1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 26th floor · completed 2009

2602, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 636K17 October 2012
Current rentAED 70K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Lakepoint Tower

What is 2602 worth today?

Last sold for AED 635,753 in 2012

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1 Jun 2026RentedRenewal
AED 70,000/yr12 months · AED 78 per sqft
1 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
12 Oct 2024RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
12 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
1 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
1 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 40 per sqft
1 Aug 2020RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
1 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
26th of 44
Parking
B2-104
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 636K · October 2012

About 2602, Lakepoint Tower

2602 is a one-bedroom apartment of 901 sqft on the 26th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 17 October 2012 for AED 635,753, or AED 705 per sqft, 13% above the AED 622 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 70,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 11,500 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical one-bed in Lakepoint Tower
500K750K1M2009201420192024Typical 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 2012: AED 635,753 (AED 705 per sqft)

2602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2602, 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, July 2014: AED 80,000 a yearNew contract, December 2016: AED 78,000 a yearNew contract, December 2017: AED 72,000 a yearNew contract, August 2019: AED 48,000 a yearRenewal, August 2020: AED 40,000 a yearNew contract, September 2021: AED 36,000 a yearRenewal, September 2022: AED 45,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, October 2024: AED 65,000 a yearNew contract, June 2025: AED 70,000 a yearRenewal, June 2026: AED 70,000 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 2602 sits

All 288 1-beds →

2602 last sold in October 2012 at AED 705 per sqft, 13% above what one-beds in Lakepoint Tower were fetching at the time (AED 622). 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. 2602's AED 70,000 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 26th floor

All 413 units in Lakepoint Tower
Value
26012-bedAED 1.1M · Jan 2024
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

2602, Lakepoint Tower in numbers

  • Sold once: by GGICO on 17 October 2012 for AED 635,753, or AED 705 per sqft.
  • Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 36,000 in 2021 and recovered to AED 70,000 by June 2026.
  • At AED 70,000 a year the gross yield on the 2012 price is 11.0%, 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 1 June 2026.

Questions about 2602, Lakepoint Tower

What did unit 2602 last sell for?

AED 635,753 on 17 October 2012, 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 2602?

AED 70,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since July 2014.

How big is unit 2602?

901 sqft (83.7 sqm): a one-bedroom apartment on the 26th floor of a 44-storey tower completed in 2009.

What is unit 2602 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 2602, Lakepoint Tower

Starts from the last sale price (AED 636K, 17 October 2012). 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 →