707, Lakepoint Tower
Sold prices and rental history: sold 3 times, last in August 2024, 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 707, Lakepoint Tower
What is 707 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 979 sqft
- Floor
- 7th of 44
- Parking
- B1-37
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 930K · August 2024
- Building
- Lakepoint Tower
About 707, Lakepoint Tower
707 is a one-bedroom apartment of 979 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 5 August 2024 for AED 930,000, or AED 949 per sqft, 14% above the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 50,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 12,500 a year.
Sales and rents for 707 over time
707 has sold 3 times; 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 707 sits
All 288 1-beds →707 last sold in August 2024 at AED 949 per sqft, 14% above what one-beds in Lakepoint Tower were fetching at the time (AED 832). 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. 707's AED 50,000 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 7th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 979 sqft | AED 338KAED 337,786 · Dec 2009December 2009 | 72,996 /yr | |
| 702 | 1-bed | 901 sqft | AED 800KAED 800,000 · May 2024May 2024 | 80,000 /yr | |
| 703 | 1-bed | 973 sqft | AED 1.17MAED 1,167,120 · Jul 2010July 2010 | 70,027 /yr | |
| 704 | 1-bed | 901 sqft | AED 575KAED 575,000 · Sep 2022September 2022 | 70,000 /yr | |
| 705 | 1-bed | 163 sqft | AED 90KAED 89,539 · Dec 2021December 2021 | ||
| 706 | 1-bed | 851 sqft | AED 940KAED 940,000 · Aug 2025August 2025 | 60,000 /yr | |
| 708 | 1-bed | 901 sqft | AED 900KAED 900,000 · Dec 2013December 2013 | 61,000 /yr | |
| 709 | 1-bed | 973 sqft | AED 760KAED 759,950 · Mar 2013March 2013 | 65,000 /yr | |
| 710 | 1-bed | 901 sqft | AED 950KAED 950,000 · Feb 2016February 2016 | 30,000 /yr | |
| 711 | 1-bed | 979 sqft | AED 691KAED 691,238 · Feb 2011February 2011 | 65,000 /yr | |
| 712 | 1-bed | 851 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 80,000 /yr |
707, Lakepoint Tower in numbers
- Sold 3 times: first on 19 May 2010 for AED 680,468, last on 5 August 2024 for AED 930,000 (AED 949 per sqft).
- Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 70,500 to AED 42,000 in 2021 and recovered to AED 50,000 by September 2023.
- At AED 50,000 a year the gross yield on the 2024 price is 5.4%, 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 5 August 2024.
Questions about 707, Lakepoint Tower
What did unit 707 last sell for?
AED 930,000 on 5 August 2024: AED 949 per sqft for 979 sqft. The unit has 3 registered sales; the first was AED 680,468 in May 2010.
What is the rent for unit 707?
AED 50,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 45,000; the unit has been rented since September 2013.
How big is unit 707?
979 sqft (91.0 sqm): a one-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.
What is unit 707 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 707, Lakepoint Tower
Starts from the last sale price (AED 930K, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →