1-bed · 835 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2012

212, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 855K3 February 2013
Current rentAED 85K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Lakeside Residence Tower

What is 212 worth today?

Last sold for AED 855,382 in 2013

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1 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 102 per sqft
10 Aug 2024RentedNew contract
AED 83,000/yr12 months · AED 99 per sqft
15 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
18 Jul 2020RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
6 Jul 2019RentedRenewal
AED 73,000/yr12 months · AED 87 per sqft
6 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
3 Feb 2013Sold by developerReady
AED 855,382AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
835 sqft
Floor
2nd of 34
Parking
B1/24
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,400 /yr
Last sold
AED 855K · February 2013

About 212, Lakeside Residence Tower

212 is a one-bedroom apartment of 835 sqft on the 2nd 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 February 2013 for AED 855,382, or AED 1,024 per sqft, in line with the AED 999 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 85,000 a year: a gross yield of 9.9% on the 2013 price, before the service charge of about AED 11,400 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, February 2013: AED 855,382 (AED 1,024 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Lakeside Residence Tower
60K80K2013201720212025Typical 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, July 2018: AED 75,000 a yearRenewal, July 2019: AED 73,000 a yearNew contract, July 2020: AED 52,000 a yearNew contract, June 2023: AED 75,000 a yearNew contract, August 2024: AED 83,000 a yearNew contract, September 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 212 sits

All 226 1-beds →

212 last sold in February 2013 at AED 1,024 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 999). 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. 212'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 2nd floor

All 358 units in Lakeside Residence Tower
Value
2012-bedAED 1.07M · Oct 2012
2021-bedAED 1.1M · Oct 2025
2031-bedAED 820K · May 2013
2041-bedAED 18K · Aug 2026
2052-bedAED 1.8M · Mar 2026
2061-bedAED 910K · Oct 2023
2072-bedAED 1.59M · Sep 2025
1–7 of 11

212, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 3 February 2013 for AED 855,382, or AED 1,024 per sqft.
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2020 and recovered to AED 85,000 by September 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 9.9%, before a service charge of about AED 11,400 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 1 September 2024.

Questions about 212, Lakeside Residence Tower

What did unit 212 last sell for?

AED 855,382 on 3 February 2013, sold by the developer: AED 1,024 per sqft for 835 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 85,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2024, was AED 83,000; the unit has been rented since July 2018.

How big is unit 212?

835 sqft (77.6 sqm): a one-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2012.

What is unit 212 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 212, Lakeside Residence Tower

Starts from the last sale price (AED 855K, 3 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 855,382
Deposit, UAE resident (20%)
AED 171,076
Deposit, non-resident (40%)
AED 342,153
Monthly over 25 years at 3.7%
AED 3,500

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