Project · #1909 by 12M value
Lakepoint Tower
Jumeirah Lake Towers · Gulf General Investment Company (GGICO)
Market bulletin · Thu, 22 Oct 2026
Lakepoint Tower: 2 sales worth AED 1.92M in 30 days
Lakepoint Tower recorded 2 sales worth AED 1.92M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.00M), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Lake Towers, Lakepoint Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Gulf General Investment Company (GGICO).
Leases registered in the last three months had a median annual rent of AED 70K. The best gross yield is on 1 BR apartments at about 7.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 994 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 865 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 945 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 824 |
| Dec 24 | AED 898 |
| Nov 24 | AED 843 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 7 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 1.92M | — | — |
| Last 3 months | 2 | down 33.3% | AED 1.92M | — | — |
| Last 6 months | 5 | down 72.2% | AED 6.43M | 1,110 | up 9.7% |
| Last 12 months | 23 | down 56.6% | AED 29.6M | 1,032 | up 11.6% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 23 | 100% | AED 1.00M | 1,032 | up 11.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 16 | 70% | AED 960K | 1,025 | up 10.8% |
| 2 bedrooms | 2 | 9% | — | — | — |
| 3 bedrooms | 5 | 22% | AED 2.30M | 1,179 | up 30.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 19 | 83% | AED 975K | 1,022 | up 10.5% |
| AED 2M–10M | 4 | 17% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 73K |
| Sept 26 | AED 80K |
| Aug 26 | AED 70K |
| Jul 26 | AED 67K |
| Jun 26 | AED 72K |
| May 26 | AED 70K |
| Apr 26 | AED 70K |
| Mar 26 | AED 71K |
| Feb 26 | AED 88K |
| Jan 26 | AED 74K |
| Dec 25 | AED 75K |
| Nov 25 | AED 74K |
| Oct 25 | AED 88K |
| Sept 25 | AED 73K |
| Aug 25 | AED 70K |
| Jul 25 | AED 70K |
| Jun 25 | AED 70K |
| May 25 | AED 70K |
| Apr 25 | AED 70K |
| Mar 25 | AED 68K |
| Feb 25 | AED 72K |
| Jan 25 | AED 71K |
| Dec 24 | AED 70K |
| Nov 24 | AED 74K |
- Leases (12M)
- 276
- New leases
- 55.4%
- Median rent 3M
- AED 70K
- Rent/sqft 3M
- AED 72
| 1 BR apartments | AED 70K / AED 960K | 7.3% |
|---|---|---|
| 3 BR apartments | AED 145K / AED 2.30M | 6.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 173 | AED 70K | AED 70K | 76 |
| 2 BR | 39 | AED 105K | AED 110K | 75 |
| 3 BR | 14 | AED 145K | — | 74 |
Competing projects in Jumeirah Lake Towers
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Diamondz By DanubeDanube Properties | 113 | 2,765 | — |
| MBL SignatureMAG Property Development | 96 | 1,941 | — |
| Saba Towers 4SABA Properties JLT | 40 | 2,542 | — |
| Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development | 57 | 3,600 | — |
| Upper House EastEllington Properties Development | 42 | 1,898 | — |
| Upper House WestEllington Properties Development | 40 | 1,874 | — |
| Golf Views Seven City - Seven City JLTSeven Tides International | 94 | 1,133 | — |
| Mercer House South TowerEllington Properties Development | 18 | 2,547 | — |
| MBL RoyalMAG Property Development | 22 | 1,854 | — |
| Verde by SobhaSobha Real Estate | 24 | 2,132 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.00M | 1 BR Apartment · 901 sqftLakepoint Tower · Jumeirah Lake Towers | 20 Oct |
| AED 920K | 1 BR Apartment · 901 sqftLakepoint Tower · Jumeirah Lake Towers | 8 Oct |
Questions about Lakepoint Tower
How many properties were sold in Lakepoint Tower in the last year?
23 sales worth AED 29.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Lakepoint Tower?
The median annual rent on leases registered in the last three months was AED 70K, and the best gross rental yield is about 7.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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