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1-bed · 163 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2009

705, Lakepoint Tower

Sold prices and rental history: sold twice, last in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 90K7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Lakepoint Tower

What is 705 worth today?

Last sold for AED 89,539 in 2021

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7 Dec 2021SoldReady
AED 89,539AED 548 per sqft
8 Sep 2009Sold by developerReady
AED 680,468AED 695 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
1-bed apartment
Size
163 sqft
Floor
7th of 44
Parking
DMCC-0026
Developer
GGICO
Completed
2009
Service charge
AED 2,100 /yr
Last sold
AED 90K · December 2021
Building
Lakepoint Tower

About 705, Lakepoint Tower

705 is a one-bedroom apartment of 163 sqft on the 7th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 7 December 2021 for AED 89,539, or AED 548 per sqft, in line with the AED 538 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Lakepoint Tower
0500K1M2009201420192024Typical 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, September 2009: AED 680,468 (AED 695 per sqft)Sold, December 2021: AED 89,539 (AED 548 per sqft)

705 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, 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 70,000

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 705 sits

All 288 1-beds →

705 last sold in December 2021 at AED 548 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 538). 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.

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 7th floor

All 413 units in Lakepoint Tower
Value
7011-bedAED 338K · Dec 2009
7021-bedAED 800K · May 2024
7031-bedAED 1.17M · Jul 2010
7041-bedAED 575K · Sep 2022
7061-bedAED 940K · Aug 2025
7071-bedAED 930K · Aug 2024
7081-bedAED 900K · Dec 2013
1–7 of 11

705, Lakepoint Tower in numbers

  • Sold twice: first on 8 September 2009 for AED 680,468, last on 7 December 2021 for AED 89,539 (AED 548 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 7 December 2021.

Questions about 705, Lakepoint Tower

What did unit 705 last sell for?

AED 89,539 on 7 December 2021: AED 548 per sqft for 163 sqft. The unit has 2 registered sales; the first was AED 680,468 in September 2009.

How big is unit 705?

163 sqft (15.1 sqm): a one-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.

What is unit 705 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 705, Lakepoint Tower

Starts from the last sale price (AED 90K, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 89,539
Deposit, UAE resident (20%)
AED 17,908
Deposit, non-resident (40%)
AED 35,816
Monthly over 25 years at 3.7%
AED 366

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