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

1011, Lakepoint Tower

Sold prices and rental history: sold twice, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 24 April 2013
Last soldAED 650K24 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1011, Lakepoint Tower

What is 1011 worth today?

Last sold for AED 650,000 in 2013

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24 Apr 2013SoldReady
AED 650,000AED 663 per sqft
3 Mar 2013Sold by developerReady
AED 674,633AED 689 per sqft

Source: Dubai Land Department. Updated 24 April 2013.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
10th of 44
Parking
DMCC-3211
Developer
GGICO
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 650K · April 2013
Building
Lakepoint Tower

About 1011, Lakepoint Tower

1011 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 24 April 2013 for AED 650,000, or AED 663 per sqft, 6% below the AED 706 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, 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, March 2013: AED 674,633 (AED 689 per sqft)Sold, April 2013: AED 650,000 (AED 663 per sqft)

1011 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, 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 70,000

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 1011 sits

All 288 1-beds →

1011 last sold in April 2013 at AED 663 per sqft, 6% below what one-beds in Lakepoint Tower were fetching at the time (AED 706). 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.

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

1011, Lakepoint Tower in numbers

  • Sold twice: first on 3 March 2013 for AED 674,633, last on 24 April 2013 for AED 650,000 (AED 663 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 24 April 2013.

Questions about 1011, Lakepoint Tower

What did unit 1011 last sell for?

AED 650,000 on 24 April 2013: AED 663 per sqft for 979 sqft. The unit has 2 registered sales; the first was AED 674,633 in March 2013.

How big is unit 1011?

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

What is unit 1011 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 1011, Lakepoint Tower

Starts from the last sale price (AED 650K, 24 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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