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

5114, Lake Apartments

Sold prices and rental history: sold 4 times, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5114 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 405K16 April 2025
Current rentAED 40K /yr26 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5114, Lake Apartments

What is 5114 worth today?

Last sold for AED 405,000 in 2025

Unlock today's estimate, updated daily, with

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

16 Apr 2025SoldReady
AED 405,000AED 832 per sqft
26 Oct 2023RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
26 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
25 Apr 2022SoldReady
AED 295,000AED 1,212 per sqft
9 Feb 2017RentedRenewal
AED 60,000/yr12 months · AED 124 per sqft
9 Feb 2016RentedRenewal
AED 65,000/yr12 months · AED 134 per sqft
9 Feb 2015RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
21 Sep 2014SoldReady
AED 675,000AED 1,387 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
1st of 3
Parking
G-18
Service charge
AED 11,400 /yr
Last sold
AED 405K · April 2025

About 5114, Lake Apartments

5114 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 16 April 2025 for AED 405,000, or AED 832 per sqft, 9% below the AED 916 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 26 October 2023, is AED 40,000 a year: a gross yield of 9.9% on the 2025 price, before the service charge of about AED 11,400 a year.

Sales and rents for 5114 over time

Sales
Unit 5114, each saleTypical studio in Lake Apartments
400K600K2013201720212025Typical sale price by year: 2013 AED 420,000; 2014 AED 505,000; 2016 AED 515,000; 2022 AED 325,000Sold by developer, October 2013: AED 420,000 (AED 863 per sqft)Sold, September 2014: AED 675,000 (AED 1,387 per sqft)Sold, April 2022: AED 295,000 (AED 1,212 per sqft)Sold, April 2025: AED 405,000 (AED 832 per sqft)

5114 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 5114, each contractTypical studio in Lake Apartments
40K60K2013201720212025Typical 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, August 2013: AED 40,000 a yearNew contract, August 2014: AED 65,000 a yearNew contract, February 2015: AED 65,000 a yearRenewal, February 2016: AED 65,000 a yearRenewal, February 2017: AED 60,000 a yearNew contract, October 2022: AED 35,000 a yearRenewal, October 2023: AED 40,000 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 5114 sits

All 12 studios →

5114 last sold in April 2025 at AED 832 per sqft, 9% below what studios in Lake Apartments were fetching at the time (AED 916). 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. 5114's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026470,000
24 Jun 2026520,000
20 Mar 2025480,000
7 Oct 2024400,000
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

5114, Lake Apartments in numbers

  • Sold 4 times: first on 2 October 2013 for AED 420,000, last on 16 April 2025 for AED 405,000 (AED 832 per sqft).
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2022 and recovered to AED 40,000 by October 2023.
  • At AED 40,000 a year the gross yield on the 2025 price is 9.9%, 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 16 April 2025.

Questions about 5114, Lake Apartments

What did unit 5114 last sell for?

AED 405,000 on 16 April 2025: AED 832 per sqft for 487 sqft. The unit has 4 registered sales; the first was AED 420,000 in October 2013.

What is the rent for unit 5114?

AED 40,000 a year on the contract renewed on 26 October 2023. The previous contract, from October 2022, was AED 35,000; the unit has been rented since August 2013.

How big is unit 5114?

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

What is unit 5114 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.

Selling 5114? 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 5114, Lake Apartments

Starts from the last sale price (AED 405K, 16 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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