
3203, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3203, Lakepoint Tower
What is 3203 worth today?
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Source: Dubai Land Department. Updated 24 June 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 1,951 sqft
- Floor
- 32nd of 44
- Parking
- DMCC-2014, 2015
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.37M · June 2018
- Building
- Lakepoint Tower
About 3203, Lakepoint Tower
3203 is a three-bedroom apartment of 1,951 sqft on the 32nd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 24 June 2018 for AED 1,365,686, or AED 700 per sqft, in line with the AED 717 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 November 2017, is AED 137,655 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 25,000 a year.
Sales and rents for 3203 over time
3203 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Lakepoint Tower, and where 3203 sits
All 52 3-beds →3203 last sold in June 2018 at AED 700 per sqft, in line with what three-beds in Lakepoint Tower were fetching at the time (AED 717). Over the last 12 months three-beds sold for AED 1,850,000 to 2,800,000, around AED 1,146 per sqft, and rent for AED 115,000 to 208,877 a year. 3203's AED 137,655 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 1,951 sqft | 2,300,000 | 1,178 | ||
| 26 Mar 202626 March 2026 | 1,951 sqft | 2,175,000 | 1,114 | ||
| 27 Jan 202627 January 2026 | 1,951 sqft | 2,800,000 | 1,435 | ||
| 15 Jan 202615 January 2026 | 1,951 sqft | 2,500,000 | 1,281 |
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 32nd floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 3-bed | 1,951 sqft | AED 1.02MAED 1,020,000 · Aug 2021August 2021 | 25,000 /yr | |
| 3202 | 2-bed | 1,590 sqft | AED 1.45MAED 1,450,000 · May 2014May 2014 | 108,000 /yr | |
| 3204 | 3-bed | 1,951 sqft | AED 1.92MAED 1,920,000 · Jul 2016July 2016 | 216,000 /yr | |
| 3205 | 2-bed | 795 sqft | AED 537KAED 537,472 · Oct 2023October 2023 | 90,000 /yr | |
| 3206 | 3-bed | 1,951 sqft | AED 1.02MAED 1,020,000 · Aug 2021August 2021 | 25,000 /yr |
3203, Lakepoint Tower in numbers
- Sold once: by GGICO on 24 June 2018 for AED 1,365,686, or AED 700 per sqft.
- Rented since November 2014 on 4 Ejari contracts, from AED 114,000 to AED 137,655 a year.
- At AED 137,655 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 25,000 a year (AED 12.80 per sqft).
- Three-beds in Lakepoint Tower sold for AED 1,850,000–2,800,000 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 24 June 2018.
Questions about 3203, Lakepoint Tower
What did unit 3203 last sell for?
AED 1,365,686 on 24 June 2018, sold by the developer: AED 700 per sqft for 1,951 sqft. It is the only registered sale of the unit.
What is the rent for unit 3203?
AED 137,655 a year on the contract renewed on 1 November 2017. The previous contract, from November 2016, was AED 137,655; the unit has been rented since November 2014.
How big is unit 3203?
1,951 sqft (181.3 sqm): a three-bedroom apartment on the 32nd floor of a 44-storey tower completed in 2009.
What is unit 3203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Lakepoint Tower sold for AED 1,850,000 to 2,800,000 in the last 12 months, around AED 1,146 per sqft.
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Mortgage on 3203, Lakepoint Tower
Starts from the last sale price (AED 1.37M, 24 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,365,686
- Deposit, UAE resident (20%)
- AED 273,137
- Deposit, non-resident (40%)
- AED 546,274
- Monthly over 25 years at 3.7%
- AED 5,587
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →