Studio · 487 sqftLake Apartments, Green Community East · 1st floor

5108, Lake Apartments

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5108 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 580K22 November 2016
Current rentAED 50K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5108, Lake Apartments

What is 5108 worth today?

Last sold for AED 580,000 in 2016

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12 May 2025RentedRenewal
AED 50,400/yr12 months · AED 104 per sqft
12 May 2024RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
12 May 2023RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
12 May 2022RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
6 Jan 2020RentedRenewal
AED 43,000/yr12 months · AED 89 per sqft
6 Jan 2019RentedNew contract
AED 43,000/yr12 months · AED 89 per sqft
20 Dec 2017RentedNew contract
AED 43,000/yr12 months · AED 88 per sqft
22 Nov 2016SoldReady
AED 580,000AED 1,191 per sqft

Source: Dubai Land Department. Updated 12 May 2025.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
1st of 3
Parking
G-16
Service charge
AED 11,400 /yr
Last sold
AED 580K · November 2016

About 5108, Lake Apartments

5108 is a studio of 487 sqft on the 1st floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 22 November 2016 for AED 580,000, or AED 1,191 per sqft, 13% above the AED 1,058 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 12 May 2025, is AED 50,400 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 11,400 a year.

Sales and rents for 5108 over time

Sales
Unit 5108, each saleTypical studio in Lake Apartments
400K600K2013201620192022Typical sale price by year: 2013 AED 420,000; 2014 AED 505,000; 2016 AED 515,000; 2022 AED 325,000Sold by developer, April 2016: AED 275,000 (AED 565 per sqft)Sold, June 2016: AED 450,000 (AED 924 per sqft)Sold, November 2016: AED 580,000 (AED 1,191 per sqft)

5108 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 5108, each contractTypical studio in Lake Apartments
30K40K50K2013201720212025Typical rent by year: 2013 AED 40,000; 2014 AED 50,000; 2015 AED 52,500; 2016 AED 49,500; 2017 AED 50,000; 2018 AED 49,000; 2019 AED 43,000; 2020 AED 37,000; 2021 AED 33,000; 2022 AED 33,000; 2023 AED 36,650; 2024 AED 42,000; 2025 AED 46,000; 2026 AED 49,000New contract, December 2017: AED 43,000 a yearNew contract, January 2019: AED 43,000 a yearRenewal, January 2020: AED 43,000 a yearNew contract, May 2022: AED 42,000 a yearRenewal, May 2023: AED 42,000 a yearRenewal, May 2024: AED 42,000 a yearRenewal, May 2025: AED 50,400 a year

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

Studios in Lake Apartments, and where 5108 sits

All 12 studios →

5108 last sold in November 2016 at AED 1,191 per sqft, 13% above what studios in Lake Apartments were fetching at the time (AED 1,058). Over the last 12 months studios sold for AED 470,000 to 520,000, around AED 1,034 per sqft, and rent for AED 38,850 to 54,000 a year. 5108's AED 50,400 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026470,000
24 Jun 2026520,000
16 Apr 2025405,000
20 Mar 2025480,000
2 studio 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
51022-bedAED 1.05M · Aug 2023
51032-bedAED 1.53M · May 2025
51042-bedAED 900K · Jan 2021
5105StudioAED 470K · Jul 2026
5106StudioAED 420K · Apr 2013
5107StudioAED 515K · Aug 2024
1–7 of 19

5108, Lake Apartments in numbers

  • Sold 3 times: first on 14 April 2016 for AED 275,000, last on 22 November 2016 for AED 580,000 (AED 1,191 per sqft).
  • Rented since December 2017 on 7 Ejari contracts, from AED 43,000 to AED 50,400 a year.
  • At AED 50,400 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 11,400 a year (AED 23.46 per sqft).
  • Studios in Lake Apartments sold for AED 470,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,034 per sqft.

Source: Dubai Land Department. Updated 12 May 2025.

Questions about 5108, Lake Apartments

What did unit 5108 last sell for?

AED 580,000 on 22 November 2016: AED 1,191 per sqft for 487 sqft. The unit has 3 registered sales; the first was AED 275,000 in April 2016.

What is the rent for unit 5108?

AED 50,400 a year on the contract renewed on 12 May 2025. The previous contract, from May 2024, was AED 42,000; the unit has been rented since December 2017.

How big is unit 5108?

487 sqft (45.2 sqm): a studio on the 1st floor of a 3-storey tower.

What is unit 5108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lake Apartments sold for AED 470,000 to 520,000 in the last 12 months, around AED 1,034 per sqft.

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Mortgage on 5108, Lake Apartments

Starts from the last sale price (AED 580K, 22 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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