1008, Lakepoint Tower
Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Lakepoint Tower
What is 1008 worth today?
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Source: Dubai Land Department. Updated 1 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 10th of 44
- Parking
- B2-71
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 880K · May 2017
- Building
- Lakepoint Tower
About 1008, Lakepoint Tower
1008 is a one-bedroom apartment of 901 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 25 May 2017 for AED 880,000, or AED 977 per sqft, 5% above the AED 927 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 35,000 a year: a gross yield of 4.0% on the 2017 price, before the service charge of about AED 11,500 a year.
Sales and rents for 1008 over time
1008 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 1008 sits
All 288 1-beds →1008 last sold in May 2017 at AED 977 per sqft, 5% above what one-beds in Lakepoint Tower were fetching at the time (AED 927). 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. 1008's AED 35,000 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 | |
| 1005 | 1-bed | 490 sqft | AED 392KAED 391,634 · Sep 2018September 2018 | 58,000 /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 | |
| 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 |
1008, Lakepoint Tower in numbers
- Sold twice: first on 18 March 2013 for AED 715,950, last on 25 May 2017 for AED 880,000 (AED 977 per sqft).
- Rented since January 2013 on 6 Ejari contracts, from AED 46,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2017 price is 4.0%, before a service charge of about AED 11,500 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 1 July 2023.
Questions about 1008, Lakepoint Tower
What did unit 1008 last sell for?
AED 880,000 on 25 May 2017: AED 977 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 715,950 in March 2013.
What is the rent for unit 1008?
AED 35,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2021, was AED 35,000; the unit has been rented since January 2013.
How big is unit 1008?
901 sqft (83.7 sqm): a one-bedroom apartment on the 10th floor of a 44-storey tower completed in 2009.
What is unit 1008 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 1008, Lakepoint Tower
Starts from the last sale price (AED 880K, 25 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →