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Studio · 365 sqftLakeside Towers D, Dubai Production City (IMPZ) · 4th floor · completed 2014

406, Lakeside Towers D

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 400K5 September 2024
Current rentAED 37K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Lakeside Towers D

What is 406 worth today?

Last sold for AED 400,000 in 2024

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5 Sep 2024SoldReady
AED 400,000AED 1,095 per sqft
2 May 2024RentedNew contract
AED 36,500/yr12 months · AED 100 per sqft
1 Nov 2022RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft
1 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 55 per sqft
1 Sep 2017RentedNew contract
AED 31,000/yr12 months · AED 85 per sqft
30 Jun 2016RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
1 Jul 2015RentedNew contract
AED 41,576/yr11 months · AED 114 per sqft
28 May 2009Sold by developerOff-plan
AED 319,000AED 873 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
4th of 22
Parking
B3-419
Developer
The Waves
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 400K · September 2024
Building
Lakeside Towers D

About 406, Lakeside Towers D

406 is a studio of 365 sqft on the 4th floor of Lakeside Towers D, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 5 September 2024 for AED 400,000, or AED 1,095 per sqft, 31% above the AED 833 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 2 May 2024, is AED 36,500 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, May 2009: AED 319,000 (AED 873 per sqft)Sold, September 2024: AED 400,000 (AED 1,095 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, 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, July 2015: AED 41,576 a yearNew contract, June 2016: AED 40,000 a yearNew contract, September 2017: AED 31,000 a yearNew contract, September 2021: AED 20,000 a yearNew contract, November 2022: AED 26,000 a yearNew contract, May 2024: AED 36,500 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 406 sits

All 350 studios →

406 last sold in September 2024 at AED 1,095 per sqft, 31% above what studios in Lakeside Towers D were fetching at the time (AED 833). 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. 406's AED 36,500 is in the upper 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 4th floor

All 483 units in Lakeside Towers D
Value
4011-bedAED 585K · May 2025
4021-bedAED 590K · Sep 2026
403StudioAED 200K · Sep 2012
404StudioAED 200K · Sep 2012
405StudioAED 200K · Sep 2012
407StudioAED 400K · Apr 2016
408StudioAED 400K · May 2026
1–7 of 21

406, Lakeside Towers D in numbers

  • Sold twice: first on 28 May 2009 for AED 319,000, last on 5 September 2024 for AED 400,000 (AED 1,095 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 41,576 to AED 20,000 in 2021 and recovered to AED 36,500 by May 2024.
  • At AED 36,500 a year the gross yield on the 2024 price is 9.1%, 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 5 September 2024.

Questions about 406, Lakeside Towers D

What did unit 406 last sell for?

AED 400,000 on 5 September 2024: AED 1,095 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 319,000 in May 2009.

What is the rent for unit 406?

AED 36,500 a year on the contract signed on 2 May 2024. The previous contract, from November 2022, was AED 26,000; the unit has been rented since July 2015.

How big is unit 406?

365 sqft (33.9 sqm): a studio on the 4th floor of a 22-storey tower completed in 2014.

What is unit 406 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 406, Lakeside Towers D

Starts from the last sale price (AED 400K, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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