1-bed · 979 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2009

401, Lakepoint Tower

Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 980K2 March 2010
Current rentAED 62K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Lakepoint Tower

What is 401 worth today?

Last sold for AED 979,900 in 2010

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1 Apr 2026RentedRenewal
AED 61,740/yr12 months · AED 63 per sqft
1 Apr 2025RentedRenewal
AED 58,800/yr12 months · AED 60 per sqft
1 Apr 2025RentedRenewal
AED 58,800/yr12 months · AED 60 per sqft
1 Apr 2024RentedRenewal
AED 58,800/yr12 months · AED 60 per sqft
1 Apr 2023RentedNew contract
AED 56,000/yr12 months · AED 57 per sqft
15 Nov 2013RentedNew contract
AED 68,000/yr12 months · AED 69 per sqft
1 Nov 2012RentedNew contract
AED 45,121/yr12 months · AED 46 per sqft
2 Mar 2010Sold by developerReady
AED 979,900AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
4th of 44
Parking
DMCC-0112
Developer
GGICO
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 980K · March 2010

About 401, Lakepoint Tower

401 is a one-bedroom apartment of 979 sqft on the 4th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 2 March 2010 for AED 979,900, or AED 1,000 per sqft, 42% above the AED 705 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 61,740 a year: a gross yield of 6.3% on the 2010 price, before the service charge of about AED 12,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Lakepoint Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 643,857; 2010 AED 729,450; 2011 AED 635,753; 2012 AED 580,000; 2013 AED 708,448; 2014 AED 960,000; 2015 AED 915,000; 2016 AED 885,000; 2017 AED 870,000; 2018 AED 740,000; 2019 AED 665,000; 2020 AED 520,000; 2021 AED 513,750; 2022 AED 550,000; 2023 AED 690,000; 2024 AED 800,000; 2025 AED 905,000; 2026 AED 975,000Sold by developer, March 2010: AED 979,900 (AED 1,000 per sqft)Sold, March 2010: AED 325,000 (AED 331 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Lakepoint Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 76,295; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 44,250; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, November 2012: AED 45,121 a yearNew contract, November 2013: AED 68,000 a yearNew contract, April 2023: AED 56,000 a yearRenewal, April 2024: AED 58,800 a yearRenewal, April 2025: AED 58,800 a yearRenewal, April 2025: AED 58,800 a yearRenewal, April 2026: AED 61,740 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lakepoint Tower, and where 401 sits

All 288 1-beds →

401 last sold in March 2010 at AED 1,000 per sqft, 42% above what one-beds in Lakepoint Tower were fetching at the time (AED 705). Over the last 12 months one-beds sold for AED 748,549 to 1,202,127, around AED 1,021 per sqft, and rent for AED 30,000 to 135,000 a year. 401's AED 61,740 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,000,000
8 Oct 2026920,000
21 Aug 20261,055,000
16 Jul 20261,010,000
19 1-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 4th floor

All 413 units in Lakepoint Tower
Value
4021-bedAED 750K · Feb 2026
4031-bedAED 600K · Jun 2023
4041-bedAED 795K · Feb 2024
4051-bedAED 910K · Oct 2025
4061-bedAED 880K · Sep 2015
4071-bedAED 835K · Feb 2024
4081-bedAED 1M · Dec 2014
1–7 of 11

401, Lakepoint Tower in numbers

  • Sold twice: first on 2 March 2010 for AED 325,000, last on 2 March 2010 for AED 979,900 (AED 1,000 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, from AED 45,121 to AED 61,740 a year.
  • At AED 61,740 a year the gross yield on the 2010 price is 6.3%, before a service charge of about AED 12,500 a year (AED 12.80 per sqft).
  • One-beds in Lakepoint Tower sold for AED 748,549–1,202,127 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 1 April 2026.

Questions about 401, Lakepoint Tower

What did unit 401 last sell for?

AED 979,900 on 2 March 2010, sold by the developer: AED 1,000 per sqft for 979 sqft. The unit has 2 registered sales; the first was AED 325,000 in March 2010.

What is the rent for unit 401?

AED 61,740 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 58,800; the unit has been rented since November 2012.

How big is unit 401?

979 sqft (91.0 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakepoint Tower sold for AED 748,549 to 1,202,127 in the last 12 months, around AED 1,021 per sqft.

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Mortgage on 401, Lakepoint Tower

Starts from the last sale price (AED 980K, 2 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 979,900
Deposit, UAE resident (20%)
AED 195,980
Deposit, non-resident (40%)
AED 391,960
Monthly over 25 years at 3.7%
AED 4,009

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