3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 39th floor · completed 2009

3906, Lakepoint Tower

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3906 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 1.15M7 June 2022
Current rentAED 86K /yr27 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3906, Lakepoint Tower

What is 3906 worth today?

Last sold for AED 1,150,000 in 2022

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7 Jun 2022SoldReady
AED 1,150,000AED 589 per sqft
26 Aug 2021Sold by developerReady
AED 1,020,000AED 522 per sqft
27 May 2021RentedNew contract
AED 86,000/yr13 months · AED 44 per sqft
10 Feb 2020RentedRenewal
AED 123,000/yr12 months · AED 63 per sqft
10 Feb 2019RentedRenewal
AED 135,000/yr12 months · AED 69 per sqft
10 Feb 2017RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
1 Jan 2016RentedNew contract
AED 121,440/yr12 months · AED 62 per sqft
1 Jan 2015RentedNew contract
AED 105,600/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
39th of 44
Parking
DMCC-2100, 2101
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 1.15M · June 2022

About 3906, Lakepoint Tower

3906 is a three-bedroom apartment of 1,951 sqft on the 39th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 7 June 2022 for AED 1,150,000, or AED 589 per sqft, 7% above the AED 548 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 27 May 2021, is AED 86,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 25,000 a year.

Sales and rents for 3906 over time

Sales
Unit 3906, 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, August 2021: AED 1,020,000 (AED 522 per sqft)Sold, June 2022: AED 1,150,000 (AED 589 per sqft)

3906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3906, 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, January 2013: AED 80,000 a yearNew contract, January 2014: AED 88,000 a yearNew contract, January 2015: AED 105,600 a yearNew contract, January 2016: AED 121,440 a yearNew contract, February 2017: AED 140,000 a yearRenewal, February 2019: AED 135,000 a yearRenewal, February 2020: AED 123,000 a yearNew contract, May 2021: AED 86,000 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 3906 sits

All 52 3-beds →

3906 last sold in June 2022 at AED 589 per sqft, 7% above what three-beds in Lakepoint Tower were fetching at the time (AED 548). 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. 3906's AED 86,000 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 39th floor

All 413 units in Lakepoint Tower
Value
39013-bedAED 1.2M · May 2019
39022-bedAED 1.75M · Feb 2025
39033-bedAED 2.3M · May 2026
39043-bedAED 1.15M · Jun 2022
39052-bedAED 1.69M · Apr 2025

3906, Lakepoint Tower in numbers

  • Sold twice: first on 26 August 2021 for AED 1,020,000, last on 7 June 2022 for AED 1,150,000 (AED 589 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 80,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2022 price is 7.5%, 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 7 June 2022.

Questions about 3906, Lakepoint Tower

What did unit 3906 last sell for?

AED 1,150,000 on 7 June 2022: AED 589 per sqft for 1,951 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in August 2021.

What is the rent for unit 3906?

AED 86,000 a year on the contract signed on 27 May 2021. The previous contract, from February 2020, was AED 123,000; the unit has been rented since January 2013.

How big is unit 3906?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 39th floor of a 44-storey tower completed in 2009.

What is unit 3906 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 3906, Lakepoint Tower

Starts from the last sale price (AED 1.15M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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