
311, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Lakeside Residence Tower
What is 311 worth today?
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Source: Dubai Land Department. Updated 9 May 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,295 sqft
- Floor
- 3rd of 34
- Parking
- B1/35
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 17,700 /yr
- Last sold
- AED 1.57M · May 2017
- Building
- Lakeside Residence Tower
About 311, Lakeside Residence Tower
311 is a two-bedroom apartment of 1,295 sqft on the 3rd 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 9 May 2017 for AED 1,565,000, or AED 1,208 per sqft, in line with the AED 1,220 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 20 January 2017, is AED 117,500 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 17,700 a year.
Sales and rents for 311 over time
311 has sold twice; the dashed line is the two-bed median of each year in the building.
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 311 sits
All 132 2-beds →311 last sold in May 2017 at AED 1,208 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 1,220). 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. 311's AED 117,500 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,291 sqft | 1,950,000 | 1,509 | ||
| 4 Sep 20264 September 2026 | 1,295 sqft | 1,850,000 | 1,429 | ||
| 4 Sep 20264 September 2026 | 1,167 sqft | 1,780,000 | 1,525 | ||
| 25 Aug 202625 August 2026 | 1,153 sqft | 1,800,000 | 1,561 |
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 3rd floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,153 sqft | AED 1.45MAED 1,450,000 · May 2017May 2017 | 110,000 /yr | |
| 302 | 1-bed | 720 sqft | AED 703KAED 702,540 · Apr 2013April 2013 | 73,000 /yr | |
| 303 | 1-bed | 850 sqft | AED 831KAED 831,269 · Feb 2013February 2013 | 88,740 /yr | |
| 304 | 1-bed | 709 sqft | AED 703KAED 702,902 · Feb 2013February 2013 | 70,000 /yr | |
| 305 | 2-bed | 1,291 sqft | AED 1.21MAED 1,211,314 · Apr 2013April 2013 | 115,000 /yr | |
| 306 | 1-bed | 831 sqft | AED 700KAED 700,000 · Apr 2022April 2022 | 85,000 /yr | |
| 307 | 2-bed | 1,153 sqft | AED 1.46MAED 1,460,000 · Nov 2016November 2016 | 117,000 /yr | |
| 308 | 1-bed | 709 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 70,000 /yr | |
| 309 | 1-bed | 850 sqft | AED 950KAED 950,000 · May 2023May 2023 | 110,000 /yr | |
| 310 | 1-bed | 709 sqft | AED 600KAED 600,000 · Sep 2021September 2021 | 72,000 /yr | |
| 312 | 1-bed | 835 sqft | AED 1.21MAED 1,210,000 · Sep 2024September 2024 | 75,000 /yr |
311, Lakeside Residence Tower in numbers
- Sold twice: first on 28 January 2013 for AED 1,185,792, last on 9 May 2017 for AED 1,565,000 (AED 1,208 per sqft).
- Rented since January 2014 on 4 Ejari contracts, from AED 115,000 to AED 117,500 a year.
- At AED 117,500 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 17,700 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 9 May 2017.
Questions about 311, Lakeside Residence Tower
What did unit 311 last sell for?
AED 1,565,000 on 9 May 2017: AED 1,208 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 1,185,792 in January 2013.
What is the rent for unit 311?
AED 117,500 a year on the contract renewed on 20 January 2017. The previous contract, from January 2016, was AED 117,000; the unit has been rented since January 2014.
How big is unit 311?
1,295 sqft (120.3 sqm): a two-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2012.
What is unit 311 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 311, Lakeside Residence Tower
Starts from the last sale price (AED 1.57M, 9 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,565,000
- Deposit, UAE resident (20%)
- AED 313,000
- Deposit, non-resident (40%)
- AED 626,000
- Monthly over 25 years at 3.7%
- AED 6,403
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →