1203, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Lakeside Residence Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 12th of 34
- Parking
- P.L.1/1096
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 11,600 /yr
- Last sold
- AED 855K · February 2013
- Building
- Lakeside Residence Tower
About 1203, Lakeside Residence Tower
1203 is a one-bedroom apartment of 850 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. The developer sold it on 3 February 2013 for AED 855,382, or AED 1,006 per sqft, in line with the AED 999 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 April 2023, is AED 72,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the one-bed median of each year in the building.
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 1203 sits
All 226 1-beds →1203 last sold in February 2013 at AED 1,006 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 999). 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. 1203's AED 72,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 834 sqft | 1,260,000 | 1,510 | ||
| 9 Sep 20269 September 2026 | 834 sqft | 1,020,000 | 1,223 | ||
| 5 Aug 20265 August 2026 | 709 sqft | 18,112 | 25 | ||
| 30 Jul 202630 July 2026 | 850 sqft | 1,000,000 | 1,175 |
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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,153 sqft | AED 1.74MAED 1,735,000 · Apr 2024April 2024 | 170,000 /yr | |
| 1202 | 1-bed | 708 sqft | AED 688KAED 688,254 · May 2013May 2013 | 64,000 /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 |
1203, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 3 February 2013 for AED 855,382, or AED 1,006 per sqft.
- Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 79,380 to AED 52,000 in 2021 and recovered to AED 72,000 by April 2023.
- At AED 72,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 11,600 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 1 April 2023.
Questions about 1203, Lakeside Residence Tower
What did unit 1203 last sell for?
AED 855,382 on 3 February 2013, sold by the developer: AED 1,006 per sqft for 850 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 72,000 a year on the contract signed on 1 April 2023. The previous contract, from November 2021, was AED 52,000; the unit has been rented since July 2015.
How big is unit 1203?
850 sqft (79.0 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2012.
What is unit 1203 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 1203, Lakeside Residence Tower
Starts from the last sale price (AED 855K, 3 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 855,382
- Deposit, UAE resident (20%)
- AED 171,076
- Deposit, non-resident (40%)
- AED 342,153
- Monthly over 25 years at 3.7%
- AED 3,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →