1-bed · 901 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2009

710, Lakepoint Tower

Sold prices and rental history: sold 3 times, last in February 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 950K8 February 2016
Current rentAED 30K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Lakepoint Tower

What is 710 worth today?

Last sold for AED 950,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2024RentedNew contract
AED 30,000/yr60 months · AED 33 per sqft
1 Apr 2022RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
24 Mar 2020RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
24 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
24 Nov 2017RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
8 Feb 2016SoldReady
AED 950,000AED 1,054 per sqft
19 Feb 2012SoldReady
AED 500,000AED 555 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
901 sqft
Floor
7th of 44
Parking
DMCC-0023
Developer
GGICO
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 950K · February 2016

About 710, Lakepoint Tower

710 is a one-bedroom apartment of 901 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 8 February 2016 for AED 950,000, or AED 1,054 per sqft, 11% above the AED 952 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 July 2024, is AED 30,000 a year: a gross yield of 3.2% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, February 2012: AED 500,000 (AED 555 per sqft)Sold by developer, February 2012: AED 606,763 (AED 673 per sqft)Sold, February 2016: AED 950,000 (AED 1,054 per sqft)

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

Rents
Unit 710, each contractTypical one-bed in Lakepoint Tower
25K50K75K2012201620202024Typical 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, November 2017: AED 82,000 a yearNew contract, March 2019: AED 60,000 a yearRenewal, March 2020: AED 60,000 a yearNew contract, April 2021: AED 60,000 a yearRenewal, April 2022: AED 60,000 a yearNew contract, July 2024: AED 30,000 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 710 sits

All 288 1-beds →

710 last sold in February 2016 at AED 1,054 per sqft, 11% above what one-beds in Lakepoint Tower were fetching at the time (AED 952). 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. 710's AED 30,000 is at the bottom 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 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
7051-bedAED 90K · Dec 2021
7061-bedAED 940K · Aug 2025
7071-bedAED 930K · Aug 2024
1–7 of 11

710, Lakepoint Tower in numbers

  • Sold 3 times: first on 14 February 2012 for AED 606,763, last on 8 February 2016 for AED 950,000 (AED 1,054 per sqft).
  • Rented since November 2017 on 6 Ejari contracts, from AED 82,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2016 price is 3.2%, before a service charge of about AED 11,500 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 15 July 2024.

Questions about 710, Lakepoint Tower

What did unit 710 last sell for?

AED 950,000 on 8 February 2016: AED 1,054 per sqft for 901 sqft. The unit has 3 registered sales; the first was AED 606,763 in February 2012.

What is the rent for unit 710?

AED 30,000 a year on the contract signed on 15 July 2024. The previous contract, from April 2022, was AED 60,000; the unit has been rented since November 2017.

How big is unit 710?

901 sqft (83.7 sqm): a one-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.

What is unit 710 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.

Selling 710? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 710, Lakepoint Tower

Starts from the last sale price (AED 950K, 8 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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