2-bed · 1,072 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2012

1906, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 1.04M3 June 2013
Current rentAED 110K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Lakeside Residence Tower

What is 1906 worth today?

Last sold for AED 1,040,793 in 2013

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17 Jul 2023RentedNew contract
AED 110,000/yr12 months · AED 102 per sqft
25 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 56 per sqft
25 Dec 2020RentedNew contract
AED 58,000/yr12 months · AED 54 per sqft
28 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
8 May 2014RentedNew contract
AED 83,284/yr13 months · AED 77 per sqft
3 Jun 2013Sold by developerReady
AED 1,040,793AED 971 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,072 sqft
Floor
19th of 34
Parking
P.L.1/1165
Developer
Al Manal Development
Completed
2012
Service charge
AED 14,700 /yr
Last sold
AED 1.04M · June 2013

About 1906, Lakeside Residence Tower

1906 is a two-bedroom apartment of 1,072 sqft on the 19th 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 3 June 2013 for AED 1,040,793, or AED 971 per sqft, in line with the AED 985 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 17 July 2023, is AED 110,000 a year: a gross yield of 10.6% on the 2013 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, 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, June 2013: AED 1,040,793 (AED 971 per sqft)

1906 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1906, each contractTypical two-bed in Lakeside Residence Tower
50K100K2013201720212025Typical 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, May 2014: AED 83,284 a yearNew contract, September 2019: AED 80,000 a yearNew contract, December 2020: AED 58,000 a yearRenewal, December 2021: AED 60,000 a yearNew contract, July 2023: AED 110,000 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 1906 sits

All 132 2-beds →

1906 last sold in June 2013 at AED 971 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 985). 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. 1906's AED 110,000 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 19th floor

All 358 units in Lakeside Residence Tower
Value
19012-bedAED 1.35M · Feb 2018
19021-bedAED 854K · Dec 2018
19031-bedAED 834K · Feb 2013
19042-bedAED 1.75M · Oct 2025
19051-bedAED 822K · Mar 2013
19071-bedAED 1.01M · Jun 2015
19081-bedAED 770K · May 2013
1–7 of 9

1906, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 3 June 2013 for AED 1,040,793, or AED 971 per sqft.
  • Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 83,284 to AED 58,000 in 2020 and recovered to AED 110,000 by July 2023.
  • At AED 110,000 a year the gross yield on the 2013 price is 10.6%, before a service charge of about AED 14,700 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 17 July 2023.

Questions about 1906, Lakeside Residence Tower

What did unit 1906 last sell for?

AED 1,040,793 on 3 June 2013, sold by the developer: AED 971 per sqft for 1,072 sqft. It is the only registered sale of the unit.

What is the rent for unit 1906?

AED 110,000 a year on the contract signed on 17 July 2023. The previous contract, from December 2021, was AED 60,000; the unit has been rented since May 2014.

How big is unit 1906?

1,072 sqft (99.6 sqm): a two-bedroom apartment on the 19th floor of a 34-storey tower completed in 2012.

What is unit 1906 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 1906, Lakeside Residence Tower

Starts from the last sale price (AED 1.04M, 3 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,793
Deposit, UAE resident (20%)
AED 208,159
Deposit, non-resident (40%)
AED 416,317
Monthly over 25 years at 3.7%
AED 4,258

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