3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 40th floor · completed 2009

4004, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 8 October 2020
Last soldAED 1.13M8 October 2020
Current rentAED 113K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4004, Lakepoint Tower

What is 4004 worth today?

Last sold for AED 1,125,000 in 2020

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8 Oct 2020Sold by developerReady
AED 1,125,000AED 576 per sqft
15 Sep 2019RentedRenewal
AED 113,000/yr12 months · AED 58 per sqft
15 Mar 2019RentedRenewal
AED 125,000/yr6 months · AED 64 per sqft
15 Mar 2017RentedRenewal
AED 140,000/yr12 months · AED 72 per sqft
15 Mar 2016RentedNew contract
AED 144,000/yr12 months · AED 74 per sqft
5 Dec 2014RentedNew contract
AED 167,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 8 October 2020.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
40th of 44
Parking
DMCC-2125, 2126
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 1.13M · October 2020

About 4004, Lakepoint Tower

4004 is a three-bedroom apartment of 1,951 sqft on the 40th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 8 October 2020 for AED 1,125,000, or AED 576 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 September 2019, is AED 113,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 25,000 a year.

Sales and rents for 4004 over time

Sales
Unit 4004, 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, October 2020: AED 1,125,000 (AED 576 per sqft)

4004 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4004, 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, December 2014: AED 167,000 a yearNew contract, March 2016: AED 144,000 a yearRenewal, March 2017: AED 140,000 a yearRenewal, March 2019: AED 125,000 a yearRenewal, September 2019: AED 113,000 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 4004 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. 4004's AED 113,000 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 40th floor

All 413 units in Lakepoint Tower
Value
40013-bedAED 2.8M · Jan 2026
40022-bedAED 1.34M · May 2017
40033-bedAED 1.53M · Jun 2015
40052-bedAED 1.63M · Sep 2025
40063-bedAED 2.15M · Mar 2025

4004, Lakepoint Tower in numbers

  • Sold once: by GGICO on 8 October 2020 for AED 1,125,000, or AED 576 per sqft.
  • Rented since December 2014 on 5 Ejari contracts, from AED 167,000 to AED 113,000 a year.
  • At AED 113,000 a year the gross yield on the 2020 price is 10.0%, 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 8 October 2020.

Questions about 4004, Lakepoint Tower

What did unit 4004 last sell for?

AED 1,125,000 on 8 October 2020, sold by the developer: AED 576 per sqft for 1,951 sqft. It is the only registered sale of the unit.

What is the rent for unit 4004?

AED 113,000 a year on the contract renewed on 15 September 2019. The previous contract, from March 2019, was AED 125,000; the unit has been rented since December 2014.

How big is unit 4004?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 40th floor of a 44-storey tower completed in 2009.

What is unit 4004 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 4004, Lakepoint Tower

Starts from the last sale price (AED 1.13M, 8 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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