1-bed · 764 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2012

2808, Lakeside Residence Tower

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

Unit 2808 · DLD and Ejari recordsUpdated 20 August 2023
Last soldAED 824K20 May 2013
Current rentAED 71K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2808, Lakeside Residence Tower

What is 2808 worth today?

Last sold for AED 823,528 in 2013

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20 Aug 2023RentedNew contract
AED 71,000/yr12 months · AED 93 per sqft
1 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
14 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
6 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
20 Jul 2019RentedNew contract
AED 60,000/yr13 months · AED 79 per sqft
17 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
1 Sep 2015RentedNew contract
AED 91,000/yr12 months · AED 119 per sqft
1 Jul 2014RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 20 August 2023.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
28th of 34
Parking
P.L.2/2230
Developer
Al Manal Development
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 824K · May 2013

About 2808, Lakeside Residence Tower

2808 is a one-bedroom apartment of 764 sqft on the 28th 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 20 May 2013 for AED 823,528, or AED 1,077 per sqft, 7% above the AED 1,003 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 August 2023, is AED 71,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2808 over time

Sales
Unit 2808, 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, May 2013: AED 823,528 (AED 1,077 per sqft)

2808 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2808, each contractTypical one-bed in Lakeside Residence Tower
50K75K2013201720212025Typical 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, July 2013: AED 70,000 a yearNew contract, July 2014: AED 70,000 a yearNew contract, September 2015: AED 91,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, December 2020: AED 42,000 a yearNew contract, September 2021: AED 48,000 a yearNew contract, July 2022: AED 65,000 a yearNew contract, August 2023: AED 71,000 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 2808 sits

All 226 1-beds →

2808 last sold in May 2013 at AED 1,077 per sqft, 7% above 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. 2808's AED 71,000 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 28th floor

All 358 units in Lakeside Residence Tower
Value
28012-bedNo registered sale
28021-bedAED 1M · Aug 2016
28031-bedAED 1.1M · Jul 2024
28042-bedAED 1.08M · Jul 2022
28051-bedAED 1.15M · Jan 2016
28062-bedAED 1.76M · Apr 2026
28071-bedAED 1.15M · Feb 2024
1–7 of 9

2808, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 20 May 2013 for AED 823,528, or AED 1,077 per sqft.
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2020 and recovered to AED 71,000 by August 2023.
  • At AED 71,000 a year the gross yield on the 2013 price is 8.6%, 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 20 August 2023.

Questions about 2808, Lakeside Residence Tower

What did unit 2808 last sell for?

AED 823,528 on 20 May 2013, sold by the developer: AED 1,077 per sqft for 764 sqft. It is the only registered sale of the unit.

What is the rent for unit 2808?

AED 71,000 a year on the contract signed on 20 August 2023. The previous contract, from July 2022, was AED 65,000; the unit has been rented since July 2013.

How big is unit 2808?

764 sqft (71.0 sqm): a one-bedroom apartment on the 28th floor of a 34-storey tower completed in 2012.

What is unit 2808 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 2808, Lakeside Residence Tower

Starts from the last sale price (AED 824K, 20 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 823,528
Deposit, UAE resident (20%)
AED 164,706
Deposit, non-resident (40%)
AED 329,411
Monthly over 25 years at 3.7%
AED 3,369

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