1011, 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 1011, Lakeside Residence Tower
What is 1011 worth today?
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Source: Dubai Land Department. Updated 10 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,290 sqft
- Floor
- 10th of 34
- Parking
- P.L.0/0122
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 17,700 /yr
- Last sold
- AED 1.22M · April 2013
- Building
- Lakeside Residence Tower
About 1011, Lakeside Residence Tower
1011 is a two-bedroom apartment of 1,290 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 1,222,830, or AED 948 per sqft, 4% below the AED 983 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 April 2025, is AED 125,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 17,700 a year.
Sales and rents for 1011 over time
1011 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 1011 sits
All 132 2-beds →1011 last sold in April 2013 at AED 948 per sqft, 4% below 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. 1011's AED 125,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,153 sqft | AED 1.11MAED 1,112,099 · Apr 2013April 2013 | 70,000 /yr | |
| 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 | |
| 1012 | 1-bed | 826 sqft | AED 1.1MAED 1,100,000 · Feb 2018February 2018 | 85,000 /yr |
1011, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 28 April 2013 for AED 1,222,830, or AED 948 per sqft.
- Rented since October 2013 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2018 and recovered to AED 125,000 by April 2025.
- At AED 125,000 a year the gross yield on the 2013 price is 10.2%, before a service charge of about AED 17,700 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 10 April 2025.
Questions about 1011, Lakeside Residence Tower
What did unit 1011 last sell for?
AED 1,222,830 on 28 April 2013, sold by the developer: AED 948 per sqft for 1,290 sqft. It is the only registered sale of the unit.
What is the rent for unit 1011?
AED 125,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2025, was AED 125,000; the unit has been rented since October 2013.
How big is unit 1011?
1,290 sqft (119.8 sqm): a two-bedroom apartment on the 10th floor of a 34-storey tower completed in 2012.
What is unit 1011 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 1011, Lakeside Residence Tower
Starts from the last sale price (AED 1.22M, 28 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,222,830
- Deposit, UAE resident (20%)
- AED 244,566
- Deposit, non-resident (40%)
- AED 489,132
- Monthly over 25 years at 3.7%
- AED 5,003
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →