1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2009

2004, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 880K15 November 2024
Current rentAED 71K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Lakepoint Tower

What is 2004 worth today?

Last sold for AED 880,000 in 2024

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15 Nov 2024SoldReady
AED 880,000AED 977 per sqft
15 Nov 2024RentedNew contract
AED 70,857/yr2 months · AED 78 per sqft
19 Oct 2016SoldReady
AED 420,000AED 466 per sqft
27 Oct 2013Sold by developerReady
AED 765,425AED 849 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
20th of 44
Parking
DMCC-0125
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 880K · November 2024

About 2004, Lakepoint Tower

2004 is a one-bedroom apartment of 901 sqft on the 20th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 15 November 2024 for AED 880,000, or AED 977 per sqft, 12% above the AED 869 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2024. The current contract, signed on 15 November 2024, is AED 70,857 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical one-bed in Lakepoint Tower
500K1M2009201420192024Typical 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, October 2013: AED 765,425 (AED 849 per sqft)Sold, October 2016: AED 420,000 (AED 466 per sqft)Sold, November 2024: AED 880,000 (AED 977 per sqft)

2004 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, 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, November 2024: AED 70,857 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 2004 sits

All 288 1-beds →

2004 last sold in November 2024 at AED 977 per sqft, 12% above what one-beds in Lakepoint Tower were fetching at the time (AED 869). 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. 2004's AED 70,857 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 20th floor

All 413 units in Lakepoint Tower
Value
20012-bedAED 1.44M · Jan 2014
20021-bedAED 950K · May 2015
20031-bedAED 681K · Sep 2012
20052-bedAED 1.4M · Mar 2016
20062-bedAED 1.01M · Jan 2012
20071-bedAED 1.1M · Nov 2015
20081-bedAED 977K · Sep 2010
1–7 of 9

2004, Lakepoint Tower in numbers

  • Sold 3 times: first on 27 October 2013 for AED 765,425, last on 15 November 2024 for AED 880,000 (AED 977 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 70,857 a year.
  • At AED 70,857 a year the gross yield on the 2024 price is 8.1%, 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 15 November 2024.

Questions about 2004, Lakepoint Tower

What did unit 2004 last sell for?

AED 880,000 on 15 November 2024: AED 977 per sqft for 901 sqft. The unit has 3 registered sales; the first was AED 765,425 in October 2013.

What is the rent for unit 2004?

AED 70,857 a year on the contract signed on 15 November 2024.

How big is unit 2004?

901 sqft (83.7 sqm): a one-bedroom apartment on the 20th floor of a 44-storey tower completed in 2009.

What is unit 2004 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 2004, Lakepoint Tower

Starts from the last sale price (AED 880K, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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