502, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Lakepoint Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 5th of 44
- Parking
- DMCC-1184
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 758K · March 2013
- Building
- Lakepoint Tower
About 502, Lakepoint Tower
502 is a one-bedroom apartment of 901 sqft on the 5th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 3 March 2013 for AED 758,250, or AED 842 per sqft, 21% above the AED 694 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 June 2026, is AED 80,000 a year: a gross yield of 10.5% on the 2013 price, before the service charge of about AED 11,500 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 288 1-beds →502 last sold in March 2013 at AED 842 per sqft, 21% above what one-beds in Lakepoint Tower were fetching at the time (AED 694). 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. 502's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
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 5th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 979 sqft | AED 900KAED 900,000 · Jan 2016January 2016 | 110,000 /yr | |
| 503 | 1-bed | 973 sqft | AED 500KAED 500,000 · Oct 2011October 2011 | 60,000 /yr | |
| 504 | 1-bed | 901 sqft | AED 500KAED 500,000 · Jul 2022July 2022 | 68,000 /yr | |
| 505 | 1-bed | 979 sqft | AED 649KAED 649,489 · Jul 2010July 2010 | 60,000 /yr | |
| 506 | 1-bed | 851 sqft | AED 625KAED 625,000 · Oct 2012October 2012 | 75,000 /yr | |
| 507 | 1-bed | 979 sqft | AED 715KAED 715,000 · Aug 2024August 2024 | 57,200 /yr | |
| 508 | 1-bed | 901 sqft | AED 600KAED 600,000 · Sep 2022September 2022 | 80,000 /yr | |
| 509 | 1-bed | 973 sqft | AED 520KAED 520,000 · Feb 2022February 2022 | 90,000 /yr | |
| 510 | 1-bed | 901 sqft | AED 706KAED 705,950 · Oct 2009October 2009 | 76,000 /yr | |
| 511 | 1-bed | 979 sqft | AED 550KAED 550,000 · Jan 2022January 2022 | 60,000 /yr | |
| 512 | 1-bed | 851 sqft | AED 730KAED 730,000 · Jun 2013June 2013 | 66,000 /yr |
502, Lakepoint Tower in numbers
- Sold once: by GGICO on 3 March 2013 for AED 758,250, or AED 842 per sqft.
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 67,000 to AED 36,000 in 2021 and recovered to AED 80,000 by June 2026.
- At AED 80,000 a year the gross yield on the 2013 price is 10.5%, before a service charge of about AED 11,500 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 15 June 2026.
Questions about 502, Lakepoint Tower
What did unit 502 last sell for?
AED 758,250 on 3 March 2013, sold by the developer: AED 842 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 80,000 a year on the contract signed on 15 June 2026. The previous contract, from October 2024, was AED 57,500; the unit has been rented since April 2014.
How big is unit 502?
901 sqft (83.7 sqm): a one-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.
What is unit 502 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 502, Lakepoint Tower
Starts from the last sale price (AED 758K, 3 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 758,250
- Deposit, UAE resident (20%)
- AED 151,650
- Deposit, non-resident (40%)
- AED 303,300
- Monthly over 25 years at 3.7%
- AED 3,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →