1607, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in February 2013, 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 1607, Lakeside Residence Tower
What is 1607 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 16th of 34
- Parking
- P.L.1/1136
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 11,000 /yr
- Last sold
- AED 817K · February 2013
- Building
- Lakeside Residence Tower
About 1607, Lakeside Residence Tower
1607 is a one-bedroom apartment of 801 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 17 February 2013 for AED 816,802, or AED 1,020 per sqft, in line with the AED 1,003 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 21 January 2022, is AED 52,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 11,000 a year.
Sales and rents for 1607 over time
1607 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 1607 sits
All 226 1-beds →1607 last sold in February 2013 at AED 1,020 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,003). 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. 1607's AED 52,000 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 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 | |
| 1606 | 2-bed | 1,072 sqft | AED 1.06MAED 1,061,550 · Jan 2013January 2013 | 105,000 /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 |
1607, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 17 February 2013 for AED 816,802, or AED 1,020 per sqft.
- Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 52,000 by January 2022.
- At AED 52,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 11,000 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 21 January 2022.
Questions about 1607, Lakeside Residence Tower
What did unit 1607 last sell for?
AED 816,802 on 17 February 2013, sold by the developer: AED 1,020 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit 1607?
AED 52,000 a year on the contract signed on 21 January 2022. The previous contract, from January 2021, was AED 40,000; the unit has been rented since April 2013.
How big is unit 1607?
801 sqft (74.4 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2012.
What is unit 1607 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.
Selling 1607? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1607, Lakeside Residence Tower
Starts from the last sale price (AED 817K, 17 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 816,802
- Deposit, UAE resident (20%)
- AED 163,360
- Deposit, non-resident (40%)
- AED 326,721
- Monthly over 25 years at 3.7%
- AED 3,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →