1-bed · 354 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2012

608, Lakeside Residence Tower

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 400K29 April 2015
Current rentAED 58K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Lakeside Residence Tower

What is 608 worth today?

Last sold for AED 400,000 in 2015

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15 Jul 2020RentedRenewal
AED 58,000/yr12 months · AED 82 per sqft
15 Jul 2019RentedRenewal
AED 58,000/yr12 months · AED 82 per sqft
15 Jul 2018RentedNew contract
AED 63,500/yr12 months · AED 89 per sqft
1 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
29 Apr 2015SoldReady
AED 400,000AED 1,128 per sqft
25 Aug 2013RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
18 Mar 2013Sold by developerReady
AED 680,220AED 959 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
1-bed apartment
Size
354 sqft
Floor
6th of 34
Parking
B2/25
Developer
Al Manal Development
Completed
2012
Service charge
AED 4,900 /yr
Last sold
AED 400K · April 2015

About 608, Lakeside Residence Tower

608 is a one-bedroom apartment of 354 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 29 April 2015 for AED 400,000, or AED 1,128 per sqft, 23% below the AED 1,460 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 58,000 a year: a gross yield of 14.5% on the 2015 price, before the service charge of about AED 4,900 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Lakeside Residence Tower
500K1M2012201620202024Typical 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, March 2013: AED 680,220 (AED 959 per sqft)Sold, April 2015: AED 400,000 (AED 1,128 per sqft)

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

Rents
Unit 608, 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 65,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, July 2018: AED 63,500 a yearRenewal, July 2019: AED 58,000 a yearRenewal, July 2020: AED 58,000 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 608 sits

All 226 1-beds →

608 last sold in April 2015 at AED 1,128 per sqft, 23% below what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,460). 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. 608's AED 58,000 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
6061-bedAED 1.22M · Sep 2014
6072-bedAED 1.06M · Feb 2013
1–7 of 11

608, Lakeside Residence Tower in numbers

  • Sold twice: first on 18 March 2013 for AED 680,220, last on 29 April 2015 for AED 400,000 (AED 1,128 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 65,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2015 price is 14.5%, before a service charge of about AED 4,900 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 15 July 2020.

Questions about 608, Lakeside Residence Tower

What did unit 608 last sell for?

AED 400,000 on 29 April 2015: AED 1,128 per sqft for 354 sqft. The unit has 2 registered sales; the first was AED 680,220 in March 2013.

What is the rent for unit 608?

AED 58,000 a year on the contract renewed on 15 July 2020. The previous contract, from July 2019, was AED 58,000; the unit has been rented since August 2013.

How big is unit 608?

354 sqft (32.9 sqm): a one-bedroom apartment on the 6th floor of a 34-storey tower completed in 2012.

What is unit 608 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 608, Lakeside Residence Tower

Starts from the last sale price (AED 400K, 29 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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