1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2009

1708, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 730K9 February 2014
Current rentAED 72K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Lakepoint Tower

What is 1708 worth today?

Last sold for AED 730,000 in 2014

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25 Mar 2026RentedRenewal
AED 72,407/yr7 months · AED 80 per sqft
25 Mar 2025RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
25 Mar 2025RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
20 Aug 2024RentedRenewal
AED 56,900/yr12 months · AED 63 per sqft
20 Aug 2023RentedRenewal
AED 49,500/yr12 months · AED 55 per sqft
20 Aug 2022RentedNew contract
AED 43,000/yr12 months · AED 48 per sqft
10 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
24 Apr 2017RentedNew contract
AED 69,806/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
17th of 44
Parking
DMCC-0046
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 730K · February 2014

About 1708, Lakepoint Tower

1708 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. The developer sold it on 9 February 2014 for AED 730,000, or AED 810 per sqft, 3% above the AED 786 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 72,407 a year: a gross yield of 9.9% on the 2014 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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, February 2014: AED 730,000 (AED 810 per sqft)

1708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in Lakepoint Tower
40K60K80K2012201620202024Typical 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, April 2017: AED 69,806 a yearNew contract, August 2021: AED 40,000 a yearNew contract, August 2022: AED 43,000 a yearRenewal, August 2023: AED 49,500 a yearRenewal, August 2024: AED 56,900 a yearNew contract, March 2025: AED 72,000 a yearNew contract, March 2025: AED 72,000 a yearRenewal, March 2026: AED 72,407 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 1708 sits

All 288 1-beds →

1708 last sold in February 2014 at AED 810 per sqft, 3% above what one-beds in Lakepoint Tower were fetching at the time (AED 786). 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. 1708's AED 72,407 is in the lower half 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 17th floor

All 413 units in Lakepoint Tower
Value
17011-bedAED 970K · Jun 2023
17021-bedAED 435K · Nov 2020
17031-bedAED 550K · Apr 2022
17041-bedAED 497K · Jul 2021
17051-bedAED 940K · Jan 2025
17061-bedAED 870K · Jul 2017
17071-bedAED 600K · Apr 2022
1–7 of 11

1708, Lakepoint Tower in numbers

  • Sold once: by GGICO on 9 February 2014 for AED 730,000, or AED 810 per sqft.
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 69,806 to AED 40,000 in 2021 and recovered to AED 72,407 by March 2026.
  • At AED 72,407 a year the gross yield on the 2014 price is 9.9%, 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 25 March 2026.

Questions about 1708, Lakepoint Tower

What did unit 1708 last sell for?

AED 730,000 on 9 February 2014, sold by the developer: AED 810 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 72,407 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 72,000; the unit has been rented since April 2017.

How big is unit 1708?

901 sqft (83.7 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2009.

What is unit 1708 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 1708, Lakepoint Tower

Starts from the last sale price (AED 730K, 9 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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