1506, Lakepoint Tower
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Lakepoint Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 2 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 15th of 44
- Parking
- B3-129
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 885K · August 2024
- Building
- Lakepoint Tower
About 1506, Lakepoint Tower
1506 is a one-bedroom apartment of 851 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 21 August 2024 for AED 885,000, or AED 1,039 per sqft, 22% above the AED 852 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 2 January 2026, is AED 70,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 10,900 a year.
Sales and rents for 1506 over time
1506 has sold 4 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 1506 sits
All 288 1-beds →1506 last sold in August 2024 at AED 1,039 per sqft, 22% above what one-beds in Lakepoint Tower were fetching at the time (AED 852). 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. 1506's AED 70,000 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 | |
| 1503 | 1-bed | 973 sqft | AED 520KAED 520,000 · Feb 2020February 2020 | 62,990 /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 | |
| 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 |
1506, Lakepoint Tower in numbers
- Sold 4 times: first on 30 June 2010 for AED 611,869, last on 21 August 2024 for AED 885,000 (AED 1,039 per sqft).
- Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 60,162 to AED 38,000 in 2020 and recovered to AED 70,000 by January 2026.
- At AED 70,000 a year the gross yield on the 2024 price is 7.9%, 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 2 January 2026.
Questions about 1506, Lakepoint Tower
What did unit 1506 last sell for?
AED 885,000 on 21 August 2024: AED 1,039 per sqft for 851 sqft. The unit has 4 registered sales; the first was AED 611,869 in June 2010.
What is the rent for unit 1506?
AED 70,000 a year on the contract renewed on 2 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since June 2018.
How big is unit 1506?
851 sqft (79.1 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.
What is unit 1506 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 1506, Lakepoint Tower
Starts from the last sale price (AED 885K, 21 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 885,000
- Deposit, UAE resident (20%)
- AED 177,000
- Deposit, non-resident (40%)
- AED 354,000
- Monthly over 25 years at 3.7%
- AED 3,621
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →