2-bed · 1,167 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2012

2404, Lakeside Residence Tower

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

Unit 2404 · DLD and Ejari recordsUpdated 5 January 2021
Last soldAED 1.19M28 January 2013
Current rentAED 65K /yr5 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Lakeside Residence Tower

What is 2404 worth today?

Last sold for AED 1,186,667 in 2013

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5 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
6 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 73 per sqft
9 Apr 2013RentedNew contract
AED 76,808/yr9 months · AED 66 per sqft
28 Jan 2013Sold by developerReady
AED 1,186,667AED 1,017 per sqft

Source: Dubai Land Department. Updated 5 January 2021.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
24th of 34
Parking
P.L.2/2105
Developer
Al Manal Development
Completed
2012
Service charge
AED 16,000 /yr
Last sold
AED 1.19M · January 2013

About 2404, Lakeside Residence Tower

2404 is a two-bedroom apartment of 1,167 sqft on the 24th 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 28 January 2013 for AED 1,186,667, or AED 1,017 per sqft, in line with the AED 991 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 5 January 2021, is AED 65,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 16,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, January 2013: AED 1,186,667 (AED 1,017 per sqft)

2404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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, April 2013: AED 76,808 a yearNew contract, December 2018: AED 85,000 a yearNew contract, January 2021: AED 65,000 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 2404 sits

All 132 2-beds →

2404 last sold in January 2013 at AED 1,017 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 991). 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. 2404's AED 65,000 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 24th floor

All 358 units in Lakeside Residence Tower
Value
24012-bedAED 1.02M · Jun 2013
24021-bedAED 847K · May 2013
24031-bedAED 1.16M · May 2025
24051-bedAED 831K · May 2013
24062-bedAED 900K · Feb 2021
24071-bedAED 800K · Jun 2023
24081-bedAED 790K · Feb 2013
1–7 of 9

2404, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 28 January 2013 for AED 1,186,667, or AED 1,017 per sqft.
  • Rented since April 2013 on 3 Ejari contracts, from AED 76,808 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 16,000 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 5 January 2021.

Questions about 2404, Lakeside Residence Tower

What did unit 2404 last sell for?

AED 1,186,667 on 28 January 2013, sold by the developer: AED 1,017 per sqft for 1,167 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 65,000 a year on the contract signed on 5 January 2021. The previous contract, from December 2018, was AED 85,000; the unit has been rented since April 2013.

How big is unit 2404?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2012.

What is unit 2404 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 2404, Lakeside Residence Tower

Starts from the last sale price (AED 1.19M, 28 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,186,667
Deposit, UAE resident (20%)
AED 237,333
Deposit, non-resident (40%)
AED 474,667
Monthly over 25 years at 3.7%
AED 4,855

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