406, Lakepoint Tower
Sold prices and rental history: sold twice, last in September 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Lakepoint Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 22 September 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 4th of 44
- Parking
- DMCC-0115
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 880K · September 2015
- Building
- Lakepoint Tower
About 406, Lakepoint Tower
406 is a one-bedroom apartment of 851 sqft on the 4th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 22 September 2015 for AED 880,000, or AED 1,034 per sqft, in line with the AED 1,027 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 19 May 2014, is AED 65,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 10,900 a year.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 288 1-beds →406 last sold in September 2015 at AED 1,034 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 1,027). 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. 406's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
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 4th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 979 sqft | AED 325KAED 325,000 · Mar 2010March 2010 | 61,740 /yr | |
| 402 | 1-bed | 901 sqft | AED 750KAED 750,000 · Feb 2026February 2026 | 105,000 /yr | |
| 403 | 1-bed | 973 sqft | AED 600KAED 600,000 · Jun 2023June 2023 | 72,000 /yr | |
| 404 | 1-bed | 901 sqft | AED 795KAED 795,000 · Feb 2024February 2024 | 50,000 /yr | |
| 405 | 1-bed | 979 sqft | AED 910KAED 910,000 · Oct 2025October 2025 | 80,000 /yr | |
| 407 | 1-bed | 979 sqft | AED 835KAED 835,000 · Feb 2024February 2024 | 70,000 /yr | |
| 408 | 1-bed | 901 sqft | AED 1MAED 1,000,000 · Dec 2014December 2014 | 74,000 /yr | |
| 409 | 1-bed | 973 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 93,000 /yr | |
| 410 | 1-bed | 901 sqft | AED 712KAED 711,950 · Mar 2013March 2013 | 64,500 /yr | |
| 411 | 1-bed | 979 sqft | AED 691KAED 691,238 · Feb 2011February 2011 | 55,000 /yr | |
| 412 | 1-bed | 851 sqft | AED 288KAED 287,500 · Mar 2010March 2010 | 90,000 /yr |
406, Lakepoint Tower in numbers
- Sold twice: first on 30 June 2015 for AED 590,594, last on 22 September 2015 for AED 880,000 (AED 1,034 per sqft).
- Rented since May 2013 on 2 Ejari contracts, from AED 50,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 10,900 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 22 September 2015.
Questions about 406, Lakepoint Tower
What did unit 406 last sell for?
AED 880,000 on 22 September 2015: AED 1,034 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 590,594 in June 2015.
What is the rent for unit 406?
AED 65,000 a year on the contract signed on 19 May 2014. The previous contract, from May 2013, was AED 50,000.
How big is unit 406?
851 sqft (79.1 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.
What is unit 406 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 406, Lakepoint Tower
Starts from the last sale price (AED 880K, 22 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →