509, Lakepoint Tower
Sold prices and rental history: sold twice, last in February 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 509, Lakepoint Tower
What is 509 worth today?
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Source: Dubai Land Department. Updated 18 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 5th of 44
- Parking
- DMCC-0013
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 520K · February 2022
- Building
- Lakepoint Tower
About 509, Lakepoint Tower
509 is a one-bedroom apartment of 973 sqft on the 5th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 10 February 2022 for AED 520,000, or AED 534 per sqft, in line with the AED 550 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 January 2026, is AED 90,000 a year: a gross yield of 17.3% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 509 over time
509 has sold twice; 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 509 sits
All 288 1-beds →509 last sold in February 2022 at AED 534 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 550). 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. 509's AED 90,000 is in the upper 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 | |
| 502 | 1-bed | 901 sqft | AED 758KAED 758,250 · Mar 2013March 2013 | 80,000 /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 | |
| 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 |
509, Lakepoint Tower in numbers
- Sold twice: first on 26 July 2010 for AED 1,167,120, last on 10 February 2022 for AED 520,000 (AED 534 per sqft).
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 68,000 to AED 52,000 in 2018 and recovered to AED 90,000 by January 2026.
- At AED 90,000 a year the gross yield on the 2022 price is 17.3%, before a service charge of about AED 12,400 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 18 January 2026.
Questions about 509, Lakepoint Tower
What did unit 509 last sell for?
AED 520,000 on 10 February 2022: AED 534 per sqft for 973 sqft. The unit has 2 registered sales; the first was AED 1,167,120 in July 2010.
What is the rent for unit 509?
AED 90,000 a year on the contract renewed on 18 January 2026. The previous contract, from January 2026, was AED 90,000; the unit has been rented since October 2013.
How big is unit 509?
973 sqft (90.4 sqm): a one-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.
What is unit 509 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 509, Lakepoint Tower
Starts from the last sale price (AED 520K, 10 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →