1605, Lakepoint Tower
Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Lakepoint Tower
What is 1605 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 16th of 44
- Parking
- DMCC-0035
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 620K · June 2022
- Building
- Lakepoint Tower
About 1605, Lakepoint Tower
1605 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 24 June 2022 for AED 620,000, or AED 633 per sqft, 14% above the AED 553 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 July 2024, is AED 75,000 a year: a gross yield of 12.1% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 288 1-beds →1605 last sold in June 2022 at AED 633 per sqft, 14% above what one-beds in Lakepoint Tower were fetching at the time (AED 553). 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. 1605's AED 75,000 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 16th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 979 sqft | AED 975KAED 975,000 · Jan 2026January 2026 | 95,000 /yr | |
| 1602 | 1-bed | 901 sqft | AED 800KAED 800,000 · May 2024May 2024 | 65,000 /yr | |
| 1603 | 1-bed | 973 sqft | AED 750KAED 750,000 · Feb 2024February 2024 | 72,000 /yr | |
| 1604 | 1-bed | 901 sqft | AED 855KAED 855,000 · Nov 2025November 2025 | 66,500 /yr | |
| 1606 | 1-bed | 851 sqft | AED 633KAED 632,500 · Dec 2012December 2012 | 60,000 /yr | |
| 1607 | 1-bed | 979 sqft | AED 565KAED 565,000 · Jun 2012June 2012 | 59,469 /yr | |
| 1608 | 1-bed | 901 sqft | AED 433KAED 432,500 · Oct 2016October 2016 | 66,000 /yr | |
| 1609 | 1-bed | 973 sqft | AED 806KAED 805,950 · Aug 2015August 2015 | 46,000 /yr | |
| 1610 | 1-bed | 901 sqft | AED 1MAED 1,000,000 · Oct 2015October 2015 | 22,000 /yr | |
| 1611 | 1-bed | 979 sqft | AED 925KAED 925,000 · Apr 2025April 2025 | 63,000 /yr | |
| 1612 | 1-bed | 851 sqft | AED 575KAED 574,808 · Aug 2010August 2010 | 65,000 /yr |
1605, Lakepoint Tower in numbers
- Sold 4 times: first on 3 June 2012 for AED 701,028, last on 24 June 2022 for AED 620,000 (AED 633 per sqft).
- Rented since September 2020 on 4 Ejari contracts, from AED 44,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 12.1%, 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 15 July 2024.
Questions about 1605, Lakepoint Tower
What did unit 1605 last sell for?
AED 620,000 on 24 June 2022: AED 633 per sqft for 979 sqft. The unit has 4 registered sales; the first was AED 701,028 in June 2012.
What is the rent for unit 1605?
AED 75,000 a year on the contract signed on 15 July 2024. The previous contract, from June 2023, was AED 60,000; the unit has been rented since September 2020.
How big is unit 1605?
979 sqft (91.0 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.
What is unit 1605 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.
Selling 1605? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1605, Lakepoint Tower
Starts from the last sale price (AED 620K, 24 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →