1703, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Lakepoint Tower
What is 1703 worth today?
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Source: Dubai Land Department. Updated 22 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 17th of 44
- Parking
- B1-32
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 550K · April 2022
- Building
- Lakepoint Tower
About 1703, Lakepoint Tower
1703 is a one-bedroom apartment of 973 sqft on the 17th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 19 April 2022 for AED 550,000, or AED 565 per sqft, in line with the AED 551 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 July 2025, is AED 58,407 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 288 1-beds →1703 last sold in April 2022 at AED 565 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 551). 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. 1703's AED 58,407 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 17th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 979 sqft | AED 970KAED 970,000 · Jun 2023June 2023 | 80,000 /yr | |
| 1702 | 1-bed | 901 sqft | AED 435KAED 435,000 · Nov 2020November 2020 | 75,000 /yr | |
| 1704 | 1-bed | 901 sqft | AED 497KAED 497,000 · Jul 2021July 2021 | 36,000 /yr | |
| 1705 | 1-bed | 979 sqft | AED 940KAED 940,000 · Jan 2025January 2025 | 70,000 /yr | |
| 1706 | 1-bed | 851 sqft | AED 870KAED 870,000 · Jul 2017July 2017 | 80,000 /yr | |
| 1707 | 1-bed | 979 sqft | AED 600KAED 600,000 · Apr 2022April 2022 | 82,000 /yr | |
| 1708 | 1-bed | 901 sqft | AED 730KAED 730,000 · Feb 2014February 2014 | 72,407 /yr | |
| 1709 | 1-bed | 973 sqft | AED 490KAED 490,000 · Feb 2022February 2022 | 75,000 /yr | |
| 1710 | 1-bed | 901 sqft | AED 950KAED 950,000 · Feb 2026February 2026 | 75,000 /yr | |
| 1711 | 1-bed | 979 sqft | AED 797KAED 796,837 · Dec 2025December 2025 | 68,000 /yr | |
| 1712 | 1-bed | 851 sqft | AED 607KAED 606,763 · Jun 2013June 2013 | 70,000 /yr |
1703, Lakepoint Tower in numbers
- Sold once: by GGICO on 19 April 2022 for AED 550,000, or AED 565 per sqft.
- Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 82,000 to AED 39,000 in 2021 and recovered to AED 58,407 by July 2025.
- At AED 58,407 a year the gross yield on the 2022 price is 10.6%, 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 July 2025.
Questions about 1703, Lakepoint Tower
What did unit 1703 last sell for?
AED 550,000 on 19 April 2022, sold by the developer: AED 565 per sqft for 973 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 58,407 a year on the contract renewed on 22 July 2025. The previous contract, from July 2024, was AED 59,512; the unit has been rented since February 2015.
How big is unit 1703?
973 sqft (90.4 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2009.
What is unit 1703 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 1703, Lakepoint Tower
Starts from the last sale price (AED 550K, 19 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →