1-bed · 708 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2012

1304, Lakeside Residence Tower

Sold prices and rental history: sold 3 times, last in January 2020, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 26 January 2020
Last soldAED 620K26 January 2020
Current rentAED 100K /yr16 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Lakeside Residence Tower

What is 1304 worth today?

Last sold for AED 620,000 in 2020

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26 Jan 2020SoldReady
AED 620,000AED 875 per sqft
16 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 141 per sqft
9 Dec 2019SoldReady
AED 525,000AED 741 per sqft
17 Feb 2013Sold by developerReady
AED 724,852AED 1,023 per sqft

Source: Dubai Land Department. Updated 26 January 2020.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
13th of 34
Parking
P.L.1/1109
Developer
Al Manal Development
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 620K · January 2020

About 1304, Lakeside Residence Tower

1304 is a one-bedroom apartment of 708 sqft on the 13th 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 26 January 2020 for AED 620,000, or AED 875 per sqft, in line with the AED 875 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2019. The current contract, signed on 16 December 2019, is AED 100,000 a year: a gross yield of 16.1% on the 2020 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical one-bed in Lakeside Residence Tower
500K1M2012201620202024Typical 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, February 2013: AED 724,852 (AED 1,023 per sqft)Sold, December 2019: AED 525,000 (AED 741 per sqft)Sold, January 2020: AED 620,000 (AED 875 per sqft)

1304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, each contractTypical one-bed in Lakeside Residence Tower
50K75K100K2013201720212025Typical 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, December 2019: AED 100,000 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 1304 sits

All 226 1-beds →

1304 last sold in January 2020 at AED 875 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 875). 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. 1304's AED 100,000 is in the upper 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 13th floor

All 358 units in Lakeside Residence Tower
Value
13012-bedAED 1.36M · Mar 2018
13021-bedAED 345K · Jun 2013
13031-bedAED 858K · Apr 2013
13052-bedAED 1.2M · Nov 2018
13061-bedAED 802K · May 2013
13072-bedAED 1.64M · Jun 2024
13081-bedAED 656K · Mar 2013
1–7 of 11

1304, Lakeside Residence Tower in numbers

  • Sold 3 times: first on 17 February 2013 for AED 724,852, last on 26 January 2020 for AED 620,000 (AED 875 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 16.1%, before a service charge of about AED 9,700 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 26 January 2020.

Questions about 1304, Lakeside Residence Tower

What did unit 1304 last sell for?

AED 620,000 on 26 January 2020: AED 875 per sqft for 708 sqft. The unit has 3 registered sales; the first was AED 724,852 in February 2013.

What is the rent for unit 1304?

AED 100,000 a year on the contract signed on 16 December 2019.

How big is unit 1304?

708 sqft (65.8 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2012.

What is unit 1304 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 1304, Lakeside Residence Tower

Starts from the last sale price (AED 620K, 26 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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