1408, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in February 2013, 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 1408, Lakeside Residence Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 709 sqft
- Floor
- 14th of 34
- Parking
- P.L.1/1125
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 708K · February 2013
- Building
- Lakeside Residence Tower
About 1408, Lakeside Residence Tower
1408 is a one-bedroom apartment of 709 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. The developer sold it on 3 February 2013 for AED 708,177, or AED 998 per sqft, in line with the AED 999 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 1 March 2026, is AED 90,000 a year: a gross yield of 12.7% on the 2013 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1408 over time
1408 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 1408 sits
All 226 1-beds →1408 last sold in February 2013 at AED 998 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. 1408's AED 90,000 is in the upper 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 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 | |
| 1407 | 2-bed | 1,156 sqft | AED 850KAED 850,000 · Dec 2020December 2020 | 110,000 /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 |
1408, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 3 February 2013 for AED 708,177, or AED 998 per sqft.
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 49,000 in 2020 and recovered to AED 90,000 by March 2026.
- At AED 90,000 a year the gross yield on the 2013 price is 12.7%, 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 1 March 2026.
Questions about 1408, Lakeside Residence Tower
What did unit 1408 last sell for?
AED 708,177 on 3 February 2013, sold by the developer: AED 998 per sqft for 709 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 90,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since August 2017.
How big is unit 1408?
709 sqft (65.9 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2012.
What is unit 1408 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 1408, Lakeside Residence Tower
Starts from the last sale price (AED 708K, 3 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 708,177
- Deposit, UAE resident (20%)
- AED 141,635
- Deposit, non-resident (40%)
- AED 283,271
- Monthly over 25 years at 3.7%
- AED 2,897
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →