1-bed · 826 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2012

1006, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in August 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 2 January 2022
Last soldAED 796K25 August 2013
Current rentAED 55K /yr2 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Lakeside Residence Tower

What is 1006 worth today?

Last sold for AED 796,263 in 2013

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2 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
1 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
17 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
25 Aug 2013Sold by developerReady
AED 796,263AED 963 per sqft

Source: Dubai Land Department. Updated 2 January 2022.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
10th of 34
Parking
P.L.0/0117
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,300 /yr
Last sold
AED 796K · August 2013

About 1006, Lakeside Residence Tower

1006 is a one-bedroom apartment of 826 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 25 August 2013 for AED 796,263, or AED 963 per sqft, 4% below the AED 1,003 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 2 January 2022, is AED 55,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in Lakeside Residence Tower
750K1M1.25M2012201620202024Typical sale price by year: 2012 AED 663,466; 2013 AED 812,769; 2014 AED 1,050,000; 2015 AED 1,027,500; 2016 AED 1,005,000; 2017 AED 1,090,000; 2018 AED 854,000; 2020 AED 620,000; 2021 AED 633,583; 2022 AED 780,000; 2023 AED 922,500; 2024 AED 1,110,000; 2025 AED 1,163,000; 2026 AED 1,150,000Sold by developer, August 2013: AED 796,263 (AED 963 per sqft)

1006 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Lakeside Residence Tower
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 78,540; 2015 AED 85,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 61,923; 2020 AED 50,000; 2021 AED 47,500; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 79,375; 2026 AED 75,000New contract, April 2019: AED 65,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, January 2022: AED 55,000 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 Lakeside Residence Tower, and where 1006 sits

All 226 1-beds →

1006 last sold in August 2013 at AED 963 per sqft, 4% below what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,003). Over the last 12 months one-beds sold for AED 1,000,000 to 1,350,000, around AED 1,570 per sqft, and rent for AED 47,500 to 120,000 a year. 1006's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,260,000
9 Sep 20261,020,000
5 Aug 202618,112
30 Jul 20261,000,000
11 1-bed sales in the last 12 months

Lakeside Residence Tower

Building

358 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%
Lakeside Residence Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 358 units in Lakeside Residence Tower
Value
10012-bedAED 1.11M · Apr 2013
10021-bedAED 723K · Feb 2013
10031-bedAED 850K · Feb 2013
10041-bedAED 830K · Nov 2022
10052-bedAED 1.24M · Jan 2023
10072-bedAED 1.11M · Feb 2013
10081-bedAED 651K · May 2013
1–7 of 11

1006, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 25 August 2013 for AED 796,263, or AED 963 per sqft.
  • Rented since April 2019 on 3 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 11,300 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Residence Tower sold for AED 1,000,000–1,350,000 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 2 January 2022.

Questions about 1006, Lakeside Residence Tower

What did unit 1006 last sell for?

AED 796,263 on 25 August 2013, sold by the developer: AED 963 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 55,000 a year on the contract signed on 2 January 2022. The previous contract, from July 2020, was AED 50,000; the unit has been rented since April 2019.

How big is unit 1006?

826 sqft (76.7 sqm): a one-bedroom apartment on the 10th floor of a 34-storey tower completed in 2012.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakeside Residence Tower sold for AED 1,000,000 to 1,350,000 in the last 12 months, around AED 1,570 per sqft.

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Mortgage on 1006, Lakeside Residence Tower

Starts from the last sale price (AED 796K, 25 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 796,263
Deposit, UAE resident (20%)
AED 159,253
Deposit, non-resident (40%)
AED 318,505
Monthly over 25 years at 3.7%
AED 3,258

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