1608, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in July 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Lakeside Residence Tower
What is 1608 worth today?
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Source: Dubai Land Department. Updated 18 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 16th of 34
- Parking
- P.L.1/1137
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 778K · July 2013
- Building
- Lakeside Residence Tower
About 1608, Lakeside Residence Tower
1608 is a one-bedroom apartment of 764 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 29 July 2013 for AED 777,510, or AED 1,017 per sqft, in line with the AED 1,003 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 18 August 2024, is AED 90,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 226 1-beds →1608 last sold in July 2013 at AED 1,017 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. 1608'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 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 | |
| 1607 | 1-bed | 801 sqft | AED 817KAED 816,802 · Feb 2013February 2013 | 52,000 /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 |
1608, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 29 July 2013 for AED 777,510, or AED 1,017 per sqft.
- Rented since June 2013 on 2 Ejari contracts, from AED 70,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 10,500 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 18 August 2024.
Questions about 1608, Lakeside Residence Tower
What did unit 1608 last sell for?
AED 777,510 on 29 July 2013, sold by the developer: AED 1,017 per sqft for 764 sqft. It is the only registered sale of the unit.
What is the rent for unit 1608?
AED 90,000 a year on the contract signed on 18 August 2024. The previous contract, from June 2013, was AED 70,000.
How big is unit 1608?
764 sqft (71.0 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2012.
What is unit 1608 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 1608, Lakeside Residence Tower
Starts from the last sale price (AED 778K, 29 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 777,510
- Deposit, UAE resident (20%)
- AED 155,502
- Deposit, non-resident (40%)
- AED 311,004
- Monthly over 25 years at 3.7%
- AED 3,181
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →