3501, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in April 2019, 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 3501, Lakepoint Tower
What is 3501 worth today?
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Source: Dubai Land Department. Updated 15 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,951 sqft
- Floor
- 35th of 44
- Parking
- DMCC-2026, 2027
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.25M · April 2019
- Building
- Lakepoint Tower
About 3501, Lakepoint Tower
3501 is a three-bedroom apartment of 1,951 sqft on the 35th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 1 April 2019 for AED 1,250,000, or AED 640 per sqft, in line with the AED 640 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 September 2022, is AED 105,000 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 25,000 a year.
Sales and rents for 3501 over time
3501 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 3501 sits
All 52 3-beds →3501 last sold in April 2019 at AED 640 per sqft, in line with what three-beds in Lakepoint Tower were fetching at the time (AED 640). 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. 3501's AED 105,000 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 35th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 2-bed | 1,590 sqft | AED 1.15MAED 1,150,000 · Feb 2019February 2019 | ||
| 3503 | 3-bed | 325 sqft | AED 182KAED 181,650 · Dec 2021December 2021 | ||
| 3504 | 3-bed | 1,951 sqft | AED 1.35MAED 1,350,000 · Nov 2012November 2012 | ||
| 3505 | 2-bed | 1,590 sqft | AED 1.16MAED 1,162,144 · May 2013May 2013 | 70,000 /yr | |
| 3506 | 3-bed | 1,951 sqft | AED 2.35MAED 2,350,000 · Dec 2024December 2024 | 189,735 /yr |
3501, Lakepoint Tower in numbers
- Sold once: by GGICO on 1 April 2019 for AED 1,250,000, or AED 640 per sqft.
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 85,000 in 2021 and recovered to AED 105,000 by September 2022.
- At AED 105,000 a year the gross yield on the 2019 price is 8.4%, 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 15 September 2022.
Questions about 3501, Lakepoint Tower
What did unit 3501 last sell for?
AED 1,250,000 on 1 April 2019, sold by the developer: AED 640 per sqft for 1,951 sqft. It is the only registered sale of the unit.
What is the rent for unit 3501?
AED 105,000 a year on the contract signed on 15 September 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since April 2015.
How big is unit 3501?
1,951 sqft (181.3 sqm): a three-bedroom apartment on the 35th floor of a 44-storey tower completed in 2009.
What is unit 3501 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 3501, Lakepoint Tower
Starts from the last sale price (AED 1.25M, 1 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →