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1-bed · 2,058 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 1st floor · completed 2009

107, Lakepoint Tower

Sold prices and rental history: sold twice, last in October 2016, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 30 October 2016
Last soldAED 800K30 October 2016
Current rentAED 58K /yr1 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 107, Lakepoint Tower

What is 107 worth today?

Last sold for AED 800,000 in 2016

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30 Oct 2016SoldReady
AED 800,000AED 388 per sqft
1 Jan 2014RentedNew contract
AED 57,500/yr12 months · AED 28 per sqft
8 Apr 2012Sold by developerReady
AED 750,000AED 658 per sqft

Source: Dubai Land Department. Updated 30 October 2016.

Key facts

Type
1-bed apartment
Size
2,058 sqft
Floor
1st of 44
Parking
B2-62
Developer
GGICO
Completed
2009
Service charge
AED 26,300 /yr
Last sold
AED 800K · October 2016
Building
Lakepoint Tower

About 107, Lakepoint Tower

107 is a one-bedroom apartment of 2,058 sqft on the 1st floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 30 October 2016 for AED 800,000, or AED 388 per sqft, 59% below the AED 938 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2014. The current contract, signed on 1 January 2014, is AED 57,500 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 26,300 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, April 2012: AED 750,000 (AED 658 per sqft)Sold, October 2016: AED 800,000 (AED 388 per sqft)

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

Rents
Unit 107, 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, January 2014: AED 57,500 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 107 sits

All 288 1-beds →

107 last sold in October 2016 at AED 388 per sqft, 59% below what one-beds in Lakepoint Tower were fetching at the time (AED 938). 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. 107's AED 57,500 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 1st floor

All 413 units in Lakepoint Tower
Value
1011-bedAED 1.14M · Mar 2014
1021-bedAED 850K · Dec 2025
1031-bedAED 715K · Mar 2024
1041-bedAED 695K · Feb 2011
1051-bedAED 803K · Sep 2009
1061-bedAED 875K · Jan 2025
1081-bedAED 950K · Oct 2015
1–7 of 11

107, Lakepoint Tower in numbers

  • Sold twice: first on 8 April 2012 for AED 750,000, last on 30 October 2016 for AED 800,000 (AED 388 per sqft).
  • Rented since January 2014 on one Ejari contract, at AED 57,500 a year.
  • At AED 57,500 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 26,300 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 30 October 2016.

Questions about 107, Lakepoint Tower

What did unit 107 last sell for?

AED 800,000 on 30 October 2016: AED 388 per sqft for 2,058 sqft. The unit has 2 registered sales; the first was AED 750,000 in April 2012.

What is the rent for unit 107?

AED 57,500 a year on the contract signed on 1 January 2014.

How big is unit 107?

2,058 sqft (191.2 sqm): a one-bedroom apartment on the 1st floor of a 44-storey tower completed in 2009.

What is unit 107 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 107, Lakepoint Tower

Starts from the last sale price (AED 800K, 30 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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