511, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Lakepoint Tower
What is 511 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 5th of 44
- Parking
- B1-22
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 550K · January 2022
- Building
- Lakepoint Tower
About 511, Lakepoint Tower
511 is a one-bedroom apartment of 979 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 25 January 2022 for AED 550,000, or AED 561 per sqft, in line with the AED 548 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 16 Ejari contracts. The current contract, signed on 20 July 2026, is AED 60,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 511 over time
511 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 511 sits
All 288 1-beds →511 last sold in January 2022 at AED 561 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 548). 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. 511's AED 60,000 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 | |
| 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 | |
| 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 | |
| 512 | 1-bed | 851 sqft | AED 730KAED 730,000 · Jun 2013June 2013 | 66,000 /yr |
511, Lakepoint Tower in numbers
- Sold once: by GGICO on 25 January 2022 for AED 550,000, or AED 561 per sqft.
- Rented since March 2015 on 16 Ejari contracts. The rent fell from AED 75,900 to AED 25,000 in 2024 and recovered to AED 60,000 by July 2026.
- At AED 60,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 12,500 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 20 July 2026.
Questions about 511, Lakepoint Tower
What did unit 511 last sell for?
AED 550,000 on 25 January 2022, sold by the developer: AED 561 per sqft for 979 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 60,000 a year on the contract signed on 20 July 2026. The previous contract, from July 2026, was AED 30,000; the unit has been rented since March 2015.
How big is unit 511?
979 sqft (91.0 sqm): a one-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.
What is unit 511 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 511, Lakepoint Tower
Starts from the last sale price (AED 550K, 25 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →