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

1408, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in March 2026, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 970K4 March 2026
Current rentAED 73K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Lakepoint Tower

What is 1408 worth today?

Last sold for AED 970,000 in 2026

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5 Mar 2026RentedNew contract
AED 72,500/yr12 months · AED 80 per sqft
4 Mar 2026SoldReady
AED 970,000AED 1,077 per sqft
16 Jun 2024RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
15 Dec 2021SoldReady
AED 570,000AED 632 per sqft
24 Mar 2016RentedNew contract
AED 102,000/yr12 months · AED 113 per sqft
5 Oct 2009Sold by developerReady
AED 774,430AED 859 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
14th of 44
Parking
B3-125
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 970K · March 2026

About 1408, Lakepoint Tower

1408 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 4 March 2026 for AED 970,000, or AED 1,077 per sqft, 12% above the AED 959 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 5 March 2026, is AED 72,500 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, October 2009: AED 774,430 (AED 859 per sqft)Sold, December 2021: AED 570,000 (AED 632 per sqft)Sold, March 2026: AED 970,000 (AED 1,077 per sqft)

1408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, each contractTypical one-bed in Lakepoint Tower
50K100K2012201620202024Typical 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, March 2016: AED 102,000 a yearNew contract, June 2024: AED 70,000 a yearNew contract, March 2026: AED 72,500 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 1408 sits

All 288 1-beds →

1408 last sold in March 2026 at AED 1,077 per sqft, 12% above what one-beds in Lakepoint Tower were fetching at the time (AED 959). 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. 1408's AED 72,500 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
14021-bedAED 500K · Dec 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
1–7 of 11

1408, Lakepoint Tower in numbers

  • Sold 3 times: first on 5 October 2009 for AED 774,430, last on 4 March 2026 for AED 970,000 (AED 1,077 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 102,000 to AED 72,500 a year.
  • At AED 72,500 a year the gross yield on the 2026 price is 7.5%, 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 5 March 2026.

Questions about 1408, Lakepoint Tower

What did unit 1408 last sell for?

AED 970,000 on 4 March 2026: AED 1,077 per sqft for 901 sqft. The unit has 3 registered sales; the first was AED 774,430 in October 2009.

What is the rent for unit 1408?

AED 72,500 a year on the contract signed on 5 March 2026. The previous contract, from June 2024, was AED 70,000; the unit has been rented since March 2016.

How big is unit 1408?

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

What is unit 1408 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 1408, Lakepoint Tower

Starts from the last sale price (AED 970K, 4 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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