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1-bed · 979 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2009

1807, Lakepoint Tower

Sold prices and rental history: sold twice, last in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1807 · DLD and Ejari recordsUpdated 15 March 2017
Last soldAED 950K15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1807, Lakepoint Tower

What is 1807 worth today?

Last sold for AED 950,000 in 2017

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15 Mar 2017SoldReady
AED 950,000AED 970 per sqft
8 Aug 2010Sold by developerReady
AED 690,846AED 705 per sqft

Source: Dubai Land Department. Updated 15 March 2017.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
18th of 44
Parking
DMCC-0052
Developer
GGICO
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 950K · March 2017
Building
Lakepoint Tower

About 1807, Lakepoint Tower

1807 is a one-bedroom apartment of 979 sqft on the 18th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 15 March 2017 for AED 950,000, or AED 970 per sqft, 3% above the AED 938 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1807 over time

Sales
Unit 1807, 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, August 2010: AED 690,846 (AED 705 per sqft)Sold, March 2017: AED 950,000 (AED 970 per sqft)

1807 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1807, 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 70,000

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 1807 sits

All 288 1-beds →

1807 last sold in March 2017 at AED 970 per sqft, 3% above what one-beds in Lakepoint Tower were fetching at the time (AED 938). 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.

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 18th floor

All 413 units in Lakepoint Tower
Value
18011-bedAED 880K · May 2023
18021-bedAED 735K · Mar 2011
18031-bedAED 675K · Jun 2011
18041-bedAED 840K · Dec 2016
18051-bedAED 705K · Jun 2013
18061-bedAED 560K · Feb 2022
18081-bedAED 930K · Dec 2016
1–7 of 11

1807, Lakepoint Tower in numbers

  • Sold twice: first on 8 August 2010 for AED 690,846, last on 15 March 2017 for AED 950,000 (AED 970 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 15 March 2017.

Questions about 1807, Lakepoint Tower

What did unit 1807 last sell for?

AED 950,000 on 15 March 2017: AED 970 per sqft for 979 sqft. The unit has 2 registered sales; the first was AED 690,846 in August 2010.

How big is unit 1807?

979 sqft (91.0 sqm): a one-bedroom apartment on the 18th floor of a 44-storey tower completed in 2009.

What is unit 1807 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 1807, Lakepoint Tower

Starts from the last sale price (AED 950K, 15 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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