407, Lakepoint Tower
Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Lakepoint Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 4th of 44
- Parking
- DMCC-0116
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 835K · February 2024
- Building
- Lakepoint Tower
About 407, Lakepoint Tower
407 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. It last sold on 26 February 2024 for AED 835,000, or AED 852 per sqft, 10% above the AED 774 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 13 Ejari contracts. The current contract, signed on 1 August 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 12,500 a year.
Sales and rents for 407 over time
407 has sold 5 times; 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 407 sits
All 288 1-beds →407 last sold in February 2024 at AED 852 per sqft, 10% above what one-beds in Lakepoint Tower were fetching at the time (AED 774). 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. 407's AED 70,000 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 | |
| 406 | 1-bed | 851 sqft | AED 880KAED 880,000 · Sep 2015September 2015 | 65,000 /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 |
407, Lakepoint Tower in numbers
- Sold 5 times: first on 20 May 2010 for AED 674,593, last on 26 February 2024 for AED 835,000 (AED 852 per sqft).
- Rented since July 2016 on 13 Ejari contracts. The rent fell from AED 77,000 to AED 35,000 in 2021 and recovered to AED 70,000 by August 2026.
- At AED 70,000 a year the gross yield on the 2024 price is 8.4%, 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 August 2026.
Questions about 407, Lakepoint Tower
What did unit 407 last sell for?
AED 835,000 on 26 February 2024: AED 852 per sqft for 979 sqft. The unit has 5 registered sales; the first was AED 674,593 in May 2010.
What is the rent for unit 407?
AED 70,000 a year on the contract signed on 1 August 2026. The previous contract, from March 2026, was AED 70,000; the unit has been rented since July 2016.
How big is unit 407?
979 sqft (91.0 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.
What is unit 407 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 407, Lakepoint Tower
Starts from the last sale price (AED 835K, 26 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 835,000
- Deposit, UAE resident (20%)
- AED 167,000
- Deposit, non-resident (40%)
- AED 334,000
- Monthly over 25 years at 3.7%
- AED 3,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →