709, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in March 2013, 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 709, Lakepoint Tower
What is 709 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 973 sqft
- Floor
- 7th of 44
- Parking
- DMCC-1185
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 12,400 /yr
- Last sold
- AED 760K · March 2013
- Building
- Lakepoint Tower
About 709, Lakepoint Tower
709 is a one-bedroom apartment of 973 sqft on the 7th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 3 March 2013 for AED 759,950, or AED 781 per sqft, 13% above the AED 694 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 65,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 12,400 a year.
Sales and rents for 709 over time
709 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 709 sits
All 288 1-beds →709 last sold in March 2013 at AED 781 per sqft, 13% above what one-beds in Lakepoint Tower were fetching at the time (AED 694). 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. 709's AED 65,000 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 | |
| 707 | 1-bed | 979 sqft | AED 930KAED 930,000 · Aug 2024August 2024 | 50,000 /yr | |
| 708 | 1-bed | 901 sqft | AED 900KAED 900,000 · Dec 2013December 2013 | 61,000 /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 |
709, Lakepoint Tower in numbers
- Sold once: by GGICO on 3 March 2013 for AED 759,950, or AED 781 per sqft.
- Rented since March 2013 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2021 and recovered to AED 65,000 by September 2026.
- At AED 65,000 a year the gross yield on the 2013 price is 8.6%, 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 1 September 2026.
Questions about 709, Lakepoint Tower
What did unit 709 last sell for?
AED 759,950 on 3 March 2013, sold by the developer: AED 781 per sqft for 973 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 65,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 65,000; the unit has been rented since March 2013.
How big is unit 709?
973 sqft (90.4 sqm): a one-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.
What is unit 709 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 709, Lakepoint Tower
Starts from the last sale price (AED 760K, 3 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 759,950
- Deposit, UAE resident (20%)
- AED 151,990
- Deposit, non-resident (40%)
- AED 303,980
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →