1-bed · 801 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2012

1803, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 805K4 November 2013
Current rentAED 85K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Lakeside Residence Tower

What is 1803 worth today?

Last sold for AED 805,224 in 2013

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20 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
15 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
15 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
1 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
12 Dec 2019RentedRenewal
AED 62,000/yr12 months · AED 78 per sqft
12 Dec 2018RentedNew contract
AED 67,000/yr12 months · AED 84 per sqft
1 Oct 2016RentedNew contract
AED 88,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
18th of 34
Parking
P.L.1/1152
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,000 /yr
Last sold
AED 805K · November 2013

About 1803, Lakeside Residence Tower

1803 is a one-bedroom apartment of 801 sqft on the 18th 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 4 November 2013 for AED 805,224, or AED 1,005 per sqft, in line with the AED 1,006 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 November 2024, is AED 85,000 a year: a gross yield of 10.6% on the 2013 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, November 2013: AED 805,224 (AED 1,005 per sqft)

1803 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1803, each contractTypical one-bed in Lakeside Residence Tower
50K75K2013201720212025Typical 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, December 2015: AED 90,000 a yearNew contract, October 2016: AED 88,000 a yearNew contract, December 2018: AED 67,000 a yearRenewal, December 2019: AED 62,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, February 2022: AED 55,000 a yearNew contract, October 2022: AED 70,000 a yearRenewal, October 2023: AED 70,000 a yearNew contract, November 2024: AED 85,000 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 1803 sits

All 226 1-beds →

1803 last sold in November 2013 at AED 1,005 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,006). 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. 1803's AED 85,000 is in the upper 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 18th floor

All 358 units in Lakeside Residence Tower
Value
18012-bedAED 1.05M · Feb 2013
18021-bedAED 764K · Feb 2013
18042-bedAED 700K · Jul 2017
18051-bedAED 1.14M · Sep 2013
18062-bedAED 1.03M · Feb 2013
18071-bedAED 500K · Jan 2021
18081-bedAED 810K · Dec 2022
1–7 of 9

1803, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 4 November 2013 for AED 805,224, or AED 1,005 per sqft.
  • Rented since December 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2021 and recovered to AED 85,000 by November 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 10.6%, 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 20 November 2024.

Questions about 1803, Lakeside Residence Tower

What did unit 1803 last sell for?

AED 805,224 on 4 November 2013, sold by the developer: AED 1,005 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 85,000 a year on the contract signed on 20 November 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since December 2015.

How big is unit 1803?

801 sqft (74.4 sqm): a one-bedroom apartment on the 18th floor of a 34-storey tower completed in 2012.

What is unit 1803 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 1803, Lakeside Residence Tower

Starts from the last sale price (AED 805K, 4 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 805,224
Deposit, UAE resident (20%)
AED 161,045
Deposit, non-resident (40%)
AED 322,090
Monthly over 25 years at 3.7%
AED 3,294

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