2-bed · 1,295 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2012

711, Lakeside Residence Tower

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

Unit 711 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 1.21M28 January 2013
Current rentAED 120K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Lakeside Residence Tower

What is 711 worth today?

Last sold for AED 1,214,696 in 2013

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20 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
1 Aug 2024RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
21 Sep 2022RentedRenewal
AED 77,000/yr12 months · AED 60 per sqft
21 Sep 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
21 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
17 Jul 2019RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
17 Jul 2018RentedRenewal
AED 108,000/yr12 months · AED 84 per sqft
17 Jul 2017RentedNew contract
AED 108,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
7th of 34
Parking
P.L.0/0074
Developer
Al Manal Development
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.21M · January 2013

About 711, Lakeside Residence Tower

711 is a two-bedroom apartment of 1,295 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 28 January 2013 for AED 1,214,696, or AED 938 per sqft, 5% below the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 20 September 2025, is AED 120,000 a year: a gross yield of 9.9% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical two-bed in Lakeside Residence Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,067,065; 2013 AED 1,195,080; 2014 AED 1,650,000; 2015 AED 1,525,000; 2016 AED 1,470,000; 2017 AED 1,475,000; 2018 AED 1,270,000; 2020 AED 925,000; 2021 AED 950,000; 2022 AED 1,140,000; 2023 AED 1,267,500; 2024 AED 1,640,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, January 2013: AED 1,214,696 (AED 938 per sqft)

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

Rents
Unit 711, each contractTypical two-bed in Lakeside Residence Tower
100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 68,000; 2022 AED 78,000; 2023 AED 88,935; 2024 AED 101,500; 2025 AED 114,260; 2026 AED 110,000New contract, February 2014: AED 123,000 a yearRenewal, February 2015: AED 123,000 a yearRenewal, February 2016: AED 123,000 a yearRenewal, August 2016: AED 123,665 a yearRenewal, February 2017: AED 123,000 a yearNew contract, July 2017: AED 108,000 a yearRenewal, July 2018: AED 108,000 a yearRenewal, July 2019: AED 90,000 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 70,000 a yearRenewal, September 2022: AED 77,000 a yearNew contract, August 2024: AED 115,000 a yearNew contract, September 2025: AED 120,000 a year

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 711 sits

All 132 2-beds →

711 last sold in January 2013 at AED 938 per sqft, 5% below what two-beds in Lakeside Residence Tower were fetching at the time (AED 991). 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. 711's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,950,000
4 Sep 20261,850,000
4 Sep 20261,780,000
25 Aug 20261,800,000
7 2-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

711, Lakeside Residence Tower in numbers

  • Sold once: by Al Manal Development on 28 January 2013 for AED 1,214,696, or AED 938 per sqft.
  • Rented since February 2014 on 13 Ejari contracts. The rent fell from AED 123,000 to AED 70,000 in 2021 and recovered to AED 120,000 by September 2025.
  • At AED 120,000 a year the gross yield on the 2013 price is 9.9%, 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 20 September 2025.

Questions about 711, Lakeside Residence Tower

What did unit 711 last sell for?

AED 1,214,696 on 28 January 2013, sold by the developer: AED 938 per sqft for 1,295 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 120,000 a year on the contract signed on 20 September 2025. The previous contract, from August 2024, was AED 115,000; the unit has been rented since February 2014.

How big is unit 711?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 7th floor of a 34-storey tower completed in 2012.

What is unit 711 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 711, Lakeside Residence Tower

Starts from the last sale price (AED 1.21M, 28 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,214,696
Deposit, UAE resident (20%)
AED 242,939
Deposit, non-resident (40%)
AED 485,878
Monthly over 25 years at 3.7%
AED 4,970

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