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

1807, Lakeside Residence Tower

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1807 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 500K25 January 2021
Current rentAED 42K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1807, Lakeside Residence Tower

What is 1807 worth today?

Last sold for AED 500,000 in 2021

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25 Jan 2021SoldReady
AED 500,000AED 624 per sqft
10 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
1 Sep 2019RentedRenewal
AED 64,000/yr12 months · AED 80 per sqft
1 Jun 2018RentedRenewal
AED 61,600/yr15 months · AED 77 per sqft
1 Jun 2017RentedRenewal
AED 83,000/yr12 months · AED 104 per sqft
1 Jun 2016RentedNew contract
AED 83,000/yr12 months · AED 104 per sqft
25 May 2015RentedNew contract
AED 77,440/yr12 months · AED 97 per sqft
20 May 2014SoldReady
AED 1,050,000AED 1,311 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
18th of 34
Parking
P.L.1/1156
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,000 /yr
Last sold
AED 500K · January 2021

About 1807, Lakeside Residence Tower

1807 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. It last sold on 25 January 2021 for AED 500,000, or AED 624 per sqft, 14% below the AED 726 one-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 10 October 2020, is AED 42,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1807 over time

Sales
Unit 1807, each saleTypical one-bed in Lakeside Residence Tower
500K1M2012201620202024Typical 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, January 2013: AED 805,886 (AED 1,006 per sqft)Sold, May 2014: AED 1,050,000 (AED 1,311 per sqft)Sold, January 2021: AED 500,000 (AED 624 per sqft)

1807 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1807, each contractTypical one-bed in Lakeside Residence Tower
40K60K80K2013201720212025Typical 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, May 2015: AED 77,440 a yearNew contract, June 2016: AED 83,000 a yearRenewal, June 2017: AED 83,000 a yearRenewal, June 2018: AED 61,600 a yearRenewal, September 2019: AED 64,000 a yearNew contract, October 2020: AED 42,000 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 1807 sits

All 226 1-beds →

1807 last sold in January 2021 at AED 624 per sqft, 14% below what one-beds in Lakeside Residence Tower were fetching at the time (AED 726). 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. 1807's AED 42,000 is at the bottom 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
18031-bedAED 805K · Nov 2013
18042-bedAED 700K · Jul 2017
18051-bedAED 1.14M · Sep 2013
18062-bedAED 1.03M · Feb 2013
18081-bedAED 810K · Dec 2022
1–7 of 9

1807, Lakeside Residence Tower in numbers

  • Sold 3 times: first on 28 January 2013 for AED 805,886, last on 25 January 2021 for AED 500,000 (AED 624 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 77,440 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2021 price is 8.4%, 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 25 January 2021.

Questions about 1807, Lakeside Residence Tower

What did unit 1807 last sell for?

AED 500,000 on 25 January 2021: AED 624 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 805,886 in January 2013.

What is the rent for unit 1807?

AED 42,000 a year on the contract signed on 10 October 2020. The previous contract, from September 2019, was AED 64,000; the unit has been rented since May 2015.

How big is unit 1807?

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

What is unit 1807 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 1807, Lakeside Residence Tower

Starts from the last sale price (AED 500K, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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