2903, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, Lakepoint Tower
What is 2903 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 29th of 44
- Parking
- B2-110
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 687K · May 2013
- Building
- Lakepoint Tower
About 2903, Lakepoint Tower
2903 is a one-bedroom apartment of 973 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 22 May 2013 for AED 686,656, or AED 705 per sqft, in line with the AED 714 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 2 October 2024, is AED 63,800 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 12,400 a year.
Sales and rents for 2903 over time
2903 has sold once; the dashed line is the one-bed median of each year in the building.
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 2903 sits
All 288 1-beds →2903 last sold in May 2013 at AED 705 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 714). 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. 2903's AED 63,800 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
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 | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,405 sqft | AED 1.15MAED 1,151,785 · Feb 2014February 2014 | 100,000 /yr | |
| 2902 | 1-bed | 901 sqft | AED 636KAED 635,753 · Feb 2011February 2011 | 65,000 /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 |
2903, Lakepoint Tower in numbers
- Sold once: by GGICO on 22 May 2013 for AED 686,656, or AED 705 per sqft.
- Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 79,000 to AED 35,000 in 2021 and recovered to AED 63,800 by October 2024.
- At AED 63,800 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 12,400 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 2 October 2024.
Questions about 2903, Lakepoint Tower
What did unit 2903 last sell for?
AED 686,656 on 22 May 2013, sold by the developer: AED 705 per sqft for 973 sqft. It is the only registered sale of the unit.
What is the rent for unit 2903?
AED 63,800 a year on the contract renewed on 2 October 2024. The previous contract, from October 2023, was AED 58,000; the unit has been rented since May 2017.
How big is unit 2903?
973 sqft (90.4 sqm): a one-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.
What is unit 2903 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 2903, Lakepoint Tower
Starts from the last sale price (AED 687K, 22 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 686,656
- Deposit, UAE resident (20%)
- AED 137,331
- Deposit, non-resident (40%)
- AED 274,662
- Monthly over 25 years at 3.7%
- AED 2,809
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →