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

5216, Lake Apartments

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

Unit 5216 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.14M3 June 2014
Current rentAED 100K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5216, Lake Apartments

What is 5216 worth today?

Last sold for AED 1,140,000 in 2014

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1 Mar 2026RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
31 Mar 2023RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
1 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
31 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
4 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
2nd of 3
Parking
G-32
Service charge
AED 38,200 /yr
Last sold
AED 1.14M · June 2014

About 5216, Lake Apartments

5216 is a two-bedroom apartment of 1,629 sqft on the 2nd floor of Lake Apartments, a 3-storey tower in Green Community East. The developer sold it on 3 June 2014 for AED 1,140,000, or AED 699 per sqft, in line with the AED 682 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 100,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 38,200 a year.

Sales and rents for 5216 over time

Sales
Unit 5216, 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, June 2014: AED 1,140,000 (AED 699 per sqft)

5216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5216, 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, August 2014: AED 110,000 a yearNew contract, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearNew contract, December 2018: AED 85,000 a yearNew contract, December 2019: AED 80,000 a yearNew contract, April 2021: AED 75,000 a yearNew contract, March 2023: AED 80,000 a yearNew contract, March 2024: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2026: AED 100,000 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 5216 sits

All 24 2-beds →

5216 last sold in June 2014 at AED 699 per sqft, in line with what two-beds in Lake Apartments were fetching at the time (AED 682). 5216's AED 100,000 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
52042-bedAED 1.25M · Jan 2024
52051-bedAED 600K · Jun 2019
52061-bedAED 760K · Jul 2025
52071-bedAED 595K · Jul 2019
1–7 of 15

5216, Lake Apartments in numbers

  • Sold once: by the developer on 3 June 2014 for AED 1,140,000, or AED 699 per sqft.
  • Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 100,000 by March 2026.
  • At AED 100,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 38,200 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 5216, Lake Apartments

What did unit 5216 last sell for?

AED 1,140,000 on 3 June 2014, sold by the developer: AED 699 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 5216?

AED 100,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since August 2014.

How big is unit 5216?

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

What is unit 5216 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 5216, Lake Apartments

Starts from the last sale price (AED 1.14M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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