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1-bed · 692 sqftLakeside Towers D, Dubai Production City (IMPZ) · 7th floor · completed 2014

721, Lakeside Towers D

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 21 June 2022
Last soldAED 320K21 June 2022
Current rentAED 25K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, Lakeside Towers D

What is 721 worth today?

Last sold for AED 320,000 in 2022

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21 Jun 2022SoldReady
AED 320,000AED 462 per sqft
20 Mar 2021RentedRenewal
AED 25,000/yr12 months · AED 36 per sqft
20 Mar 2020RentedRenewal
AED 25,000/yr12 months · AED 36 per sqft
20 Mar 2019RentedNew contract
AED 37,000/yr12 months · AED 54 per sqft
4 Aug 2018RentedNew contract
AED 44,000/yr12 months · AED 64 per sqft
28 Dec 2016RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
10 Dec 2015RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
30 Dec 2009Sold by developerOff-plan
AED 1,000,000AED 1,445 per sqft

Source: Dubai Land Department. Updated 21 June 2022.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
7th of 22
Parking
B2-27
Developer
The Waves
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 320K · June 2022
Building
Lakeside Towers D

About 721, Lakeside Towers D

721 is a one-bedroom apartment of 692 sqft on the 7th floor of Lakeside Towers D, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. It last sold on 21 June 2022 for AED 320,000, or AED 462 per sqft, in line with the AED 470 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 March 2021, is AED 25,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 9,500 a year.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical one-bed in Lakeside Towers D
500K1M2009201420192024Typical 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 330,000; 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 1,000,000 (AED 1,445 per sqft)Sold, June 2022: AED 320,000 (AED 462 per sqft)

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

Rents
Unit 721, each contractTypical one-bed in Lakeside Towers D
20K40K60K20152018202120242027Typical 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, December 2015: AED 60,000 a yearNew contract, December 2016: AED 55,000 a yearNew contract, August 2018: AED 44,000 a yearNew contract, March 2019: AED 37,000 a yearRenewal, March 2020: AED 25,000 a yearRenewal, March 2021: AED 25,000 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 721 sits

All 133 1-beds →

721 last sold in June 2022 at AED 462 per sqft, in line with what one-beds in Lakeside Towers D were fetching at the time (AED 470). 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. 721's AED 25,000 is at the bottom 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 7th floor

All 483 units in Lakeside Towers D
Value
7011-bedAED 390K · Jul 2023
7021-bedAED 390K · May 2024
703StudioAED 312K · Jun 2024
704StudioAED 200K · Jul 2019
705StudioAED 340K · Feb 2019
706StudioAED 400K · Apr 2017
707StudioAED 324K · Jun 2009
1–7 of 21

721, Lakeside Towers D in numbers

  • Sold twice: first on 30 December 2009 for AED 1,000,000, last on 21 June 2022 for AED 320,000 (AED 462 per sqft).
  • Rented since December 2015 on 6 Ejari contracts, from AED 60,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 9,500 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 21 June 2022.

Questions about 721, Lakeside Towers D

What did unit 721 last sell for?

AED 320,000 on 21 June 2022: AED 462 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in December 2009.

What is the rent for unit 721?

AED 25,000 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 25,000; the unit has been rented since December 2015.

How big is unit 721?

692 sqft (64.3 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2014.

What is unit 721 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 721, Lakeside Towers D

Starts from the last sale price (AED 320K, 21 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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