2-bed · 1,405 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2009

2805, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 902K3 September 2009
Current rentAED 77K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2805, Lakepoint Tower

What is 2805 worth today?

Last sold for AED 902,444 in 2009

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1 Sep 2024RentedRenewal
AED 77,000/yr12 months · AED 55 per sqft
1 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
1 Jun 2022RentedNew contract
AED 45,600/yr15 months · AED 32 per sqft
1 Sep 2021RentedRenewal
AED 53,000/yr12 months · AED 38 per sqft
1 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 43 per sqft
1 Aug 2019RentedNew contract
AED 65,000/yr13 months · AED 46 per sqft
4 May 2018RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft
4 May 2017RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
28th of 44
Parking
B1-39
Developer
GGICO
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 902K · September 2009

About 2805, Lakepoint Tower

2805 is a two-bedroom apartment of 1,405 sqft on the 28th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 3 September 2009 for AED 902,444, or AED 642 per sqft, in line with the AED 661 two-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 September 2024, is AED 77,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 18,000 a year.

Sales and rents for 2805 over time

Sales
Unit 2805, each saleTypical two-bed in Lakepoint Tower
500K1M1.5M2009201420192024Typical 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, September 2009: AED 902,444 (AED 642 per sqft)

2805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2805, 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, May 2014: AED 65,181 a yearRenewal, May 2015: AED 65,000 a yearRenewal, May 2016: AED 65,181 a yearRenewal, May 2017: AED 65,000 a yearRenewal, May 2018: AED 65,000 a yearNew contract, August 2019: AED 65,000 a yearRenewal, September 2020: AED 60,000 a yearRenewal, September 2021: AED 53,000 a yearNew contract, June 2022: AED 45,600 a yearNew contract, September 2023: AED 70,000 a yearRenewal, September 2024: AED 77,000 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 2805 sits

All 73 2-beds →

2805 last sold in September 2009 at AED 642 per sqft, in line with what two-beds in Lakepoint Tower were fetching at the time (AED 661). 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. 2805's AED 77,000 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 28th floor

All 413 units in Lakepoint Tower
Value
28012-bedAED 938K · Nov 2009
28021-bedAED 636K · Feb 2011
28031-bedAED 687K · Feb 2011
28041-bedAED 636K · Feb 2011
28062-bedAED 927K · Jan 2011
28071-bedAED 1.07M · Feb 2014
28081-bedAED 687K · Feb 2011
1–7 of 9

2805, Lakepoint Tower in numbers

  • Sold once: by GGICO on 3 September 2009 for AED 902,444, or AED 642 per sqft.
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 65,181 to AED 45,600 in 2022 and recovered to AED 77,000 by September 2024.
  • At AED 77,000 a year the gross yield on the 2009 price is 8.5%, 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 1 September 2024.

Questions about 2805, Lakepoint Tower

What did unit 2805 last sell for?

AED 902,444 on 3 September 2009, sold by the developer: AED 642 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 2805?

AED 77,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since May 2014.

How big is unit 2805?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 28th floor of a 44-storey tower completed in 2009.

What is unit 2805 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 2805, Lakepoint Tower

Starts from the last sale price (AED 902K, 3 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 902,444
Deposit, UAE resident (20%)
AED 180,489
Deposit, non-resident (40%)
AED 360,978
Monthly over 25 years at 3.7%
AED 3,692

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