1409, Lakeside Residence Tower
Sold prices and rental history: sold 4 times, last in September 2024, 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 1409, Lakeside Residence Tower
What is 1409 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 14th of 34
- Parking
- P.L.1/1126
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.09M · September 2024
- Building
- Lakeside Residence Tower
About 1409, Lakeside Residence Tower
1409 is a one-bedroom apartment of 850 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 4 September 2024 for AED 1,085,000, or AED 1,276 per sqft, in line with the AED 1,282 one-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 10 December 2024, is AED 59,941 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1409 over time
1409 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 1409 sits
All 226 1-beds →1409 last sold in September 2024 at AED 1,276 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,282). 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. 1409's AED 59,941 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 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 | |
| 1408 | 1-bed | 709 sqft | AED 708KAED 708,177 · Feb 2013February 2013 | 90,000 /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 |
1409, Lakeside Residence Tower in numbers
- Sold 4 times: first on 3 February 2013 for AED 843,000, last on 4 September 2024 for AED 1,085,000 (AED 1,276 per sqft).
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 79,778 to AED 42,000 in 2020 and recovered to AED 59,941 by December 2024.
- At AED 59,941 a year the gross yield on the 2024 price is 5.5%, 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 10 December 2024.
Questions about 1409, Lakeside Residence Tower
What did unit 1409 last sell for?
AED 1,085,000 on 4 September 2024: AED 1,276 per sqft for 850 sqft. The unit has 4 registered sales; the first was AED 843,000 in February 2013.
What is the rent for unit 1409?
AED 59,941 a year on the contract signed on 10 December 2024. The previous contract, from December 2024, was AED 59,941; the unit has been rented since September 2013.
How big is unit 1409?
850 sqft (79.0 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2012.
What is unit 1409 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 1409, Lakeside Residence Tower
Starts from the last sale price (AED 1.09M, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,085,000
- Deposit, UAE resident (20%)
- AED 217,000
- Deposit, non-resident (40%)
- AED 434,000
- Monthly over 25 years at 3.7%
- AED 4,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →