1-bed · 802 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2012

3407, Lakeside Residence Tower

Sold prices and rental history: no registered sale, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 20 December 2023
Current rentAED 80K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Lakeside Residence Tower

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20 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
15 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
25 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
21 Feb 2019RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
21 Feb 2018RentedRenewal
AED 78,000/yr12 months · AED 97 per sqft
21 Feb 2017RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
25 Jul 2016RentedNew contract
AED 84,000/yr12 months · AED 105 per sqft
20 Jun 2013RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
34th of 34
Parking
P.L.3/3108
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,000 /yr
Last sold
No registered sale

About 3407, Lakeside Residence Tower

3407 is a one-bedroom apartment of 802 sqft on the 34th floor of Lakeside Residence Tower, a 34-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Al Manal Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 December 2023, is AED 80,000 a year, before the service charge of about AED 11,000 a year.

Sales and rents for 3407 over time

Sales
Unit 3407, 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 1,150,000

No registered sale of 3407; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3407, each contractTypical one-bed in Lakeside Residence Tower
60K80K2013201720212025Typical 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, June 2013: AED 70,000 a yearNew contract, July 2016: AED 84,000 a yearNew contract, February 2017: AED 80,000 a yearRenewal, February 2018: AED 78,000 a yearRenewal, February 2019: AED 70,000 a yearNew contract, March 2020: AED 55,000 a yearNew contract, November 2022: AED 75,000 a yearNew contract, December 2023: AED 80,000 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 3407 sits

All 226 1-beds →

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. 3407's AED 80,000 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 34th floor

All 358 units in Lakeside Residence Tower
Value
34012-bedNo registered sale
34021-bedNo registered sale
34031-bedNo registered sale
34042-bedNo registered sale
34051-bedNo registered sale
34062-bedNo registered sale
34081-bedNo registered sale
1–7 of 9

3407, Lakeside Residence Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2020 and recovered to AED 80,000 by December 2023.
  • 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 December 2023.

Questions about 3407, Lakeside Residence Tower

What is the rent for unit 3407?

AED 80,000 a year on the contract signed on 20 December 2023. The previous contract, from November 2022, was AED 75,000; the unit has been rented since June 2013.

How big is unit 3407?

802 sqft (74.5 sqm): a one-bedroom apartment on the 34th floor of a 34-storey tower completed in 2012.

What is unit 3407 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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