3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2009

3403, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3403 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 940K16 February 2021
Current rentAED 105K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3403, Lakepoint Tower

What is 3403 worth today?

Last sold for AED 940,000 in 2021

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25 Jun 2024RentedRenewal
AED 105,000/yr12 months · AED 54 per sqft
25 Jun 2023RentedRenewal
AED 95,000/yr12 months · AED 49 per sqft
25 Jun 2022RentedRenewal
AED 85,000/yr12 months · AED 44 per sqft
25 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 41 per sqft
16 Feb 2021SoldReady
AED 940,000AED 481 per sqft
1 Feb 2020RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
20 Nov 2018RentedRenewal
AED 115,000/yr12 months · AED 59 per sqft
20 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
34th of 44
Parking
B2-86, 87
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 940K · February 2021

About 3403, Lakepoint Tower

3403 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 February 2021 for AED 940,000, or AED 481 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 105,000 a year: a gross yield of 11.2% on the 2021 price, before the service charge of about AED 25,000 a year.

Sales and rents for 3403 over time

Sales
Unit 3403, each saleTypical three-bed in Lakepoint Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,509,188; 2012 AED 1,350,000; 2013 AED 1,433,963; 2014 AED 1,817,719; 2018 AED 1,365,686; 2019 AED 1,200,000; 2021 AED 1,050,000; 2022 AED 1,150,000; 2023 AED 1,600,000; 2024 AED 1,840,000; 2025 AED 2,112,500; 2026 AED 2,400,000Sold by developer, December 2011: AED 1,525,913 (AED 782 per sqft)Sold, January 2012: AED 1,000,000 (AED 512 per sqft)Sold, February 2021: AED 940,000 (AED 481 per sqft)

3403 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3403, each contractTypical three-bed in Lakepoint Tower
100K150K2012201620202024Typical rent by year: 2012 AED 86,000; 2013 AED 95,000; 2014 AED 137,500; 2015 AED 146,250; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 101,538; 2021 AED 85,500; 2022 AED 105,000; 2023 AED 116,500; 2024 AED 143,500; 2025 AED 145,000; 2026 AED 150,000New contract, October 2013: AED 130,000 a yearNew contract, November 2013: AED 120,000 a yearRenewal, November 2014: AED 135,000 a yearRenewal, November 2015: AED 142,500 a yearRenewal, November 2016: AED 140,000 a yearNew contract, November 2017: AED 120,000 a yearRenewal, November 2018: AED 115,000 a yearNew contract, February 2020: AED 105,000 a yearNew contract, June 2021: AED 80,000 a yearRenewal, June 2022: AED 85,000 a yearRenewal, June 2023: AED 95,000 a yearRenewal, June 2024: AED 105,000 a year

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 3403 sits

All 52 3-beds →

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. 3403's AED 105,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 May 20262,300,000
26 Mar 20262,175,000
27 Jan 20262,800,000
15 Jan 20262,500,000
6 3-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
34022-bedAED 875K · May 2022
34043-bedAED 1.69M · Nov 2023
34052-bedAED 1.16M · Jun 2013
34063-bedAED 1.02M · Aug 2021

3403, Lakepoint Tower in numbers

  • Sold 3 times: first on 28 December 2011 for AED 1,525,913, last on 16 February 2021 for AED 940,000 (AED 481 per sqft).
  • Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 105,000 by June 2024.
  • At AED 105,000 a year the gross yield on the 2021 price is 11.2%, 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 25 June 2024.

Questions about 3403, Lakepoint Tower

What did unit 3403 last sell for?

AED 940,000 on 16 February 2021: AED 481 per sqft for 1,951 sqft. The unit has 3 registered sales; the first was AED 1,525,913 in December 2011.

What is the rent for unit 3403?

AED 105,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 95,000; the unit has been rented since October 2013.

How big is unit 3403?

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 3403 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 3403, Lakepoint Tower

Starts from the last sale price (AED 940K, 16 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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