2007, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Lakepoint Tower
What is 2007 worth today?
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Source: Dubai Land Department. Updated 30 August 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 20th of 44
- Parking
- DMCC-1193
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1.1M · November 2015
- Building
- Lakepoint Tower
About 2007, Lakepoint Tower
2007 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. The developer sold it on 23 November 2015 for AED 1,100,000, or AED 1,221 per sqft, 25% above the AED 978 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 30 August 2018, is AED 65,095 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 11,500 a year.
Sales and rents for 2007 over time
2007 has sold once; the dashed line is the one-bed median of each year in the building.
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 2007 sits
All 288 1-beds →2007 last sold in November 2015 at AED 1,221 per sqft, 25% above what one-beds in Lakepoint Tower were fetching at the time (AED 978). 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. 2007's AED 65,095 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
Lakepoint Tower
Building413 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%
Other units on the 20th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,405 sqft | AED 1.44MAED 1,440,000 · Jan 2014January 2014 | 93,000 /yr | |
| 2002 | 1-bed | 901 sqft | AED 950KAED 950,000 · May 2015May 2015 | 60,000 /yr | |
| 2003 | 1-bed | 973 sqft | AED 681KAED 680,820 · Sep 2012September 2012 | 43,878 /yr | |
| 2004 | 1-bed | 901 sqft | AED 880KAED 880,000 · Nov 2024November 2024 | 70,857 /yr | |
| 2005 | 2-bed | 1,405 sqft | AED 1.4MAED 1,400,000 · Mar 2016March 2016 | 130,000 /yr | |
| 2006 | 2-bed | 1,405 sqft | AED 1.01MAED 1,010,051 · Jan 2012January 2012 | 105,000 /yr | |
| 2008 | 1-bed | 973 sqft | AED 977KAED 977,463 · Sep 2010September 2010 | 63,300 /yr | |
| 2009 | 1-bed | 901 sqft | AED 700KAED 700,000 · Dec 2023December 2023 | 65,000 /yr | |
| 2010 | 2-bed | 1,405 sqft | AED 890KAED 890,000 · Jul 2019July 2019 | 90,000 /yr |
2007, Lakepoint Tower in numbers
- Sold once: by GGICO on 23 November 2015 for AED 1,100,000, or AED 1,221 per sqft.
- Rented since February 2016 on 3 Ejari contracts, from AED 75,000 to AED 65,095 a year.
- At AED 65,095 a year the gross yield on the 2015 price is 5.9%, 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 30 August 2018.
Questions about 2007, Lakepoint Tower
What did unit 2007 last sell for?
AED 1,100,000 on 23 November 2015, sold by the developer: AED 1,221 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 2007?
AED 65,095 a year on the contract renewed on 30 August 2018. The previous contract, from July 2017, was AED 60,000; the unit has been rented since February 2016.
How big is unit 2007?
901 sqft (83.7 sqm): a one-bedroom apartment on the 20th floor of a 44-storey tower completed in 2009.
What is unit 2007 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 2007, Lakepoint Tower
Starts from the last sale price (AED 1.1M, 23 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →