1-bed · 764 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2012

2408, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 790K10 February 2013
Current rentAED 69K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Lakeside Residence Tower

What is 2408 worth today?

Last sold for AED 789,703 in 2013

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5 Oct 2026RentedRenewal
AED 69,033/yr12 months · AED 90 per sqft
5 Oct 2025RentedRenewal
AED 65,745/yr12 months · AED 86 per sqft
5 Oct 2024RentedRenewal
AED 62,617/yr12 months · AED 82 per sqft
5 Oct 2023RentedRenewal
AED 56,925/yr12 months · AED 75 per sqft
5 Oct 2022RentedRenewal
AED 51,750/yr12 months · AED 68 per sqft
5 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
15 May 2020RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
7 Mar 2019RentedNew contract
AED 62,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
24th of 34
Parking
P.L.2/2109
Developer
Al Manal Development
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 790K · February 2013

About 2408, Lakeside Residence Tower

2408 is a one-bedroom apartment of 764 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 10 February 2013 for AED 789,703, or AED 1,033 per sqft, in line with the AED 1,003 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 69,033 a year: a gross yield of 8.7% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical one-bed in Lakeside Residence Tower
750K1M1.25M2012201620202024Typical 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, February 2013: AED 789,703 (AED 1,033 per sqft)

2408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2408, each contractTypical one-bed in Lakeside Residence Tower
40K60K80K2013201720212025Typical 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, May 2014: AED 74,250 a yearNew contract, September 2016: AED 75,000 a yearRenewal, September 2017: AED 75,000 a yearRenewal, September 2018: AED 75,000 a yearNew contract, March 2019: AED 62,000 a yearNew contract, May 2020: AED 55,000 a yearNew contract, October 2021: AED 45,000 a yearRenewal, October 2022: AED 51,750 a yearRenewal, October 2023: AED 56,925 a yearRenewal, October 2024: AED 62,617 a yearRenewal, October 2025: AED 65,745 a yearRenewal, October 2026: AED 69,033 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 2408 sits

All 226 1-beds →

2408 last sold in February 2013 at AED 1,033 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,003). 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. 2408's AED 69,033 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 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
24062-bedAED 900K · Feb 2021
24071-bedAED 800K · Jun 2023
1–7 of 9

2408, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 10 February 2013 for AED 789,703, or AED 1,033 per sqft.
  • Rented since May 2014 on 12 Ejari contracts. The rent fell from AED 74,250 to AED 45,000 in 2021 and recovered to AED 69,033 by October 2026.
  • At AED 69,033 a year the gross yield on the 2013 price is 8.7%, before a service charge of about AED 10,500 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 5 October 2026.

Questions about 2408, Lakeside Residence Tower

What did unit 2408 last sell for?

AED 789,703 on 10 February 2013, sold by the developer: AED 1,033 per sqft for 764 sqft. It is the only registered sale of the unit.

What is the rent for unit 2408?

AED 69,033 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 65,745; the unit has been rented since May 2014.

How big is unit 2408?

764 sqft (71.0 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2012.

What is unit 2408 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 2408, Lakeside Residence Tower

Starts from the last sale price (AED 790K, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 789,703
Deposit, UAE resident (20%)
AED 157,941
Deposit, non-resident (40%)
AED 315,881
Monthly over 25 years at 3.7%
AED 3,231

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