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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 14th floor · completed 2014

1406, Lakeside Towers D

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 365K25 November 2024
Current rentAED 15K /yr5 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Lakeside Towers D

What is 1406 worth today?

Last sold for AED 365,000 in 2024

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25 Nov 2024SoldReady
AED 365,000AED 999 per sqft
9 Jul 2024SoldReady
AED 348,000AED 952 per sqft
5 Jan 2021RentedRenewal
AED 15,000/yr12 months · AED 41 per sqft
5 Jan 2020RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
5 Jan 2019RentedRenewal
AED 27,000/yr12 months · AED 74 per sqft
5 Jan 2018RentedNew contract
AED 31,500/yr12 months · AED 86 per sqft
13 Dec 2016SoldReady
AED 420,000AED 1,149 per sqft
10 Jun 2009Sold by developerOff-plan
AED 386,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
14th of 22
Parking
B1-416
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 365K · November 2024
Building
Lakeside Towers D

About 1406, Lakeside Towers D

1406 is a studio of 365 sqft on the 14th floor of Lakeside Towers D, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 25 November 2024 for AED 365,000, or AED 999 per sqft, 15% above the AED 866 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 5 January 2021, is AED 15,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, June 2009: AED 386,000 (AED 1,056 per sqft)Sold, December 2016: AED 420,000 (AED 1,149 per sqft)Sold, July 2024: AED 348,000 (AED 952 per sqft)Sold, November 2024: AED 365,000 (AED 999 per sqft)

1406 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Lakeside Towers D
20K40K2015201920232027Typical 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, January 2018: AED 31,500 a yearRenewal, January 2019: AED 27,000 a yearRenewal, January 2020: AED 21,000 a yearRenewal, January 2021: AED 15,000 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 1406 sits

All 350 studios →

1406 last sold in November 2024 at AED 999 per sqft, 15% above what studios in Lakeside Towers D were fetching at the time (AED 866). 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. 1406's AED 15,000 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 14th floor

All 483 units in Lakeside Towers D
Value
14011-bedAED 570K · May 2009
14021-bedAED 540K · Apr 2025
1403StudioAED 350K · Feb 2025
1404StudioAED 333K · Mar 2014
1405StudioAED 430K · Dec 2025
1407StudioAED 386K · Jun 2009
1408StudioAED 385K · Aug 2025
1–7 of 21

1406, Lakeside Towers D in numbers

  • Sold 4 times: first on 10 June 2009 for AED 386,000, last on 25 November 2024 for AED 365,000 (AED 999 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 31,500 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2024 price is 4.1%, 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 25 November 2024.

Questions about 1406, Lakeside Towers D

What did unit 1406 last sell for?

AED 365,000 on 25 November 2024: AED 999 per sqft for 365 sqft. The unit has 4 registered sales; the first was AED 386,000 in June 2009.

What is the rent for unit 1406?

AED 15,000 a year on the contract renewed on 5 January 2021. The previous contract, from January 2020, was AED 21,000; the unit has been rented since January 2018.

How big is unit 1406?

365 sqft (33.9 sqm): a studio on the 14th floor of a 22-storey tower completed in 2014.

What is unit 1406 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 1406, Lakeside Towers D

Starts from the last sale price (AED 365K, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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