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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 10th floor · completed 2014

1017, Lakeside Towers D

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1017 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 342K5 August 2009
Current rentAED 26K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1017, Lakeside Towers D

What is 1017 worth today?

Last sold for AED 342,000 in 2009

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1 Jun 2024RentedRenewal
AED 26,250/yr12 months · AED 72 per sqft
1 Jun 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
20 May 2022RentedNew contract
AED 20,000/yr12 months · AED 55 per sqft
25 Aug 2021RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
25 Aug 2020RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
25 Aug 2019RentedNew contract
AED 21,000/yr12 months · AED 57 per sqft
1 Jul 2018RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
1 Jul 2017RentedRenewal
AED 35,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
10th of 22
Parking
B2-458
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 342K · August 2009
Building
Lakeside Towers D

About 1017, Lakeside Towers D

1017 is a studio of 365 sqft on the 10th floor of Lakeside Towers D, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. The developer sold it on 5 August 2009 for AED 342,000, or AED 936 per sqft, 8% below the AED 1,012 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 26,250 a year: a gross yield of 7.7% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1017 over time

Sales
Unit 1017, each saleTypical studio in Lakeside Towers D
200K300K400K2009201420192024Typical sale price by year: 2009 AED 374,000; 2010 AED 326,062; 2012 AED 200,000; 2013 AED 320,450; 2014 AED 377,000; 2015 AED 395,000; 2016 AED 400,000; 2017 AED 405,000; 2018 AED 360,000; 2019 AED 250,000; 2020 AED 207,500; 2021 AED 210,000; 2022 AED 222,000; 2023 AED 270,000; 2024 AED 320,000; 2025 AED 373,000; 2026 AED 380,000Sold by developer, August 2009: AED 342,000 (AED 936 per sqft)

1017 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1017, each contractTypical studio in Lakeside Towers D
20K30K40K2015201920232027Typical rent by year: 2015 AED 36,796; 2016 AED 38,000; 2017 AED 36,000; 2018 AED 30,000; 2019 AED 24,000; 2020 AED 18,500; 2021 AED 17,000; 2022 AED 20,000; 2023 AED 23,500; 2024 AED 28,610; 2025 AED 34,000; 2026 AED 34,000; 2027 AED 35,000New contract, July 2015: AED 35,000 a yearRenewal, July 2016: AED 35,000 a yearRenewal, July 2017: AED 35,000 a yearNew contract, July 2018: AED 30,000 a yearNew contract, August 2019: AED 21,000 a yearRenewal, August 2020: AED 18,000 a yearRenewal, August 2021: AED 18,000 a yearNew contract, May 2022: AED 20,000 a yearNew contract, June 2023: AED 25,000 a yearRenewal, June 2024: AED 26,250 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 D, and where 1017 sits

All 350 studios →

1017 last sold in August 2009 at AED 936 per sqft, 8% below what studios in Lakeside Towers D were fetching at the time (AED 1,012). Over the last 12 months studios sold for AED 250,000 to 430,000, around AED 1,075 per sqft, and rent for AED 12,600 to 60,000 a year. 1017's AED 26,250 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026355,000
8 Oct 2026420,000
14 Sep 2026375,000
10 Sep 2026380,000
28 studio sales in the last 12 months

Lakeside Towers D

Building

483 apartments, studios to 1-bed over 22 floors in Dubai Production City (IMPZ), completed in 2014 by The Waves. 34 sold in the last 12 months.

Typical price per sqft
AED 1,047 Up 9.3%
Typical sale
AED 400K
Typical rent
AED 36K /yr
Typical yield
8.4%
Lakeside Towers D, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 483 units in Lakeside Towers D
Value
10011-bedAED 600K · Jun 2009
10021-bedAED 374K · Mar 2023
1003StudioAED 324K · Jun 2009
1004StudioAED 438K · Apr 2016
1005StudioAED 400K · May 2017
1006StudioAED 335K · Sep 2024
1007StudioAED 400K · May 2017
1–7 of 21

1017, Lakeside Towers D in numbers

  • Sold once: by The Waves on 5 August 2009 for AED 342,000, or AED 936 per sqft.
  • Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 18,000 in 2021 and recovered to AED 26,250 by June 2024.
  • At AED 26,250 a year the gross yield on the 2009 price is 7.7%, before a service charge of about AED 5,000 a year (AED 13.70 per sqft).
  • Studios in Lakeside Towers D sold for AED 250,000–430,000 in the 12 months to November 2026; the building's median across all types is AED 1,047 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 1017, Lakeside Towers D

What did unit 1017 last sell for?

AED 342,000 on 5 August 2009, sold by the developer: AED 936 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 1017?

AED 26,250 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 25,000; the unit has been rented since July 2015.

How big is unit 1017?

365 sqft (33.9 sqm): a studio on the 10th floor of a 22-storey tower completed in 2014.

What is unit 1017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lakeside Towers D sold for AED 250,000 to 430,000 in the last 12 months, around AED 1,075 per sqft.

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Mortgage on 1017, Lakeside Towers D

Starts from the last sale price (AED 342K, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 342,000
Deposit, UAE resident (20%)
AED 68,400
Deposit, non-resident (40%)
AED 136,800
Monthly over 25 years at 3.7%
AED 1,399

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