1606, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in January 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 1606, Lakeside Residence Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,072 sqft
- Floor
- 16th of 34
- Parking
- P.L.1/1135
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.06M · January 2013
- Building
- Lakeside Residence Tower
About 1606, Lakeside Residence Tower
1606 is a two-bedroom apartment of 1,072 sqft on the 16th 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 27 January 2013 for AED 1,061,550, or AED 990 per sqft, in line with the AED 991 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 1 October 2026, is AED 105,000 a year: a gross yield of 9.9% on the 2013 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1606 over time
1606 has sold once; 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 1606 sits
All 132 2-beds →1606 last sold in January 2013 at AED 990 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 991). 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. 1606's AED 105,000 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 16th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,072 sqft | AED 1.14MAED 1,142,848 · May 2013May 2013 | 60,000 /yr | |
| 1602 | 1-bed | 764 sqft | AED 802KAED 802,205 · Jun 2013June 2013 | 80,000 /yr | |
| 1603 | 1-bed | 801 sqft | AED 843KAED 842,813 · Jun 2013June 2013 | 47,000 /yr | |
| 1604 | 2-bed | 1,219 sqft | AED 1.24MAED 1,235,000 · Mar 2023March 2023 | 78,000 /yr | |
| 1605 | 1-bed | 842 sqft | AED 1.05MAED 1,050,000 · Jan 2016January 2016 | 105,000 /yr | |
| 1607 | 1-bed | 801 sqft | AED 817KAED 816,802 · Feb 2013February 2013 | 52,000 /yr | |
| 1608 | 1-bed | 764 sqft | AED 778KAED 777,510 · Jul 2013July 2013 | 90,000 /yr | |
| 1609 | 2-bed | 1,212 sqft | AED 490KAED 490,000 · Apr 2021April 2021 | 120,000 /yr | |
| 1610 | 1-bed | 834 sqft | AED 1.24MAED 1,235,000 · Feb 2017February 2017 | 120,000 /yr |
1606, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 27 January 2013 for AED 1,061,550, or AED 990 per sqft.
- Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 117,000 to AED 65,000 in 2020 and recovered to AED 105,000 by October 2026.
- At AED 105,000 a year the gross yield on the 2013 price is 9.9%, before a service charge of about AED 14,700 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 1 October 2026.
Questions about 1606, Lakeside Residence Tower
What did unit 1606 last sell for?
AED 1,061,550 on 27 January 2013, sold by the developer: AED 990 per sqft for 1,072 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 105,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 110,000; the unit has been rented since May 2017.
How big is unit 1606?
1,072 sqft (99.6 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2012.
What is unit 1606 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 1606, Lakeside Residence Tower
Starts from the last sale price (AED 1.06M, 27 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,061,550
- Deposit, UAE resident (20%)
- AED 212,310
- Deposit, non-resident (40%)
- AED 424,620
- Monthly over 25 years at 3.7%
- AED 4,343
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →