3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 41st floor · completed 2009

4104, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4104 · DLD and Ejari recordsUpdated 25 June 2022
Last soldAED 1.43M28 April 2013
Current rentAED 113K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4104, Lakepoint Tower

What is 4104 worth today?

Last sold for AED 1,433,963 in 2013

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25 Jun 2022RentedRenewal
AED 113,000/yr12 months · AED 58 per sqft
25 Jun 2021RentedRenewal
AED 93,000/yr12 months · AED 48 per sqft
25 Jun 2020RentedRenewal
AED 99,000/yr12 months · AED 51 per sqft
25 Jun 2019RentedNew contract
AED 99,000/yr12 months · AED 51 per sqft
25 Oct 2014RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
28 Apr 2013Sold by developerReady
AED 1,433,963AED 735 per sqft

Source: Dubai Land Department. Updated 25 June 2022.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
41st of 44
Parking
DMCC-2131, 2132
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 1.43M · April 2013

About 4104, Lakepoint Tower

4104 is a three-bedroom apartment of 1,951 sqft on the 41st floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 28 April 2013 for AED 1,433,963, or AED 735 per sqft, in line with the AED 735 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 25 June 2022, is AED 113,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 25,000 a year.

Sales and rents for 4104 over time

Sales
Unit 4104, each saleTypical three-bed in Lakepoint Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,509,188; 2012 AED 1,350,000; 2013 AED 1,433,963; 2014 AED 1,817,719; 2018 AED 1,365,686; 2019 AED 1,200,000; 2021 AED 1,050,000; 2022 AED 1,150,000; 2023 AED 1,600,000; 2024 AED 1,840,000; 2025 AED 2,112,500; 2026 AED 2,400,000Sold by developer, April 2013: AED 1,433,963 (AED 735 per sqft)

4104 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4104, each contractTypical three-bed in Lakepoint Tower
100K150K2012201620202024Typical rent by year: 2012 AED 86,000; 2013 AED 95,000; 2014 AED 137,500; 2015 AED 146,250; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 101,538; 2021 AED 85,500; 2022 AED 105,000; 2023 AED 116,500; 2024 AED 143,500; 2025 AED 145,000; 2026 AED 150,000New contract, October 2014: AED 140,000 a yearNew contract, June 2019: AED 99,000 a yearRenewal, June 2020: AED 99,000 a yearRenewal, June 2021: AED 93,000 a yearRenewal, June 2022: AED 113,000 a year

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

3-beds in Lakepoint Tower, and where 4104 sits

All 52 3-beds →

4104 last sold in April 2013 at AED 735 per sqft, in line with what three-beds in Lakepoint Tower were fetching at the time (AED 735). Over the last 12 months three-beds sold for AED 1,850,000 to 2,800,000, around AED 1,146 per sqft, and rent for AED 115,000 to 208,877 a year. 4104's AED 113,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 May 20262,300,000
26 Mar 20262,175,000
27 Jan 20262,800,000
15 Jan 20262,500,000
6 3-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 41st floor

All 413 units in Lakepoint Tower
Value
41013-bedAED 1.84M · Aug 2024
41022-bedAED 1.3M · Oct 2016
41033-bedAED 1.2M · Nov 2018
41052-bedAED 1.16M · May 2013
41063-bedAED 1.45M · Feb 2018

4104, Lakepoint Tower in numbers

  • Sold once: by GGICO on 28 April 2013 for AED 1,433,963, or AED 735 per sqft.
  • Rented since October 2014 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 93,000 in 2021 and recovered to AED 113,000 by June 2022.
  • At AED 113,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 25,000 a year (AED 12.80 per sqft).
  • Three-beds in Lakepoint Tower sold for AED 1,850,000–2,800,000 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 25 June 2022.

Questions about 4104, Lakepoint Tower

What did unit 4104 last sell for?

AED 1,433,963 on 28 April 2013, sold by the developer: AED 735 per sqft for 1,951 sqft. It is the only registered sale of the unit.

What is the rent for unit 4104?

AED 113,000 a year on the contract renewed on 25 June 2022. The previous contract, from June 2021, was AED 93,000; the unit has been rented since October 2014.

How big is unit 4104?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 41st floor of a 44-storey tower completed in 2009.

What is unit 4104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Lakepoint Tower sold for AED 1,850,000 to 2,800,000 in the last 12 months, around AED 1,146 per sqft.

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Mortgage on 4104, Lakepoint Tower

Starts from the last sale price (AED 1.43M, 28 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,433,963
Deposit, UAE resident (20%)
AED 286,793
Deposit, non-resident (40%)
AED 573,585
Monthly over 25 years at 3.7%
AED 5,867

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