Studio Below Market in Lakeside, IMPZ with 8.3% Rental Yield

Property Overview

This studio apartment in Lakeside Residence, Dubai Production City (IMPZ) is asking AED 420,000. The unit provides 374 sq.ft at AED 1,123 per sq.ft and is currently rented at AED 35,000 per year, producing a gross rental yield of approximately 8.3%. Property Finder shows the average Lakeside Residence studio selling price at AED 446,000, placing this unit AED 26,000 (5.8%) below the average. The unit is offered as a tenanted investment opportunity.

Property Highlights

• Type: Studio apartment
• Size: 374 sq.ft
• Current annual rent: AED 35,000
• Gross rental yield: 8.3%
• Asking price: AED 420,000
• Rate: AED 1,123 per sq.ft
• Tenanted investment

Investment and Yield Analysis

At AED 420,000 with a current rent of AED 35,000 per year, this studio produces a gross rental yield of approximately 8.3%. Bayut reports that Lakeside studios can achieve ROI of up to 9.14%, and this unit's yield sits firmly within that high-yield bracket.

Lakeside is one of the most liquid studio markets in Dubai Production City, with 146 studio DLD transactions recorded over the past 12 months. This volume indicates sustained investor and end-user demand, reducing the risk of extended holding periods for buyers who may wish to resell in the future.

The rental income should be verified against the current tenancy contract, including the lease expiry date, tenant notice provisions, and whether the rent has been recently adjusted.

Why the Price Qualifies as Below Market

Property Finder shows the average selling price for studios in Lakeside Residence at AED 446,000, with listings starting from AED 395,000. Bayut reports a six-month average asking price of AED 435,005, with a +1% change over that period. At AED 420,000, this unit is priced below both the PF and Bayut averages.

For transparency, Bayut also reports the DLD average sale price for Lakeside studios at AED 392,180 over the past 12 months. This means actual completed transactions have averaged lower than this asking price. The gap between asking averages (AED 435,000 to AED 446,000) and transaction averages (AED 392,180) is common in the market and reflects negotiation between listing and closing prices. Buyers should consider both data points when assessing value.

About Lakeside Residence and Dubai Production City

Lakeside Residence is a four-tower residential complex in Dubai Production City, comprising Towers A, B, C, and D. The towers offer studio, one and two bedroom apartments with balconies, built-in wardrobes, open kitchens, and central air conditioning. Building amenities include a swimming pool, gymnasium, sauna, steam room, children's play area, landscaped garden, jogging track, BBQ areas, and covered parking with 24-hour security.

Dubai Production City (formerly IMPZ) is a mixed-use freehold community located off Sheikh Mohammed Bin Zayed Road. The community hosts media production, commercial, and residential developments. City Centre Me'aisem shopping mall is within walking distance, providing retail, dining, and cinema facilities. The community offers affordable entry points into Dubai's property market while maintaining strong rental demand from the working population in the surrounding business districts.

Verification Notes

The unit type, size, rental amount, and asking price are sourced from the agent's resale brief received on 14 August 2026. The exact tower within Lakeside Residence, floor number, bathroom count, and furnishing status were not stated and have been omitted. The current rent of AED 35,000 per year should be verified against the tenancy contract. The below-market comparison uses Property Finder (avg AED 446,000) and Bayut (avg asking AED 435,005) data for Lakeside studios, with the DLD transaction average of AED 392,180 disclosed for context. Buyers should verify the tenancy terms, inspect the unit, and obtain an independent valuation before proceeding.