1-bed · 979 sqftLake Apartments, Green Community East · 3rd floor

5306, Lake Apartments

Sold prices and rental history: sold twice, last in August 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5306 · DLD and Ejari recordsUpdated 11 January 2020
Last soldAED 750K16 August 2015
Current rentAED 60K /yr11 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5306, Lake Apartments

What is 5306 worth today?

Last sold for AED 750,000 in 2015

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11 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
10 Jan 2019RentedNew contract
AED 59,839/yr12 months · AED 61 per sqft
16 Aug 2015SoldReady
AED 750,000AED 765 per sqft
5 May 2015Sold by developerReady
AED 750,000AED 765 per sqft

Source: Dubai Land Department. Updated 11 January 2020.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
3rd of 3
Parking
G-25
Service charge
AED 23,000 /yr
Last sold
AED 750K · August 2015

About 5306, Lake Apartments

5306 is a one-bedroom apartment of 979 sqft on the 3rd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 16 August 2015 for AED 750,000, or AED 765 per sqft, in line with the AED 769 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 11 January 2020, is AED 60,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 23,000 a year.

Sales and rents for 5306 over time

Sales
Unit 5306, each saleTypical one-bed in Lake Apartments
600K800K2013201720212025Typical sale price by year: 2013 AED 740,000; 2014 AED 745,000; 2015 AED 750,000; 2019 AED 595,000; 2025 AED 830,000Sold by developer, May 2015: AED 750,000 (AED 765 per sqft)Sold, August 2015: AED 750,000 (AED 765 per sqft)

5306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5306, each contractTypical one-bed in Lake Apartments
40K60K80K20142017202020232026Typical rent by year: 2014 AED 75,000; 2015 AED 83,500; 2016 AED 80,000; 2017 AED 71,500; 2018 AED 63,125; 2019 AED 59,839; 2020 AED 55,000; 2021 AED 42,500; 2022 AED 48,000; 2023 AED 52,500; 2024 AED 61,563; 2025 AED 75,000New contract, January 2019: AED 59,839 a yearRenewal, January 2020: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lake Apartments, and where 5306 sits

All 16 1-beds →

5306 last sold in August 2015 at AED 765 per sqft, in line with what one-beds in Lake Apartments were fetching at the time (AED 769).

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2025840,000
20 Aug 2025980,000
1 Jul 2025760,000
2 May 2025830,000
0 1-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 3rd floor

All 52 units in Lake Apartments
Value
53012-bedAED 1.3M · Jan 2025
53022-bedAED 1.51M · May 2025
53032-bedAED 1.25M · Dec 2023
53042-bedAED 1.3M · Nov 2024
53051-bedAED 900K · Mar 2014
53071-bedAED 750K · Jun 2013
53081-bedAED 980K · Aug 2025
1–7 of 15

5306, Lake Apartments in numbers

  • Sold twice: first on 5 May 2015 for AED 750,000, last on 16 August 2015 for AED 750,000 (AED 765 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 59,839 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 23,000 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 11 January 2020.

Questions about 5306, Lake Apartments

What did unit 5306 last sell for?

AED 750,000 on 16 August 2015: AED 765 per sqft for 979 sqft. The unit has 2 registered sales; the first was AED 750,000 in May 2015.

What is the rent for unit 5306?

AED 60,000 a year on the contract renewed on 11 January 2020. The previous contract, from January 2019, was AED 59,839.

How big is unit 5306?

979 sqft (91.0 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 5306 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 5306, Lake Apartments

Starts from the last sale price (AED 750K, 16 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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