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Lakeside Tower

Buying Property in Lakeside Tower

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About the project

250,000 AED Starting Price from
1BR Available Units
365 Area from
(sq. ft.)
Ready Handover

Lakeside Tower is a multifunctional residential complex in Dubai Production City. Properties include comfortable studios and spacious one-bedroom apartments. The project was implemented by DAMAC Properties, a well-known Dubai-based real estate developer, and it consists of four 22-storey buildings.

The buildings are linked by a three-storey podium. The exteriors and finishes were done using a restrained style that fits well with the surrounding landscape. Units feature large panoramic windows with beautiful views of the area.

Lakeside Tower offers a variety of amenities, including:

  • 24-hour security with video surveillance
  • Fire alarm systems
  • High-speed elevators
  • Parking for residents and guests
  • Landscaped garden
  • Modern gym
  • Communal swimming pool

Properties are available to buy and rent. One-bedroom apartments range in size from 595 sq. ft (55.2 sq. m)  to 811 sq. ft (75.3 sq. m), and studios range in size from 365 sq. ft (33.9 sq. m) to 490 sq. ft (45.5 sq. m).

Units come fully furnished and equipped with appliances. Many of the apartments have spacious terraces, and a few units have balconies off the living rooms and bedrooms.

Studios range in price from AED 250,000 (USD 68,000) to AED 375,000 (USD 102,000), and one-bedroom apartments range in price from AED 380,000 (USD 103,000) to AED 500,000 (USD 136,000).

*The price is valid for 2021

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Location

Lakeside Tower is situated in the upscale residential area of Dubai Production City, which is also known as the International Media Production Zone.

The complex is located near Emirates Road, which provides easy access to other parts of the city. Residents can take advantage of nearby public transportation, and buses, the Metro, and taxis can be found within walking distance of the residences.

Dubai International Airport is located within a 10-minute drive of the complex, and the Mall of the Emirates can be reached within a 15-minute drive.

The community offers a well-developed infrastructure with a selection of pharmacies, medical clinics, schools, and kindergartens.

The most popular shopping centre in Dubai Production City is Centre Me’aisem. It features retail stores and boutiques. For groceries, residents can shop at West Zone, which offers fresh food and essentials for the home.

Residents can enjoy exceptional dining options, such as the Big Wok Chinese and Leila, which are located within walking distance of the residences. Dubai International Stadium can be reached within a five-minute walk, and there are various entertainment venues at the Me’aisem City Centre.

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Return on investment

Lakeside Tower offers many profitable real estate investment opportunities. Studios can generate a rental income with a return rate of 8.1%, and one-bedroom apartments can have a return rate of 8.5%. For this reason, property buyers can feel confident about their investments.

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