312, Lakepoint Tower
Sold prices and rental history: sold twice, last in July 2024, 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 312, Lakepoint Tower
What is 312 worth today?
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Source: Dubai Land Department. Updated 9 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 3rd of 44
- Parking
- B1-02
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 740K · July 2024
- Building
- Lakepoint Tower
About 312, Lakepoint Tower
312 is a one-bedroom apartment of 851 sqft on the 3rd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 9 July 2024 for AED 740,000, or AED 869 per sqft, 5% above the AED 830 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 11 March 2024, is AED 63,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 10,900 a year.
Sales and rents for 312 over time
312 has sold twice; 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 312 sits
All 288 1-beds →312 last sold in July 2024 at AED 869 per sqft, 5% above what one-beds in Lakepoint Tower were fetching at the time (AED 830). 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. 312's AED 63,000 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 3rd floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 979 sqft | AED 950KAED 950,000 · Jul 2016July 2016 | 78,000 /yr | |
| 302 | 1-bed | 901 sqft | AED 665KAED 665,000 · Jan 2019January 2019 | 62,000 /yr | |
| 303 | 1-bed | 973 sqft | AED 960KAED 960,000 · Feb 2014February 2014 | 65,000 /yr | |
| 304 | 1-bed | 901 sqft | AED 725KAED 725,000 · Nov 2023November 2023 | 80,000 /yr | |
| 305 | 1-bed | 979 sqft | AED 1.01MAED 1,010,000 · Jul 2026July 2026 | 67,000 /yr | |
| 306 | 1-bed | 851 sqft | AED 589KAED 588,892 · Sep 2013September 2013 | 40,000 /yr | |
| 307 | 1-bed | 979 sqft | AED 673KAED 672,634 · Sep 2013September 2013 | 65,000 /yr | |
| 308 | 1-bed | 901 sqft | AED 833KAED 832,963 · Oct 2010October 2010 | 63,525 /yr | |
| 309 | 1-bed | 973 sqft | AED 749KAED 748,549 · Dec 2025December 2025 | 74,000 /yr | |
| 310 | 1-bed | 901 sqft | AED 570KAED 570,000 · Jan 2023January 2023 | 65,928 /yr | |
| 311 | 1-bed | 979 sqft | AED 1.06MAED 1,055,000 · Aug 2026August 2026 | 54,000 /yr |
312, Lakepoint Tower in numbers
- Sold twice: first on 16 August 2009 for AED 551,362, last on 9 July 2024 for AED 740,000 (AED 869 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 52,500 to AED 39,000 in 2020 and recovered to AED 63,000 by March 2024.
- At AED 63,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 10,900 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 9 July 2024.
Questions about 312, Lakepoint Tower
What did unit 312 last sell for?
AED 740,000 on 9 July 2024: AED 869 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 551,362 in August 2009.
What is the rent for unit 312?
AED 63,000 a year on the contract renewed on 11 March 2024. The previous contract, from March 2023, was AED 60,000; the unit has been rented since May 2013.
How big is unit 312?
851 sqft (79.1 sqm): a one-bedroom apartment on the 3rd floor of a 44-storey tower completed in 2009.
What is unit 312 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 312, Lakepoint Tower
Starts from the last sale price (AED 740K, 9 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →