1-bed · 835 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2012

412, Lakeside Residence Tower

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 16 June 2020
Last soldAED 633K16 June 2020
Current rentAED 75K /yr7 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Lakeside Residence Tower

What is 412 worth today?

Last sold for AED 632,500 in 2020

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16 Jun 2020SoldReady
AED 632,500AED 757 per sqft
7 Sep 2019RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
7 Sep 2018RentedRenewal
AED 78,000/yr12 months · AED 93 per sqft
7 Sep 2017RentedNew contract
AED 83,000/yr12 months · AED 99 per sqft
15 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
15 Aug 2014RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
15 Aug 2013RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
15 Apr 2013Sold by developerReady
AED 860,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 16 June 2020.

Key facts

Type
1-bed apartment
Size
835 sqft
Floor
4th of 34
Parking
B2/05
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,400 /yr
Last sold
AED 633K · June 2020

About 412, Lakeside Residence Tower

412 is a one-bedroom apartment of 835 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. It last sold on 16 June 2020 for AED 632,500, or AED 757 per sqft, 7% below the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 7 September 2019, is AED 75,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 11,400 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, April 2013: AED 860,000 (AED 1,030 per sqft)Sold, June 2020: AED 632,500 (AED 757 per sqft)

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

Rents
Unit 412, 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, August 2013: AED 85,000 a yearNew contract, August 2014: AED 85,000 a yearNew contract, August 2016: AED 85,000 a yearNew contract, September 2017: AED 83,000 a yearRenewal, September 2018: AED 78,000 a yearRenewal, September 2019: AED 75,000 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 412 sits

All 226 1-beds →

412 last sold in June 2020 at AED 757 per sqft, 7% below what one-beds in Lakeside Residence Tower were fetching at the time (AED 816). 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. 412's AED 75,000 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 4th floor

All 358 units in Lakeside Residence Tower
Value
4012-bedAED 1.7M · Aug 2024
4021-bedAED 670K · Apr 2013
4031-bedAED 811K · Mar 2013
4041-bedAED 1.04M · Jun 2025
4052-bedAED 617K · Jun 2013
4061-bedAED 638K · Apr 2014
4072-bedAED 1.05M · Feb 2013
1–7 of 11

412, Lakeside Residence Tower in numbers

  • Sold twice: first on 15 April 2013 for AED 860,000, last on 16 June 2020 for AED 632,500 (AED 757 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 85,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 11,400 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 June 2020.

Questions about 412, Lakeside Residence Tower

What did unit 412 last sell for?

AED 632,500 on 16 June 2020: AED 757 per sqft for 835 sqft. The unit has 2 registered sales; the first was AED 860,000 in April 2013.

What is the rent for unit 412?

AED 75,000 a year on the contract renewed on 7 September 2019. The previous contract, from September 2018, was AED 78,000; the unit has been rented since August 2013.

How big is unit 412?

835 sqft (77.6 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2012.

What is unit 412 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 412, Lakeside Residence Tower

Starts from the last sale price (AED 633K, 16 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 632,500
Deposit, UAE resident (20%)
AED 126,500
Deposit, non-resident (40%)
AED 253,000
Monthly over 25 years at 3.7%
AED 2,588

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