2407, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Lakepoint Tower
What is 2407 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 24th of 44
- Parking
- B2-47
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 636K · February 2011
- Building
- Lakepoint Tower
About 2407, Lakepoint Tower
2407 is a one-bedroom apartment of 901 sqft on the 24th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 7 February 2011 for AED 635,753, or AED 705 per sqft, 9% below the AED 772 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 7 February 2026, is AED 68,000 a year: a gross yield of 10.7% on the 2011 price, before the service charge of about AED 11,500 a year.
Sales and rents for 2407 over time
2407 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 2407 sits
All 288 1-beds →2407 last sold in February 2011 at AED 705 per sqft, 9% below what one-beds in Lakepoint Tower were fetching at the time (AED 772). 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. 2407's AED 68,000 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 24th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,405 sqft | AED 1.33MAED 1,325,000 · Apr 2024April 2024 | 110,000 /yr | |
| 2402 | 1-bed | 901 sqft | AED 636KAED 635,753 · Feb 2011February 2011 | 66,000 /yr | |
| 2403 | 1-bed | 973 sqft | AED 1MAED 1,000,000 · Dec 2025December 2025 | ||
| 2404 | 1-bed | 901 sqft | AED 636KAED 635,753 · Feb 2011February 2011 | 68,000 /yr | |
| 2405 | 2-bed | 1,405 sqft | AED 1.34MAED 1,340,000 · Aug 2024August 2024 | 120,000 /yr | |
| 2406 | 2-bed | 1,405 sqft | AED 750KAED 750,000 · May 2021May 2021 | 120,000 /yr | |
| 2408 | 1-bed | 973 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | 90,000 /yr | |
| 2409 | 1-bed | 901 sqft | AED 636KAED 635,753 · Feb 2011February 2011 | 66,000 /yr | |
| 2410 | 2-bed | 1,405 sqft | AED 1.72MAED 1,720,000 · Jul 2026July 2026 | 115,000 /yr |
2407, Lakepoint Tower in numbers
- Sold once: by GGICO on 7 February 2011 for AED 635,753, or AED 705 per sqft.
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2020 and recovered to AED 68,000 by February 2026.
- At AED 68,000 a year the gross yield on the 2011 price is 10.7%, 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 7 February 2026.
Questions about 2407, Lakepoint Tower
What did unit 2407 last sell for?
AED 635,753 on 7 February 2011, sold by the developer: AED 705 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 2407?
AED 68,000 a year on the contract signed on 7 February 2026. The previous contract, from January 2025, was AED 68,200; the unit has been rented since October 2017.
How big is unit 2407?
901 sqft (83.7 sqm): a one-bedroom apartment on the 24th floor of a 44-storey tower completed in 2009.
What is unit 2407 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 2407, Lakepoint Tower
Starts from the last sale price (AED 636K, 7 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 635,753
- Deposit, UAE resident (20%)
- AED 127,151
- Deposit, non-resident (40%)
- AED 254,301
- Monthly over 25 years at 3.7%
- AED 2,601
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →