1-bed · 973 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2009

1809, Lakepoint Tower

Sold prices and rental history: sold twice, last in March 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 12 March 2012
Last soldAED 520K12 March 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Lakepoint Tower

What is 1809 worth today?

Last sold for AED 520,000 in 2012

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12 Mar 2012SoldReady
AED 520,000AED 534 per sqft
19 Apr 2011Sold by developerReady
AED 816,011AED 838 per sqft

Source: Dubai Land Department. Updated 12 March 2012.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
18th of 44
Parking
B2-66
Developer
GGICO
Completed
2009
Service charge
AED 12,400 /yr
Last sold
AED 520K · March 2012

About 1809, Lakepoint Tower

1809 is a one-bedroom apartment of 973 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 12 March 2012 for AED 520,000, or AED 534 per sqft, 5% below the AED 560 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1809 over time

Sales
Unit 1809, 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, April 2011: AED 816,011 (AED 838 per sqft)Sold, March 2012: AED 520,000 (AED 534 per sqft)

1809 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1809, 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 1809 sits

All 288 1-beds →

1809 last sold in March 2012 at AED 534 per sqft, 5% below what one-beds in Lakepoint Tower were fetching at the time (AED 560). 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
18071-bedAED 950K · Mar 2017
1–7 of 11

1809, Lakepoint Tower in numbers

  • Sold twice: first on 19 April 2011 for AED 816,011, last on 12 March 2012 for AED 520,000 (AED 534 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 March 2012.

Questions about 1809, Lakepoint Tower

What did unit 1809 last sell for?

AED 520,000 on 12 March 2012: AED 534 per sqft for 973 sqft. The unit has 2 registered sales; the first was AED 816,011 in April 2011.

How big is unit 1809?

973 sqft (90.4 sqm): a one-bedroom apartment on the 18th floor of a 44-storey tower completed in 2009.

What is unit 1809 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 1809, Lakepoint Tower

Starts from the last sale price (AED 520K, 12 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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