2-bed · 1,290 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2012

1211, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 28 April 2013
Last soldAED 1.23M28 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Lakeside Residence Tower

What is 1211 worth today?

Last sold for AED 1,228,253 in 2013

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28 Apr 2013Sold by developerReady
AED 1,228,253AED 952 per sqft

Source: Dubai Land Department. Updated 28 April 2013.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
12th of 34
Parking
P.L.1/1104
Developer
Al Manal Development
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.23M · April 2013

About 1211, Lakeside Residence Tower

1211 is a two-bedroom apartment of 1,290 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 28 April 2013 for AED 1,228,253, or AED 952 per sqft, 3% below the AED 983 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1211 over time

Sales
Unit 1211, each saleTypical two-bed in Lakeside Residence Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,067,065; 2013 AED 1,195,080; 2014 AED 1,650,000; 2015 AED 1,525,000; 2016 AED 1,470,000; 2017 AED 1,475,000; 2018 AED 1,270,000; 2020 AED 925,000; 2021 AED 950,000; 2022 AED 1,140,000; 2023 AED 1,267,500; 2024 AED 1,640,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, April 2013: AED 1,228,253 (AED 952 per sqft)

1211 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1211, each contractTypical two-bed in Lakeside Residence Tower
75K100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 68,000; 2022 AED 78,000; 2023 AED 88,935; 2024 AED 101,500; 2025 AED 114,260; 2026 AED 110,000

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 1211 sits

All 132 2-beds →

1211 last sold in April 2013 at AED 952 per sqft, 3% 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.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,950,000
4 Sep 20261,850,000
4 Sep 20261,780,000
25 Aug 20261,800,000
7 2-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 12th floor

All 358 units in Lakeside Residence Tower
Value
12012-bedAED 1.74M · Apr 2024
12021-bedAED 688K · May 2013
12031-bedAED 855K · Feb 2013
12041-bedAED 688K · Apr 2013
12052-bedAED 1.29M · May 2013
12061-bedAED 800K · Jan 2013
12072-bedAED 1.08M · Feb 2013
1–7 of 11

1211, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 28 April 2013 for AED 1,228,253, or AED 952 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 28 April 2013.

Questions about 1211, Lakeside Residence Tower

What did unit 1211 last sell for?

AED 1,228,253 on 28 April 2013, sold by the developer: AED 952 per sqft for 1,290 sqft. It is the only registered sale of the unit.

How big is unit 1211?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2012.

What is unit 1211 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 1211, Lakeside Residence Tower

Starts from the last sale price (AED 1.23M, 28 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,253
Deposit, UAE resident (20%)
AED 245,651
Deposit, non-resident (40%)
AED 491,301
Monthly over 25 years at 3.7%
AED 5,025

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