2-bed · 1,590 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2009

3402, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 875K25 May 2022
Current rentAED 60K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Lakepoint Tower

What is 3402 worth today?

Last sold for AED 875,000 in 2022

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15 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
15 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
25 May 2022SoldReady
AED 875,000AED 550 per sqft
1 Feb 2021RentedNew contract
AED 59,000/yr12 months · AED 37 per sqft
19 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 50 per sqft
19 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
20 Nov 2017RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
20 Nov 2016RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,590 sqft
Floor
34th of 44
Parking
DMCC-3028
Developer
GGICO
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 875K · May 2022

About 3402, Lakepoint Tower

3402 is a two-bedroom apartment of 1,590 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 25 May 2022 for AED 875,000, or AED 550 per sqft.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 15 February 2025, is AED 60,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 20,300 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 2013: AED 1,528,434 (AED 961 per sqft)Sold, December 2014: AED 915,520 (AED 575 per sqft)Sold, May 2022: AED 875,000 (AED 550 per sqft)

3402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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, November 2012: AED 63,000 a yearNew contract, November 2013: AED 95,000 a yearRenewal, November 2014: AED 99,750 a yearRenewal, November 2015: AED 109,725 a yearNew contract, July 2016: AED 110,000 a yearNew contract, November 2016: AED 105,000 a yearRenewal, November 2017: AED 100,000 a yearNew contract, December 2018: AED 90,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, February 2021: AED 59,000 a yearNew contract, February 2025: AED 60,000 a yearNew contract, February 2025: 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 3402 sits

All 73 2-beds →

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. 3402'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 34th floor

All 413 units in Lakepoint Tower
Value
34013-bedAED 1.62M · Oct 2023
34033-bedAED 940K · Feb 2021
34043-bedAED 1.69M · Nov 2023
34052-bedAED 1.16M · Jun 2013
34063-bedAED 1.02M · Aug 2021

3402, Lakepoint Tower in numbers

  • Sold 3 times: first on 10 September 2013 for AED 1,528,434, last on 25 May 2022 for AED 875,000 (AED 550 per sqft).
  • Rented since November 2012 on 12 Ejari contracts, from AED 63,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 20,300 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 15 February 2025.

Questions about 3402, Lakepoint Tower

What did unit 3402 last sell for?

AED 875,000 on 25 May 2022: AED 550 per sqft for 1,590 sqft. The unit has 3 registered sales; the first was AED 1,528,434 in September 2013.

What is the rent for unit 3402?

AED 60,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 60,000; the unit has been rented since November 2012.

How big is unit 3402?

1,590 sqft (147.7 sqm): a two-bedroom apartment on the 34th floor of a 44-storey tower completed in 2009.

What is unit 3402 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 3402, Lakepoint Tower

Starts from the last sale price (AED 875K, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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