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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 1st floor · completed 2014

115, Lakeside Towers D

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 290K7 December 2023
Current rentAED 30K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, Lakeside Towers D

What is 115 worth today?

Last sold for AED 290,000 in 2023

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10 Dec 2024RentedRenewal
AED 30,450/yr12 months · AED 83 per sqft
10 Dec 2023RentedNew contract
AED 29,000/yr12 months · AED 79 per sqft
7 Dec 2023SoldReady
AED 290,000AED 794 per sqft
1 Mar 2022RentedNew contract
AED 19,000/yr12 months · AED 52 per sqft
18 Apr 2017SoldReady
AED 336,802AED 922 per sqft
20 Oct 2016RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
20 Oct 2015RentedNew contract
AED 34,000/yr12 months · AED 93 per sqft
24 Dec 2013Sold by developerOff-plan
AED 303,921AED 832 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
1st of 22
Parking
B3-15
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 290K · December 2023
Building
Lakeside Towers D

About 115, Lakeside Towers D

115 is a studio of 365 sqft on the 1st floor of Lakeside Towers D, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 7 December 2023 for AED 290,000, or AED 794 per sqft, 8% above the AED 735 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 30,450 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, December 2013: AED 303,921 (AED 832 per sqft)Sold, April 2017: AED 336,802 (AED 922 per sqft)Sold, December 2023: AED 290,000 (AED 794 per sqft)

115 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 115, 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, October 2015: AED 34,000 a yearRenewal, October 2016: AED 34,000 a yearNew contract, March 2022: AED 19,000 a yearNew contract, December 2023: AED 29,000 a yearRenewal, December 2024: AED 30,450 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 D, and where 115 sits

All 350 studios →

115 last sold in December 2023 at AED 794 per sqft, 8% above what studios in Lakeside Towers D were fetching at the time (AED 735). 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. 115's AED 30,450 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 1st floor

All 483 units in Lakeside Towers D
Value
1011-bedAED 686K · Jun 2014
1021-bedAED 609K · May 2014
103StudioAED 319K · May 2009
104StudioAED 305K · Nov 2018
105StudioAED 270K · Sep 2018
106StudioAED 315K · Oct 2024
107StudioAED 345K · Apr 2024
1–7 of 21

115, Lakeside Towers D in numbers

  • Sold 3 times: first on 24 December 2013 for AED 303,921, last on 7 December 2023 for AED 290,000 (AED 794 per sqft).
  • Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 19,000 in 2022 and recovered to AED 30,450 by December 2024.
  • At AED 30,450 a year the gross yield on the 2023 price is 10.5%, 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 10 December 2024.

Questions about 115, Lakeside Towers D

What did unit 115 last sell for?

AED 290,000 on 7 December 2023: AED 794 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 303,921 in December 2013.

What is the rent for unit 115?

AED 30,450 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 29,000; the unit has been rented since October 2015.

How big is unit 115?

365 sqft (33.9 sqm): a studio on the 1st floor of a 22-storey tower completed in 2014.

What is unit 115 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 115, Lakeside Towers D

Starts from the last sale price (AED 290K, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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