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3-bed · 1,951 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 44th floor · completed 2009

4403, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4403 · DLD and Ejari recordsUpdated 23 August 2023
Last soldAED 1.3M23 August 2023
Current rentAED 100K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4403, Lakepoint Tower

What is 4403 worth today?

Last sold for AED 1,300,000 in 2023

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23 Aug 2023SoldReady
AED 1,300,000AED 666 per sqft
1 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft
1 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 64 per sqft
1 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
20 Apr 2016RentedNew contract
AED 118,800/yr12 months · AED 61 per sqft
25 Jan 2016SoldReady
AED 1,650,000AED 845 per sqft
20 Apr 2015RentedNew contract
AED 108,000/yr12 months · AED 55 per sqft
12 May 2013Sold by developerReady
AED 1,414,453AED 725 per sqft

Source: Dubai Land Department. Updated 23 August 2023.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
44th of 44
Parking
DMCC-2171, 2172
Developer
GGICO
Completed
2009
Service charge
AED 25,000 /yr
Last sold
AED 1.3M · August 2023
Building
Lakepoint Tower

About 4403, Lakepoint Tower

4403 is a three-bedroom apartment of 1,951 sqft on the 44th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 23 August 2023 for AED 1,300,000, or AED 666 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 100,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 25,000 a year.

Sales and rents for 4403 over time

Sales
Unit 4403, 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, May 2013: AED 1,414,453 (AED 725 per sqft)Sold, January 2016: AED 1,650,000 (AED 845 per sqft)Sold, August 2023: AED 1,300,000 (AED 666 per sqft)

4403 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4403, 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, April 2013: AED 90,000 a yearNew contract, April 2015: AED 108,000 a yearNew contract, April 2016: AED 118,800 a yearNew contract, July 2017: AED 140,000 a yearNew contract, November 2018: AED 125,000 a yearRenewal, November 2019: AED 100,000 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 4403 sits

All 52 3-beds →

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. 4403's AED 100,000 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 44th floor

All 413 units in Lakepoint Tower
Value
44013-bedAED 1.6M · Oct 2023
44022-bedAED 1.1M · Aug 2023
44043-bedAED 1.45M · Sep 2023
44052-bedAED 1.1M · Aug 2023
44063-bedAED 1.63M · Jan 2024

4403, Lakepoint Tower in numbers

  • Sold 3 times: first on 12 May 2013 for AED 1,414,453, last on 23 August 2023 for AED 1,300,000 (AED 666 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.7%, 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 23 August 2023.

Questions about 4403, Lakepoint Tower

What did unit 4403 last sell for?

AED 1,300,000 on 23 August 2023: AED 666 per sqft for 1,951 sqft. The unit has 3 registered sales; the first was AED 1,414,453 in May 2013.

What is the rent for unit 4403?

AED 100,000 a year on the contract renewed on 1 November 2019. The previous contract, from November 2018, was AED 125,000; the unit has been rented since April 2013.

How big is unit 4403?

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

What is unit 4403 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 4403, Lakepoint Tower

Starts from the last sale price (AED 1.3M, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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