1609, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Lakepoint Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 22 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 16th of 44
- Parking
- DMCC-0039
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 806K · August 2015
- Building
- Lakepoint Tower
About 1609, Lakepoint Tower
1609 is a one-bedroom apartment of 973 sqft on the 16th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 2 August 2015 for AED 805,950, or AED 828 per sqft, 18% below the AED 1,006 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 22 April 2023, is AED 46,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1609 over time
1609 has sold once; 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 1609 sits
All 288 1-beds →1609 last sold in August 2015 at AED 828 per sqft, 18% below what one-beds in Lakepoint Tower were fetching at the time (AED 1,006). 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. 1609's AED 46,000 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 | |
| 1605 | 1-bed | 979 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 75,000 /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 | |
| 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 |
1609, Lakepoint Tower in numbers
- Sold once: by GGICO on 2 August 2015 for AED 805,950, or AED 828 per sqft.
- Rented since March 2019 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2021 and recovered to AED 46,000 by April 2023.
- At AED 46,000 a year the gross yield on the 2015 price is 5.7%, 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 22 April 2023.
Questions about 1609, Lakepoint Tower
What did unit 1609 last sell for?
AED 805,950 on 2 August 2015, sold by the developer: AED 828 per sqft for 973 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 46,000 a year on the contract signed on 22 April 2023. The previous contract, from April 2021, was AED 34,000; the unit has been rented since March 2019.
How big is unit 1609?
973 sqft (90.4 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.
What is unit 1609 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 1609, Lakepoint Tower
Starts from the last sale price (AED 806K, 2 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 805,950
- Deposit, UAE resident (20%)
- AED 161,190
- Deposit, non-resident (40%)
- AED 322,380
- Monthly over 25 years at 3.7%
- AED 3,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →