Home
Dubai prices
About
Research
Studio · 369 sqftLakeside Towers D, Dubai Production City (IMPZ) · 6th floor · completed 2014

616, Lakeside Towers D

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 386K4 August 2014
Current rentAED 32K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 616

Property timeline for 616, Lakeside Towers D

What is 616 worth today?

Last sold for AED 386,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jan 2025RentedRenewal
AED 32,000/yr12 months · AED 87 per sqft
15 Jan 2025RentedRenewal
AED 32,000/yr12 months · AED 87 per sqft
15 Jan 2024RentedRenewal
AED 27,300/yr12 months · AED 75 per sqft
15 Jan 2023RentedRenewal
AED 26,000/yr12 months · AED 71 per sqft
15 Jan 2022RentedRenewal
AED 18,000/yr12 months · AED 49 per sqft
15 Jan 2021RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft
15 Jan 2020RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
15 Jan 2019RentedRenewal
AED 30,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
Studio apartment
Size
369 sqft
Floor
6th of 22
Parking
B3-479
Developer
The Waves
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 386K · August 2014
Building
Lakeside Towers D

About 616, Lakeside Towers D

616 is a studio of 369 sqft on the 6th 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 4 August 2014 for AED 386,000, or AED 1,045 per sqft, 8% above the AED 972 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 32,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 5,100 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, August 2014: AED 386,000 (AED 1,045 per sqft)

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

Rents
Unit 616, 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, January 2016: AED 38,000 a yearRenewal, January 2017: AED 38,000 a yearRenewal, January 2018: AED 38,000 a yearRenewal, January 2019: AED 30,000 a yearRenewal, January 2020: AED 24,000 a yearRenewal, January 2021: AED 16,500 a yearRenewal, January 2022: AED 18,000 a yearRenewal, January 2023: AED 26,000 a yearRenewal, January 2024: AED 27,300 a yearRenewal, January 2025: AED 32,000 a yearRenewal, January 2025: AED 32,000 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 616 sits

All 350 studios →

616 last sold in August 2014 at AED 1,045 per sqft, 8% above what studios in Lakeside Towers D were fetching at the time (AED 972). 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. 616's AED 32,000 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 6th floor

All 483 units in Lakeside Towers D
Value
6011-bedAED 550K · Dec 2017
6021-bedAED 560K · Jan 2025
603StudioAED 395K · Mar 2016
604StudioAED 438K · Jan 2016
605StudioAED 324K · Jun 2009
606StudioAED 210K · Feb 2021
607StudioAED 475K · Jun 2016
1–7 of 21

616, Lakeside Towers D in numbers

  • Sold once: by The Waves on 4 August 2014 for AED 386,000, or AED 1,045 per sqft.
  • Rented since January 2016 on 11 Ejari contracts. The rent fell from AED 38,000 to AED 16,500 in 2021 and recovered to AED 32,000 by January 2025.
  • At AED 32,000 a year the gross yield on the 2014 price is 8.3%, 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 15 January 2025.

Questions about 616, Lakeside Towers D

What did unit 616 last sell for?

AED 386,000 on 4 August 2014, sold by the developer: AED 1,045 per sqft for 369 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 32,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 32,000; the unit has been rented since January 2016.

How big is unit 616?

369 sqft (34.3 sqm): a studio on the 6th floor of a 22-storey tower completed in 2014.

What is unit 616 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.

Selling 616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 616, Lakeside Towers D

Starts from the last sale price (AED 386K, 4 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 386,000
Deposit, UAE resident (20%)
AED 77,200
Deposit, non-resident (40%)
AED 154,400
Monthly over 25 years at 3.7%
AED 1,579

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