1704, Lakepoint Tower
Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Lakepoint Tower
What is 1704 worth today?
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Source: Dubai Land Department. Updated 26 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 17th of 44
- Parking
- DMCC-0043
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 497K · July 2021
- Building
- Lakepoint Tower
About 1704, Lakepoint Tower
1704 is a one-bedroom apartment of 901 sqft on the 17th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 13 July 2021 for AED 497,000, or AED 551 per sqft, in line with the AED 538 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 26 August 2021, is AED 36,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 11,500 a year.
Sales and rents for 1704 over time
1704 has sold twice; 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 1704 sits
All 288 1-beds →1704 last sold in July 2021 at AED 551 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 538). 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. 1704's AED 36,000 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 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 | |
| 1703 | 1-bed | 973 sqft | AED 550KAED 550,000 · Apr 2022April 2022 | 58,407 /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 |
1704, Lakepoint Tower in numbers
- Sold twice: first on 30 June 2015 for AED 642,057, last on 13 July 2021 for AED 497,000 (AED 551 per sqft).
- Rented since May 2014 on 5 Ejari contracts, from AED 75,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2021 price is 7.2%, 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 26 August 2021.
Questions about 1704, Lakepoint Tower
What did unit 1704 last sell for?
AED 497,000 on 13 July 2021: AED 551 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 642,057 in June 2015.
What is the rent for unit 1704?
AED 36,000 a year on the contract signed on 26 August 2021. The previous contract, from June 2019, was AED 58,800; the unit has been rented since May 2014.
How big is unit 1704?
901 sqft (83.7 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2009.
What is unit 1704 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 1704, Lakepoint Tower
Starts from the last sale price (AED 497K, 13 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 497,000
- Deposit, UAE resident (20%)
- AED 99,400
- Deposit, non-resident (40%)
- AED 198,800
- Monthly over 25 years at 3.7%
- AED 2,033
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →