2-bed · 557 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 23rd floor · completed 2012

2301, Lakeside Residence Tower

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

Unit 2301 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.06M25 March 2013
Current rentAED 102K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Lakeside Residence Tower

What is 2301 worth today?

Last sold for AED 1,060,626 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2024RentedNew contract
AED 102,000/yr12 months · AED 95 per sqft
11 Mar 2024RentedRenewal
AED 82,500/yr3 months · AED 77 per sqft
11 Mar 2023RentedRenewal
AED 75,000/yr12 months · AED 70 per sqft
11 Mar 2022RentedRenewal
AED 68,500/yr12 months · AED 64 per sqft
11 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
1 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
13 May 2017RentedNew contract
AED 110,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
557 sqft
Floor
23rd of 34
Parking
P.L.2/2038
Developer
Al Manal Development
Completed
2012
Service charge
AED 7,600 /yr
Last sold
AED 1.06M · March 2013

About 2301, Lakeside Residence Tower

2301 is a two-bedroom apartment of 557 sqft on the 23rd 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 March 2013 for AED 1,060,626, or AED 989 per sqft, in line with the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 May 2024, is AED 102,000 a year: a gross yield of 9.6% on the 2013 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, March 2013: AED 1,060,626 (AED 989 per sqft)

2301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, March 2013: AED 60,000 a yearNew contract, May 2017: AED 110,000 a yearNew contract, August 2018: AED 90,000 a yearNew contract, February 2019: AED 90,000 a yearNew contract, March 2021: AED 65,000 a yearRenewal, March 2022: AED 68,500 a yearRenewal, March 2023: AED 75,000 a yearRenewal, March 2024: AED 82,500 a yearNew contract, May 2024: AED 102,000 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 2301 sits

All 132 2-beds →

2301 last sold in March 2013 at AED 989 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 990). 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. 2301's AED 102,000 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 23rd floor

All 358 units in Lakeside Residence Tower
Value
23021-bedAED 1.04M · Jun 2017
23031-bedAED 1.13M · Jul 2016
23042-bedAED 1.05M · Apr 2019
23051-bedAED 980K · Jan 2017
23062-bedAED 980K · Oct 2021
23071-bedAED 819K · May 2013
23081-bedAED 787K · Feb 2013
1–7 of 9

2301, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 25 March 2013 for AED 1,060,626, or AED 989 per sqft.
  • Rented since March 2013 on 9 Ejari contracts, from AED 60,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2013 price is 9.6%, before a service charge of about AED 7,600 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 15 May 2024.

Questions about 2301, Lakeside Residence Tower

What did unit 2301 last sell for?

AED 1,060,626 on 25 March 2013, sold by the developer: AED 989 per sqft for 557 sqft. It is the only registered sale of the unit.

What is the rent for unit 2301?

AED 102,000 a year on the contract signed on 15 May 2024. The previous contract, from March 2024, was AED 82,500; the unit has been rented since March 2013.

How big is unit 2301?

557 sqft (51.7 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2012.

What is unit 2301 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.

Selling 2301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2301, Lakeside Residence Tower

Starts from the last sale price (AED 1.06M, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,626
Deposit, UAE resident (20%)
AED 212,125
Deposit, non-resident (40%)
AED 424,250
Monthly over 25 years at 3.7%
AED 4,339

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