1201, Lakeside Residence Tower
Sold prices and rental history: sold 3 times, last in April 2024, 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 1201, Lakeside Residence Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,153 sqft
- Floor
- 12th of 34
- Parking
- P.L.0/0136
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 15,800 /yr
- Last sold
- AED 1.74M · April 2024
- Building
- Lakeside Residence Tower
About 1201, Lakeside Residence Tower
1201 is a two-bedroom apartment of 1,153 sqft on the 12th floor of Lakeside Residence Tower, a 34-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Al Manal Development. It last sold on 4 April 2024 for AED 1,735,000, or AED 1,505 per sqft, 25% above the AED 1,204 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 March 2026, is AED 170,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 132 2-beds →1201 last sold in April 2024 at AED 1,505 per sqft, 25% above what two-beds in Lakeside Residence Tower were fetching at the time (AED 1,204). 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. 1201's AED 170,000 is at the top 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 12th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 708 sqft | AED 688KAED 688,254 · May 2013May 2013 | 64,000 /yr | |
| 1203 | 1-bed | 850 sqft | AED 855KAED 855,382 · Feb 2013February 2013 | 72,000 /yr | |
| 1204 | 1-bed | 708 sqft | AED 688KAED 688,253 · Apr 2013April 2013 | 73,000 /yr | |
| 1205 | 2-bed | 1,304 sqft | AED 1.29MAED 1,289,158 · May 2013May 2013 | 101,065 /yr | |
| 1206 | 1-bed | 826 sqft | AED 800KAED 799,835 · Jan 2013January 2013 | 120,000 /yr | |
| 1207 | 2-bed | 1,156 sqft | AED 1.08MAED 1,076,500 · Feb 2013February 2013 | 101,871 /yr | |
| 1208 | 1-bed | 709 sqft | AED 1.15MAED 1,150,000 · Mar 2026March 2026 | 70,000 /yr | |
| 1209 | 1-bed | 850 sqft | AED 590KAED 590,000 · Jun 2020June 2020 | 85,000 /yr | |
| 1210 | 1-bed | 708 sqft | AED 1.05MAED 1,050,000 · Oct 2014October 2014 | 62,000 /yr | |
| 1211 | 2-bed | 1,290 sqft | AED 1.23MAED 1,228,253 · Apr 2013April 2013 | ||
| 1212 | 1-bed | 826 sqft | AED 1.24MAED 1,240,000 · Dec 2013December 2013 | 90,000 /yr |
1201, Lakeside Residence Tower in numbers
- Sold 3 times: first on 15 April 2013 for AED 558,503, last on 4 April 2024 for AED 1,735,000 (AED 1,505 per sqft).
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 170,000 by March 2026.
- At AED 170,000 a year the gross yield on the 2024 price is 9.8%, 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 1 March 2026.
Questions about 1201, Lakeside Residence Tower
What did unit 1201 last sell for?
AED 1,735,000 on 4 April 2024: AED 1,505 per sqft for 1,153 sqft. The unit has 3 registered sales; the first was AED 558,503 in April 2013.
What is the rent for unit 1201?
AED 170,000 a year on the contract signed on 1 March 2026. The previous contract, from March 2023, was AED 80,000; the unit has been rented since June 2013.
How big is unit 1201?
1,153 sqft (107.1 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2012.
What is unit 1201 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 1201, Lakeside Residence Tower
Starts from the last sale price (AED 1.74M, 4 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,735,000
- Deposit, UAE resident (20%)
- AED 347,000
- Deposit, non-resident (40%)
- AED 694,000
- Monthly over 25 years at 3.7%
- AED 7,098
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →