,000, or AED 1,096 per sqft, in line with the AED 1,067 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 4 June 2024, is AED 29,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 5,100 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, January 2012: AED 190,000 (AED 514 per sqft)Sold, March 2016: AED 405,000 (AED 1,096 per sqft)

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

Rents
Unit 618, 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 2016: AED 38,000 a yearNew contract, September 2017: AED 35,000 a yearRenewal, September 2018: AED 32,000 a yearRenewal, September 2019: AED 29,000 a yearRenewal, September 2020: AED 23,000 a yearRenewal, September 2021: AED 20,000 a yearNew contract, June 2023: AED 25,000 a yearRenewal, June 2024: AED 29,000 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 618 sits

All 368 studios →

618 last sold in March 2016 at AED 1,096 per sqft, in line with what studios in Lakeside Towers C were fetching at the time (AED 1,067). 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. 618's AED 29,000 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 6th floor

All 506 units in Lakeside Towers C
Value
6011-bedAED 722K · May 2009
6021-bedAED 702K · Oct 2014
603StudioAED 371K · Jun 2009
604StudioAED 420K · Sep 2025
605StudioAED 405K · Mar 2016
606StudioAED 365K · Dec 2024
607StudioAED 400K · May 2025
1–7 of 21

618, Lakeside Towers C in numbers

  • Sold twice: first on 24 January 2012 for AED 190,000, last on 3 March 2016 for AED 405,000 (AED 1,096 per sqft).
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2021 and recovered to AED 29,000 by June 2024.
  • At AED 29,000 a year the gross yield on the 2016 price is 7.2%, 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 4 June 2024.

Questions about 618, Lakeside Towers C

What did unit 618 last sell for?

AED 405,000 on 3 March 2016: AED 1,096 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 190,000 in January 2012.

What is the rent for unit 618?

AED 29,000 a year on the contract renewed on 4 June 2024. The previous contract, from June 2023, was AED 25,000; the unit has been rented since August 2016.

How big is unit 618?

369 sqft (34.3 sqm): a studio on the 6th floor of a 23-storey tower completed in 2014.

What is unit 618 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 618, Lakeside Towers C

Starts from the last sale price (AED 405K, 3 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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