1-bed · 831 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2012

606, Lakeside Residence Tower

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 1.22M16 September 2014
Current rentAED 80K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Lakeside Residence Tower

What is 606 worth today?

Last sold for AED 1,220,000 in 2014

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16 Jun 2023RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
17 Jun 2022RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
8 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
1 Apr 2016RentedNew contract
AED 250,000/yr12 months · AED 302 per sqft
16 Sep 2014SoldReady
AED 1,220,000AED 1,467 per sqft
3 Feb 2013Sold by developerReady
AED 789,118AED 949 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
6th of 34
Parking
B2/23
Developer
Al Manal Development
Completed
2012
Service charge
AED 11,400 /yr
Last sold
AED 1.22M · September 2014

About 606, Lakeside Residence Tower

606 is a one-bedroom apartment of 831 sqft on the 6th 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 September 2014 for AED 1,220,000, or AED 1,467 per sqft, 23% above the AED 1,197 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 16 June 2023, is AED 80,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 11,400 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Lakeside Residence Tower
1M2012201620202024Typical 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, February 2013: AED 789,118 (AED 949 per sqft)Sold, September 2014: AED 1,220,000 (AED 1,467 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in Lakeside Residence Tower
100K200K2013201720212025Typical 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, April 2016: AED 250,000 a yearNew contract, April 2022: AED 65,000 a yearNew contract, June 2022: AED 70,000 a yearNew contract, June 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 606 sits

All 226 1-beds →

606 last sold in September 2014 at AED 1,467 per sqft, 23% above what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,197). 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. 606'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 6th floor

All 358 units in Lakeside Residence Tower
Value
6012-bedAED 1.8M · Aug 2026
6021-bedAED 679K · Apr 2013
6031-bedAED 1.1M · Sep 2024
6041-bedAED 1.12M · Aug 2024
6052-bedAED 1.23M · Apr 2013
6072-bedAED 1.06M · Feb 2013
6081-bedAED 400K · Apr 2015
1–7 of 11

606, Lakeside Residence Tower in numbers

  • Sold twice: first on 3 February 2013 for AED 789,118, last on 16 September 2014 for AED 1,220,000 (AED 1,467 per sqft).
  • Rented since April 2016 on 4 Ejari contracts. The rent fell from AED 250,000 to AED 65,000 in 2022 and recovered to AED 80,000 by June 2023.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.6%, 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 2023.

Questions about 606, Lakeside Residence Tower

What did unit 606 last sell for?

AED 1,220,000 on 16 September 2014: AED 1,467 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 789,118 in February 2013.

What is the rent for unit 606?

AED 80,000 a year on the contract signed on 16 June 2023. The previous contract, from June 2022, was AED 70,000; the unit has been rented since April 2016.

How big is unit 606?

831 sqft (77.2 sqm): a one-bedroom apartment on the 6th floor of a 34-storey tower completed in 2012.

What is unit 606 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 606, Lakeside Residence Tower

Starts from the last sale price (AED 1.22M, 16 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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