712, Lakepoint Tower
Sold prices and rental history: sold twice, 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 712, Lakepoint Tower
What is 712 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 7th of 44
- Parking
- DMCC-1191
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 10,900 /yr
- Last sold
- AED 800K · August 2024
- Building
- Lakepoint Tower
About 712, Lakepoint Tower
712 is a one-bedroom apartment of 851 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 August 2024 for AED 800,000, or AED 940 per sqft, 13% above the AED 835 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 80,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 10,900 a year.
Sales and rents for 712 over time
712 has sold twice; 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 712 sits
All 288 1-beds →712 last sold in August 2024 at AED 940 per sqft, 13% above what one-beds in Lakepoint Tower were fetching at the time (AED 835). 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. 712's AED 80,000 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 | |
| 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, Lakepoint Tower in numbers
- Sold twice: first on 15 September 2011 for AED 575,446, last on 8 August 2024 for AED 800,000 (AED 940 per sqft).
- Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 80,000 by October 2025.
- At AED 80,000 a year the gross yield on the 2024 price is 10.0%, 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 17 October 2025.
Questions about 712, Lakepoint Tower
What did unit 712 last sell for?
AED 800,000 on 8 August 2024: AED 940 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 575,446 in September 2011.
What is the rent for unit 712?
AED 80,000 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since April 2013.
How big is unit 712?
851 sqft (79.1 sqm): a one-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.
What is unit 712 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 712? 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.
Mortgage on 712, Lakepoint Tower
Starts from the last sale price (AED 800K, 8 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →