1-bed · 709 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2012

710, Lakeside Residence Tower

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 7 December 2020
Last soldAED 690K25 March 2013
Current rentAED 42K /yr7 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Lakeside Residence Tower

What is 710 worth today?

Last sold for AED 690,000 in 2013

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7 Dec 2020RentedRenewal
AED 42,000/yr12 months · AED 59 per sqft
7 Dec 2019RentedNew contract
AED 52,000/yr12 months · AED 73 per sqft
20 Nov 2018RentedNew contract
AED 67,000/yr12 months · AED 94 per sqft
15 Jul 2018RentedNew contract
AED 62,000/yr12 months · AED 87 per sqft
16 Jun 2017RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
28 May 2016RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
15 May 2015RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
15 May 2014RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 7 December 2020.

Key facts

Type
1-bed apartment
Size
709 sqft
Floor
7th of 34
Parking
P.L.0/0073
Developer
Al Manal Development
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 690K · March 2013

About 710, Lakeside Residence Tower

710 is a one-bedroom apartment of 709 sqft on the 7th floor of Lakeside Residence Tower, a 34-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Al Manal Development. The developer sold it on 25 March 2013 for AED 690,000, or AED 973 per sqft, in line with the AED 1,002 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 7 December 2020, is AED 42,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, March 2013: AED 690,000 (AED 973 per sqft)

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

Rents
Unit 710, each contractTypical one-bed in Lakeside Residence Tower
40K60K80K2013201720212025Typical 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, May 2014: AED 60,000 a yearRenewal, May 2015: AED 65,000 a yearNew contract, May 2016: AED 75,000 a yearNew contract, June 2017: AED 75,000 a yearNew contract, July 2018: AED 62,000 a yearNew contract, November 2018: AED 67,000 a yearNew contract, December 2019: AED 52,000 a yearRenewal, December 2020: AED 42,000 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 710 sits

All 226 1-beds →

710 last sold in March 2013 at AED 973 per sqft, in line with what one-beds in Lakeside Residence Tower were fetching at the time (AED 1,002). 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. 710's AED 42,000 is at the bottom 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 7th floor

All 358 units in Lakeside Residence Tower
Value
7012-bedAED 1.7M · Nov 2013
7021-bedAED 674K · Feb 2013
7031-bedAED 417K · Jul 2013
7041-bedAED 726K · Apr 2013
7052-bedAED 1.95M · Oct 2026
7061-bedAED 815K · Feb 2013
7072-bedAED 1.06M · Feb 2013
1–7 of 11

710, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 25 March 2013 for AED 690,000, or AED 973 per sqft.
  • Rented since May 2014 on 8 Ejari contracts, from AED 60,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 9,700 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 7 December 2020.

Questions about 710, Lakeside Residence Tower

What did unit 710 last sell for?

AED 690,000 on 25 March 2013, sold by the developer: AED 973 per sqft for 709 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 42,000 a year on the contract renewed on 7 December 2020. The previous contract, from December 2019, was AED 52,000; the unit has been rented since May 2014.

How big is unit 710?

709 sqft (65.9 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2012.

What is unit 710 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 710, Lakeside Residence Tower

Starts from the last sale price (AED 690K, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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