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Studio · 369 sqftLakeside Towers D, Dubai Production City (IMPZ) · 1st floor · completed 2014

116, Lakeside Towers D

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 20 November 2019
Last soldAED 319K8 July 2009
Current rentAED 26K /yr20 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Lakeside Towers D

What is 116 worth today?

Last sold for AED 319,000 in 2009

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20 Nov 2019RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft
1 Nov 2018RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft
26 Jun 2017RentedRenewal
AED 38,000/yr12 months · AED 104 per sqft
26 Jun 2016RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft
8 Jul 2009Sold by developerOff-plan
AED 319,000AED 863 per sqft

Source: Dubai Land Department. Updated 20 November 2019.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
1st of 22
Parking
B3-16
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 319K · July 2009
Building
Lakeside Towers D

About 116, Lakeside Towers D

116 is a studio of 369 sqft on the 1st 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 8 July 2009 for AED 319,000, or AED 863 per sqft, 15% below the AED 1,012 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 20 November 2019, is AED 26,000 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, 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, July 2009: AED 319,000 (AED 863 per sqft)

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

Rents
Unit 116, 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, June 2016: AED 38,000 a yearRenewal, June 2017: AED 38,000 a yearNew contract, November 2018: AED 26,000 a yearNew contract, November 2019: AED 26,000 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 D, and where 116 sits

All 350 studios →

116 last sold in July 2009 at AED 863 per sqft, 15% 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. 116's AED 26,000 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

116, Lakeside Towers D in numbers

  • Sold once: by The Waves on 8 July 2009 for AED 319,000, or AED 863 per sqft.
  • Rented since June 2016 on 4 Ejari contracts, from AED 38,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2009 price is 8.2%, before a service charge of about AED 5,100 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 20 November 2019.

Questions about 116, Lakeside Towers D

What did unit 116 last sell for?

AED 319,000 on 8 July 2009, sold by the developer: AED 863 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 26,000 a year on the contract signed on 20 November 2019. The previous contract, from November 2018, was AED 26,000; the unit has been rented since June 2016.

How big is unit 116?

369 sqft (34.3 sqm): a studio on the 1st floor of a 22-storey tower completed in 2014.

What is unit 116 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 116, Lakeside Towers D

Starts from the last sale price (AED 319K, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 319,000
Deposit, UAE resident (20%)
AED 63,800
Deposit, non-resident (40%)
AED 127,600
Monthly over 25 years at 3.7%
AED 1,305

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