1-bed · 812 sqftLakeside Towers D, Dubai Production City (IMPZ) · 16th floor · completed 2014

1612, Lakeside Towers D

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

Unit 1612 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 700K5 December 2009
Current rentAED 44K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Lakeside Towers D

What is 1612 worth today?

Last sold for AED 700,000 in 2009

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25 Jun 2026RentedRenewal
AED 44,100/yr12 months · AED 54 per sqft
25 Jun 2025RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
25 Jun 2024RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
25 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
5 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
10 Nov 2021RentedRenewal
AED 26,000/yr12 months · AED 32 per sqft
10 Nov 2020RentedRenewal
AED 26,000/yr12 months · AED 32 per sqft
10 Nov 2019RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
16th of 22
Parking
G-223
Developer
The Waves
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 700K · December 2009

About 1612, Lakeside Towers D

1612 is a one-bedroom apartment of 812 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 5 December 2009 for AED 700,000, or AED 862 per sqft, 12% below the AED 982 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 25 June 2026, is AED 44,100 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical one-bed in Lakeside Towers D
400K600K2009201420192024Typical sale price by year: 2009 AED 723,000; 2010 AED 628,400; 2011 AED 456,000; 2012 AED 392,700; 2013 AED 558,138; 2014 AED 700,150; 2015 AED 635,000; 2016 AED 585,000; 2017 AED 555,000; 2018 AED 470,000; 2019 AED 410,000; 2020 AED 335,000; 2021 AED 322,500; 2022 AED 347,500; 2023 AED 372,000; 2024 AED 500,000; 2025 AED 550,000; 2026 AED 585,000Sold by developer, December 2009: AED 700,000 (AED 862 per sqft)

1612 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1612, each contractTypical one-bed in Lakeside Towers D
40K60K20152018202120242027Typical rent by year: 2015 AED 56,500; 2016 AED 57,000; 2017 AED 55,000; 2018 AED 45,000; 2019 AED 37,500; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 34,800; 2024 AED 42,000; 2025 AED 48,000; 2026 AED 48,000New contract, May 2015: AED 56,000 a yearNew contract, July 2017: AED 52,000 a yearRenewal, July 2018: AED 48,000 a yearNew contract, November 2019: AED 34,000 a yearRenewal, November 2020: AED 26,000 a yearRenewal, November 2021: AED 26,000 a yearNew contract, July 2022: AED 30,000 a yearNew contract, June 2023: AED 40,000 a yearNew contract, June 2024: AED 42,000 a yearRenewal, June 2025: AED 42,000 a yearRenewal, June 2026: AED 44,100 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lakeside Towers D, and where 1612 sits

All 133 1-beds →

1612 last sold in December 2009 at AED 862 per sqft, 12% below what one-beds in Lakeside Towers D were fetching at the time (AED 982). Over the last 12 months one-beds sold for AED 535,000 to 600,000, around AED 856 per sqft, and rent for AED 36,750 to 105,159 a year. 1612's AED 44,100 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026550,000
3 Sep 2026590,000
10 Jun 2026585,000
23 Dec 2025600,000
6 1-bed 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
1606StudioAED 390K · Jun 2009
1607StudioAED 390K · Jun 2009
1–7 of 20

1612, Lakeside Towers D in numbers

  • Sold once: by The Waves on 5 December 2009 for AED 700,000, or AED 862 per sqft.
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 56,000 to AED 26,000 in 2021 and recovered to AED 44,100 by June 2026.
  • At AED 44,100 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 11,100 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Towers D sold for AED 535,000–600,000 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 June 2026.

Questions about 1612, Lakeside Towers D

What did unit 1612 last sell for?

AED 700,000 on 5 December 2009, sold by the developer: AED 862 per sqft for 812 sqft. It is the only registered sale of the unit.

What is the rent for unit 1612?

AED 44,100 a year on the contract renewed on 25 June 2026. The previous contract, from June 2025, was AED 42,000; the unit has been rented since May 2015.

How big is unit 1612?

812 sqft (75.4 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2014.

What is unit 1612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakeside Towers D sold for AED 535,000 to 600,000 in the last 12 months, around AED 856 per sqft.

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Mortgage on 1612, Lakeside Towers D

Starts from the last sale price (AED 700K, 5 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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