408, Lakepoint Tower
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Lakepoint Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 12 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 4th of 44
- Parking
- DMCC-0117
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1M · December 2014
- Building
- Lakepoint Tower
About 408, Lakepoint Tower
408 is a one-bedroom apartment of 901 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 9 December 2014 for AED 1,000,000, or AED 1,110 per sqft, 6% above the AED 1,049 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 12 December 2025, is AED 74,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 11,500 a year.
Sales and rents for 408 over time
408 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 408 sits
All 288 1-beds →408 last sold in December 2014 at AED 1,110 per sqft, 6% above what one-beds in Lakepoint Tower were fetching at the time (AED 1,049). 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. 408's AED 74,000 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 | |
| 407 | 1-bed | 979 sqft | AED 835KAED 835,000 · Feb 2024February 2024 | 70,000 /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 |
408, Lakepoint Tower in numbers
- Sold twice: first on 5 May 2011 for AED 1,080,600, last on 9 December 2014 for AED 1,000,000 (AED 1,110 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 60,000 to AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 11,500 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 12 December 2025.
Questions about 408, Lakepoint Tower
What did unit 408 last sell for?
AED 1,000,000 on 9 December 2014: AED 1,110 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 1,080,600 in May 2011.
What is the rent for unit 408?
AED 74,000 a year on the contract signed on 12 December 2025. The previous contract, from November 2024, was AED 73,000; the unit has been rented since July 2013.
How big is unit 408?
901 sqft (83.7 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.
What is unit 408 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 408, Lakepoint Tower
Starts from the last sale price (AED 1M, 9 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →