1-bed · 973 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 8th floor · completed 2009

803, Lakepoint Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 550K13 June 2023
Current rentAED 48K /yr22 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Lakepoint Tower

What is 803 worth today?

Last sold for AED 550,000 in 2023

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13 Jun 2023SoldReady
AED 550,000AED 565 per sqft
22 Nov 2022RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
14 Jul 2021RentedNew contract
AED 34,000/yr13 months · AED 35 per sqft
7 Oct 2019RentedRenewal
AED 47,000/yr12 months · AED 48 per sqft
7 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
12 Jun 2017RentedNew contract
AED 63,000/yr12 months · AED 65 per sqft
15 Feb 2014RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
15 Feb 2013RentedNew contract
AED 47,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 13 June 2023.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
8th of 44
Parking
DMCC-0031
Developer
GGICO
Completed
2009
Service charge
AED 12,400 /yr
Last sold
AED 550K · June 2023

About 803, Lakepoint Tower

803 is a one-bedroom apartment of 973 sqft on the 8th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. It last sold on 13 June 2023 for AED 550,000, or AED 565 per sqft, 10% below the AED 628 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 22 November 2022, is AED 48,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 12,400 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Lakepoint Tower
500K1M2009201420192024Typical 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, May 2010: AED 1,167,120 (AED 1,199 per sqft)Sold, June 2023: AED 550,000 (AED 565 per sqft)

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

Rents
Unit 803, 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 70,000New contract, February 2013: AED 47,000 a yearRenewal, February 2014: AED 47,000 a yearNew contract, June 2017: AED 63,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 47,000 a yearNew contract, July 2021: AED 34,000 a yearNew contract, November 2022: AED 48,000 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 803 sits

All 288 1-beds →

803 last sold in June 2023 at AED 565 per sqft, 10% below what one-beds in Lakepoint Tower were fetching at the time (AED 628). 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. 803's AED 48,000 is in the lower half 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 8th floor

All 413 units in Lakepoint Tower
Value
8011-bedAED 850K · Feb 2016
8021-bedAED 750K · Aug 2024
8041-bedAED 860K · Oct 2013
8051-bedAED 905K · Jun 2025
8061-bedAED 538K · Aug 2010
8071-bedAED 1.15M · Sep 2025
8081-bedAED 505K · Feb 2012
1–7 of 11

803, Lakepoint Tower in numbers

  • Sold twice: first on 9 May 2010 for AED 1,167,120, last on 13 June 2023 for AED 550,000 (AED 565 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 47,000 to AED 34,000 in 2021 and recovered to AED 48,000 by November 2022.
  • At AED 48,000 a year the gross yield on the 2023 price is 8.7%, 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 13 June 2023.

Questions about 803, Lakepoint Tower

What did unit 803 last sell for?

AED 550,000 on 13 June 2023: AED 565 per sqft for 973 sqft. The unit has 2 registered sales; the first was AED 1,167,120 in May 2010.

What is the rent for unit 803?

AED 48,000 a year on the contract signed on 22 November 2022. The previous contract, from July 2021, was AED 34,000; the unit has been rented since February 2013.

How big is unit 803?

973 sqft (90.4 sqm): a one-bedroom apartment on the 8th floor of a 44-storey tower completed in 2009.

What is unit 803 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 803, Lakepoint Tower

Starts from the last sale price (AED 550K, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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