1609, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Lakeside Residence Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 16 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,212 sqft
- Floor
- 16th of 34
- Parking
- P.L.1/1138
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 16,600 /yr
- Last sold
- AED 490K · April 2021
- Building
- Lakeside Residence Tower
About 1609, Lakeside Residence Tower
1609 is a two-bedroom apartment of 1,212 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. It last sold on 1 April 2021 for AED 490,000, or AED 404 per sqft, 47% below the AED 762 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 16 July 2026, is AED 120,000 a year: a gross yield of 24.5% on the 2021 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1609 over time
1609 has sold twice; 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 1609 sits
All 132 2-beds →1609 last sold in April 2021 at AED 404 per sqft, 47% below what two-beds in Lakeside Residence Tower were fetching at the time (AED 762). 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. 1609's AED 120,000 is in the upper 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 | |
| 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 | |
| 1608 | 1-bed | 764 sqft | AED 778KAED 777,510 · Jul 2013July 2013 | 90,000 /yr | |
| 1610 | 1-bed | 834 sqft | AED 1.24MAED 1,235,000 · Feb 2017February 2017 | 120,000 /yr |
1609, Lakeside Residence Tower in numbers
- Sold twice: first on 15 July 2013 for AED 1,298,239, last on 1 April 2021 for AED 490,000 (AED 404 per sqft).
- Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 64,000 in 2021 and recovered to AED 120,000 by July 2026.
- At AED 120,000 a year the gross yield on the 2021 price is 24.5%, before a service charge of about AED 16,600 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 16 July 2026.
Questions about 1609, Lakeside Residence Tower
What did unit 1609 last sell for?
AED 490,000 on 1 April 2021: AED 404 per sqft for 1,212 sqft. The unit has 2 registered sales; the first was AED 1,298,239 in July 2013.
What is the rent for unit 1609?
AED 120,000 a year on the contract renewed on 16 July 2026. The previous contract, from July 2025, was AED 120,000; the unit has been rented since March 2014.
How big is unit 1609?
1,212 sqft (112.6 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2012.
What is unit 1609 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 1609, Lakeside Residence Tower
Starts from the last sale price (AED 490K, 1 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →