1-bed · 764 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2012

1708, 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.

Unit 1708 · DLD and Ejari recordsUpdated 25 April 2021
Last soldAED 764K10 February 2013
Current rentAED 48K /yr25 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Lakeside Residence Tower

What is 1708 worth today?

Last sold for AED 764,000 in 2013

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25 Apr 2021RentedRenewal
AED 48,000/yr12 months · AED 63 per sqft
25 Apr 2020RentedRenewal
AED 51,000/yr12 months · AED 67 per sqft
25 Apr 2019RentedRenewal
AED 65,000/yr12 months · AED 85 per sqft
25 Apr 2018RentedRenewal
AED 76,000/yr12 months · AED 99 per sqft
1 Mar 2017RentedNew contract
AED 71,304/yr14 months · AED 93 per sqft
13 Apr 2013RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
10 Feb 2013Sold by developerReady
AED 764,000AED 999 per sqft

Source: Dubai Land Department. Updated 25 April 2021.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
17th of 34
Parking
P.L.1/1147
Developer
Al Manal Development
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 764K · February 2013

About 1708, Lakeside Residence Tower

1708 is a one-bedroom apartment of 764 sqft on the 17th 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 10 February 2013 for AED 764,000, or AED 999 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 6 Ejari contracts. The current contract, renewed on 25 April 2021, is AED 48,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical one-bed in Lakeside Residence Tower
750K1M1.25M2012201620202024Typical sale price by year: 2012 AED 663,466; 2013 AED 812,769; 2014 AED 1,050,000; 2015 AED 1,027,500; 2016 AED 1,005,000; 2017 AED 1,090,000; 2018 AED 854,000; 2020 AED 620,000; 2021 AED 633,583; 2022 AED 780,000; 2023 AED 922,500; 2024 AED 1,110,000; 2025 AED 1,163,000; 2026 AED 1,150,000Sold by developer, February 2013: AED 764,000 (AED 999 per sqft)

1708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in Lakeside Residence Tower
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 78,540; 2015 AED 85,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 61,923; 2020 AED 50,000; 2021 AED 47,500; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 79,375; 2026 AED 75,000New contract, April 2013: AED 70,000 a yearNew contract, March 2017: AED 71,304 a yearRenewal, April 2018: AED 76,000 a yearRenewal, April 2019: AED 65,000 a yearRenewal, April 2020: AED 51,000 a yearRenewal, April 2021: AED 48,000 a year

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 1708 sits

All 226 1-beds →

1708 last sold in February 2013 at AED 999 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. 1708's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,260,000
9 Sep 20261,020,000
5 Aug 202618,112
30 Jul 20261,000,000
11 1-bed sales in the last 12 months

Lakeside Residence Tower

Building

358 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%
Lakeside Residence Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 17th floor

All 358 units in Lakeside Residence Tower
Value
17012-bedAED 1.06M · Apr 2013
17021-bedAED 1.23M · Sep 2014
17031-bedAED 850K · Aug 2025
17042-bedAED 1.56M · May 2015
17051-bedAED 818K · Apr 2013
17062-bedAED 1.03M · Feb 2013
17071-bedAED 1.16M · Nov 2024
1–7 of 9

1708, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 10 February 2013 for AED 764,000, or AED 999 per sqft.
  • Rented since April 2013 on 6 Ejari contracts, from AED 70,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2013 price is 6.3%, 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 25 April 2021.

Questions about 1708, Lakeside Residence Tower

What did unit 1708 last sell for?

AED 764,000 on 10 February 2013, sold by the developer: AED 999 per sqft for 764 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 48,000 a year on the contract renewed on 25 April 2021. The previous contract, from April 2020, was AED 51,000; the unit has been rented since April 2013.

How big is unit 1708?

764 sqft (71.0 sqm): a one-bedroom apartment on the 17th floor of a 34-storey tower completed in 2012.

What is unit 1708 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 1708, Lakeside Residence Tower

Starts from the last sale price (AED 764K, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 764,000
Deposit, UAE resident (20%)
AED 152,800
Deposit, non-resident (40%)
AED 305,600
Monthly over 25 years at 3.7%
AED 3,126

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →