1612, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Lakepoint Tower
What is 1612 worth today?
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Source: Dubai Land Department. Updated 12 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 16th of 44
- Parking
- DMCC-0041
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 575K · August 2010
- Building
- Lakepoint Tower
About 1612, Lakepoint Tower
1612 is a one-bedroom apartment of 851 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 17 August 2010 for AED 574,808, or AED 675 per sqft, 9% below the AED 743 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 12 July 2026, is AED 65,000 a year: a gross yield of 11.3% on the 2010 price, before the service charge of about AED 10,900 a year.
Sales and rents for 1612 over time
1612 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 1612 sits
All 288 1-beds →1612 last sold in August 2010 at AED 675 per sqft, 9% below what one-beds in Lakepoint Tower were fetching at the time (AED 743). 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. 1612's AED 65,000 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 | |
| 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, Lakepoint Tower in numbers
- Sold once: by GGICO on 17 August 2010 for AED 574,808, or AED 675 per sqft.
- Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2021 and recovered to AED 65,000 by July 2026.
- At AED 65,000 a year the gross yield on the 2010 price is 11.3%, 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 12 July 2026.
Questions about 1612, Lakepoint Tower
What did unit 1612 last sell for?
AED 574,808 on 17 August 2010, sold by the developer: AED 675 per sqft for 851 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 65,000 a year on the contract signed on 12 July 2026. The previous contract, from December 2025, was AED 72,000; the unit has been rented since December 2013.
How big is unit 1612?
851 sqft (79.1 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.
What is unit 1612 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 1612, Lakepoint Tower
Starts from the last sale price (AED 575K, 17 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 574,808
- Deposit, UAE resident (20%)
- AED 114,962
- Deposit, non-resident (40%)
- AED 229,923
- Monthly over 25 years at 3.7%
- AED 2,352
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →