1-bed · 973 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2009

1209, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 750K14 July 2023
Current rentAED 60K /yr25 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Lakepoint Tower

What is 1209 worth today?

Last sold for AED 750,000 in 2023

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25 Jun 2025RentedRenewal
AED 59,989/yr12 months · AED 62 per sqft
25 Jun 2025RentedRenewal
AED 59,989/yr12 months · AED 62 per sqft
25 Jun 2024RentedRenewal
AED 57,700/yr12 months · AED 59 per sqft
14 Jul 2023SoldReady
AED 750,000AED 771 per sqft
26 Feb 2022RentedRenewal
AED 44,000/yr12 months · AED 45 per sqft
26 Feb 2022RentedNew contract
AED 44,000/yr16 months · AED 45 per sqft
26 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 31 per sqft
5 Dec 2019RentedNew contract
AED 45,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
12th of 44
Parking
DMCC-3089
Developer
GGICO
Completed
2009
Service charge
AED 12,400 /yr
Last sold
AED 750K · July 2023

About 1209, Lakepoint Tower

1209 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. It last sold on 14 July 2023 for AED 750,000, or AED 771 per sqft, 23% above the AED 628 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 25 June 2025, is AED 59,989 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical one-bed in Lakepoint Tower
500K1M2009201420192024Typical 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, May 2010: AED 319,100 (AED 328 per sqft)Sold, May 2010: AED 1,167,120 (AED 1,199 per sqft)Sold, July 2023: AED 750,000 (AED 771 per sqft)

1209 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, each contractTypical one-bed in Lakepoint Tower
25K50K75K2012201620202024Typical 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, October 2013: AED 51,750 a yearNew contract, August 2014: AED 80,000 a yearNew contract, March 2015: AED 80,000 a yearNew contract, March 2016: AED 80,000 a yearRenewal, March 2017: AED 70,000 a yearRenewal, March 2019: AED 55,000 a yearNew contract, December 2019: AED 45,000 a yearNew contract, February 2021: AED 30,000 a yearRenewal, February 2022: AED 44,000 a yearNew contract, February 2022: AED 44,000 a yearRenewal, June 2024: AED 57,700 a yearRenewal, June 2025: AED 59,989 a yearRenewal, June 2025: AED 59,989 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 1209 sits

All 288 1-beds →

1209 last sold in July 2023 at AED 771 per sqft, 23% above what one-beds in Lakepoint Tower were fetching at the time (AED 628). 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. 1209's AED 59,989 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 12th floor

All 413 units in Lakepoint Tower
Value
12011-bedAED 645K · May 2023
12021-bedAED 895K · Dec 2025
12031-bedAED 1.17M · Feb 2010
12041-bedAED 870K · Dec 2017
12051-bedAED 693K · Nov 2015
12061-bedAED 900K · Oct 2013
12071-bedAED 850K · Mar 2017
1–7 of 11

1209, Lakepoint Tower in numbers

  • Sold 3 times: first on 17 May 2010 for AED 1,167,120, last on 14 July 2023 for AED 750,000 (AED 771 per sqft).
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 51,750 to AED 30,000 in 2021 and recovered to AED 59,989 by June 2025.
  • At AED 59,989 a year the gross yield on the 2023 price is 8.0%, 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 25 June 2025.

Questions about 1209, Lakepoint Tower

What did unit 1209 last sell for?

AED 750,000 on 14 July 2023: AED 771 per sqft for 973 sqft. The unit has 3 registered sales; the first was AED 1,167,120 in May 2010.

What is the rent for unit 1209?

AED 59,989 a year on the contract renewed on 25 June 2025. The previous contract, from June 2025, was AED 59,989; the unit has been rented since October 2013.

How big is unit 1209?

973 sqft (90.4 sqm): a one-bedroom apartment on the 12th floor of a 44-storey tower completed in 2009.

What is unit 1209 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 1209, Lakepoint Tower

Starts from the last sale price (AED 750K, 14 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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