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1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2009

1010, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in October 2009, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 15 September 2016
Last soldAED 764K5 October 2009
Current rentAED 83K /yr15 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1010, Lakepoint Tower

What is 1010 worth today?

Last sold for AED 763,624 in 2009

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15 Sep 2016RentedNew contract
AED 83,000/yr12 months · AED 92 per sqft
5 Oct 2009Sold by developerReady
AED 763,624AED 847 per sqft

Source: Dubai Land Department. Updated 15 September 2016.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
10th of 44
Parking
B2-118
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 764K · October 2009
Building
Lakepoint Tower

About 1010, Lakepoint Tower

1010 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. The developer sold it on 5 October 2009 for AED 763,624, or AED 847 per sqft, 20% above the AED 705 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2016. The current contract, signed on 15 September 2016, is AED 83,000 a year: a gross yield of 10.9% on the 2009 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, 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, October 2009: AED 763,624 (AED 847 per sqft)

1010 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, each contractTypical one-bed in Lakepoint Tower
50K75K2012201620202024Typical 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, September 2016: AED 83,000 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 1010 sits

All 288 1-beds →

1010 last sold in October 2009 at AED 847 per sqft, 20% above what one-beds in Lakepoint Tower were fetching at the time (AED 705). 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. 1010's AED 83,000 is in the upper 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
10071-bedAED 925K · Apr 2025
1–7 of 11

1010, Lakepoint Tower in numbers

  • Sold once: by GGICO on 5 October 2009 for AED 763,624, or AED 847 per sqft.
  • Rented since September 2016 on one Ejari contract, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2009 price is 10.9%, 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 15 September 2016.

Questions about 1010, Lakepoint Tower

What did unit 1010 last sell for?

AED 763,624 on 5 October 2009, sold by the developer: AED 847 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 83,000 a year on the contract signed on 15 September 2016.

How big is unit 1010?

901 sqft (83.7 sqm): a one-bedroom apartment on the 10th floor of a 44-storey tower completed in 2009.

What is unit 1010 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 1010, Lakepoint Tower

Starts from the last sale price (AED 764K, 5 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 763,624
Deposit, UAE resident (20%)
AED 152,725
Deposit, non-resident (40%)
AED 305,450
Monthly over 25 years at 3.7%
AED 3,124

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