Lake Side Residence, JLT
Lake Side Residence is a 36-storey residential building in Cluster A of Jumeirah Lake Towers (JLT), Dubai, developed by Al Manal Development. Completed in December 2012, the tower holds 358 apartments, a mix of 226 one-bedroom and 132 two-bedroom units. This guide covers Lake Side Residence's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Al Manal Development
Storeys
36
Completed
December 2012
Location
JLT, Cluster A
Unit Types
1BR, 2BR
About Lake Side Residence
Lake Side Residence is a residential building in Cluster A of Jumeirah Lake Towers (JLT), within the Al Thanyah Fifth DLD-registered area of the wider DMCC Master Community. The tower was developed by Al Manal Development, with construction starting in August 2006 and completing in December 2012, standing approximately 129 metres tall across 36 storeys. It holds 358 apartments: 226 one-bedroom units and 132 two-bedroom units.
Developer is confirmed across Bayut, Propsearch and the developer's own site, manal.ae (3 independent sources, exact agreement). Storeys (36) and completion year (2012) are confirmed across Bayut and Propsearch (2 sources, exact agreement); the completion month (December 2012) and construction start (August 2006) are single-sourced to Propsearch. Height (approximately 129m) and the exact unit count/mix (358 total: 226 one-bedroom, 132 two-bedroom) are single-sourced to Bayut.
Location & Nearby Landmarks
Lake Side Residence sits in JLT's Cluster A, within the Al Thanyah Fifth DLD-registered area of the wider DMCC master community, alongside Cluster A neighbours Laguna Tower and Dubai Gate 2. The Movenpick Hotel Jumeirah Lakes Towers sits immediately next door, and The Walk at JBR is roughly 1.4 km away, with Madame Tussauds and the Ain Dubai Observation Wheel both about 2.1 km away. Schools within reach include Emirates International School Meadows, about 1.8 to 1.9 km away.
JLT has its own dedicated Royale Stays area guide covering location, connectivity and the wider rental market context: Airbnb management in JLT, Dubai. Lake Side Residence is joined by several other JLT towers Royale Stays already covers, including Banyan Tree Residences, Concorde Tower, and the similarly-named Lake City Tower, a distinct building in Cluster D. Lake Side Residence, Lake City Tower and Lake Point Tower are three separate JLT towers, not the same building under different names, and none of them are the same building as Lakeside in Dubai Production City, an unrelated development in a different part of Dubai that happens to share part of the name.
Unit Types
Lake Side Residence offers 358 apartments, split between 226 one-bedroom units and 132 two-bedroom units; no studios or three-bedroom units are recorded in the building. Per Bayut's floor-plan data (single-sourced, not independently cross-verified), one-bedroom units cover roughly 800 to 850 sq ft with up to 2 bathrooms, a master bedroom, a spacious hall, a kitchen and a balcony. Two-bedroom units cover roughly 1,152 to 1,255 sq ft, with two bedrooms each with an attached bathroom, a guest bathroom, a closed-concept kitchen, a living room and a balcony with lake views.
Amenities
Lake Side Residence offers a gym, a shared infinity pool with a steam room, a prayer hall, a dedicated event space for social gatherings, and a daycare centre with a play area. The building has 4 levels of basement parking with a dedicated spot per apartment, 24-hour security via electronic monitoring and licensed guards, and round-the-clock concierge and front-desk service. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Amenity details are confirmed on the core set (24-hour security, pool, gym, prayer room, parking, concierge) across Bayut's building guide and the developer's own site, manal.ae. The daycare centre, dedicated event space and steam room detail are Bayut-only, not independently cross-verified.
Transportation & Access
Lake Side Residence is around a 10-minute walk, or a 6-minute drive, from DMCC Metro Station, giving residents access to the Dubai Metro Red Line for onward connections across the city. The JLT Business Centre bus stop is roughly a 4 to 5-minute walk away, served by bus route JLT2, with several other stops (JLT Dome Tower, JLT Dubai Star Tower, DMCC Metro Station Landside) all under a 10-minute walk. By car, it is roughly 19 minutes to Dubai Mall, 11 minutes to Palm Jumeirah, 16 minutes to Burj Al Arab and 14 minutes to The Walk at JBR, with Dubai International Airport (DXB) around 27 minutes away and Al Maktoum International Airport (DWC) around 32 minutes away.
Metro walking/driving times and bus-stop proximity from Bayut. Drive times to city landmarks and both airports from Propsearch, calculated via Google Maps assuming typical traffic. Both sources are consistent, covering complementary distance metrics rather than overlapping figures.
Rental & Price Trends
Dubai Land Department transaction records show recent 2026 sales at Lake Side Residence. A one-bedroom unit of 850 sq ft sold on 30 July 2026 for AED 1,000,000, working out to roughly AED 1,176 per sq ft. A two-bedroom unit of 1,153 sq ft sold on 25 August 2026 for AED 1,800,000, roughly AED 1,561 per sq ft. Annual service charges are estimated at around AED 12.28 per sq ft, per the Dubai Land Department’s published service charge index, though this figure is subject to change.
Owners considering a unit at Lake Side Residence can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate.
Pricing drawn from Propsearch's live DLD 'Latest Transactions' feed, sourced directly from published Dubai Land Department open-data records rather than the portal's own estimate. Two genuine Sale-type transactions are used here. An earlier figure of 'around AED 1,440,000' was traced back to a Mortgage Registration transaction (same 1,153 sq ft unit, same date, 25 Aug 2026) rather than an arm's-length sale, so we did not use it, and we keep the two transaction types apart. One clear outlier transaction (a 709 sq ft unit recorded at AED 18,111) was excluded as almost certainly a non-market transfer, not representative pricing. Service charge figure single-sourced to Bayut's DLD-index citation.
Airbnb & Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Lake Side Residence, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Lake Side Residence would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Lake Side Residence has an active long-term rental market, with listings visible on major property portals, confirming ongoing demand for units in the building. Royale Stays does not currently have booking data specific to Lake Side Residence to draw on, so this guide does not present a building income figure it cannot support. For an owner weighing whether Airbnb makes sense for a unit at Lake Side Residence, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable JLT listings.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential. See Royale Stays' full guide to Airbnb property management in Dubai for the wider market picture.
Royale Stays does not yet have Lake Side Residence-specific portfolio data to draw on for this guide. No dedicated short-term-rental aggregator listing (e.g. Airbnb, Booking.com, OYO) for this building was found in a search of the top organic results; this section reflects long-term rental demand only, disclosed plainly rather than implying an STR signal that was not found.
Questions