2-bed · 1,697 sqftLake Apartments, Green Community East · 2nd floor

5203, Lake Apartments

Sold prices and rental history: sold twice, last in June 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5203 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.89M18 June 2014
Current rentAED 95K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5203, Lake Apartments

What is 5203 worth today?

Last sold for AED 1,885,000 in 2014

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1 Feb 2023RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
18 Jun 2014SoldReady
AED 1,885,000AED 1,110 per sqft
12 Mar 2014Sold by developerReady
AED 1,140,000AED 671 per sqft
1 Jul 2013RentedNew contract
AED 105,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,697 sqft
Floor
2nd of 3
Parking
G-06
Service charge
AED 39,800 /yr
Last sold
AED 1.89M · June 2014

About 5203, Lake Apartments

5203 is a two-bedroom apartment of 1,697 sqft on the 2nd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 18 June 2014 for AED 1,885,000, or AED 1,110 per sqft, 63% above the AED 682 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 February 2023, is AED 95,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 39,800 a year.

Sales and rents for 5203 over time

Sales
Unit 5203, each saleTypical two-bed in Lake Apartments
1.5M2M2013201720212025Typical 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, March 2014: AED 1,140,000 (AED 671 per sqft)Sold, June 2014: AED 1,885,000 (AED 1,110 per sqft)

5203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5203, each contractTypical two-bed in Lake Apartments
100K2013201720212025Typical 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, July 2013: AED 105,000 a yearNew contract, February 2023: AED 95,000 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 5203 sits

All 24 2-beds →

5203 last sold in June 2014 at AED 1,110 per sqft, 63% above what two-beds in Lake Apartments were fetching at the time (AED 682). 5203's AED 95,000 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
52022-bedAED 1M · Apr 2019
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

5203, Lake Apartments in numbers

  • Sold twice: first on 12 March 2014 for AED 1,140,000, last on 18 June 2014 for AED 1,885,000 (AED 1,110 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 105,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 39,800 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 5203, Lake Apartments

What did unit 5203 last sell for?

AED 1,885,000 on 18 June 2014: AED 1,110 per sqft for 1,697 sqft. The unit has 2 registered sales; the first was AED 1,140,000 in March 2014.

What is the rent for unit 5203?

AED 95,000 a year on the contract signed on 1 February 2023. The previous contract, from July 2013, was AED 105,000.

How big is unit 5203?

1,697 sqft (157.7 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 5203 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 5203, Lake Apartments

Starts from the last sale price (AED 1.89M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,885,000
Deposit, UAE resident (20%)
AED 377,000
Deposit, non-resident (40%)
AED 754,000
Monthly over 25 years at 3.7%
AED 7,712

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