1-bed · 979 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2009

1601, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 975K12 January 2026
Current rentAED 95K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Lakepoint Tower

What is 1601 worth today?

Last sold for AED 975,000 in 2026

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3 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
12 Jan 2026SoldReady
AED 975,000AED 995 per sqft
9 Jul 2024RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
9 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
9 Jul 2022RentedRenewal
AED 41,000/yr12 months · AED 42 per sqft
5 Jul 2017SoldReady
AED 575,000AED 587 per sqft
22 Sep 2014RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
26 Sep 2013RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
16th of 44
Parking
DMCC-3161
Developer
GGICO
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 975K · January 2026

About 1601, Lakepoint Tower

1601 is a one-bedroom apartment of 979 sqft on the 16th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 12 January 2026 for AED 975,000, or AED 995 per sqft, 5% above the AED 947 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 3 February 2026, is AED 95,000 a year: a gross yield of 9.7% on the 2026 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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 2012: AED 871,390 (AED 890 per sqft)Sold, July 2017: AED 575,000 (AED 587 per sqft)Sold, January 2026: AED 975,000 (AED 995 per sqft)

1601 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, 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, September 2013: AED 70,000 a yearNew contract, September 2014: AED 85,000 a yearRenewal, July 2022: AED 41,000 a yearRenewal, July 2023: AED 45,000 a yearRenewal, July 2024: AED 55,000 a yearNew contract, February 2026: AED 95,000 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 1601 sits

All 288 1-beds →

1601 last sold in January 2026 at AED 995 per sqft, 5% above what one-beds in Lakepoint Tower were fetching at the time (AED 947). 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. 1601's AED 95,000 is in the upper 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 16th floor

All 413 units in Lakepoint Tower
Value
16021-bedAED 800K · May 2024
16031-bedAED 750K · Feb 2024
16041-bedAED 855K · Nov 2025
16051-bedAED 620K · Jun 2022
16061-bedAED 633K · Dec 2012
16071-bedAED 565K · Jun 2012
16081-bedAED 433K · Oct 2016
1–7 of 11

1601, Lakepoint Tower in numbers

  • Sold 3 times: first on 17 October 2012 for AED 871,390, last on 12 January 2026 for AED 975,000 (AED 995 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 41,000 in 2022 and recovered to AED 95,000 by February 2026.
  • At AED 95,000 a year the gross yield on the 2026 price is 9.7%, before a service charge of about AED 12,500 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 3 February 2026.

Questions about 1601, Lakepoint Tower

What did unit 1601 last sell for?

AED 975,000 on 12 January 2026: AED 995 per sqft for 979 sqft. The unit has 3 registered sales; the first was AED 871,390 in October 2012.

What is the rent for unit 1601?

AED 95,000 a year on the contract signed on 3 February 2026. The previous contract, from July 2024, was AED 55,000; the unit has been rented since September 2013.

How big is unit 1601?

979 sqft (91.0 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.

What is unit 1601 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 1601, Lakepoint Tower

Starts from the last sale price (AED 975K, 12 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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