5116, Lake Apartments
Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5116, Lake Apartments
What is 5116 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 1st of 3
- Parking
- G-39
- Service charge
- AED 11,700 /yr
- Last sold
- AED 480K · March 2025
- Building
- Lake Apartments
About 5116, Lake Apartments
5116 is a studio of 501 sqft on the 1st floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 20 March 2025 for AED 480,000, or AED 958 per sqft, in line with the AED 958 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 46,000 a year: a gross yield of 9.6% on the 2025 price, before the service charge of about AED 11,700 a year.
Sales and rents for 5116 over time
5116 has sold 3 times; 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 5116 sits
All 12 studios →5116 last sold in March 2025 at AED 958 per sqft, in line with what studios in Lake Apartments were fetching at the time (AED 958). 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. 5116's AED 46,000 is in the lower 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 | ||
| 7 Oct 20247 October 2024 | 457 sqft | 400,000 | 874 |
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 | |
| 5115 | Studio | 497 sqft | AED 420KAED 420,000 · Dec 2014December 2014 | 48,000 /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 |
5116, Lake Apartments in numbers
- Sold 3 times: first on 28 April 2013 for AED 420,000, last on 20 March 2025 for AED 480,000 (AED 958 per sqft).
- Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 25,000 in 2022 and recovered to AED 46,000 by July 2026.
- At AED 46,000 a year the gross yield on the 2025 price is 9.6%, 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 1 July 2026.
Questions about 5116, Lake Apartments
What did unit 5116 last sell for?
AED 480,000 on 20 March 2025: AED 958 per sqft for 501 sqft. The unit has 3 registered sales; the first was AED 420,000 in April 2013.
What is the rent for unit 5116?
AED 46,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 46,000; the unit has been rented since April 2015.
How big is unit 5116?
501 sqft (46.5 sqm): a studio on the 1st floor of a 3-storey tower.
What is unit 5116 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 5116, Lake Apartments
Starts from the last sale price (AED 480K, 20 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →