4206, Lakepoint Tower
Sold prices and rental history: sold twice, last in June 2022, 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 4206, Lakepoint Tower
What is 4206 worth today?
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Source: Dubai Land Department. Updated 7 June 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,951 sqft
- Floor
- 42nd of 44
- Parking
- DMCC-1194, 1199
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.15M · June 2022
- Building
- Lakepoint Tower
About 4206, Lakepoint Tower
4206 is a three-bedroom apartment of 1,951 sqft on the 42nd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 7 June 2022 for AED 1,150,000, or AED 589 per sqft, 7% above the AED 548 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 February 2021, is AED 100,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 25,000 a year.
Sales and rents for 4206 over time
4206 has sold twice; the dashed line is the three-bed median of each year in the building.
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 4206 sits
All 52 3-beds →4206 last sold in June 2022 at AED 589 per sqft, 7% above what three-beds in Lakepoint Tower were fetching at the time (AED 548). 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. 4206's AED 100,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 1,951 sqft | 2,300,000 | 1,178 | ||
| 26 Mar 202626 March 2026 | 1,951 sqft | 2,175,000 | 1,114 | ||
| 27 Jan 202627 January 2026 | 1,951 sqft | 2,800,000 | 1,435 | ||
| 15 Jan 202615 January 2026 | 1,951 sqft | 2,500,000 | 1,281 |
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 42nd floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4201 | 3-bed | 1,951 sqft | AED 1.15MAED 1,150,000 · Jun 2022June 2022 | 85,500 /yr | |
| 4202 | 2-bed | 1,590 sqft | AED 1.16MAED 1,162,144 · Jun 2013June 2013 | 105,000 /yr | |
| 4203 | 3-bed | 1,951 sqft | AED 1.33MAED 1,325,000 · Mar 2022March 2022 | 195,000 /yr | |
| 4204 | 3-bed | 1,951 sqft | AED 1.3MAED 1,300,000 · Mar 2022March 2022 | 135,000 /yr | |
| 4205 | 2-bed | 1,590 sqft | AED 1MAED 1,000,000 · Aug 2019August 2019 | 105,000 /yr |
4206, Lakepoint Tower in numbers
- Sold twice: first on 24 August 2021 for AED 1,020,000, last on 7 June 2022 for AED 1,150,000 (AED 589 per sqft).
- Rented since September 2013 on 8 Ejari contracts, from AED 88,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 8.7%, 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 7 June 2022.
Questions about 4206, Lakepoint Tower
What did unit 4206 last sell for?
AED 1,150,000 on 7 June 2022: AED 589 per sqft for 1,951 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in August 2021.
What is the rent for unit 4206?
AED 100,000 a year on the contract renewed on 10 February 2021. The previous contract, from January 2020, was AED 108,763; the unit has been rented since September 2013.
How big is unit 4206?
1,951 sqft (181.3 sqm): a three-bedroom apartment on the 42nd floor of a 44-storey tower completed in 2009.
What is unit 4206 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 4206, Lakepoint Tower
Starts from the last sale price (AED 1.15M, 7 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →