1301, Lakepoint Tower
Sold prices and rental history: sold twice, last in November 2022, 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 1301, Lakepoint Tower
What is 1301 worth today?
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Source: Dubai Land Department. Updated 2 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 13th of 44
- Parking
- DMCC-1187
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 550K · November 2022
- Building
- Lakepoint Tower
About 1301, Lakepoint Tower
1301 is a one-bedroom apartment of 979 sqft on the 13th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 2 November 2022 for AED 550,000, or AED 561 per sqft, in line with the AED 572 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 8 July 2022, is AED 42,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1301 over time
1301 has sold twice; 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 1301 sits
All 288 1-beds →1301 last sold in November 2022 at AED 561 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 572). 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. 1301's AED 42,000 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 13th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 1-bed | 901 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 56,700 /yr | |
| 1303 | 1-bed | 973 sqft | AED 940KAED 940,000 · May 2025May 2025 | 54,500 /yr | |
| 1304 | 1-bed | 901 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 45,600 /yr | |
| 1305 | 1-bed | 979 sqft | AED 885KAED 885,000 · Jan 2025January 2025 | 92,000 /yr | |
| 1306 | 1-bed | 851 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | ||
| 1307 | 1-bed | 979 sqft | AED 850KAED 850,000 · Dec 2018December 2018 | 80,000 /yr | |
| 1308 | 1-bed | 901 sqft | AED 900KAED 900,000 · Jul 2013July 2013 | 66,000 /yr | |
| 1309 | 1-bed | 973 sqft | AED 1.1MAED 1,100,000 · Jun 2014June 2014 | 72,798 /yr | |
| 1310 | 1-bed | 901 sqft | AED 730KAED 729,950 · Jul 2010July 2010 | 60,835 /yr | |
| 1311 | 1-bed | 979 sqft | AED 777KAED 776,950 · Mar 2011March 2011 | 62,000 /yr | |
| 1312 | 1-bed | 851 sqft | AED 540KAED 539,960 · Aug 2010August 2010 | 69,000 /yr |
1301, Lakepoint Tower in numbers
- Sold twice: first on 22 September 2013 for AED 767,950, last on 2 November 2022 for AED 550,000 (AED 561 per sqft).
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 36,000 in 2021 and recovered to AED 42,000 by July 2022.
- At AED 42,000 a year the gross yield on the 2022 price is 7.6%, 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 2 November 2022.
Questions about 1301, Lakepoint Tower
What did unit 1301 last sell for?
AED 550,000 on 2 November 2022: AED 561 per sqft for 979 sqft. The unit has 2 registered sales; the first was AED 767,950 in September 2013.
What is the rent for unit 1301?
AED 42,000 a year on the contract renewed on 8 July 2022. The previous contract, from July 2021, was AED 36,000; the unit has been rented since July 2013.
How big is unit 1301?
979 sqft (91.0 sqm): a one-bedroom apartment on the 13th floor of a 44-storey tower completed in 2009.
What is unit 1301 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 1301, Lakepoint Tower
Starts from the last sale price (AED 550K, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →