1-bed · 979 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2009

1007, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 925K29 April 2025
Current rentAED 68K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Lakepoint Tower

What is 1007 worth today?

Last sold for AED 925,000 in 2025

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29 Apr 2025SoldReady
AED 925,000AED 944 per sqft
1 Dec 2024RentedRenewal
AED 67,959/yr8 months · AED 69 per sqft
5 Feb 2024SoldReady
AED 750,000AED 766 per sqft
5 Feb 2024RentedNew contract
AED 58,779/yr10 months · AED 60 per sqft
29 Nov 2023RentedRenewal
AED 58,800/yr12 months · AED 60 per sqft
29 Nov 2022RentedNew contract
AED 56,000/yr12 months · AED 57 per sqft
24 Oct 2021RentedNew contract
AED 39,000/yr12 months · AED 40 per sqft
10 Aug 2020RentedRenewal
AED 42,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
10th of 44
Parking
DMCC-3171
Developer
GGICO
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 925K · April 2025

About 1007, Lakepoint Tower

1007 is a one-bedroom apartment of 979 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 29 April 2025 for AED 925,000, or AED 944 per sqft, 6% above the AED 888 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 67,959 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Lakepoint Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 643,857; 2010 AED 729,450; 2011 AED 635,753; 2012 AED 580,000; 2013 AED 708,448; 2014 AED 960,000; 2015 AED 915,000; 2016 AED 885,000; 2017 AED 870,000; 2018 AED 740,000; 2019 AED 665,000; 2020 AED 520,000; 2021 AED 513,750; 2022 AED 550,000; 2023 AED 690,000; 2024 AED 800,000; 2025 AED 905,000; 2026 AED 975,000Sold by developer, February 2010: AED 686,342 (AED 701 per sqft)Sold, February 2024: AED 750,000 (AED 766 per sqft)Sold, April 2025: AED 925,000 (AED 944 per sqft)

1007 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Lakepoint Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 76,295; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 44,250; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, February 2014: AED 77,000 a yearNew contract, August 2017: AED 70,000 a yearNew contract, August 2018: AED 57,000 a yearRenewal, August 2019: AED 52,000 a yearRenewal, August 2020: AED 42,000 a yearNew contract, October 2021: AED 39,000 a yearNew contract, November 2022: AED 56,000 a yearRenewal, November 2023: AED 58,800 a yearNew contract, February 2024: AED 58,779 a yearRenewal, December 2024: AED 67,959 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 Lakepoint Tower, and where 1007 sits

All 288 1-beds →

1007 last sold in April 2025 at AED 944 per sqft, 6% above what one-beds in Lakepoint Tower were fetching at the time (AED 888). 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. 1007's AED 67,959 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,000,000
8 Oct 2026920,000
21 Aug 20261,055,000
16 Jul 20261,010,000
19 1-bed sales in the last 12 months

Lakepoint Tower

Building

413 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%
Lakepoint Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 413 units in Lakepoint Tower
Value
10011-bedAED 681K · Sep 2013
10021-bedAED 700K · Mar 2013
10031-bedAED 700K · Sep 2024
10041-bedAED 627K · Jun 2013
10051-bedAED 392K · Sep 2018
10061-bedAED 601K · Nov 2014
10081-bedAED 880K · May 2017
1–7 of 11

1007, Lakepoint Tower in numbers

  • Sold 3 times: first on 4 February 2010 for AED 686,342, last on 29 April 2025 for AED 925,000 (AED 944 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 77,000 to AED 39,000 in 2021 and recovered to AED 67,959 by December 2024.
  • At AED 67,959 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 12,500 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 29 April 2025.

Questions about 1007, Lakepoint Tower

What did unit 1007 last sell for?

AED 925,000 on 29 April 2025: AED 944 per sqft for 979 sqft. The unit has 3 registered sales; the first was AED 686,342 in February 2010.

What is the rent for unit 1007?

AED 67,959 a year on the contract renewed on 1 December 2024. The previous contract, from February 2024, was AED 58,779; the unit has been rented since February 2014.

How big is unit 1007?

979 sqft (91.0 sqm): a one-bedroom apartment on the 10th floor of a 44-storey tower completed in 2009.

What is unit 1007 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 1007, Lakepoint Tower

Starts from the last sale price (AED 925K, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →