5115, Lake Apartments
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5115, Lake Apartments
What is 5115 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 1st of 3
- Parking
- G-17
- Service charge
- AED 11,700 /yr
- Last sold
- AED 420K · December 2014
- Building
- Lake Apartments
About 5115, Lake Apartments
5115 is a studio of 497 sqft on the 1st floor of Lake Apartments, a 3-storey tower in Green Community East. The developer sold it on 18 December 2014 for AED 420,000, or AED 845 per sqft, 14% below the AED 986 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 November 2025, is AED 48,000 a year: a gross yield of 11.4% on the 2014 price, before the service charge of about AED 11,700 a year.
Sales and rents for 5115 over time
5115 has sold once; the dashed line is the studio median of each year in the building.
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 5115 sits
All 12 studios →5115 last sold in December 2014 at AED 845 per sqft, 14% below what studios in Lake Apartments were fetching at the time (AED 986). 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. 5115's AED 48,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20263 July 2026 | 504 sqft | 470,000 | 932 | ||
| 24 Jun 202624 June 2026 | 457 sqft | 520,000 | 1,136 | ||
| 16 Apr 202516 April 2025 | 487 sqft | 405,000 | 832 | ||
| 20 Mar 202520 March 2025 | 501 sqft | 480,000 | 958 |
Lake Apartments
Building52 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%
Other units on the 1st floor
All 52 units in Lake Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5101 | 2-bed | 1,598 sqft | AED 1.15MAED 1,145,000 · Aug 2014August 2014 | 100,000 /yr | |
| 5102 | 2-bed | 1,639 sqft | AED 1.05MAED 1,050,000 · Aug 2023August 2023 | 82,500 /yr | |
| 5103 | 2-bed | 2,946 sqft | AED 1.53MAED 1,525,000 · May 2025May 2025 | 105,000 /yr | |
| 5104 | 2-bed | 1,690 sqft | AED 900KAED 900,000 · Jan 2021January 2021 | 99,448 /yr | |
| 5105 | Studio | 504 sqft | AED 470KAED 470,000 · Jul 2026July 2026 | 45,000 /yr | |
| 5106 | Studio | 504 sqft | AED 420KAED 420,000 · Apr 2013April 2013 | 54,000 /yr | |
| 5107 | Studio | 487 sqft | AED 515KAED 515,000 · Aug 2024August 2024 | 50,000 /yr | |
| 5108 | Studio | 487 sqft | AED 580KAED 580,000 · Nov 2016November 2016 | 50,400 /yr | |
| 5109 | Studio | 457 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 50,000 /yr | |
| 5110 | Studio | 554 sqft | AED 360KAED 360,000 · Feb 2022February 2022 | 48,000 /yr | |
| 5111 | Studio | 554 sqft | AED 525KAED 525,000 · May 2017May 2017 | 45,000 /yr | |
| 5112 | Studio | 457 sqft | AED 520KAED 520,000 · Jun 2026June 2026 | 43,878 /yr | |
| 5113 | Studio | 487 sqft | AED 325KAED 325,000 · Nov 2022November 2022 | 38,850 /yr | |
| 5114 | Studio | 487 sqft | AED 405KAED 405,000 · Apr 2025April 2025 | 40,000 /yr | |
| 5116 | Studio | 501 sqft | AED 480KAED 480,000 · Mar 2025March 2025 | 46,000 /yr | |
| 5117 | 2-bed | 1,685 sqft | AED 1.15MAED 1,145,000 · Jun 2013June 2013 | ||
| 5118 | 2-bed | 2,941 sqft | AED 1.7MAED 1,700,000 · Apr 2015April 2015 | 160,000 /yr | |
| 5119 | 2-bed | 1,598 sqft | AED 1.09MAED 1,087,750 · Apr 2014April 2014 | 150,000 /yr | |
| 5120 | 2-bed | 1,637 sqft | AED 1.34MAED 1,335,000 · Jul 2025July 2025 | 120,000 /yr |
5115, Lake Apartments in numbers
- Sold once: by the developer on 18 December 2014 for AED 420,000, or AED 845 per sqft.
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2021 and recovered to AED 48,000 by November 2025.
- At AED 48,000 a year the gross yield on the 2014 price is 11.4%, before a service charge of about AED 11,700 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 15 November 2025.
Questions about 5115, Lake Apartments
What did unit 5115 last sell for?
AED 420,000 on 18 December 2014, sold by the developer: AED 845 per sqft for 497 sqft. It is the only registered sale of the unit.
What is the rent for unit 5115?
AED 48,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 36,300; the unit has been rented since December 2014.
How big is unit 5115?
497 sqft (46.2 sqm): a studio on the 1st floor of a 3-storey tower.
What is unit 5115 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 5115, Lake Apartments
Starts from the last sale price (AED 420K, 18 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →