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2-bed · 1,629 sqftLake Apartments, Green Community East · 2nd floor

5202, Lake Apartments

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5202 · DLD and Ejari recordsUpdated 21 July 2019
Last soldAED 1M17 April 2019
Current rentAED 48K /yr21 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5202, Lake Apartments

What is 5202 worth today?

Last sold for AED 1,000,000 in 2019

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21 Jul 2019RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
18 Apr 2019RentedNew contract
AED 97,000/yr12 months · AED 60 per sqft
17 Apr 2019SoldReady
AED 1,000,000AED 613 per sqft
7 Jul 2017RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
7 Jul 2016RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
5 Jul 2015RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
27 May 2015Sold by developerReady
AED 1,120,000AED 687 per sqft
5 Jul 2014RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 21 July 2019.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
2nd of 3
Parking
G-04
Service charge
AED 38,200 /yr
Last sold
AED 1M · April 2019
Building
Lake Apartments

About 5202, Lake Apartments

5202 is a two-bedroom apartment of 1,629 sqft on the 2nd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 17 April 2019 for AED 1,000,000, or AED 613 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 July 2019, is AED 48,000 a year: a gross yield of 4.8% on the 2019 price, before the service charge of about AED 38,200 a year.

Sales and rents for 5202 over time

Sales
Unit 5202, each saleTypical two-bed in Lake Apartments
1M1.25M1.5M2013201720212025Typical 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, May 2015: AED 1,120,000 (AED 687 per sqft)Sold, April 2019: AED 1,000,000 (AED 613 per sqft)

5202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5202, each contractTypical two-bed in Lake Apartments
50K100K2013201720212025Typical 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, August 2013: AED 115,000 a yearNew contract, July 2014: AED 130,000 a yearRenewal, July 2015: AED 130,000 a yearNew contract, July 2016: AED 130,000 a yearRenewal, July 2017: AED 130,000 a yearNew contract, April 2019: AED 97,000 a yearNew contract, July 2019: AED 48,000 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 5202 sits

All 24 2-beds →

5202's AED 48,000 is at the bottom 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 2nd floor

All 52 units in Lake Apartments
Value
52012-bedAED 1.45M · Jul 2025
52032-bedAED 1.89M · Jun 2014
52042-bedAED 1.25M · Jan 2024
52051-bedAED 600K · Jun 2019
52061-bedAED 760K · Jul 2025
52071-bedAED 595K · Jul 2019
52081-bedAED 730K · Feb 2014
1–7 of 15

5202, Lake Apartments in numbers

  • Sold twice: first on 27 May 2015 for AED 1,120,000, last on 17 April 2019 for AED 1,000,000 (AED 613 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 115,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2019 price is 4.8%, before a service charge of about AED 38,200 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 21 July 2019.

Questions about 5202, Lake Apartments

What did unit 5202 last sell for?

AED 1,000,000 on 17 April 2019: AED 613 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 1,120,000 in May 2015.

What is the rent for unit 5202?

AED 48,000 a year on the contract signed on 21 July 2019. The previous contract, from April 2019, was AED 97,000; the unit has been rented since August 2013.

How big is unit 5202?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 5202 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 5202, Lake Apartments

Starts from the last sale price (AED 1M, 17 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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