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2-bed · 1,590 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 43rd floor · completed 2009

4302, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in May 2013, and rented once, from September 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4302 · DLD and Ejari recordsUpdated 22 May 2013
Last soldAED 576K22 May 2013
Current rentAED 67K /yr1 September 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4302, Lakepoint Tower

What is 4302 worth today?

Last sold for AED 576,303 in 2013

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22 May 2013Sold by developerReady
AED 576,303AED 362 per sqft
1 Sep 2012RentedNew contract
AED 67,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 22 May 2013.

Key facts

Type
2-bed apartment
Size
1,590 sqft
Floor
43rd of 44
Parking
DMCC-2090
Developer
GGICO
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 576K · May 2013
Building
Lakepoint Tower

About 4302, Lakepoint Tower

4302 is a two-bedroom apartment of 1,590 sqft on the 43rd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 22 May 2013 for AED 576,303, or AED 362 per sqft, 50% below the AED 730 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2012. The current contract, signed on 1 September 2012, is AED 67,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 20,300 a year.

Sales and rents for 4302 over time

Sales
Unit 4302, each saleTypical two-bed in Lakepoint Tower
1M2009201420192024Typical sale price by year: 2009 AED 938,294; 2010 AED 916,632; 2011 AED 1,054,189; 2012 AED 1,011,456; 2013 AED 1,162,144; 2014 AED 1,311,281; 2015 AED 1,190,473; 2016 AED 1,340,000; 2017 AED 1,250,000; 2019 AED 890,000; 2021 AED 750,000; 2022 AED 672,500; 2023 AED 1,050,000; 2024 AED 1,327,500; 2025 AED 1,705,249; 2026 AED 1,650,000Sold by developer, May 2013: AED 576,303 (AED 362 per sqft)

4302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4302, each contractTypical two-bed in Lakepoint Tower
100K2012201620202024Typical rent by year: 2012 AED 67,500; 2013 AED 90,000; 2014 AED 101,750; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 80,000; 2020 AED 62,000; 2021 AED 62,000; 2022 AED 70,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 114,500; 2026 AED 108,000New contract, September 2012: AED 67,000 a year

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

2-beds in Lakepoint Tower, and where 4302 sits

All 73 2-beds →

4302 last sold in May 2013 at AED 362 per sqft, 50% below what two-beds in Lakepoint Tower were fetching at the time (AED 730). Over the last 12 months two-beds sold for AED 1,385,048 to 1,725,000, around AED 1,199 per sqft, and rent for AED 70,000 to 140,000 a year. 4302's AED 67,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20261,720,000
2 Apr 20261,650,000
9 Feb 20261,385,048
9 Dec 20251,725,000
4 2-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 43rd floor

All 413 units in Lakepoint Tower
Value
43013-bedAED 1.55M · Jan 2010
43033-bedAED 1.3M · Nov 2018
43043-bedAED 1.85M · Nov 2025
43052-bedAED 1.17M · Jun 2013
43063-bedAED 1.6M · Aug 2023

4302, Lakepoint Tower in numbers

  • Sold once: by GGICO on 22 May 2013 for AED 576,303, or AED 362 per sqft.
  • Rented since September 2012 on one Ejari contract, at AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 20,300 a year (AED 12.80 per sqft).
  • Two-beds in Lakepoint Tower sold for AED 1,385,048–1,725,000 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 22 May 2013.

Questions about 4302, Lakepoint Tower

What did unit 4302 last sell for?

AED 576,303 on 22 May 2013, sold by the developer: AED 362 per sqft for 1,590 sqft. It is the only registered sale of the unit.

What is the rent for unit 4302?

AED 67,000 a year on the contract signed on 1 September 2012.

How big is unit 4302?

1,590 sqft (147.7 sqm): a two-bedroom apartment on the 43rd floor of a 44-storey tower completed in 2009.

What is unit 4302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lakepoint Tower sold for AED 1,385,048 to 1,725,000 in the last 12 months, around AED 1,199 per sqft.

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Mortgage on 4302, Lakepoint Tower

Starts from the last sale price (AED 576K, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 576,303
Deposit, UAE resident (20%)
AED 115,261
Deposit, non-resident (40%)
AED 230,521
Monthly over 25 years at 3.7%
AED 2,358

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