1203, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in February 2010, 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 1203, Lakepoint Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 30 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 12th of 44
- Parking
- DMCC-3066
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.17M · February 2010
- Building
- Lakepoint Tower
About 1203, Lakepoint Tower
1203 is a one-bedroom apartment of 973 sqft on the 12th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 11 February 2010 for AED 1,167,120, or AED 1,199 per sqft, 70% above the AED 705 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 30 December 2025, is AED 72,000 a year: a gross yield of 6.2% on the 2010 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 288 1-beds →1203 last sold in February 2010 at AED 1,199 per sqft, 70% 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. 1203's AED 72,000 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 12th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 979 sqft | AED 645KAED 645,000 · May 2023May 2023 | 70,000 /yr | |
| 1202 | 1-bed | 901 sqft | AED 895KAED 895,000 · Dec 2025December 2025 | 68,000 /yr | |
| 1204 | 1-bed | 901 sqft | AED 870KAED 870,000 · Dec 2017December 2017 | 68,000 /yr | |
| 1205 | 1-bed | 979 sqft | AED 693KAED 693,196 · Nov 2015November 2015 | 110,000 /yr | |
| 1206 | 1-bed | 851 sqft | AED 900KAED 900,000 · Oct 2013October 2013 | 60,984 /yr | |
| 1207 | 1-bed | 979 sqft | AED 850KAED 850,000 · Mar 2017March 2017 | 66,000 /yr | |
| 1208 | 1-bed | 901 sqft | AED 550KAED 550,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1209 | 1-bed | 973 sqft | AED 750KAED 750,000 · Jul 2023July 2023 | 59,989 /yr | |
| 1210 | 1-bed | 901 sqft | AED 732KAED 731,950 · Jun 2011June 2011 | 65,000 /yr | |
| 1211 | 1-bed | 979 sqft | AED 774KAED 773,950 · Mar 2013March 2013 | 40,000 /yr | |
| 1212 | 1-bed | 851 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 70,000 /yr |
1203, Lakepoint Tower in numbers
- Sold once: by GGICO on 11 February 2010 for AED 1,167,120, or AED 1,199 per sqft.
- Rented since June 2013 on 6 Ejari contracts, from AED 48,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2010 price is 6.2%, before a service charge of about AED 12,400 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 December 2025.
Questions about 1203, Lakepoint Tower
What did unit 1203 last sell for?
AED 1,167,120 on 11 February 2010, sold by the developer: AED 1,199 per sqft for 973 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 72,000 a year on the contract signed on 30 December 2025. The previous contract, from June 2018, was AED 75,000; the unit has been rented since June 2013.
How big is unit 1203?
973 sqft (90.4 sqm): a one-bedroom apartment on the 12th floor of a 44-storey tower completed in 2009.
What is unit 1203 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 1203, Lakepoint Tower
Starts from the last sale price (AED 1.17M, 11 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,167,120
- Deposit, UAE resident (20%)
- AED 233,424
- Deposit, non-resident (40%)
- AED 466,848
- Monthly over 25 years at 3.7%
- AED 4,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →