2-bed · 313 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2012

1806, 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 1806 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.03M25 February 2013
Current rentAED 86K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Lakeside Residence Tower

What is 1806 worth today?

Last sold for AED 1,026,966 in 2013

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1 Nov 2023RentedNew contract
AED 86,000/yr12 months · AED 80 per sqft
30 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 75 per sqft
1 Nov 2022RentedNew contract
AED 77,000/yr12 months · AED 72 per sqft
20 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 61 per sqft
1 Nov 2020RentedNew contract
AED 68,000/yr12 months · AED 63 per sqft
23 Jul 2017RentedNew contract
AED 106,000/yr12 months · AED 98 per sqft
15 Jul 2014RentedNew contract
AED 100,000/yr12 months · AED 93 per sqft
15 Jul 2013RentedNew contract
AED 95,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
313 sqft
Floor
18th of 34
Parking
P.L.1/1155
Developer
Al Manal Development
Completed
2012
Service charge
AED 4,300 /yr
Last sold
AED 1.03M · February 2013

About 1806, Lakeside Residence Tower

1806 is a two-bedroom apartment of 313 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 25 February 2013 for AED 1,026,966, or AED 958 per sqft, 3% below the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 November 2023, is AED 86,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 4,300 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, each saleTypical two-bed in Lakeside Residence Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,067,065; 2013 AED 1,195,080; 2014 AED 1,650,000; 2015 AED 1,525,000; 2016 AED 1,470,000; 2017 AED 1,475,000; 2018 AED 1,270,000; 2020 AED 925,000; 2021 AED 950,000; 2022 AED 1,140,000; 2023 AED 1,267,500; 2024 AED 1,640,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, February 2013: AED 1,026,966 (AED 958 per sqft)

1806 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1806, each contractTypical two-bed in Lakeside Residence Tower
75K100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 68,000; 2022 AED 78,000; 2023 AED 88,935; 2024 AED 101,500; 2025 AED 114,260; 2026 AED 110,000New contract, July 2013: AED 95,000 a yearNew contract, July 2014: AED 100,000 a yearNew contract, July 2017: AED 106,000 a yearNew contract, November 2020: AED 68,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, November 2022: AED 77,000 a yearNew contract, September 2023: AED 80,000 a yearNew contract, November 2023: AED 86,000 a year

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 1806 sits

All 132 2-beds →

1806 last sold in February 2013 at AED 958 per sqft, 3% below what two-beds in Lakeside Residence Tower were fetching at the time (AED 991). 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. 1806's AED 86,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,950,000
4 Sep 20261,850,000
4 Sep 20261,780,000
25 Aug 20261,800,000
7 2-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
18031-bedAED 805K · Nov 2013
18042-bedAED 700K · Jul 2017
18051-bedAED 1.14M · Sep 2013
18071-bedAED 500K · Jan 2021
18081-bedAED 810K · Dec 2022
1–7 of 9

1806, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 25 February 2013 for AED 1,026,966, or AED 958 per sqft.
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 86,000 by November 2023.
  • At AED 86,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 4,300 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 1 November 2023.

Questions about 1806, Lakeside Residence Tower

What did unit 1806 last sell for?

AED 1,026,966 on 25 February 2013, sold by the developer: AED 958 per sqft for 313 sqft. It is the only registered sale of the unit.

What is the rent for unit 1806?

AED 86,000 a year on the contract signed on 1 November 2023. The previous contract, from September 2023, was AED 80,000; the unit has been rented since July 2013.

How big is unit 1806?

313 sqft (29.1 sqm): a two-bedroom apartment on the 18th floor of a 34-storey tower completed in 2012.

What is unit 1806 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 1806, Lakeside Residence Tower

Starts from the last sale price (AED 1.03M, 25 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,026,966
Deposit, UAE resident (20%)
AED 205,393
Deposit, non-resident (40%)
AED 410,786
Monthly over 25 years at 3.7%
AED 4,202

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