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Studio · 369 sqftLakeside Towers D, Dubai Production City (IMPZ) · 17th floor · completed 2014

1716, Lakeside Towers D

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1716 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 270K25 September 2023
Current rentAED 28K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1716, Lakeside Towers D

What is 1716 worth today?

Last sold for AED 270,000 in 2023

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20 Nov 2023RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft
25 Sep 2023SoldReady
AED 270,000AED 731 per sqft
1 Nov 2022RentedRenewal
AED 21,000/yr12 months · AED 57 per sqft
1 Nov 2021RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
20 Jun 2018SoldReady
AED 370,000AED 1,001 per sqft
3 May 2017SoldReady
AED 390,000AED 1,056 per sqft
8 Apr 2017RentedNew contract
AED 35,801/yr12 months · AED 98 per sqft
9 Apr 2015RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
17th of 22
Parking
G-262
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 270K · September 2023
Building
Lakeside Towers D

About 1716, Lakeside Towers D

1716 is a studio of 369 sqft on the 17th 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 September 2023 for AED 270,000, or AED 731 per sqft, 9% above the AED 669 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 20 November 2023, is AED 28,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1716 over time

Sales
Unit 1716, 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 307,180 (AED 831 per sqft)Sold, May 2017: AED 390,000 (AED 1,056 per sqft)Sold, June 2018: AED 370,000 (AED 1,001 per sqft)Sold, September 2023: AED 270,000 (AED 731 per sqft)

1716 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1716, 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, April 2015: AED 36,000 a yearNew contract, April 2017: AED 35,801 a yearNew contract, November 2021: AED 18,000 a yearRenewal, November 2022: AED 21,000 a yearNew contract, November 2023: AED 28,000 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 1716 sits

All 350 studios →

1716 last sold in September 2023 at AED 731 per sqft, 9% above what studios in Lakeside Towers D were fetching at the time (AED 669). 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. 1716's AED 28,000 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 17th floor

All 483 units in Lakeside Towers D
Value
17011-bedAED 595K · Jul 2015
17021-bedAED 450K · Nov 2023
1703StudioAED 382K · Dec 2013
1704StudioAED 200K · Sep 2019
1705StudioAED 377K · Mar 2014
1706StudioAED 410K · Dec 2016
1707StudioAED 453K · Apr 2014
1–7 of 21

1716, Lakeside Towers D in numbers

  • Sold 4 times: first on 26 December 2013 for AED 307,180, last on 25 September 2023 for AED 270,000 (AED 731 per sqft).
  • Rented since April 2015 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 18,000 in 2021 and recovered to AED 28,000 by November 2023.
  • At AED 28,000 a year the gross yield on the 2023 price is 10.4%, 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 2023.

Questions about 1716, Lakeside Towers D

What did unit 1716 last sell for?

AED 270,000 on 25 September 2023: AED 731 per sqft for 369 sqft. The unit has 4 registered sales; the first was AED 307,180 in December 2013.

What is the rent for unit 1716?

AED 28,000 a year on the contract signed on 20 November 2023. The previous contract, from November 2022, was AED 21,000; the unit has been rented since April 2015.

How big is unit 1716?

369 sqft (34.3 sqm): a studio on the 17th floor of a 22-storey tower completed in 2014.

What is unit 1716 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 1716, Lakeside Towers D

Starts from the last sale price (AED 270K, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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