2-bed · 1,680 sqftLake Apartments, Green Community East · 2nd floor

5204, Lake Apartments

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5204 · DLD and Ejari recordsUpdated 3 January 2024
Last soldAED 1.25M3 January 2024
Current rentAED 70K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5204, Lake Apartments

What is 5204 worth today?

Last sold for AED 1,250,000 in 2024

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3 Jan 2024SoldReady
AED 1,250,000AED 744 per sqft
7 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
22 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
1 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft
25 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 80 per sqft
25 Jan 2016RentedRenewal
AED 135,000/yr12 months · AED 80 per sqft
25 Jan 2015RentedNew contract
AED 135,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 3 January 2024.

Key facts

Type
2-bed apartment
Size
1,680 sqft
Floor
2nd of 3
Parking
G-07
Service charge
AED 39,400 /yr
Last sold
AED 1.25M · January 2024

About 5204, Lake Apartments

5204 is a two-bedroom apartment of 1,680 sqft on the 2nd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 3 January 2024 for AED 1,250,000, or AED 744 per sqft, in line with the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 7 October 2021, is AED 70,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 39,400 a year.

Sales and rents for 5204 over time

Sales
Unit 5204, each saleTypical two-bed in Lake Apartments
1.2M1.4M1.6M2013201720212025Typical 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, April 2013: AED 1,140,000 (AED 678 per sqft)Sold, January 2024: AED 1,250,000 (AED 744 per sqft)

5204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5204, 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, January 2015: AED 135,000 a yearRenewal, January 2016: AED 135,000 a yearNew contract, January 2017: AED 135,000 a yearNew contract, December 2018: AED 85,000 a yearRenewal, December 2019: AED 90,000 a yearNew contract, April 2021: AED 70,000 a yearNew contract, October 2021: AED 70,000 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 5204 sits

All 24 2-beds →

5204 last sold in January 2024 at AED 744 per sqft, in line with what two-beds in Lake Apartments were fetching at the time (AED 744). 5204's AED 70,000 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
52032-bedAED 1.89M · Jun 2014
52051-bedAED 600K · Jun 2019
52061-bedAED 760K · Jul 2025
52071-bedAED 595K · Jul 2019
52081-bedAED 730K · Feb 2014
1–7 of 15

5204, Lake Apartments in numbers

  • Sold twice: first on 28 April 2013 for AED 1,140,000, last on 3 January 2024 for AED 1,250,000 (AED 744 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 135,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 39,400 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 3 January 2024.

Questions about 5204, Lake Apartments

What did unit 5204 last sell for?

AED 1,250,000 on 3 January 2024: AED 744 per sqft for 1,680 sqft. The unit has 2 registered sales; the first was AED 1,140,000 in April 2013.

What is the rent for unit 5204?

AED 70,000 a year on the contract signed on 7 October 2021. The previous contract, from April 2021, was AED 70,000; the unit has been rented since January 2015.

How big is unit 5204?

1,680 sqft (156.1 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 5204 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 5204, Lake Apartments

Starts from the last sale price (AED 1.25M, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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