1407, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in December 2020, 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 1407, Lakeside Residence Tower
What is 1407 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,156 sqft
- Floor
- 14th of 34
- Parking
- P.L.1/1124
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 15,800 /yr
- Last sold
- AED 850K · December 2020
- Building
- Lakeside Residence Tower
About 1407, Lakeside Residence Tower
1407 is a two-bedroom apartment of 1,156 sqft on the 14th 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 9 December 2020 for AED 850,000, or AED 735 per sqft, in line with the AED 755 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 25 September 2026, is AED 110,000 a year: a gross yield of 12.9% on the 2020 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1407 over time
1407 has sold twice; 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 1407 sits
All 132 2-beds →1407 last sold in December 2020 at AED 735 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 755). 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. 1407's AED 110,000 is in the lower half 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 14th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,153 sqft | AED 1.58MAED 1,580,000 · Nov 2016November 2016 | 122,000 /yr | |
| 1402 | 1-bed | 708 sqft | AED 1.27MAED 1,270,000 · Jun 2026June 2026 | 90,000 /yr | |
| 1403 | 1-bed | 850 sqft | AED 887KAED 886,735 · Feb 2013February 2013 | 60,650 /yr | |
| 1404 | 1-bed | 708 sqft | AED 1MAED 1,000,000 · Oct 2016October 2016 | 72,000 /yr | |
| 1405 | 2-bed | 1,304 sqft | AED 1.3MAED 1,298,000 · Nov 2013November 2013 | 105,000 /yr | |
| 1406 | 1-bed | 826 sqft | AED 819KAED 819,475 · Feb 2013February 2013 | 72,000 /yr | |
| 1408 | 1-bed | 709 sqft | AED 708KAED 708,177 · Feb 2013February 2013 | 90,000 /yr | |
| 1409 | 1-bed | 850 sqft | AED 1.09MAED 1,085,000 · Sep 2024September 2024 | 59,941 /yr | |
| 1410 | 1-bed | 708 sqft | AED 950KAED 950,000 · Aug 2023August 2023 | 75,000 /yr | |
| 1411 | 2-bed | 1,290 sqft | AED 1.6MAED 1,600,000 · Oct 2015October 2015 | 2,000 /yr | |
| 1412 | 1-bed | 826 sqft | AED 1.2MAED 1,200,000 · Nov 2014November 2014 | 85,000 /yr |
1407, Lakeside Residence Tower in numbers
- Sold twice: first on 28 April 2013 for AED 561,708, last on 9 December 2020 for AED 850,000 (AED 735 per sqft).
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 110,000 by September 2026.
- At AED 110,000 a year the gross yield on the 2020 price is 12.9%, 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 25 September 2026.
Questions about 1407, Lakeside Residence Tower
What did unit 1407 last sell for?
AED 850,000 on 9 December 2020: AED 735 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 561,708 in April 2013.
What is the rent for unit 1407?
AED 110,000 a year on the contract signed on 25 September 2026. The previous contract, from January 2026, was AED 110,000; the unit has been rented since May 2013.
How big is unit 1407?
1,156 sqft (107.4 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2012.
What is unit 1407 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 1407, Lakeside Residence Tower
Starts from the last sale price (AED 850K, 9 December 2020). 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 →