402, Lakeside Residence Tower
Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Lakeside Residence Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 16 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 720 sqft
- Floor
- 4th of 34
- Parking
- B1/38
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 9,900 /yr
- Last sold
- AED 670K · April 2013
- Building
- Lakeside Residence Tower
About 402, Lakeside Residence Tower
402 is a one-bedroom apartment of 720 sqft on the 4th 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 15 April 2013 for AED 669,781, or AED 930 per sqft, 7% below the AED 1,002 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 16 April 2024, is AED 70,000 a year: a gross yield of 10.4% on the 2013 price, before the service charge of about AED 9,900 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the one-bed median of each year in the building.
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 402 sits
All 226 1-beds →402 last sold in April 2013 at AED 930 per sqft, 7% below what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,002). 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. 402's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 834 sqft | 1,260,000 | 1,510 | ||
| 9 Sep 20269 September 2026 | 834 sqft | 1,020,000 | 1,223 | ||
| 5 Aug 20265 August 2026 | 709 sqft | 18,112 | 25 | ||
| 30 Jul 202630 July 2026 | 850 sqft | 1,000,000 | 1,175 |
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 4th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,153 sqft | AED 1.7MAED 1,698,000 · Aug 2024August 2024 | 140,000 /yr | |
| 403 | 1-bed | 850 sqft | AED 811KAED 811,352 · Mar 2013March 2013 | 74,550 /yr | |
| 404 | 1-bed | 709 sqft | AED 1.04MAED 1,042,500 · Jun 2025June 2025 | 65,000 /yr | |
| 405 | 2-bed | 1,292 sqft | AED 617KAED 616,980 · Jun 2013June 2013 | 115,000 /yr | |
| 406 | 1-bed | 831 sqft | AED 638KAED 637,500 · Apr 2014April 2014 | 60,000 /yr | |
| 407 | 2-bed | 1,153 sqft | AED 1.05MAED 1,048,416 · Feb 2013February 2013 | 115,000 /yr | |
| 408 | 1-bed | 709 sqft | AED 1.12MAED 1,120,000 · Mar 2014March 2014 | 82,000 /yr | |
| 409 | 1-bed | 850 sqft | AED 1MAED 1,000,000 · Jul 2026July 2026 | 72,000 /yr | |
| 410 | 1-bed | 709 sqft | AED 676KAED 675,830 · Feb 2013February 2013 | 76,000 /yr | |
| 411 | 2-bed | 1,295 sqft | AED 1.6MAED 1,600,000 · Nov 2017November 2017 | 128,000 /yr | |
| 412 | 1-bed | 835 sqft | AED 633KAED 632,500 · Jun 2020June 2020 | 75,000 /yr |
402, Lakeside Residence Tower in numbers
- Sold once: by Al Manal Development on 15 April 2013 for AED 669,781, or AED 930 per sqft.
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2021 and recovered to AED 70,000 by April 2024.
- At AED 70,000 a year the gross yield on the 2013 price is 10.4%, before a service charge of about AED 9,900 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 16 April 2024.
Questions about 402, Lakeside Residence Tower
What did unit 402 last sell for?
AED 669,781 on 15 April 2013, sold by the developer: AED 930 per sqft for 720 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 70,000 a year on the contract signed on 16 April 2024. The previous contract, from September 2023, was AED 65,000; the unit has been rented since March 2019.
How big is unit 402?
720 sqft (66.9 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2012.
What is unit 402 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 402, Lakeside Residence Tower
Starts from the last sale price (AED 670K, 15 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 669,781
- Deposit, UAE resident (20%)
- AED 133,956
- Deposit, non-resident (40%)
- AED 267,912
- Monthly over 25 years at 3.7%
- AED 2,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →