1309, Lakeside Residence Tower
Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1309, Lakeside Residence Tower
What is 1309 worth today?
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Source: Dubai Land Department. Updated 3 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 13th of 34
- Parking
- P.L.1/1114
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 11,600 /yr
- Last sold
- AED 850K · November 2022
- Building
- Lakeside Residence Tower
About 1309, Lakeside Residence Tower
1309 is a one-bedroom apartment of 850 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 3 November 2022 for AED 850,000, or AED 999 per sqft, 9% above the AED 917 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 21 October 2022, is AED 80,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1309 over time
1309 has sold 4 times; 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 1309 sits
All 226 1-beds →1309 last sold in November 2022 at AED 999 per sqft, 9% above what one-beds in Lakeside Residence Tower were fetching at the time (AED 917). 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. 1309's AED 80,000 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 13th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,153 sqft | AED 1.36MAED 1,360,000 · Mar 2018March 2018 | 110,000 /yr | |
| 1302 | 1-bed | 708 sqft | AED 345KAED 344,859 · Jun 2013June 2013 | 80,000 /yr | |
| 1303 | 1-bed | 850 sqft | AED 858KAED 858,061 · Apr 2013April 2013 | 80,000 /yr | |
| 1304 | 1-bed | 708 sqft | AED 620KAED 620,000 · Jan 2020January 2020 | 100,000 /yr | |
| 1305 | 2-bed | 1,304 sqft | AED 1.2MAED 1,200,000 · Nov 2018November 2018 | 83,478 /yr | |
| 1306 | 1-bed | 826 sqft | AED 802KAED 801,621 · May 2013May 2013 | 85,000 /yr | |
| 1307 | 2-bed | 1,156 sqft | AED 1.64MAED 1,635,000 · Jun 2024June 2024 | 85,000 /yr | |
| 1308 | 1-bed | 709 sqft | AED 656KAED 655,550 · Mar 2013March 2013 | 82,000 /yr | |
| 1310 | 1-bed | 708 sqft | AED 656KAED 655,850 · Jun 2013June 2013 | 72,000 /yr | |
| 1311 | 2-bed | 1,290 sqft | AED 1.85MAED 1,850,000 · Nov 2025November 2025 | 102,453 /yr | |
| 1312 | 1-bed | 826 sqft | AED 831KAED 831,475 · Mar 2014March 2014 | 59,000 /yr |
1309, Lakeside Residence Tower in numbers
- Sold 4 times: first on 4 March 2013 for AED 812,338, last on 3 November 2022 for AED 850,000 (AED 999 per sqft).
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 80,000 by October 2022.
- At AED 80,000 a year the gross yield on the 2022 price is 9.4%, 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 3 November 2022.
Questions about 1309, Lakeside Residence Tower
What did unit 1309 last sell for?
AED 850,000 on 3 November 2022: AED 999 per sqft for 850 sqft. The unit has 4 registered sales; the first was AED 812,338 in March 2013.
What is the rent for unit 1309?
AED 80,000 a year on the contract signed on 21 October 2022. The previous contract, from July 2022, was AED 75,000; the unit has been rented since August 2017.
How big is unit 1309?
850 sqft (79.0 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2012.
What is unit 1309 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 1309, Lakeside Residence Tower
Starts from the last sale price (AED 850K, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →