2-bed · 1,163 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2012

2709, Lakeside Residence Tower

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 24 May 2017
Last soldAED 1.62M24 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Lakeside Residence Tower

What is 2709 worth today?

Last sold for AED 1,620,000 in 2017

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24 May 2017SoldReady
AED 1,620,000AED 1,393 per sqft
17 Feb 2013Sold by developerReady
AED 1,240,000AED 1,066 per sqft

Source: Dubai Land Department. Updated 24 May 2017.

Key facts

Type
2-bed apartment
Size
1,163 sqft
Floor
27th of 34
Parking
P.L.2/2221
Developer
Al Manal Development
Completed
2012
Service charge
AED 15,900 /yr
Last sold
AED 1.62M · May 2017

About 2709, Lakeside Residence Tower

2709 is a two-bedroom apartment of 1,163 sqft on the 27th 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 24 May 2017 for AED 1,620,000, or AED 1,393 per sqft, 11% above the AED 1,257 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2709 over time

Sales
Unit 2709, 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, February 2013: AED 1,240,000 (AED 1,066 per sqft)Sold, May 2017: AED 1,620,000 (AED 1,393 per sqft)

2709 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2709, 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 110,000

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 2709 sits

All 132 2-beds →

2709 last sold in May 2017 at AED 1,393 per sqft, 11% above what two-beds in Lakeside Residence Tower were fetching at the time (AED 1,257). 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.

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 27th floor

All 358 units in Lakeside Residence Tower
Value
27012-bedAED 1.1M · Sep 2013
27021-bedAED 810K · Mar 2022
27031-bedAED 1.04M · Mar 2016
27042-bedAED 1.23M · Mar 2013
27051-bedAED 861K · Nov 2013
27062-bedAED 1.05M · Jul 2012
27071-bedAED 1M · Jan 2017
1–7 of 9

2709, Lakeside Residence Tower in numbers

  • Sold twice: first on 17 February 2013 for AED 1,240,000, last on 24 May 2017 for AED 1,620,000 (AED 1,393 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 24 May 2017.

Questions about 2709, Lakeside Residence Tower

What did unit 2709 last sell for?

AED 1,620,000 on 24 May 2017: AED 1,393 per sqft for 1,163 sqft. The unit has 2 registered sales; the first was AED 1,240,000 in February 2013.

How big is unit 2709?

1,163 sqft (108.0 sqm): a two-bedroom apartment on the 27th floor of a 34-storey tower completed in 2012.

What is unit 2709 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 2709, Lakeside Residence Tower

Starts from the last sale price (AED 1.62M, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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