1-bed · 850 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 5th floor · completed 2012

503, Lakeside Residence Tower

Sold prices and rental history: sold 5 times, last in April 2025, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.45M15 April 2025
Current rentAED 70K /yr2 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Lakeside Residence Tower

What is 503 worth today?

Last sold for AED 1,450,000 in 2025

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15 Apr 2025SoldReady
AED 1,450,000AED 1,705 per sqft
9 Oct 2024SoldReady
AED 850,000AED 999 per sqft
2 Oct 2022RentedNew contract
AED 69,812/yr12 months · AED 82 per sqft
30 Aug 2022SoldReady
AED 700,000AED 823 per sqft
15 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
15 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
30 Jul 2017SoldReady
AED 550,000AED 646 per sqft
20 May 2013Sold by developerReady
AED 836,627AED 983 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
5th of 34
Parking
B2/08
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,600 /yr
Last sold
AED 1.45M · April 2025

About 503, Lakeside Residence Tower

503 is a one-bedroom apartment of 850 sqft on the 5th 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 15 April 2025 for AED 1,450,000, or AED 1,705 per sqft, 20% above the AED 1,425 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 2 October 2022, is AED 69,812 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Lakeside Residence Tower
500K1M1.5M2012201620202024Typical 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 836,627 (AED 983 per sqft)Sold, July 2017: AED 550,000 (AED 646 per sqft)Sold, August 2022: AED 700,000 (AED 823 per sqft)Sold, October 2024: AED 850,000 (AED 999 per sqft)Sold, April 2025: AED 1,450,000 (AED 1,705 per sqft)

503 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, 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 2017: AED 80,000 a yearNew contract, September 2018: AED 70,000 a yearNew contract, October 2022: AED 69,812 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 503 sits

All 226 1-beds →

503 last sold in April 2025 at AED 1,705 per sqft, 20% above what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,425). 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. 503's AED 69,812 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 5th floor

All 358 units in Lakeside Residence Tower
Value
5012-bedAED 1.08M · Apr 2013
5021-bedAED 729K · Feb 2013
5041-bedAED 920K · Dec 2016
5052-bedAED 1.55M · Apr 2016
5061-bedAED 800K · Jul 2019
5072-bedAED 680K · Jan 2017
5081-bedAED 671K · Feb 2013
1–7 of 11

503, Lakeside Residence Tower in numbers

  • Sold 5 times: first on 20 May 2013 for AED 836,627, last on 15 April 2025 for AED 1,450,000 (AED 1,705 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 80,000 to AED 69,812 a year.
  • At AED 69,812 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 11,600 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 15 April 2025.

Questions about 503, Lakeside Residence Tower

What did unit 503 last sell for?

AED 1,450,000 on 15 April 2025: AED 1,705 per sqft for 850 sqft. The unit has 5 registered sales; the first was AED 836,627 in May 2013.

What is the rent for unit 503?

AED 69,812 a year on the contract signed on 2 October 2022. The previous contract, from September 2018, was AED 70,000; the unit has been rented since August 2017.

How big is unit 503?

850 sqft (79.0 sqm): a one-bedroom apartment on the 5th floor of a 34-storey tower completed in 2012.

What is unit 503 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 503, Lakeside Residence Tower

Starts from the last sale price (AED 1.45M, 15 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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