1406, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in August 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 1406, Lakepoint Tower
What is 1406 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 14th of 44
- Parking
- DMCC-3103
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 610K · August 2010
- Building
- Lakepoint Tower
About 1406, Lakepoint Tower
1406 is a one-bedroom apartment of 851 sqft on the 14th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 19 August 2010 for AED 610,167, or AED 717 per sqft, in line with the AED 721 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 55,944 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 10,900 a year.
Sales and rents for 1406 over time
1406 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 1406 sits
All 288 1-beds →1406 last sold in August 2010 at AED 717 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 721). 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. 1406's AED 55,944 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 14th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 979 sqft | AED 540KAED 540,000 · May 2021May 2021 | 80,000 /yr | |
| 1402 | 1-bed | 901 sqft | AED 500KAED 500,000 · Dec 2021December 2021 | 70,000 /yr | |
| 1403 | 1-bed | 973 sqft | AED 600KAED 600,000 · May 2023May 2023 | 70,000 /yr | |
| 1404 | 1-bed | 901 sqft | AED 620KAED 620,000 · May 2023May 2023 | 45,000 /yr | |
| 1405 | 1-bed | 979 sqft | AED 650KAED 650,000 · Jan 2019January 2019 | 79,786 /yr | |
| 1407 | 1-bed | 979 sqft | AED 1.1MAED 1,100,000 · Aug 2014August 2014 | 58,000 /yr | |
| 1408 | 1-bed | 901 sqft | AED 970KAED 970,000 · Mar 2026March 2026 | 72,500 /yr | |
| 1409 | 1-bed | 973 sqft | AED 508KAED 507,500 · Nov 2021November 2021 | 70,000 /yr | |
| 1410 | 1-bed | 901 sqft | AED 732KAED 731,950 · Jul 2010July 2010 | 52,800 /yr | |
| 1411 | 1-bed | 979 sqft | AED 779KAED 778,950 · Jul 2010July 2010 | 75,000 /yr | |
| 1412 | 1-bed | 851 sqft | AED 541KAED 541,491 · Aug 2010August 2010 | 70,000 /yr |
1406, Lakepoint Tower in numbers
- Sold once: by GGICO on 19 August 2010 for AED 610,167, or AED 717 per sqft.
- Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2020 and recovered to AED 55,944 by November 2025.
- At AED 55,944 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 10,900 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 November 2025.
Questions about 1406, Lakepoint Tower
What did unit 1406 last sell for?
AED 610,167 on 19 August 2010, sold by the developer: AED 717 per sqft for 851 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 55,944 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 53,280; the unit has been rented since January 2013.
How big is unit 1406?
851 sqft (79.1 sqm): a one-bedroom apartment on the 14th floor of a 44-storey tower completed in 2009.
What is unit 1406 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 1406, Lakepoint Tower
Starts from the last sale price (AED 610K, 19 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 610,167
- Deposit, UAE resident (20%)
- AED 122,033
- Deposit, non-resident (40%)
- AED 244,067
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →