409, Lakepoint Tower
Sold prices and rental history: sold 4 times, last in October 2024, 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 409, Lakepoint Tower
What is 409 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 4th of 44
- Parking
- DMCC-0118
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 950K · October 2024
- Building
- Lakepoint Tower
About 409, Lakepoint Tower
409 is a one-bedroom apartment of 973 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 15 October 2024 for AED 950,000, or AED 976 per sqft, 14% above the AED 859 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 93,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 12,400 a year.
Sales and rents for 409 over time
409 has sold 4 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 409 sits
All 288 1-beds →409 last sold in October 2024 at AED 976 per sqft, 14% above what one-beds in Lakepoint Tower were fetching at the time (AED 859). 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. 409's AED 93,000 is in the upper 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 | |
| 408 | 1-bed | 901 sqft | AED 1MAED 1,000,000 · Dec 2014December 2014 | 74,000 /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 |
409, Lakepoint Tower in numbers
- Sold 4 times: first on 21 December 2009 for AED 1,167,120, last on 15 October 2024 for AED 950,000 (AED 976 per sqft).
- Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 32,000 in 2021 and recovered to AED 93,000 by September 2026.
- At AED 93,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 12,400 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 20 September 2026.
Questions about 409, Lakepoint Tower
What did unit 409 last sell for?
AED 950,000 on 15 October 2024: AED 976 per sqft for 973 sqft. The unit has 4 registered sales; the first was AED 1,167,120 in December 2009.
What is the rent for unit 409?
AED 93,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2026, was AED 85,000; the unit has been rented since August 2013.
How big is unit 409?
973 sqft (90.4 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.
What is unit 409 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 409, Lakepoint Tower
Starts from the last sale price (AED 950K, 15 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →