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2-bed · 1,405 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 31st floor · completed 2009

3106, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented once, from August 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3106 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 1.4M30 July 2024
Current rentAED 60K /yr15 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3106, Lakepoint Tower

What is 3106 worth today?

Last sold for AED 1,400,000 in 2024

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30 Jul 2024SoldReady
AED 1,400,000AED 996 per sqft
15 Aug 2015RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
23 Oct 2012SoldReady
AED 1,200,000AED 854 per sqft
3 Sep 2009Sold by developerReady
AED 996,621AED 709 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
31st of 44
Parking
B1-23
Developer
GGICO
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 1.4M · July 2024
Building
Lakepoint Tower

About 3106, Lakepoint Tower

3106 is a two-bedroom apartment of 1,405 sqft on the 31st floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 30 July 2024 for AED 1,400,000, or AED 996 per sqft, 25% above the AED 800 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2015. The current contract, signed on 15 August 2015, is AED 60,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 3106 over time

Sales
Unit 3106, 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 996,621 (AED 709 per sqft)Sold, October 2012: AED 1,200,000 (AED 854 per sqft)Sold, July 2024: AED 1,400,000 (AED 996 per sqft)

3106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3106, 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, August 2015: AED 60,000 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 3106 sits

All 73 2-beds →

3106 last sold in July 2024 at AED 996 per sqft, 25% above what two-beds in Lakepoint Tower were fetching at the time (AED 800). 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. 3106's AED 60,000 is at the bottom 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 31st floor

All 413 units in Lakepoint Tower
Value
31012-bedAED 1.16M · Jan 2011
31021-bedAED 664K · Mar 2013
31031-bedAED 950K · Aug 2014
31041-bedAED 1.1M · Mar 2016
31052-bedAED 2.05M · Aug 2023
31071-bedAED 1M · Oct 2026
31081-bedAED 687K · Feb 2011
1–7 of 9

3106, Lakepoint Tower in numbers

  • Sold 3 times: first on 3 September 2009 for AED 996,621, last on 30 July 2024 for AED 1,400,000 (AED 996 per sqft).
  • Rented since August 2015 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 4.3%, 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 30 July 2024.

Questions about 3106, Lakepoint Tower

What did unit 3106 last sell for?

AED 1,400,000 on 30 July 2024: AED 996 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 996,621 in September 2009.

What is the rent for unit 3106?

AED 60,000 a year on the contract signed on 15 August 2015.

How big is unit 3106?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 31st floor of a 44-storey tower completed in 2009.

What is unit 3106 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 3106, Lakepoint Tower

Starts from the last sale price (AED 1.4M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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