3205, Lakepoint Tower
Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3205, Lakepoint Tower
What is 3205 worth today?
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Source: Dubai Land Department. Updated 30 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 795 sqft
- Floor
- 32nd of 44
- Parking
- DMCC-3026
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 537K · October 2023
- Building
- Lakepoint Tower
About 3205, Lakepoint Tower
3205 is a two-bedroom apartment of 795 sqft on the 32nd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 30 October 2023 for AED 537,472, or AED 676 per sqft, 7% below the AED 723 two-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 April 2019, is AED 90,000 a year: a gross yield of 16.8% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 3205 over time
3205 has sold 3 times; 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 3205 sits
All 73 2-beds →3205 last sold in October 2023 at AED 676 per sqft, 7% below what two-beds in Lakepoint Tower were fetching at the time (AED 723). 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. 3205's AED 90,000 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 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 | |
| 3203 | 3-bed | 1,951 sqft | AED 1.37MAED 1,365,686 · Jun 2018June 2018 | 137,655 /yr | |
| 3204 | 3-bed | 1,951 sqft | AED 1.92MAED 1,920,000 · Jul 2016July 2016 | 216,000 /yr | |
| 3206 | 3-bed | 1,951 sqft | AED 1.02MAED 1,020,000 · Aug 2021August 2021 | 25,000 /yr |
3205, Lakepoint Tower in numbers
- Sold 3 times: first on 10 December 2013 for AED 1,521,121, last on 30 October 2023 for AED 537,472 (AED 676 per sqft).
- Rented since April 2016 on 3 Ejari contracts, from AED 125,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 16.8%, before a service charge of about AED 10,200 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 October 2023.
Questions about 3205, Lakepoint Tower
What did unit 3205 last sell for?
AED 537,472 on 30 October 2023: AED 676 per sqft for 795 sqft. The unit has 3 registered sales; the first was AED 1,521,121 in December 2013.
What is the rent for unit 3205?
AED 90,000 a year on the contract renewed on 1 April 2019. The previous contract, from July 2017, was AED 105,000; the unit has been rented since April 2016.
How big is unit 3205?
795 sqft (73.9 sqm): a two-bedroom apartment on the 32nd floor of a 44-storey tower completed in 2009.
What is unit 3205 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 3205, Lakepoint Tower
Starts from the last sale price (AED 537K, 30 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 537,472
- Deposit, UAE resident (20%)
- AED 107,494
- Deposit, non-resident (40%)
- AED 214,989
- Monthly over 25 years at 3.7%
- AED 2,199
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →