2407, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in June 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Lakeside Residence Tower
What is 2407 worth today?
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Source: Dubai Land Department. Updated 20 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 24th of 34
- Parking
- P.L.2/2108
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 11,000 /yr
- Last sold
- AED 800K · June 2023
- Building
- Lakeside Residence Tower
About 2407, Lakeside Residence Tower
2407 is a one-bedroom apartment of 801 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 20 June 2023 for AED 800,000, or AED 999 per sqft, in line with the AED 999 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 July 2015, is AED 70,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 11,000 a year.
Sales and rents for 2407 over time
2407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2407 sits
All 226 1-beds →2407 last sold in June 2023 at AED 999 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. 2407's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 834 sqft | 1,260,000 | 1,510 | ||
| 9 Sep 20269 September 2026 | 834 sqft | 1,020,000 | 1,223 | ||
| 5 Aug 20265 August 2026 | 709 sqft | 18,112 | 25 | ||
| 30 Jul 202630 July 2026 | 850 sqft | 1,000,000 | 1,175 |
Lakeside Residence Tower
Building358 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%
Other units on the 24th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,019 sqft | AED 1.02MAED 1,023,394 · Jun 2013June 2013 | 120,000 /yr | |
| 2402 | 1-bed | 764 sqft | AED 847KAED 847,350 · May 2013May 2013 | 75,000 /yr | |
| 2403 | 1-bed | 801 sqft | AED 1.16MAED 1,160,000 · May 2025May 2025 | 57,000 /yr | |
| 2404 | 2-bed | 1,167 sqft | AED 1.19MAED 1,186,667 · Jan 2013January 2013 | 65,000 /yr | |
| 2405 | 1-bed | 834 sqft | AED 831KAED 830,802 · May 2013May 2013 | 71,400 /yr | |
| 2406 | 2-bed | 1,016 sqft | AED 900KAED 900,000 · Feb 2021February 2021 | 94,000 /yr | |
| 2408 | 1-bed | 764 sqft | AED 790KAED 789,703 · Feb 2013February 2013 | 69,033 /yr | |
| 2409 | 2-bed | 1,163 sqft | AED 1.21MAED 1,211,415 · Feb 2013February 2013 | 120,000 /yr | |
| 2410 | 1-bed | 836 sqft | AED 948KAED 947,980 · Apr 2013April 2013 | 85,000 /yr |
2407, Lakeside Residence Tower in numbers
- Sold twice: first on 17 February 2013 for AED 829,687, last on 20 June 2023 for AED 800,000 (AED 999 per sqft).
- Rented since July 2013 on 3 Ejari contracts, from AED 65,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 8.8%, 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 20 June 2023.
Questions about 2407, Lakeside Residence Tower
What did unit 2407 last sell for?
AED 800,000 on 20 June 2023: AED 999 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 829,687 in February 2013.
What is the rent for unit 2407?
AED 70,000 a year on the contract signed on 10 July 2015. The previous contract, from July 2014, was AED 65,000; the unit has been rented since July 2013.
How big is unit 2407?
801 sqft (74.4 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2012.
What is unit 2407 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 2407, Lakeside Residence Tower
Starts from the last sale price (AED 800K, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →