2901, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, Lakepoint Tower
What is 2901 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 29th of 44
- Parking
- DMCC-2298
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.15M · February 2014
- Building
- Lakepoint Tower
About 2901, Lakepoint Tower
2901 is a two-bedroom apartment of 1,405 sqft on the 29th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 9 February 2014 for AED 1,151,785, or AED 819 per sqft, 5% above the AED 780 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 April 2024, is AED 100,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 18,000 a year.
Sales and rents for 2901 over time
2901 has sold once; the dashed line is the two-bed median of each year in the building.
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 2901 sits
All 73 2-beds →2901 last sold in February 2014 at AED 819 per sqft, 5% above what two-beds in Lakepoint Tower were fetching at the time (AED 780). 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. 2901's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 1,405 sqft | 1,720,000 | 1,224 | ||
| 2 Apr 20262 April 2026 | 1,405 sqft | 1,650,000 | 1,174 | ||
| 9 Feb 20269 February 2026 | 1,405 sqft | 1,385,048 | 985 | ||
| 9 Dec 20259 December 2025 | 1,405 sqft | 1,725,000 | 1,227 |
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 29th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 1-bed | 901 sqft | AED 636KAED 635,753 · Feb 2011February 2011 | 65,000 /yr | |
| 2903 | 1-bed | 973 sqft | AED 687KAED 686,656 · May 2013May 2013 | 63,800 /yr | |
| 2904 | 1-bed | 901 sqft | AED 629KAED 628,775 · Oct 2013October 2013 | 72,000 /yr | |
| 2905 | 2-bed | 1,405 sqft | AED 905KAED 904,916 · May 2012May 2012 | 97,020 /yr | |
| 2906 | 2-bed | 1,405 sqft | AED 950KAED 949,926 · Mar 2014March 2014 | 80,000 /yr | |
| 2907 | 1-bed | 901 sqft | AED 515KAED 515,250 · Apr 2022April 2022 | 96,000 /yr | |
| 2908 | 1-bed | 973 sqft | AED 687KAED 686,656 · Feb 2011February 2011 | 70,000 /yr | |
| 2909 | 1-bed | 901 sqft | AED 900KAED 900,000 · Aug 2013August 2013 | 66,000 /yr | |
| 2910 | 2-bed | 1,405 sqft | AED 1.65MAED 1,650,000 · Apr 2026April 2026 | 105,000 /yr |
2901, Lakepoint Tower in numbers
- Sold once: by GGICO on 9 February 2014 for AED 1,151,785, or AED 819 per sqft.
- Rented since April 2013 on 8 Ejari contracts, from AED 63,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2014 price is 8.7%, 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 1 April 2024.
Questions about 2901, Lakepoint Tower
What did unit 2901 last sell for?
AED 1,151,785 on 9 February 2014, sold by the developer: AED 819 per sqft for 1,405 sqft. It is the only registered sale of the unit.
What is the rent for unit 2901?
AED 100,000 a year on the contract signed on 1 April 2024. The previous contract, from December 2022, was AED 82,000; the unit has been rented since April 2013.
How big is unit 2901?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.
What is unit 2901 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 2901, Lakepoint Tower
Starts from the last sale price (AED 1.15M, 9 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,151,785
- Deposit, UAE resident (20%)
- AED 230,357
- Deposit, non-resident (40%)
- AED 460,714
- Monthly over 25 years at 3.7%
- AED 4,712
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →