505, Lakeside Residence Tower
Sold prices and rental history: sold twice, last in April 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Lakeside Residence Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 April 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,292 sqft
- Floor
- 5th of 34
- Parking
- B2/10
- Developer
- Al Manal Development
- Completed
- 2012
- Service charge
- AED 17,700 /yr
- Last sold
- AED 1.55M · April 2016
- Building
- Lakeside Residence Tower
About 505, Lakeside Residence Tower
505 is a two-bedroom apartment of 1,292 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 25 April 2016 for AED 1,550,000, or AED 1,200 per sqft, in line with the AED 1,200 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 18 July 2014, is AED 115,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 17,700 a year.
Sales and rents for 505 over time
505 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 505 sits
All 132 2-beds →505 last sold in April 2016 at AED 1,200 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 1,200). 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. 505's AED 115,000 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 5th floor
All 358 units in Lakeside Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,153 sqft | AED 1.08MAED 1,077,836 · Apr 2013April 2013 | 105,289 /yr | |
| 502 | 1-bed | 720 sqft | AED 729KAED 728,652 · Feb 2013February 2013 | 76,000 /yr | |
| 503 | 1-bed | 850 sqft | AED 1.45MAED 1,450,000 · Apr 2025April 2025 | 69,812 /yr | |
| 504 | 1-bed | 709 sqft | AED 920KAED 920,000 · Dec 2016December 2016 | 77,000 /yr | |
| 506 | 1-bed | 831 sqft | AED 800KAED 800,000 · Jul 2019July 2019 | 74,586 /yr | |
| 507 | 2-bed | 1,153 sqft | AED 680KAED 680,000 · Jan 2017January 2017 | 110,000 /yr | |
| 508 | 1-bed | 709 sqft | AED 671KAED 671,000 · Feb 2013February 2013 | 75,000 /yr | |
| 509 | 1-bed | 850 sqft | AED 791KAED 790,904 · Mar 2013March 2013 | 45,000 /yr | |
| 510 | 1-bed | 709 sqft | AED 641KAED 641,000 · Jun 2013June 2013 | 70,000 /yr | |
| 511 | 2-bed | 1,295 sqft | AED 990KAED 990,000 · Jun 2021June 2021 | 110,000 /yr | |
| 512 | 1-bed | 835 sqft | AED 1.17MAED 1,166,000 · Oct 2025October 2025 | 85,000 /yr |
505, Lakeside Residence Tower in numbers
- Sold twice: first on 25 August 2013 for AED 1,247,353, last on 25 April 2016 for AED 1,550,000 (AED 1,200 per sqft).
- Rented since July 2013 on 2 Ejari contracts, from AED 98,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2016 price is 7.4%, 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 25 April 2016.
Questions about 505, Lakeside Residence Tower
What did unit 505 last sell for?
AED 1,550,000 on 25 April 2016: AED 1,200 per sqft for 1,292 sqft. The unit has 2 registered sales; the first was AED 1,247,353 in August 2013.
What is the rent for unit 505?
AED 115,000 a year on the contract signed on 18 July 2014. The previous contract, from July 2013, was AED 98,000.
How big is unit 505?
1,292 sqft (120.0 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2012.
What is unit 505 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 505, Lakeside Residence Tower
Starts from the last sale price (AED 1.55M, 25 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →