1-bed · 686 sqftLakeside Towers A, Dubai Production City (IMPZ) · 20th floor · completed 2014

2002, Lakeside Towers A

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 23 November 2018
Last soldAED 700K19 October 2014
Current rentAED 40K /yr23 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Lakeside Towers A

What is 2002 worth today?

Last sold for AED 700,000 in 2014

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23 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
16 Aug 2017RentedRenewal
AED 50,000/yr12 months · AED 73 per sqft
16 Aug 2016RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
16 Aug 2015RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
19 Oct 2014Sold by developerOff-plan
AED 700,000AED 1,020 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2018.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
20th of 22
Parking
P2-100
Developer
The Waves
Completed
2014
Service charge
AED 9,400 /yr
Last sold
AED 700K · October 2014

About 2002, Lakeside Towers A

2002 is a one-bedroom apartment of 686 sqft on the 20th floor of Lakeside Towers A, a 22-storey tower in Dubai Production City (IMPZ) completed in 2014 by The Waves. The developer sold it on 19 October 2014 for AED 700,000, or AED 1,020 per sqft, in line with the AED 1,020 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 23 November 2018, is AED 40,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 9,400 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical one-bed in Lakeside Towers A
400K600K2009201420192024Typical sale price by year: 2009 AED 694,000; 2010 AED 661,600; 2013 AED 572,805; 2014 AED 720,500; 2015 AED 625,000; 2016 AED 525,000; 2017 AED 590,000; 2018 AED 460,000; 2019 AED 435,000; 2021 AED 336,442; 2022 AED 326,500; 2023 AED 400,000; 2024 AED 510,000; 2025 AED 530,000; 2026 AED 590,000Sold by developer, October 2014: AED 700,000 (AED 1,020 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Lakeside Towers A
20K40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 34,155; 2024 AED 42,000; 2025 AED 48,000; 2026 AED 48,000New contract, August 2015: AED 60,000 a yearRenewal, August 2016: AED 60,000 a yearRenewal, August 2017: AED 50,000 a yearNew contract, November 2018: AED 40,000 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 Towers A, and where 2002 sits

All 126 1-beds →

2002 last sold in October 2014 at AED 1,020 per sqft, in line with what one-beds in Lakeside Towers A were fetching at the time (AED 1,020). Over the last 12 months one-beds sold for AED 520,000 to 655,000, around AED 806 per sqft, and rent for AED 39,675 to 72,000 a year. 2002's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 2026590,000
13 Feb 2026655,000
22 Jan 2026590,000
16 Jan 2026520,000
5 1-bed sales in the last 12 months

Lakeside Towers A

Building

484 apartments, studios to 1-bed over 22 floors in Dubai Production City (IMPZ), completed in 2014 by The Waves. 12 sold in the last 12 months.

Typical price per sqft
AED 1,042 Up 7.0%
Typical sale
AED 423K
Typical rent
AED 37K /yr
Typical yield
8.5%
Lakeside Towers A, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 20th floor

All 484 units in Lakeside Towers A
Value
20011-bedAED 1.13M · May 2009
2003StudioAED 516K · Jun 2014
2004AED 410K · Oct 2025
2005StudioAED 509K · Jun 2014
2006StudioAED 354K · Oct 2013
2007StudioAED 365K · Feb 2025
2008StudioAED 400K · Oct 2016
1–7 of 21

2002, Lakeside Towers A in numbers

  • Sold once: by The Waves on 19 October 2014 for AED 700,000, or AED 1,020 per sqft.
  • Rented since August 2015 on 4 Ejari contracts, from AED 60,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 9,400 a year (AED 13.70 per sqft).
  • One-beds in Lakeside Towers A sold for AED 520,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 1,042 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2018.

Questions about 2002, Lakeside Towers A

What did unit 2002 last sell for?

AED 700,000 on 19 October 2014, sold by the developer: AED 1,020 per sqft for 686 sqft. It is the only registered sale of the unit.

What is the rent for unit 2002?

AED 40,000 a year on the contract signed on 23 November 2018. The previous contract, from August 2017, was AED 50,000; the unit has been rented since August 2015.

How big is unit 2002?

686 sqft (63.7 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2014.

What is unit 2002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakeside Towers A sold for AED 520,000 to 655,000 in the last 12 months, around AED 806 per sqft.

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Mortgage on 2002, Lakeside Towers A

Starts from the last sale price (AED 700K, 19 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →