1709, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1709, Lakeside Residence Tower
What is 1709 worth today?
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Source: Dubai Land Department. Updated 18 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,212 sqft
- Floor
- 17th of 34
- Parking
- P.L.1/1148
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.48M · May 2016
- Building
- Lakeside Residence Tower
About 1709, Lakeside Residence Tower
1709 is a two-bedroom apartment of 1,212 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. It last sold on 12 May 2016 for AED 1,480,000, or AED 1,220 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 18 November 2023, is AED 100,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1709 over time
1709 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 1709 sits
All 132 2-beds →1709 last sold in May 2016 at AED 1,220 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 1,210). 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. 1709's AED 100,000 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 17th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,072 sqft | AED 1.06MAED 1,057,524 · Apr 2013April 2013 | 120,000 /yr | |
| 1702 | 1-bed | 764 sqft | AED 1.23MAED 1,225,000 · Sep 2014September 2014 | 83,000 /yr | |
| 1703 | 1-bed | 801 sqft | AED 850KAED 850,000 · Aug 2025August 2025 | 75,202 /yr | |
| 1704 | 2-bed | 1,219 sqft | AED 1.56MAED 1,560,000 · May 2015May 2015 | 115,000 /yr | |
| 1705 | 1-bed | 842 sqft | AED 818KAED 818,148 · Apr 2013April 2013 | ||
| 1706 | 2-bed | 1,072 sqft | AED 1.03MAED 1,033,885 · Feb 2013February 2013 | 117,000 /yr | |
| 1707 | 1-bed | 801 sqft | AED 1.16MAED 1,160,000 · Nov 2024November 2024 | 73,500 /yr | |
| 1708 | 1-bed | 764 sqft | AED 764KAED 764,000 · Feb 2013February 2013 | 48,000 /yr | |
| 1710 | 1-bed | 834 sqft | AED 1.26MAED 1,260,000 · Oct 2026October 2026 |
1709, Lakeside Residence Tower in numbers
- Sold twice: first on 10 February 2013 for AED 1,247,278, last on 12 May 2016 for AED 1,480,000 (AED 1,220 per sqft).
- Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 67,000 in 2020 and recovered to AED 100,000 by November 2023.
- At AED 100,000 a year the gross yield on the 2016 price is 6.8%, 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 18 November 2023.
Questions about 1709, Lakeside Residence Tower
What did unit 1709 last sell for?
AED 1,480,000 on 12 May 2016: AED 1,220 per sqft for 1,212 sqft. The unit has 2 registered sales; the first was AED 1,247,278 in February 2013.
What is the rent for unit 1709?
AED 100,000 a year on the contract signed on 18 November 2023. The previous contract, from November 2022, was AED 92,000; the unit has been rented since January 2015.
How big is unit 1709?
1,212 sqft (112.6 sqm): a two-bedroom apartment on the 17th floor of a 34-storey tower completed in 2012.
What is unit 1709 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 1709, Lakeside Residence Tower
Starts from the last sale price (AED 1.48M, 12 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →