1-bed · 967 sqftLake Apartments, Green Community East · 3rd floor

5309, Lake Apartments

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 16 December 2019
Last soldAED 545K16 December 2019
Current rentAED 62K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Lake Apartments

What is 5309 worth today?

Last sold for AED 545,000 in 2019

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16 Dec 2019SoldReady
AED 545,000AED 563 per sqft
1 Mar 2019RentedRenewal
AED 62,000/yr12 months · AED 64 per sqft
1 Mar 2017RentedNew contract
AED 69,825/yr12 months · AED 72 per sqft
29 Feb 2016RentedRenewal
AED 66,303/yr12 months · AED 68 per sqft
1 Mar 2015RentedRenewal
AED 66,742/yr12 months · AED 69 per sqft
3 Sep 2014Sold by developerReady
AED 750,000AED 775 per sqft
1 Mar 2014RentedNew contract
AED 60,500/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 16 December 2019.

Key facts

Type
1-bed apartment
Size
967 sqft
Floor
3rd of 3
Parking
G-30
Service charge
AED 22,700 /yr
Last sold
AED 545K · December 2019

About 5309, Lake Apartments

5309 is a one-bedroom apartment of 967 sqft on the 3rd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 16 December 2019 for AED 545,000, or AED 563 per sqft, 8% below the AED 614 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 March 2019, is AED 62,000 a year: a gross yield of 11.4% on the 2019 price, before the service charge of about AED 22,700 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, 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, September 2014: AED 750,000 (AED 775 per sqft)Sold, December 2019: AED 545,000 (AED 563 per sqft)

5309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5309, 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, March 2014: AED 60,500 a yearRenewal, March 2015: AED 66,742 a yearRenewal, February 2016: AED 66,303 a yearNew contract, March 2017: AED 69,825 a yearRenewal, March 2019: AED 62,000 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 5309 sits

All 16 1-beds →

5309 last sold in December 2019 at AED 563 per sqft, 8% below what one-beds in Lake Apartments were fetching at the time (AED 614).

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
53061-bedAED 750K · Aug 2015
53071-bedAED 750K · Jun 2013
1–7 of 15

5309, Lake Apartments in numbers

  • Sold twice: first on 3 September 2014 for AED 750,000, last on 16 December 2019 for AED 545,000 (AED 563 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 60,500 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2019 price is 11.4%, before a service charge of about AED 22,700 a year (AED 23.46 per sqft).

Source: Dubai Land Department. Updated 16 December 2019.

Questions about 5309, Lake Apartments

What did unit 5309 last sell for?

AED 545,000 on 16 December 2019: AED 563 per sqft for 967 sqft. The unit has 2 registered sales; the first was AED 750,000 in September 2014.

What is the rent for unit 5309?

AED 62,000 a year on the contract renewed on 1 March 2019. The previous contract, from March 2017, was AED 69,825; the unit has been rented since March 2014.

How big is unit 5309?

967 sqft (89.8 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 5309 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 5309, Lake Apartments

Starts from the last sale price (AED 545K, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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