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1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2009

2702, Lakepoint Tower

Sold prices and rental history: sold 4 times, last in August 2016, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 22 August 2016
Last soldAED 830K22 August 2016
Current rentAED 78K /yr11 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, Lakepoint Tower

What is 2702 worth today?

Last sold for AED 830,000 in 2016

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22 Aug 2016SoldReady
AED 830,000AED 921 per sqft
10 Nov 2014SoldReady
AED 1,100,000AED 1,221 per sqft
27 Mar 2014SoldReady
AED 1,100,000AED 1,221 per sqft
11 Oct 2013RentedNew contract
AED 77,500/yr12 months · AED 86 per sqft
24 Aug 2009Sold by developerReady
AED 635,753AED 705 per sqft

Source: Dubai Land Department. Updated 22 August 2016.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
27th of 44
Parking
DMCC-2277
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 830K · August 2016
Building
Lakepoint Tower

About 2702, Lakepoint Tower

2702 is a one-bedroom apartment of 901 sqft on the 27th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 22 August 2016 for AED 830,000, or AED 921 per sqft, 5% below the AED 970 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 October 2013. The current contract, signed on 11 October 2013, is AED 77,500 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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, August 2009: AED 635,753 (AED 705 per sqft)Sold, March 2014: AED 1,100,000 (AED 1,221 per sqft)Sold, November 2014: AED 1,100,000 (AED 1,221 per sqft)Sold, August 2016: AED 830,000 (AED 921 per sqft)

2702 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2702, 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, October 2013: AED 77,500 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 2702 sits

All 288 1-beds →

2702 last sold in August 2016 at AED 921 per sqft, 5% below what one-beds in Lakepoint Tower were fetching at the time (AED 970). 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. 2702's AED 77,500 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 27th floor

All 413 units in Lakepoint Tower
Value
27012-bedAED 1.73M · Dec 2025
27031-bedAED 687K · Feb 2011
27041-bedAED 636K · Aug 2009
27052-bedAED 1.03M · Aug 2023
27062-bedAED 1.9M · Jul 2025
27071-bedAED 636K · Feb 2011
27081-bedAED 687K · Feb 2011
1–7 of 9

2702, Lakepoint Tower in numbers

  • Sold 4 times: first on 24 August 2009 for AED 635,753, last on 22 August 2016 for AED 830,000 (AED 921 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 77,500 a year.
  • At AED 77,500 a year the gross yield on the 2016 price is 9.3%, 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 22 August 2016.

Questions about 2702, Lakepoint Tower

What did unit 2702 last sell for?

AED 830,000 on 22 August 2016: AED 921 per sqft for 901 sqft. The unit has 4 registered sales; the first was AED 635,753 in August 2009.

What is the rent for unit 2702?

AED 77,500 a year on the contract signed on 11 October 2013.

How big is unit 2702?

901 sqft (83.7 sqm): a one-bedroom apartment on the 27th floor of a 44-storey tower completed in 2009.

What is unit 2702 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 2702, Lakepoint Tower

Starts from the last sale price (AED 830K, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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