Lake Point Tower, JLT
Lake Point Tower is a 45-storey residential building in Cluster N of Jumeirah Lake Towers (JLT), Dubai, developed by Gulf General Investments Company (GGICO). Completed in 2008, the tower holds 414 units, mainly studio, 1-bedroom and 2-bedroom apartments with a small number of 3-bedroom units also available, overlooking the JLT lakes. This guide covers Lake Point Tower's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Gulf General Investments Company
Storeys
45
Completed
2008
Location
JLT, Cluster N
Unit Types
Studio, 1BR, 2BR
About Lake Point Tower
Lake Point Tower is a residential building in Cluster N of Jumeirah Lake Towers (JLT), within the Al Thanyah Fifth DLD-registered area of the wider DMCC Master Community. The tower was developed by Gulf General Investments Company (GGICO) and completed in 2008, standing approximately 184 metres tall across 45 storeys. It holds 414 units, mainly studio, 1-bedroom and 2-bedroom apartments, with a limited number of 3-bedroom units also available.
Developer, storeys (45) and unit count (414) are confirmed across Bayut and Propsearch (2 independent sources, exact agreement). Completion year (2008) and height (approximately 184m) are single-sourced to Bayut. Unit mix: Propsearch lists studio, 1-bedroom and 2-bedroom apartments; Bayut's own floor-plan table additionally lists a 3-bedroom unit type. Both are used, including the wider Bayut range.
Location & Nearby Landmarks
Lake Point Tower sits in JLT's Cluster N, within the Al Thanyah Fifth DLD-registered area of the wider DMCC master community, overlooking the JLT lakes. Nearby buildings include The Dome Tower, a high-rise commercial building right in Cluster N; Reef Tower in Cluster O, roughly a 10-minute drive away; and Icon Tower 1 in Cluster M, about 7 minutes away. Dubai Marina Walk is roughly a 7-minute drive from the tower, with the Movenpick Hotel and The Walk at JBR also nearby. Schools within reach include Emirates International School Meadows (about 1.9 km away) and The Winchester School (about 3.0 km away).
JLT has its own dedicated Royale Stays area guide covering location, connectivity and the wider rental market context: Airbnb management in JLT, Dubai. Lake Point Tower is joined by several other JLT towers Royale Stays already covers, including Goldcrest Views 1, Uptown Tower, and the similarly-named Lake City Tower, a distinct building in Cluster D. Lake Point Tower and Lake City Tower are two separate towers in different JLT clusters, not the same building under different names.
Unit Types
Lake Point Tower offers 414 units, mainly studio, 1-bedroom and 2-bedroom apartments, with a small number of 3-bedroom units also available. Per Bayut's floor-plan data (single-sourced, not independently cross-verified), 1-bedroom units cover roughly 850 to 1,150 sq ft with 1 to 2 bathrooms; 2-bedroom units cover roughly 1,404 to 1,590 sq ft with 4 bathrooms and a maid's room; and the limited 3-bedroom units cover roughly 1,905 to 2,000 sq ft with 3 to 5 bathrooms, a maid's room and a spacious balcony. All unit types include a living/dining area, kitchen and balcony.
Amenities
Lake Point Tower's top floor is dedicated to communal facilities split into two mirrored amenity decks, each with a covered swimming pool, a gymnasium, and spa facilities including a steam room, sauna and jacuzzi. The building also has an opulent lobby, a prayer room and a children's play room, plus 3 levels of basement parking with additional outdoor covered parking. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Amenity details single-sourced to famproperties.com's building FAQ page, not independently cross-verified against a second source. Presented as building-provided facilities rather than a Royale Stays claim.
Transportation & Access
Lake Point Tower is around a 20-minute walk from both DMCC Metro Station and Sobha Realty Metro Station, giving residents access to the Dubai Metro Red Line for onward connections across the city. Closer bus stops are within a few minutes’ walk, including one at The Dome Tower roughly 1 minute away. Sheikh Zayed Road (E11) is a short drive from the building, putting Dubai Marina, JBR and Downtown Dubai all within a roughly 10 to 20-minute drive depending on traffic.
Metro walking distances and bus-stop proximity from Bayut. Sheikh Zayed Road access confirmed by jlt-dubai.com. Exact drive times to other districts reflect JLT's general position relative to the wider road network, consistent with sibling JLT tower guides.
Rental & Price Trends
Dubai Land Department transaction records show recent 2026 sales at Lake Point Tower ranging roughly from AED 1,010,000 to AED 2,500,000, depending on unit size. A representative transaction recorded on 24 August 2026 shows a 979 sq ft one-bedroom unit selling for AED 1,055,000, working out to approximately AED 1,078 per sq ft.
Owners considering a unit at Lake Point Tower can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate.
Pricing drawn from Propsearch's live DLD 'Latest Transactions' feed, sourced directly from published Dubai Land Department open-data records rather than the portal's own estimate.
Airbnb & Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Lake Point Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Lake Point Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Lake Point Tower has an active long-term rental market, with listings visible on major property portals, confirming ongoing demand for units in the building. Royale Stays does not currently have booking data specific to Lake Point Tower to draw on, so this guide does not present a building income figure it cannot support. For an owner weighing whether Airbnb makes sense for a unit at Lake Point Tower, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable JLT listings.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential. See Royale Stays' full guide to Airbnb property management in Dubai for the wider market picture.
Royale Stays does not yet have Lake Point Tower-specific portfolio data to draw on for this guide. No dedicated short-term-rental aggregator listing (e.g. Airbnb, Booking.com, OYO) for this building was found in a search of the top organic results; this section reflects long-term rental demand only, disclosed plainly rather than implying an STR signal that was not found.
Questions