1001, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Lakeside Residence Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 25 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,153 sqft
- Floor
- 10th of 34
- Parking
- P.L.0/0112
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 15,800 /yr
- Last sold
- AED 1.11M · April 2013
- Building
- Lakeside Residence Tower
About 1001, Lakeside Residence Tower
1001 is a two-bedroom apartment of 1,153 sqft on the 10th floor of Lakeside Residence Tower, a 34-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Al Manal Development. The developer sold it on 28 April 2013 for AED 1,112,099, or AED 964 per sqft, in line with the AED 983 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 December 2021, is AED 70,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1001 over time
1001 has sold once; 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 Lakeside Residence Tower, and where 1001 sits
All 132 2-beds →1001 last sold in April 2013 at AED 964 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 983). Over the last 12 months two-beds sold for AED 1,750,000 to 1,950,000, around AED 1,525 per sqft, and rent for AED 60,000 to 170,000 a year. 1001's AED 70,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,291 sqft | 1,950,000 | 1,509 | ||
| 4 Sep 20264 September 2026 | 1,295 sqft | 1,850,000 | 1,429 | ||
| 4 Sep 20264 September 2026 | 1,167 sqft | 1,780,000 | 1,525 | ||
| 25 Aug 202625 August 2026 | 1,153 sqft | 1,800,000 | 1,561 |
Lakeside Residence Tower
Building358 apartments, 1-bed to 2-bed over 34 floors in Jumeirah Lake Towers (JLT), completed in 2012 by Al Manal Development. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,543 Up 6.1%
- Typical sale
- AED 1.33M
- Typical rent
- AED 84K /yr
- Typical yield
- 6.3%
Other units on the 10th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 708 sqft | AED 723KAED 723,445 · Feb 2013February 2013 | 78,000 /yr | |
| 1003 | 1-bed | 850 sqft | AED 850KAED 850,024 · Feb 2013February 2013 | ||
| 1004 | 1-bed | 708 sqft | AED 830KAED 830,000 · Nov 2022November 2022 | 81,900 /yr | |
| 1005 | 2-bed | 1,304 sqft | AED 1.24MAED 1,235,000 · Jan 2023January 2023 | 85,000 /yr | |
| 1006 | 1-bed | 826 sqft | AED 796KAED 796,263 · Aug 2013August 2013 | 55,000 /yr | |
| 1007 | 2-bed | 1,156 sqft | AED 1.11MAED 1,110,435 · Feb 2013February 2013 | 110,000 /yr | |
| 1008 | 1-bed | 709 sqft | AED 651KAED 651,203 · May 2013May 2013 | 85,000 /yr | |
| 1009 | 1-bed | 850 sqft | AED 804KAED 804,300 · Feb 2013February 2013 | 70,000 /yr | |
| 1010 | 1-bed | 708 sqft | AED 658KAED 657,781 · Apr 2013April 2013 | 80,899 /yr | |
| 1011 | 2-bed | 1,290 sqft | AED 1.22MAED 1,222,830 · Apr 2013April 2013 | 125,000 /yr | |
| 1012 | 1-bed | 826 sqft | AED 1.1MAED 1,100,000 · Feb 2018February 2018 | 85,000 /yr |
1001, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 28 April 2013 for AED 1,112,099, or AED 964 per sqft.
- Rented since April 2013 on 10 Ejari contracts, from AED 95,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 15,800 a year (AED 13.70 per sqft).
- Two-beds in Lakeside Residence Tower sold for AED 1,750,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,543 per sqft.
Source: Dubai Land Department. Updated 25 December 2021.
Questions about 1001, Lakeside Residence Tower
What did unit 1001 last sell for?
AED 1,112,099 on 28 April 2013, sold by the developer: AED 964 per sqft for 1,153 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 70,000 a year on the contract signed on 25 December 2021. The previous contract, from December 2020, was AED 64,000; the unit has been rented since April 2013.
How big is unit 1001?
1,153 sqft (107.1 sqm): a two-bedroom apartment on the 10th floor of a 34-storey tower completed in 2012.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lakeside Residence Tower sold for AED 1,750,000 to 1,950,000 in the last 12 months, around AED 1,525 per sqft.
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Mortgage on 1001, Lakeside Residence Tower
Starts from the last sale price (AED 1.11M, 28 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,112,099
- Deposit, UAE resident (20%)
- AED 222,420
- Deposit, non-resident (40%)
- AED 444,840
- Monthly over 25 years at 3.7%
- AED 4,550
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →