Lake Point Tower

Gulf General Investments Company · studio, 1BR, 2BR, 3BR · Jumeirah Lake Towers (JLT), Dubai

Lake Point Tower is a residential project by Gulf General Investments Company in Jumeirah Lake Towers (JLT), Dubai, offering studio, 1BR, 2BR, 3BR layouts. Prices start from AED 2,180. This is an off-plan purchase with expected completion in December 2008 on a 60 / 40 payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Lake Point Tower is a residential apartment complex located in Jumeirah Lakes Towers, offering a mix of studios and 1-3 bedroom apartments.

Key facts

Developer
Gulf General Investments Company
Area
Jumeirah Lake Towers (JLT), Dubai
Property type
studio, 1BR, 2BR, 3BR
Starting price
AED 2,180
Payment plan
60 / 40
Expected completion
December 2008
Construction status
Now selling
Indicative gross yield
7% – 9%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Lake Point Tower typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across studio, 1BR, 2BR, 3BR layouts in Jumeirah Lake Towers (JLT), Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Jumeirah Lake Towers (JLT), Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Lake Point Tower cost?

Prices at Lake Point Tower start from AED 2,180. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Lake Point Tower located?

Lake Point Tower is located in Jumeirah Lake Towers (JLT), Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Lake Point Tower?

The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.

When is Lake Point Tower expected to complete?

Expected completion is December 2008 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Lake Point Tower?

The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Lake Point Tower?

Lake Point Tower is developed by Gulf General Investments Company. We review their delivery record, build quality and value retention before recommending it.

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