5316, Lake Apartments
Sold prices and rental history: sold twice, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5316, Lake Apartments
What is 5316 worth today?
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Source: Dubai Land Department. Updated 28 June 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,638 sqft
- Floor
- 3rd of 3
- Parking
- G-43
- Service charge
- AED 38,400 /yr
- Last sold
- AED 1.59M · June 2016
- Building
- Lake Apartments
About 5316, Lake Apartments
5316 is a two-bedroom apartment of 1,638 sqft on the 3rd floor of Lake Apartments, a 3-storey tower in Green Community East. It last sold on 28 June 2016 for AED 1,590,000, or AED 970 per sqft, 19% above the AED 816 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 May 2015, is AED 108,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 38,400 a year.
Sales and rents for 5316 over time
5316 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5316 sits
All 24 2-beds →5316 last sold in June 2016 at AED 970 per sqft, 19% above what two-beds in Lake Apartments were fetching at the time (AED 816). 5316's AED 108,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20255 August 2025 | 1,679 sqft | 1,500,000 | 893 | ||
| 28 Jul 202528 July 2025 | 1,598 sqft | 1,510,000 | 944 | ||
| 23 Jul 202523 July 2025 | 1,697 sqft | 1,400,000 | 825 | ||
| 17 Jul 202517 July 2025 | 1,594 sqft | 1,450,000 | 909 |
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 | |
| 5308 | 1-bed | 968 sqft | AED 980KAED 980,000 · Aug 2025August 2025 | 75,000 /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, Lake Apartments in numbers
- Sold twice: first on 28 May 2013 for AED 1,145,000, last on 28 June 2016 for AED 1,590,000 (AED 970 per sqft).
- Rented since May 2013 on 3 Ejari contracts, from AED 110,000 to AED 108,000 a year.
- At AED 108,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 38,400 a year (AED 23.46 per sqft).
Source: Dubai Land Department. Updated 28 June 2016.
Questions about 5316, Lake Apartments
What did unit 5316 last sell for?
AED 1,590,000 on 28 June 2016: AED 970 per sqft for 1,638 sqft. The unit has 2 registered sales; the first was AED 1,145,000 in May 2013.
What is the rent for unit 5316?
AED 108,000 a year on the contract signed on 1 May 2015. The previous contract, from May 2014, was AED 120,000; the unit has been rented since May 2013.
How big is unit 5316?
1,638 sqft (152.2 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.
What is unit 5316 worth today?
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Mortgage on 5316, Lake Apartments
Starts from the last sale price (AED 1.59M, 28 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,590,000
- Deposit, UAE resident (20%)
- AED 318,000
- Deposit, non-resident (40%)
- AED 636,000
- Monthly over 25 years at 3.7%
- AED 6,505
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →