3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 43rd floor · completed 2009

4306, Lakepoint Tower

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4306 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 1.6M29 August 2023
Current rentAED 105K /yr11 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, Lakepoint Tower

What is 4306 worth today?

Last sold for AED 1,600,000 in 2023

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29 Aug 2023SoldReady
AED 1,600,000AED 820 per sqft
11 Jul 2022RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
11 Nov 2021Sold by developerReady
AED 1,085,000AED 556 per sqft
19 Sep 2021RentedRenewal
AED 105,000/yr6 months · AED 54 per sqft
19 Aug 2020RentedRenewal
AED 105,000/yr13 months · AED 54 per sqft
19 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
1 Mar 2018RentedRenewal
AED 135,000/yr12 months · AED 69 per sqft
1 Mar 2017RentedRenewal
AED 140,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 29 August 2023.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
43rd of 44
Parking
DMCC-2167, 2168
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 1.6M · August 2023

About 4306, Lakepoint Tower

4306 is a three-bedroom apartment of 1,951 sqft on the 43rd floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 29 August 2023 for AED 1,600,000, or AED 820 per sqft, 15% above the AED 715 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 11 July 2022, is AED 105,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 25,000 a year.

Sales and rents for 4306 over time

Sales
Unit 4306, 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, November 2021: AED 1,085,000 (AED 556 per sqft)Sold, August 2023: AED 1,600,000 (AED 820 per sqft)

4306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4306, 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, February 2015: AED 165,000 a yearNew contract, March 2016: AED 145,000 a yearRenewal, March 2017: AED 140,000 a yearRenewal, March 2018: AED 135,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, July 2022: AED 105,000 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 4306 sits

All 52 3-beds →

4306 last sold in August 2023 at AED 820 per sqft, 15% above what three-beds in Lakepoint Tower were fetching at the time (AED 715). 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. 4306's AED 105,000 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 43rd floor

All 413 units in Lakepoint Tower
Value
43013-bedAED 1.55M · Jan 2010
43022-bedAED 576K · May 2013
43033-bedAED 1.3M · Nov 2018
43043-bedAED 1.85M · Nov 2025
43052-bedAED 1.17M · Jun 2013

4306, Lakepoint Tower in numbers

  • Sold twice: first on 11 November 2021 for AED 1,085,000, last on 29 August 2023 for AED 1,600,000 (AED 820 per sqft).
  • Rented since February 2015 on 8 Ejari contracts, from AED 165,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.6%, 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 29 August 2023.

Questions about 4306, Lakepoint Tower

What did unit 4306 last sell for?

AED 1,600,000 on 29 August 2023: AED 820 per sqft for 1,951 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in November 2021.

What is the rent for unit 4306?

AED 105,000 a year on the contract signed on 11 July 2022. The previous contract, from September 2021, was AED 105,000; the unit has been rented since February 2015.

How big is unit 4306?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 43rd floor of a 44-storey tower completed in 2009.

What is unit 4306 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 4306, Lakepoint Tower

Starts from the last sale price (AED 1.6M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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