3401, Lakepoint Tower
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3401, Lakepoint Tower
What is 3401 worth today?
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Source: Dubai Land Department. Updated 16 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,951 sqft
- Floor
- 34th of 44
- Parking
- DMCC-2022, 2023
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.62M · October 2023
- Building
- Lakepoint Tower
About 3401, Lakepoint Tower
3401 is a three-bedroom apartment of 1,951 sqft on the 34th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 16 October 2023 for AED 1,622,222, or AED 831 per sqft, 5% above the AED 792 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 24 June 2022, is AED 100,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 25,000 a year.
Sales and rents for 3401 over time
3401 has sold twice; 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 3401 sits
All 52 3-beds →3401 last sold in October 2023 at AED 831 per sqft, 5% above what three-beds in Lakepoint Tower were fetching at the time (AED 792). 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. 3401's AED 100,000 is at the bottom 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 34th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3402 | 2-bed | 1,590 sqft | AED 875KAED 875,000 · May 2022May 2022 | 60,000 /yr | |
| 3403 | 3-bed | 1,951 sqft | AED 940KAED 940,000 · Feb 2021February 2021 | 105,000 /yr | |
| 3404 | 3-bed | 1,951 sqft | AED 1.69MAED 1,690,000 · Nov 2023November 2023 | 90,000 /yr | |
| 3405 | 2-bed | 1,590 sqft | AED 1.16MAED 1,162,144 · Jun 2013June 2013 | ||
| 3406 | 3-bed | 1,951 sqft | AED 1.02MAED 1,020,000 · Aug 2021August 2021 | 25,000 /yr |
3401, Lakepoint Tower in numbers
- Sold twice: first on 13 May 2013 for AED 1,433,963, last on 16 October 2023 for AED 1,622,222 (AED 831 per sqft).
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 75,000 in 2021 and recovered to AED 100,000 by June 2022.
- At AED 100,000 a year the gross yield on the 2023 price is 6.2%, 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 16 October 2023.
Questions about 3401, Lakepoint Tower
What did unit 3401 last sell for?
AED 1,622,222 on 16 October 2023: AED 831 per sqft for 1,951 sqft. The unit has 2 registered sales; the first was AED 1,433,963 in May 2013.
What is the rent for unit 3401?
AED 100,000 a year on the contract signed on 24 June 2022. The previous contract, from May 2021, was AED 75,000; the unit has been rented since May 2015.
How big is unit 3401?
1,951 sqft (181.3 sqm): a three-bedroom apartment on the 34th floor of a 44-storey tower completed in 2009.
What is unit 3401 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 3401, Lakepoint Tower
Starts from the last sale price (AED 1.62M, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,622,222
- Deposit, UAE resident (20%)
- AED 324,444
- Deposit, non-resident (40%)
- AED 648,889
- Monthly over 25 years at 3.7%
- AED 6,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →