5308, Lake Apartments
Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5308, Lake Apartments
What is 5308 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 3rd of 3
- Parking
- G-45
- Service charge
- AED 22,700 /yr
- Last sold
- AED 980K · August 2025
- Building
- Lake Apartments
About 5308, Lake Apartments
5308 is a one-bedroom apartment of 968 sqft on the 3rd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 20 August 2025 for AED 980,000, or AED 1,012 per sqft, 22% above the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 17 January 2025, is AED 75,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 22,700 a year.
Sales and rents for 5308 over time
5308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5308 sits
All 16 1-beds →5308 last sold in August 2025 at AED 1,012 per sqft, 22% above what one-beds in Lake Apartments were fetching at the time (AED 832).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20253 November 2025 | 968 sqft | 840,000 | 867 | ||
| 1 Jul 20251 July 2025 | 978 sqft | 760,000 | 776 | ||
| 2 May 20252 May 2025 | 937 sqft | 830,000 | 886 | ||
| 24 Apr 202524 April 2025 | 881 sqft | 730,000 | 828 |
Lake Apartments
Building52 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%
Other units on the 3rd floor
All 52 units in Lake Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 2-bed | 1,598 sqft | AED 1.3MAED 1,300,000 · Jan 2025January 2025 | 120,000 /yr | |
| 5302 | 2-bed | 1,638 sqft | AED 1.51MAED 1,507,800 · May 2025May 2025 | 80,000 /yr | |
| 5303 | 2-bed | 1,708 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | ||
| 5304 | 2-bed | 1,690 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | ||
| 5305 | 1-bed | 937 sqft | AED 900KAED 900,000 · Mar 2014March 2014 | 70,000 /yr | |
| 5306 | 1-bed | 979 sqft | AED 750KAED 750,000 · Aug 2015August 2015 | 60,000 /yr | |
| 5307 | 1-bed | 967 sqft | AED 750KAED 750,000 · Jun 2013June 2013 | 72,000 /yr | |
| 5309 | 1-bed | 967 sqft | AED 545KAED 545,000 · Dec 2019December 2019 | 62,000 /yr | |
| 5310 | 1-bed | 968 sqft | AED 840KAED 840,000 · Nov 2025November 2025 | 65,250 /yr | |
| 5311 | 1-bed | 979 sqft | AED 930KAED 930,000 · May 2017May 2017 | 47,000 /yr | |
| 5312 | 1-bed | 937 sqft | AED 830KAED 830,000 · May 2025May 2025 | 40,000 /yr | |
| 5313 | 2-bed | 1,690 sqft | AED 930KAED 930,000 · Nov 2018November 2018 | ||
| 5314 | 2-bed | 1,708 sqft | AED 1.11MAED 1,106,750 · Jun 2013June 2013 | 132,000 /yr | |
| 5315 | 2-bed | 1,598 sqft | AED 1.51MAED 1,510,000 · Jul 2025July 2025 | ||
| 5316 | 2-bed | 1,638 sqft | AED 1.59MAED 1,590,000 · Jun 2016June 2016 | 108,000 /yr |
5308, Lake Apartments in numbers
- Sold 3 times: first on 25 June 2013 for AED 735,000, last on 20 August 2025 for AED 980,000 (AED 1,012 per sqft).
- Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 75,000 by January 2025.
- At AED 75,000 a year the gross yield on the 2025 price is 7.6%, before a service charge of about AED 22,700 a year (AED 23.46 per sqft).
Source: Dubai Land Department. Updated 20 August 2025.
Questions about 5308, Lake Apartments
What did unit 5308 last sell for?
AED 980,000 on 20 August 2025: AED 1,012 per sqft for 968 sqft. The unit has 3 registered sales; the first was AED 735,000 in June 2013.
What is the rent for unit 5308?
AED 75,000 a year on the contract renewed on 17 January 2025. The previous contract, from January 2024, was AED 75,000; the unit has been rented since March 2017.
How big is unit 5308?
968 sqft (89.9 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.
What is unit 5308 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 5308, Lake Apartments
Starts from the last sale price (AED 980K, 20 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →