1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2009

1610, Lakepoint Tower

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1M12 October 2015
Current rentAED 22K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Lakepoint Tower

What is 1610 worth today?

Last sold for AED 1,000,000 in 2015

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1 Sep 2023RentedRenewal
AED 22,000/yr12 months · AED 24 per sqft
1 Sep 2022RentedNew contract
AED 22,000/yr12 months · AED 24 per sqft
1 Sep 2021RentedNew contract
AED 22,000/yr12 months · AED 24 per sqft
1 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
12 Oct 2015SoldReady
AED 1,000,000AED 1,110 per sqft
17 Dec 2012RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
31 Oct 2010Sold by developerReady
AED 742,913AED 824 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
16th of 44
Parking
B2-122
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 1M · October 2015

About 1610, Lakepoint Tower

1610 is a one-bedroom apartment of 901 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 October 2015 for AED 1,000,000, or AED 1,110 per sqft, 8% above the AED 1,027 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 22,000 a year: a gross yield of 2.2% on the 2015 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, 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 2010: AED 742,913 (AED 824 per sqft)Sold, October 2015: AED 1,000,000 (AED 1,110 per sqft)

1610 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1610, each contractTypical one-bed in Lakepoint Tower
50K2012201620202024Typical 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, December 2012: AED 55,000 a yearNew contract, November 2019: AED 55,000 a yearNew contract, September 2021: AED 22,000 a yearNew contract, September 2022: AED 22,000 a yearRenewal, September 2023: AED 22,000 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 1610 sits

All 288 1-beds →

1610 last sold in October 2015 at AED 1,110 per sqft, 8% above what one-beds in Lakepoint Tower were fetching at the time (AED 1,027). 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. 1610's AED 22,000 is at the bottom 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
16011-bedAED 975K · Jan 2026
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
1–7 of 11

1610, Lakepoint Tower in numbers

  • Sold twice: first on 31 October 2010 for AED 742,913, last on 12 October 2015 for AED 1,000,000 (AED 1,110 per sqft).
  • Rented since December 2012 on 5 Ejari contracts, from AED 55,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2015 price is 2.2%, 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 1 September 2023.

Questions about 1610, Lakepoint Tower

What did unit 1610 last sell for?

AED 1,000,000 on 12 October 2015: AED 1,110 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 742,913 in October 2010.

What is the rent for unit 1610?

AED 22,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 22,000; the unit has been rented since December 2012.

How big is unit 1610?

901 sqft (83.7 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.

What is unit 1610 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 1610, Lakepoint Tower

Starts from the last sale price (AED 1M, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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