1005, Lakepoint Tower
Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Lakepoint Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 490 sqft
- Floor
- 10th of 44
- Parking
- B1-10
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 6,300 /yr
- Last sold
- AED 392K · September 2018
- Building
- Lakepoint Tower
About 1005, Lakepoint Tower
1005 is a one-bedroom apartment of 490 sqft on the 10th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 26 September 2018 for AED 391,634, or AED 799 per sqft, in line with the AED 817 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 58,000 a year: a gross yield of 14.8% on the 2018 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lakepoint Tower, and where 1005 sits
All 288 1-beds →1005 last sold in September 2018 at AED 799 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 817). Over the last 12 months one-beds sold for AED 748,549 to 1,202,127, around AED 1,021 per sqft, and rent for AED 30,000 to 135,000 a year. 1005's AED 58,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
Lakepoint Tower
Building413 apartments, 1-bed to 3-bed over 44 floors in Jumeirah Lake Towers (JLT), completed in 2009 by GGICO. 29 sold in the last 12 months.
- Typical price per sqft
- AED 1,054 Up 9.1%
- Typical sale
- AED 1.01M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.2%
Other units on the 10th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 979 sqft | AED 681KAED 681,447 · Sep 2013September 2013 | 70,000 /yr | |
| 1002 | 1-bed | 901 sqft | AED 700KAED 700,000 · Mar 2013March 2013 | 70,000 /yr | |
| 1003 | 1-bed | 973 sqft | AED 700KAED 700,000 · Sep 2024September 2024 | 44,000 /yr | |
| 1004 | 1-bed | 901 sqft | AED 627KAED 626,748 · Jun 2013June 2013 | 65,000 /yr | |
| 1006 | 1-bed | 851 sqft | AED 601KAED 600,806 · Nov 2014November 2014 | 65,000 /yr | |
| 1007 | 1-bed | 979 sqft | AED 925KAED 925,000 · Apr 2025April 2025 | 67,959 /yr | |
| 1008 | 1-bed | 901 sqft | AED 880KAED 880,000 · May 2017May 2017 | 35,000 /yr | |
| 1009 | 1-bed | 973 sqft | AED 850KAED 850,000 · Aug 2024August 2024 | 50,000 /yr | |
| 1010 | 1-bed | 901 sqft | AED 764KAED 763,624 · Oct 2009October 2009 | 83,000 /yr | |
| 1011 | 1-bed | 979 sqft | AED 650KAED 650,000 · Apr 2013April 2013 | ||
| 1012 | 1-bed | 851 sqft | AED 950KAED 950,000 · Sep 2014September 2014 | 70,000 /yr |
1005, Lakepoint Tower in numbers
- Sold twice: first on 30 August 2010 for AED 343,171, last on 26 September 2018 for AED 391,634 (AED 799 per sqft).
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2021 and recovered to AED 58,000 by October 2025.
- At AED 58,000 a year the gross yield on the 2018 price is 14.8%, before a service charge of about AED 6,300 a year (AED 12.80 per sqft).
- One-beds in Lakepoint Tower sold for AED 748,549–1,202,127 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 1005, Lakepoint Tower
What did unit 1005 last sell for?
AED 391,634 on 26 September 2018: AED 799 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 343,171 in August 2010.
What is the rent for unit 1005?
AED 58,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 56,160; the unit has been rented since March 2019.
How big is unit 1005?
490 sqft (45.5 sqm): a one-bedroom apartment on the 10th floor of a 44-storey tower completed in 2009.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakepoint Tower sold for AED 748,549 to 1,202,127 in the last 12 months, around AED 1,021 per sqft.
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Mortgage on 1005, Lakepoint Tower
Starts from the last sale price (AED 392K, 26 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 391,634
- Deposit, UAE resident (20%)
- AED 78,327
- Deposit, non-resident (40%)
- AED 156,654
- Monthly over 25 years at 3.7%
- AED 1,602
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →