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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 16th floor · completed 2014

1606, Lakeside Towers D

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

Unit 1606 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 390K10 June 2009
Current rentAED 17K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1606, Lakeside Towers D

What is 1606 worth today?

Last sold for AED 390,000 in 2009

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1 Feb 2021RentedNew contract
AED 17,000/yr12 months · AED 47 per sqft
6 Aug 2015RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft
10 Jun 2009Sold by developerOff-plan
AED 390,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
16th of 22
Parking
G-32
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 390K · June 2009
Building
Lakeside Towers D

About 1606, Lakeside Towers D

1606 is a studio of 365 sqft on the 16th 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 10 June 2009 for AED 390,000, or AED 1,067 per sqft, 5% above the AED 1,012 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 February 2021, is AED 17,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 390,000 (AED 1,067 per sqft)

1606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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, August 2015: AED 36,000 a yearNew contract, February 2021: AED 17,000 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 1606 sits

All 350 studios →

1606 last sold in June 2009 at AED 1,067 per sqft, 5% above 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. 1606's AED 17,000 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 16th floor

All 483 units in Lakeside Towers D
Value
16011-bedAED 575K · Jan 2016
16021-bedAED 330K · Apr 2021
1603StudioAED 390K · May 2009
1604StudioAED 457K · Apr 2010
1605StudioAED 228K · Nov 2022
1607StudioAED 390K · Jun 2009
1608StudioAED 390K · May 2009
1–7 of 20

1606, Lakeside Towers D in numbers

  • Sold once: by The Waves on 10 June 2009 for AED 390,000, or AED 1,067 per sqft.
  • Rented since August 2015 on 2 Ejari contracts, from AED 36,000 to AED 17,000 a year.
  • At AED 17,000 a year the gross yield on the 2009 price is 4.4%, 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 February 2021.

Questions about 1606, Lakeside Towers D

What did unit 1606 last sell for?

AED 390,000 on 10 June 2009, sold by the developer: AED 1,067 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 17,000 a year on the contract signed on 1 February 2021. The previous contract, from August 2015, was AED 36,000.

How big is unit 1606?

365 sqft (33.9 sqm): a studio on the 16th floor of a 22-storey tower completed in 2014.

What is unit 1606 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 1606, Lakeside Towers D

Starts from the last sale price (AED 390K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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