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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 15th floor · completed 2014

1508, Lakeside Towers D

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 373K25 December 2013
Current rentAED 26K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1508, Lakeside Towers D

What is 1508 worth today?

Last sold for AED 373,000 in 2013

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1 Jun 2024RentedRenewal
AED 26,450/yr12 months · AED 72 per sqft
1 Jun 2023RentedNew contract
AED 23,000/yr12 months · AED 63 per sqft
1 Jun 2022RentedRenewal
AED 20,000/yr12 months · AED 55 per sqft
1 Jun 2021RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
1 Jun 2020RentedRenewal
AED 20,000/yr12 months · AED 55 per sqft
1 Jun 2019RentedNew contract
AED 24,000/yr12 months · AED 66 per sqft
25 May 2018RentedRenewal
AED 34,000/yr12 months · AED 93 per sqft
25 May 2017RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
15th of 22
Parking
G-12
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 373K · December 2013
Building
Lakeside Towers D

About 1508, Lakeside Towers D

1508 is a studio of 365 sqft on the 15th 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 25 December 2013 for AED 373,000, or AED 1,021 per sqft, 14% above the AED 893 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 26,450 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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 373,000 (AED 1,021 per sqft)

1508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, 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, May 2017: AED 36,000 a yearRenewal, May 2018: AED 34,000 a yearNew contract, June 2019: AED 24,000 a yearRenewal, June 2020: AED 20,000 a yearRenewal, June 2021: AED 18,000 a yearRenewal, June 2022: AED 20,000 a yearNew contract, June 2023: AED 23,000 a yearRenewal, June 2024: AED 26,450 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 1508 sits

All 350 studios →

1508 last sold in December 2013 at AED 1,021 per sqft, 14% above what studios in Lakeside Towers D were fetching at the time (AED 893). 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. 1508's AED 26,450 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 15th floor

All 483 units in Lakeside Towers D
Value
15011-bedAED 596K · Feb 2015
15021-bedAED 550K · Jan 2025
1503StudioAED 400K · Apr 2016
1504StudioAED 340K · Jan 2025
1505StudioAED 378K · Jul 2025
1506StudioAED 373K · Dec 2013
1507StudioAED 349K · Aug 2009
1–7 of 21

1508, Lakeside Towers D in numbers

  • Sold once: by The Waves on 25 December 2013 for AED 373,000, or AED 1,021 per sqft.
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 18,000 in 2021 and recovered to AED 26,450 by June 2024.
  • At AED 26,450 a year the gross yield on the 2013 price is 7.1%, 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 1 June 2024.

Questions about 1508, Lakeside Towers D

What did unit 1508 last sell for?

AED 373,000 on 25 December 2013, sold by the developer: AED 1,021 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 26,450 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 23,000; the unit has been rented since May 2017.

How big is unit 1508?

365 sqft (33.9 sqm): a studio on the 15th floor of a 22-storey tower completed in 2014.

What is unit 1508 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 1508, Lakeside Towers D

Starts from the last sale price (AED 373K, 25 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 373,000
Deposit, UAE resident (20%)
AED 74,600
Deposit, non-resident (40%)
AED 149,200
Monthly over 25 years at 3.7%
AED 1,526

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