1-bed · 851 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2009

412, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 30 December 2025
Last soldAED 288K21 March 2010
Current rentAED 90K /yr30 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Lakepoint Tower

What is 412 worth today?

Last sold for AED 287,500 in 2010

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30 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
1 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 100 per sqft
1 Nov 2023RentedNew contract
AED 78,000/yr12 months · AED 92 per sqft
10 Apr 2019RentedRenewal
AED 64,000/yr12 months · AED 75 per sqft
10 Apr 2018RentedNew contract
AED 64,000/yr12 months · AED 75 per sqft
21 Mar 2010Sold by developerReady
AED 287,500AED 337 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
4th of 44
Parking
B1-04
Developer
GGICO
Completed
2009
Service charge
AED 10,900 /yr
Last sold
AED 288K · March 2010

About 412, Lakepoint Tower

412 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. The developer sold it on 21 March 2010 for AED 287,500, or AED 337 per sqft, 52% below the AED 705 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 30 December 2025, is AED 90,000 a year: a gross yield of 31.3% on the 2010 price, before the service charge of about AED 10,900 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical one-bed in Lakepoint Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 643,857; 2010 AED 729,450; 2011 AED 635,753; 2012 AED 580,000; 2013 AED 708,448; 2014 AED 960,000; 2015 AED 915,000; 2016 AED 885,000; 2017 AED 870,000; 2018 AED 740,000; 2019 AED 665,000; 2020 AED 520,000; 2021 AED 513,750; 2022 AED 550,000; 2023 AED 690,000; 2024 AED 800,000; 2025 AED 905,000; 2026 AED 975,000Sold by developer, March 2010: AED 287,500 (AED 337 per sqft)

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

Rents
Unit 412, each contractTypical one-bed in Lakepoint Tower
50K75K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 76,295; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 44,250; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, April 2018: AED 64,000 a yearRenewal, April 2019: AED 64,000 a yearNew contract, November 2023: AED 78,000 a yearRenewal, November 2024: AED 85,000 a yearNew contract, December 2025: AED 90,000 a year

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 412 sits

All 288 1-beds →

412 last sold in March 2010 at AED 337 per sqft, 52% below what one-beds in Lakepoint Tower were fetching at the time (AED 705). 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. 412's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,000,000
8 Oct 2026920,000
21 Aug 20261,055,000
16 Jul 20261,010,000
19 1-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 4th floor

All 413 units in Lakepoint Tower
Value
4011-bedAED 325K · Mar 2010
4021-bedAED 750K · Feb 2026
4031-bedAED 600K · Jun 2023
4041-bedAED 795K · Feb 2024
4051-bedAED 910K · Oct 2025
4061-bedAED 880K · Sep 2015
4071-bedAED 835K · Feb 2024
1–7 of 11

412, Lakepoint Tower in numbers

  • Sold once: by GGICO on 21 March 2010 for AED 287,500, or AED 337 per sqft.
  • Rented since April 2018 on 5 Ejari contracts, from AED 64,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2010 price is 31.3%, 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 30 December 2025.

Questions about 412, Lakepoint Tower

What did unit 412 last sell for?

AED 287,500 on 21 March 2010, sold by the developer: AED 337 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 90,000 a year on the contract signed on 30 December 2025. The previous contract, from November 2024, was AED 85,000; the unit has been rented since April 2018.

How big is unit 412?

851 sqft (79.1 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.

What is unit 412 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 412, Lakepoint Tower

Starts from the last sale price (AED 288K, 21 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 287,500
Deposit, UAE resident (20%)
AED 57,500
Deposit, non-resident (40%)
AED 115,000
Monthly over 25 years at 3.7%
AED 1,176

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