2-bed · 1,016 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2012

2406, Lakeside Residence Tower

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 900K23 February 2021
Current rentAED 94K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Lakeside Residence Tower

What is 2406 worth today?

Last sold for AED 900,000 in 2021

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1 Sep 2026RentedNew contract
AED 94,000/yr12 months · AED 93 per sqft
25 Aug 2025RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft
20 Jun 2024RentedNew contract
AED 107,000/yr12 months · AED 106 per sqft
23 Feb 2021SoldReady
AED 900,000AED 886 per sqft
25 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 99 per sqft
15 Apr 2013Sold by developerReady
AED 971,207AED 956 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,016 sqft
Floor
24th of 34
Parking
P.L.2/2107
Developer
Al Manal Development
Completed
2012
Service charge
AED 13,900 /yr
Last sold
AED 900K · February 2021

About 2406, Lakeside Residence Tower

2406 is a two-bedroom apartment of 1,016 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. It last sold on 23 February 2021 for AED 900,000, or AED 886 per sqft, 9% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 94,000 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 13,900 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, April 2013: AED 971,207 (AED 956 per sqft)Sold, February 2021: AED 900,000 (AED 886 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, 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, December 2018: AED 100,000 a yearNew contract, June 2024: AED 107,000 a yearNew contract, August 2025: AED 115,000 a yearNew contract, September 2026: AED 94,000 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 2406 sits

All 132 2-beds →

2406 last sold in February 2021 at AED 886 per sqft, 9% above what two-beds in Lakeside Residence Tower were fetching at the time (AED 814). 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. 2406's AED 94,000 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
24042-bedAED 1.19M · Jan 2013
24051-bedAED 831K · May 2013
24071-bedAED 800K · Jun 2023
24081-bedAED 790K · Feb 2013
1–7 of 9

2406, Lakeside Residence Tower in numbers

  • Sold twice: first on 15 April 2013 for AED 971,207, last on 23 February 2021 for AED 900,000 (AED 886 per sqft).
  • Rented since December 2018 on 4 Ejari contracts, from AED 100,000 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2021 price is 10.4%, before a service charge of about AED 13,900 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 1 September 2026.

Questions about 2406, Lakeside Residence Tower

What did unit 2406 last sell for?

AED 900,000 on 23 February 2021: AED 886 per sqft for 1,016 sqft. The unit has 2 registered sales; the first was AED 971,207 in April 2013.

What is the rent for unit 2406?

AED 94,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 115,000; the unit has been rented since December 2018.

How big is unit 2406?

1,016 sqft (94.4 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2012.

What is unit 2406 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 2406, Lakeside Residence Tower

Starts from the last sale price (AED 900K, 23 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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