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2-bed · 1,639 sqftLake Apartments, Green Community East · 1st floor

5102, Lake Apartments

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5102 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 1.05M24 August 2023
Current rentAED 83K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5102, Lake Apartments

What is 5102 worth today?

Last sold for AED 1,050,000 in 2023

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24 Aug 2023SoldReady
AED 1,050,000AED 640 per sqft
10 Aug 2022RentedRenewal
AED 82,500/yr12 months · AED 50 per sqft
10 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
1 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
1 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
5 Oct 2017RentedRenewal
AED 140,859/yr2 months · AED 86 per sqft
5 Oct 2016RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
5 Oct 2015RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
2-bed apartment
Size
1,639 sqft
Floor
1st of 3
Parking
G-51
Service charge
AED 38,500 /yr
Last sold
AED 1.05M · August 2023
Building
Lake Apartments

About 5102, Lake Apartments

5102 is a two-bedroom apartment of 1,639 sqft on the 1st floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 24 August 2023 for AED 1,050,000, or AED 640 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 August 2022, is AED 82,500 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 38,500 a year.

Sales and rents for 5102 over time

Sales
Unit 5102, each saleTypical two-bed in Lake Apartments
1M1.25M1.5M2013201720212025Typical sale price by year: 2013 AED 1,145,000; 2014 AED 1,145,000; 2015 AED 1,140,000; 2016 AED 1,550,000; 2025 AED 1,475,000Sold by developer, June 2013: AED 1,125,000 (AED 686 per sqft)Sold, July 2013: AED 1,300,000 (AED 793 per sqft)Sold, August 2023: AED 1,050,000 (AED 640 per sqft)

5102 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5102, each contractTypical two-bed in Lake Apartments
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 115,000; 2015 AED 131,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 94,500; 2023 AED 97,500; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 132,000New contract, October 2013: AED 125,000 a yearNew contract, October 2014: AED 140,000 a yearNew contract, October 2015: AED 140,000 a yearRenewal, October 2016: AED 140,000 a yearRenewal, October 2017: AED 140,859 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 85,000 a yearNew contract, August 2021: AED 75,000 a yearRenewal, August 2022: AED 82,500 a year

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

2-beds in Lake Apartments, and where 5102 sits

All 24 2-beds →

5102's AED 82,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20251,500,000
28 Jul 20251,510,000
23 Jul 20251,400,000
17 Jul 20251,450,000
0 2-bed sales in the last 12 months

Lake Apartments

Building

52 apartments, studios to 2-bed over 3 floors in Green Community East. 2 sold in the last 12 months.

Typical price per sqft
AED 1,034
Typical sale
AED 495K
Typical rent
AED 52K /yr
Typical yield
8.5%
Lake Apartments, Green Community East: prices, sales and rents →

Other units on the 1st floor

All 52 units in Lake Apartments
Value
51012-bedAED 1.15M · Aug 2014
51032-bedAED 1.53M · May 2025
51042-bedAED 900K · Jan 2021
5105StudioAED 470K · Jul 2026
5106StudioAED 420K · Apr 2013
5107StudioAED 515K · Aug 2024
5108StudioAED 580K · Nov 2016
1–7 of 19

5102, Lake Apartments in numbers

  • Sold 3 times: first on 10 June 2013 for AED 1,125,000, last on 24 August 2023 for AED 1,050,000 (AED 640 per sqft).
  • Rented since October 2013 on 9 Ejari contracts, from AED 125,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 38,500 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 24 August 2023.

Questions about 5102, Lake Apartments

What did unit 5102 last sell for?

AED 1,050,000 on 24 August 2023: AED 640 per sqft for 1,639 sqft. The unit has 3 registered sales; the first was AED 1,125,000 in June 2013.

What is the rent for unit 5102?

AED 82,500 a year on the contract renewed on 10 August 2022. The previous contract, from August 2021, was AED 75,000; the unit has been rented since October 2013.

How big is unit 5102?

1,639 sqft (152.3 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower.

What is unit 5102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5102, Lake Apartments

Starts from the last sale price (AED 1.05M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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