2-bed · 1,405 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2009

1910, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in May 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1910 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 1.26M29 May 2017
Current rentAED 40K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1910, Lakepoint Tower

What is 1910 worth today?

Last sold for AED 1,260,000 in 2017

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1 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 28 per sqft
29 May 2017SoldReady
AED 1,260,000AED 896 per sqft
7 Feb 2014RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
22 Jan 2013RentedNew contract
AED 74,000/yr12 months · AED 52 per sqft
4 Sep 2012SoldReady
AED 950,000AED 676 per sqft
28 Aug 2012Sold by developerReady
AED 1,084,273AED 771 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
19th of 44
Parking
DMCC-0121
Developer
GGICO
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 1.26M · May 2017

About 1910, Lakepoint Tower

1910 is a two-bedroom apartment of 1,405 sqft on the 19th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 29 May 2017 for AED 1,260,000, or AED 896 per sqft, 7% above the AED 839 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 February 2020, is AED 40,000 a year: a gross yield of 3.2% on the 2017 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1910 over time

Sales
Unit 1910, each saleTypical two-bed in Lakepoint Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 938,294; 2010 AED 916,632; 2011 AED 1,054,189; 2012 AED 1,011,456; 2013 AED 1,162,144; 2014 AED 1,311,281; 2015 AED 1,190,473; 2016 AED 1,340,000; 2017 AED 1,250,000; 2019 AED 890,000; 2021 AED 750,000; 2022 AED 672,500; 2023 AED 1,050,000; 2024 AED 1,327,500; 2025 AED 1,705,249; 2026 AED 1,650,000Sold by developer, August 2012: AED 1,084,273 (AED 771 per sqft)Sold, September 2012: AED 950,000 (AED 676 per sqft)Sold, May 2017: AED 1,260,000 (AED 896 per sqft)

1910 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1910, each contractTypical two-bed in Lakepoint Tower
50K100K2012201620202024Typical rent by year: 2012 AED 67,500; 2013 AED 90,000; 2014 AED 101,750; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 80,000; 2020 AED 62,000; 2021 AED 62,000; 2022 AED 70,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 114,500; 2026 AED 108,000New contract, January 2013: AED 74,000 a yearNew contract, February 2014: AED 100,000 a yearNew contract, February 2020: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lakepoint Tower, and where 1910 sits

All 73 2-beds →

1910 last sold in May 2017 at AED 896 per sqft, 7% above what two-beds in Lakepoint Tower were fetching at the time (AED 839). Over the last 12 months two-beds sold for AED 1,385,048 to 1,725,000, around AED 1,199 per sqft, and rent for AED 70,000 to 140,000 a year. 1910's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20261,720,000
2 Apr 20261,650,000
9 Feb 20261,385,048
9 Dec 20251,725,000
4 2-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 19th floor

All 413 units in Lakepoint Tower
Value
19021-bedAED 959K · Oct 2010
19031-bedAED 760K · May 2013
19041-bedAED 1.14M · Nov 2014
19052-bedAED 908K · Jun 2010
19062-bedAED 1.05M · Dec 2012
19071-bedAED 745K · Feb 2011
19081-bedAED 980K · Nov 2015
1–7 of 8

1910, Lakepoint Tower in numbers

  • Sold 3 times: first on 28 August 2012 for AED 1,084,273, last on 29 May 2017 for AED 1,260,000 (AED 896 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 74,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 3.2%, before a service charge of about AED 18,000 a year (AED 12.80 per sqft).
  • Two-beds in Lakepoint Tower sold for AED 1,385,048–1,725,000 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 1 February 2020.

Questions about 1910, Lakepoint Tower

What did unit 1910 last sell for?

AED 1,260,000 on 29 May 2017: AED 896 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 1,084,273 in August 2012.

What is the rent for unit 1910?

AED 40,000 a year on the contract signed on 1 February 2020. The previous contract, from February 2014, was AED 100,000; the unit has been rented since January 2013.

How big is unit 1910?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 19th floor of a 44-storey tower completed in 2009.

What is unit 1910 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lakepoint Tower sold for AED 1,385,048 to 1,725,000 in the last 12 months, around AED 1,199 per sqft.

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Mortgage on 1910, Lakepoint Tower

Starts from the last sale price (AED 1.26M, 29 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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