1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2009

1402, Lakepoint Tower

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 500K29 December 2021
Current rentAED 70K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Lakepoint Tower

What is 1402 worth today?

Last sold for AED 500,000 in 2021

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15 Apr 2026RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
1 Sep 2024RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
10 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
29 Dec 2021SoldReady
AED 500,000AED 555 per sqft
18 Jul 2020RentedNew contract
AED 39,000/yr13 months · AED 43 per sqft
5 Jan 2020Sold by developerReady
AED 724,000AED 803 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
14th of 44
Parking
DMCC-3099
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 500K · December 2021

About 1402, Lakepoint Tower

1402 is a one-bedroom apartment of 901 sqft on the 14th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 29 December 2021 for AED 500,000, or AED 555 per sqft, in line with the AED 548 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 April 2026, is AED 70,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, January 2020: AED 724,000 (AED 803 per sqft)Sold, December 2021: AED 500,000 (AED 555 per sqft)

1402 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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, July 2020: AED 39,000 a yearNew contract, September 2023: AED 65,000 a yearNew contract, September 2024: AED 72,000 a yearNew contract, April 2026: AED 70,000 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 1402 sits

All 288 1-beds →

1402 last sold in December 2021 at AED 555 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 548). 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. 1402's AED 70,000 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 14th floor

All 413 units in Lakepoint Tower
Value
14011-bedAED 540K · May 2021
14031-bedAED 600K · May 2023
14041-bedAED 620K · May 2023
14051-bedAED 650K · Jan 2019
14061-bedAED 610K · Aug 2010
14071-bedAED 1.1M · Aug 2014
14081-bedAED 970K · Mar 2026
1–7 of 11

1402, Lakepoint Tower in numbers

  • Sold twice: first on 5 January 2020 for AED 724,000, last on 29 December 2021 for AED 500,000 (AED 555 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 39,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 11,500 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 15 April 2026.

Questions about 1402, Lakepoint Tower

What did unit 1402 last sell for?

AED 500,000 on 29 December 2021: AED 555 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 724,000 in January 2020.

What is the rent for unit 1402?

AED 70,000 a year on the contract signed on 15 April 2026. The previous contract, from September 2024, was AED 72,000; the unit has been rented since July 2020.

How big is unit 1402?

901 sqft (83.7 sqm): a one-bedroom apartment on the 14th floor of a 44-storey tower completed in 2009.

What is unit 1402 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 1402, Lakepoint Tower

Starts from the last sale price (AED 500K, 29 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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