1-bed · 851 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 5th floor · completed 2009

512, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in June 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 730K16 June 2013
Current rentAED 66K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Lakepoint Tower

What is 512 worth today?

Last sold for AED 730,000 in 2013

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10 Oct 2026RentedNew contract
AED 66,000/yr12 months · AED 78 per sqft
27 May 2025RentedNew contract
AED 74,500/yr12 months · AED 88 per sqft
1 Jul 2024RentedRenewal
AED 65,000/yr12 months · AED 76 per sqft
1 Jul 2023RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
1 Jul 2022RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
1 Jul 2020RentedRenewal
AED 51,600/yr12 months · AED 61 per sqft
1 Jul 2019RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
5th of 44
Parking
DMCC-0014
Developer
GGICO
Completed
2009
Service charge
AED 10,900 /yr
Last sold
AED 730K · June 2013

About 512, Lakepoint Tower

512 is a one-bedroom apartment of 851 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 16 June 2013 for AED 730,000, or AED 857 per sqft, 19% above the AED 719 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 10 October 2026, is AED 66,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 10,900 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in Lakepoint Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 643,857; 2010 AED 729,450; 2011 AED 635,753; 2012 AED 580,000; 2013 AED 708,448; 2014 AED 960,000; 2015 AED 915,000; 2016 AED 885,000; 2017 AED 870,000; 2018 AED 740,000; 2019 AED 665,000; 2020 AED 520,000; 2021 AED 513,750; 2022 AED 550,000; 2023 AED 690,000; 2024 AED 800,000; 2025 AED 905,000; 2026 AED 975,000Sold by developer, February 2013: AED 583,786 (AED 686 per sqft)Sold, May 2013: AED 670,000 (AED 787 per sqft)Sold, June 2013: AED 730,000 (AED 857 per sqft)

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

Rents
Unit 512, each contractTypical one-bed in Lakepoint Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 76,295; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 44,250; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, July 2017: AED 73,000 a yearNew contract, July 2018: AED 72,000 a yearRenewal, July 2019: AED 60,000 a yearRenewal, July 2020: AED 51,600 a yearRenewal, July 2021: AED 45,000 a yearRenewal, July 2022: AED 45,000 a yearRenewal, July 2023: AED 54,000 a yearRenewal, July 2024: AED 65,000 a yearNew contract, May 2025: AED 74,500 a yearNew contract, October 2026: AED 66,000 a year

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 512 sits

All 288 1-beds →

512 last sold in June 2013 at AED 857 per sqft, 19% above what one-beds in Lakepoint Tower were fetching at the time (AED 719). 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. 512's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,000,000
8 Oct 2026920,000
21 Aug 20261,055,000
16 Jul 20261,010,000
19 1-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 5th floor

All 413 units in Lakepoint Tower
Value
5011-bedAED 900K · Jan 2016
5021-bedAED 758K · Mar 2013
5031-bedAED 500K · Oct 2011
5041-bedAED 500K · Jul 2022
5051-bedAED 649K · Jul 2010
5061-bedAED 625K · Oct 2012
5071-bedAED 715K · Aug 2024
1–7 of 11

512, Lakepoint Tower in numbers

  • Sold 3 times: first on 4 February 2013 for AED 583,786, last on 16 June 2013 for AED 730,000 (AED 857 per sqft).
  • Rented since July 2017 on 10 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2022 and recovered to AED 66,000 by October 2026.
  • At AED 66,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 10,900 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 10 October 2026.

Questions about 512, Lakepoint Tower

What did unit 512 last sell for?

AED 730,000 on 16 June 2013: AED 857 per sqft for 851 sqft. The unit has 3 registered sales; the first was AED 583,786 in February 2013.

What is the rent for unit 512?

AED 66,000 a year on the contract signed on 10 October 2026. The previous contract, from May 2025, was AED 74,500; the unit has been rented since July 2017.

How big is unit 512?

851 sqft (79.1 sqm): a one-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.

What is unit 512 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 512, Lakepoint Tower

Starts from the last sale price (AED 730K, 16 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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