1111, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, Lakepoint Tower
What is 1111 worth today?
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Source: Dubai Land Department. Updated 17 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 11th of 44
- Parking
- DMCC-3064
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 386K · September 2011
- Building
- Lakepoint Tower
About 1111, Lakepoint Tower
1111 is a one-bedroom apartment of 979 sqft on the 11th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 11 September 2011 for AED 385,975, or AED 394 per sqft, 44% below the AED 705 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 17 September 2026, is AED 80,000 a year: a gross yield of 20.7% on the 2011 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1111 over time
1111 has sold once; 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 1111 sits
All 288 1-beds →1111 last sold in September 2011 at AED 394 per sqft, 44% below 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. 1111's AED 80,000 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 11th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 979 sqft | AED 550KAED 550,000 · Aug 2022August 2022 | 69,300 /yr | |
| 1102 | 1-bed | 901 sqft | AED 920KAED 920,000 · Oct 2026October 2026 | 78,000 /yr | |
| 1103 | 1-bed | 973 sqft | AED 930KAED 930,000 · Nov 2016November 2016 | 59,850 /yr | |
| 1104 | 1-bed | 901 sqft | AED 450KAED 450,000 · Oct 2020October 2020 | 85,000 /yr | |
| 1105 | 1-bed | 979 sqft | AED 691KAED 691,238 · May 2013May 2013 | 65,000 /yr | |
| 1106 | 1-bed | 851 sqft | AED 835KAED 835,000 · Nov 2013November 2013 | 45,000 /yr | |
| 1107 | 1-bed | 979 sqft | AED 691KAED 691,238 · Jan 2011January 2011 | 96,000 /yr | |
| 1108 | 1-bed | 901 sqft | AED 550KAED 550,000 · Dec 2022December 2022 | 71,000 /yr | |
| 1109 | 1-bed | 973 sqft | AED 768KAED 767,950 · May 2012May 2012 | 40,000 /yr | |
| 1110 | 1-bed | 901 sqft | AED 755KAED 755,000 · Sep 2023September 2023 | 48,000 /yr | |
| 1112 | 1-bed | 851 sqft | AED 537KAED 536,896 · Aug 2010August 2010 | 60,950 /yr |
1111, Lakepoint Tower in numbers
- Sold once: by GGICO on 11 September 2011 for AED 385,975, or AED 394 per sqft.
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 80,000 by September 2026.
- At AED 80,000 a year the gross yield on the 2011 price is 20.7%, 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 17 September 2026.
Questions about 1111, Lakepoint Tower
What did unit 1111 last sell for?
AED 385,975 on 11 September 2011, sold by the developer: AED 394 per sqft for 979 sqft. It is the only registered sale of the unit.
What is the rent for unit 1111?
AED 80,000 a year on the contract renewed on 17 September 2026. The previous contract, from September 2025, was AED 83,000; the unit has been rented since August 2017.
How big is unit 1111?
979 sqft (91.0 sqm): a one-bedroom apartment on the 11th floor of a 44-storey tower completed in 2009.
What is unit 1111 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 1111, Lakepoint Tower
Starts from the last sale price (AED 386K, 11 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 385,975
- Deposit, UAE resident (20%)
- AED 77,195
- Deposit, non-resident (40%)
- AED 154,390
- Monthly over 25 years at 3.7%
- AED 1,579
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →