2-bed · 1,405 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 26th floor · completed 2009

2601, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 1.1M26 January 2024
Current rentAED 85K /yr25 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, Lakepoint Tower

What is 2601 worth today?

Last sold for AED 1,100,000 in 2024

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26 Jan 2024SoldReady
AED 1,100,000AED 783 per sqft
25 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 61 per sqft
25 Sep 2022RentedRenewal
AED 66,000/yr12 months · AED 47 per sqft
25 Sep 2021RentedRenewal
AED 58,000/yr12 months · AED 41 per sqft
25 Sep 2020RentedNew contract
AED 53,000/yr12 months · AED 38 per sqft
15 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
15 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
15 Jul 2017RentedRenewal
AED 111,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
26th of 44
Parking
B1-41
Developer
GGICO
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 1.1M · January 2024

About 2601, Lakepoint Tower

2601 is a two-bedroom apartment of 1,405 sqft on the 26th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 26 January 2024 for AED 1,100,000, or AED 783 per sqft, 6% above the AED 740 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 25 September 2023, is AED 85,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, each saleTypical two-bed in Lakepoint Tower
1M2009201420192024Typical 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, April 2012: AED 466,563 (AED 332 per sqft)Sold, February 2014: AED 750,000 (AED 533 per sqft)Sold, January 2024: AED 1,100,000 (AED 783 per sqft)

2601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, 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, July 2016: AED 123,000 a yearRenewal, July 2017: AED 111,000 a yearRenewal, July 2018: AED 100,000 a yearRenewal, July 2019: AED 80,000 a yearNew contract, September 2020: AED 53,000 a yearRenewal, September 2021: AED 58,000 a yearRenewal, September 2022: AED 66,000 a yearRenewal, September 2023: AED 85,000 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 2601 sits

All 73 2-beds →

2601 last sold in January 2024 at AED 783 per sqft, 6% above what two-beds in Lakepoint Tower were fetching at the time (AED 740). 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. 2601's AED 85,000 is in the lower half 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 26th floor

All 413 units in Lakepoint Tower
Value
26021-bedAED 636K · Oct 2012
26031-bedAED 687K · Feb 2011
26041-bedAED 636K · Aug 2009
26052-bedAED 854K · Jun 2014
26062-bedAED 1.05M · May 2023
26071-bedAED 636K · Feb 2011
26081-bedAED 687K · Feb 2011
1–7 of 9

2601, Lakepoint Tower in numbers

  • Sold 3 times: first on 23 April 2012 for AED 466,563, last on 26 January 2024 for AED 1,100,000 (AED 783 per sqft).
  • Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 123,000 to AED 53,000 in 2020 and recovered to AED 85,000 by September 2023.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.7%, 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 26 January 2024.

Questions about 2601, Lakepoint Tower

What did unit 2601 last sell for?

AED 1,100,000 on 26 January 2024: AED 783 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 466,563 in April 2012.

What is the rent for unit 2601?

AED 85,000 a year on the contract renewed on 25 September 2023. The previous contract, from September 2022, was AED 66,000; the unit has been rented since July 2016.

How big is unit 2601?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 26th floor of a 44-storey tower completed in 2009.

What is unit 2601 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 2601, Lakepoint Tower

Starts from the last sale price (AED 1.1M, 26 January 2024). 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 →