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1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2009

1504, Lakepoint Tower

Sold prices and rental history: sold twice, last in March 2016, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 7 March 2016
Last soldAED 900K7 March 2016
Current rentAED 53K /yr10 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, Lakepoint Tower

What is 1504 worth today?

Last sold for AED 900,000 in 2016

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7 Mar 2016SoldReady
AED 900,000AED 999 per sqft
10 Aug 2012RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
14 Feb 2012Sold by developerReady
AED 747,415AED 829 per sqft

Source: Dubai Land Department. Updated 7 March 2016.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
15th of 44
Parking
DMCC-3131
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 900K · March 2016
Building
Lakepoint Tower

About 1504, Lakepoint Tower

1504 is a one-bedroom apartment of 901 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 7 March 2016 for AED 900,000, or AED 999 per sqft, 4% above the AED 964 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2012. The current contract, signed on 10 August 2012, is AED 53,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, February 2012: AED 747,415 (AED 829 per sqft)Sold, March 2016: AED 900,000 (AED 999 per sqft)

1504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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, August 2012: AED 53,000 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 1504 sits

All 288 1-beds →

1504 last sold in March 2016 at AED 999 per sqft, 4% above what one-beds in Lakepoint Tower were fetching at the time (AED 964). 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. 1504's AED 53,000 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 15th floor

All 413 units in Lakepoint Tower
Value
15011-bedAED 960K · Jul 2025
15021-bedAED 850K · May 2025
15031-bedAED 520K · Feb 2020
15051-bedAED 1.2M · May 2026
15061-bedAED 885K · Aug 2024
15071-bedAED 700K · Mar 2023
15081-bedAED 720K · Jan 2025
1–7 of 11

1504, Lakepoint Tower in numbers

  • Sold twice: first on 14 February 2012 for AED 747,415, last on 7 March 2016 for AED 900,000 (AED 999 per sqft).
  • Rented since August 2012 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2016 price is 5.9%, 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 7 March 2016.

Questions about 1504, Lakepoint Tower

What did unit 1504 last sell for?

AED 900,000 on 7 March 2016: AED 999 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 747,415 in February 2012.

What is the rent for unit 1504?

AED 53,000 a year on the contract signed on 10 August 2012.

How big is unit 1504?

901 sqft (83.7 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.

What is unit 1504 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 1504, Lakepoint Tower

Starts from the last sale price (AED 900K, 7 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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