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2-bed · 2,941 sqftLake Apartments, Green Community East · 1st floor

5118, Lake Apartments

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5118 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.7M12 April 2015
Current rentAED 160K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5118, Lake Apartments

What is 5118 worth today?

Last sold for AED 1,700,000 in 2015

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15 Oct 2026RentedNew contract
AED 160,000/yr12 months · AED 54 per sqft
20 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 48 per sqft
20 Dec 2023RentedRenewal
AED 140,000/yr12 months · AED 48 per sqft
20 Dec 2022RentedNew contract
AED 140,000/yr12 months · AED 48 per sqft
7 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 34 per sqft
15 Jun 2019RentedRenewal
AED 125,000/yr12 months · AED 43 per sqft
15 Jun 2018RentedNew contract
AED 127,500/yr12 months · AED 43 per sqft
7 Jun 2017RentedRenewal
AED 165,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
2,941 sqft
Floor
1st of 3
Parking
G-20
Service charge
AED 69,000 /yr
Last sold
AED 1.7M · April 2015
Building
Lake Apartments

About 5118, Lake Apartments

5118 is a two-bedroom apartment of 2,941 sqft on the 1st floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 12 April 2015 for AED 1,700,000, or AED 578 per sqft, 18% below the AED 708 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 October 2026, is AED 160,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 69,000 a year.

Sales and rents for 5118 over time

Sales
Unit 5118, each saleTypical two-bed in Lake Apartments
1.5M2013201720212025Typical 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, February 2013: AED 1,470,500 (AED 500 per sqft)Sold, March 2013: AED 1,332,648 (AED 453 per sqft)Sold, April 2015: AED 1,700,000 (AED 578 per sqft)

5118 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5118, 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, June 2015: AED 165,000 a yearNew contract, June 2016: AED 165,000 a yearRenewal, June 2017: AED 165,000 a yearNew contract, June 2018: AED 127,500 a yearRenewal, June 2019: AED 125,000 a yearNew contract, December 2021: AED 100,000 a yearNew contract, December 2022: AED 140,000 a yearRenewal, December 2023: AED 140,000 a yearRenewal, December 2024: AED 140,000 a yearNew contract, October 2026: AED 160,000 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 5118 sits

All 24 2-beds →

5118 last sold in April 2015 at AED 578 per sqft, 18% below what two-beds in Lake Apartments were fetching at the time (AED 708). 5118's AED 160,000 is at the top 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
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

5118, Lake Apartments in numbers

  • Sold 3 times: first on 24 February 2013 for AED 1,470,500, last on 12 April 2015 for AED 1,700,000 (AED 578 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2021 and recovered to AED 160,000 by October 2026.
  • At AED 160,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 69,000 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 15 October 2026.

Questions about 5118, Lake Apartments

What did unit 5118 last sell for?

AED 1,700,000 on 12 April 2015: AED 578 per sqft for 2,941 sqft. The unit has 3 registered sales; the first was AED 1,470,500 in February 2013.

What is the rent for unit 5118?

AED 160,000 a year on the contract signed on 15 October 2026. The previous contract, from December 2024, was AED 140,000; the unit has been rented since June 2015.

How big is unit 5118?

2,941 sqft (273.2 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower.

What is unit 5118 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 5118, Lake Apartments

Starts from the last sale price (AED 1.7M, 12 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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