1503, Lakepoint Tower
Sold prices and rental history: sold 3 times, last in February 2020, 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 1503, Lakepoint Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 15th of 44
- Parking
- DMCC-3130
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 520K · February 2020
- Building
- Lakepoint Tower
About 1503, Lakepoint Tower
1503 is a one-bedroom apartment of 973 sqft on the 15th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 16 February 2020 for AED 520,000, or AED 534 per sqft, 30% below the AED 758 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 25 June 2026, is AED 62,990 a year: a gross yield of 12.1% on the 2020 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1503 over time
1503 has sold 3 times; 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 1503 sits
All 288 1-beds →1503 last sold in February 2020 at AED 534 per sqft, 30% below what one-beds in Lakepoint Tower were fetching at the time (AED 758). 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. 1503's AED 62,990 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 15th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 979 sqft | AED 960KAED 960,000 · Jul 2025July 2025 | 61,000 /yr | |
| 1502 | 1-bed | 901 sqft | AED 850KAED 850,000 · May 2025May 2025 | 70,000 /yr | |
| 1504 | 1-bed | 901 sqft | AED 900KAED 900,000 · Mar 2016March 2016 | 53,000 /yr | |
| 1505 | 1-bed | 979 sqft | AED 1.2MAED 1,200,000 · May 2026May 2026 | 80,000 /yr | |
| 1506 | 1-bed | 851 sqft | AED 885KAED 885,000 · Aug 2024August 2024 | 70,000 /yr | |
| 1507 | 1-bed | 979 sqft | AED 700KAED 700,000 · Mar 2023March 2023 | 72,000 /yr | |
| 1508 | 1-bed | 901 sqft | AED 720KAED 720,000 · Jan 2025January 2025 | 73,000 /yr | |
| 1509 | 1-bed | 973 sqft | AED 804KAED 803,950 · Aug 2015August 2015 | 53,000 /yr | |
| 1510 | 1-bed | 901 sqft | AED 743KAED 742,913 · Feb 2010February 2010 | 45,000 /yr | |
| 1511 | 1-bed | 979 sqft | AED 600KAED 600,000 · Dec 2018December 2018 | 100,000 /yr | |
| 1512 | 1-bed | 649 sqft | AED 435KAED 434,546 · Aug 2010August 2010 | 66,000 /yr |
1503, Lakepoint Tower in numbers
- Sold 3 times: first on 27 July 2010 for AED 1,167,120, last on 16 February 2020 for AED 520,000 (AED 534 per sqft).
- Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 57,750 to AED 35,000 in 2021 and recovered to AED 62,990 by June 2026.
- At AED 62,990 a year the gross yield on the 2020 price is 12.1%, 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 2026.
Questions about 1503, Lakepoint Tower
What did unit 1503 last sell for?
AED 520,000 on 16 February 2020: AED 534 per sqft for 973 sqft. The unit has 3 registered sales; the first was AED 1,167,120 in July 2010.
What is the rent for unit 1503?
AED 62,990 a year on the contract renewed on 25 June 2026. The previous contract, from June 2025, was AED 60,585; the unit has been rented since October 2013.
How big is unit 1503?
973 sqft (90.4 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.
What is unit 1503 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 1503, Lakepoint Tower
Starts from the last sale price (AED 520K, 16 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →