1-bed · 801 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 22nd floor · completed 2012

2203, Lakeside Residence Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1.02M23 May 2024
Current rentAED 55K /yr30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Lakeside Residence Tower

What is 2203 worth today?

Last sold for AED 1,020,000 in 2024

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23 May 2024SoldReady
AED 1,020,000AED 1,273 per sqft
30 Aug 2023RentedRenewal
AED 55,000/yr12 months · AED 69 per sqft
30 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
30 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
2 Jun 2020RentedNew contract
AED 54,000/yr12 months · AED 68 per sqft
31 Mar 2019RentedNew contract
AED 67,000/yr12 months · AED 84 per sqft
15 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
7 Dec 2016RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
22nd of 34
Parking
P.L.2/2030
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,000 /yr
Last sold
AED 1.02M · May 2024

About 2203, Lakeside Residence Tower

2203 is a one-bedroom apartment of 801 sqft on the 22nd 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 23 May 2024 for AED 1,020,000, or AED 1,273 per sqft, in line with the AED 1,278 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 30 August 2023, is AED 55,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical one-bed in Lakeside Residence Tower
1M2012201620202024Typical 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, June 2013: AED 841,588 (AED 1,050 per sqft)Sold, December 2013: AED 1,195,000 (AED 1,492 per sqft)Sold, May 2024: AED 1,020,000 (AED 1,273 per sqft)

2203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2203, 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, December 2016: AED 85,000 a yearNew contract, January 2018: AED 80,000 a yearNew contract, March 2019: AED 67,000 a yearNew contract, June 2020: AED 54,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, August 2022: AED 55,000 a yearRenewal, August 2023: AED 55,000 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 2203 sits

All 226 1-beds →

2203 last sold in May 2024 at AED 1,273 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,278). 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. 2203's AED 55,000 is in the lower 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 22nd floor

All 358 units in Lakeside Residence Tower
Value
22012-bedAED 1.75M · Dec 2025
22021-bedAED 1.23M · Mar 2014
22042-bedAED 1.63M · Feb 2015
22051-bedAED 827K · Feb 2013
22062-bedAED 1.05M · Feb 2013
22071-bedAED 840K · Jan 2023
22081-bedAED 1.1M · Nov 2017
1–7 of 9

2203, Lakeside Residence Tower in numbers

  • Sold 3 times: first on 17 June 2013 for AED 841,588, last on 23 May 2024 for AED 1,020,000 (AED 1,273 per sqft).
  • Rented since December 2016 on 7 Ejari contracts, from AED 85,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.4%, 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 23 May 2024.

Questions about 2203, Lakeside Residence Tower

What did unit 2203 last sell for?

AED 1,020,000 on 23 May 2024: AED 1,273 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 841,588 in June 2013.

What is the rent for unit 2203?

AED 55,000 a year on the contract renewed on 30 August 2023. The previous contract, from August 2022, was AED 55,000; the unit has been rented since December 2016.

How big is unit 2203?

801 sqft (74.4 sqm): a one-bedroom apartment on the 22nd floor of a 34-storey tower completed in 2012.

What is unit 2203 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 2203, Lakeside Residence Tower

Starts from the last sale price (AED 1.02M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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