Lake Point Tower

Lake Point Tower by GGICO (Master Developer: Nakheel) in JLT

TL;DR Summary:

• Developer: Gulf General Investments Company (GGICO) / Master Developer: Nakheel
• Location: Cluster N, Jumeirah Lake Towers (JLT)
• Status: Ready (Completed 2008)
• Starting Price: AED 1,000,000
• Unit Types: Studio to 3-bedroom residential apartments.
• Key Feature: A 45-storey residential tower offering high affordability and an entire top floor dedicated to communal resort-style facilities.

Lake Point Tower is a highly established and incredibly vibrant 45-storey residential skyscraper located at the far south-western corner of the dynamic Jumeirah Lake Towers (JLT) master community (overseen by Nakheel). Masterfully developed by Gulf General Investments Company (GGICO) with architecture by the National Engineering Bureau, this project was successfully completed in 2008. Designed to offer a perfect harmony of high-end lifestyle and exceptional affordability, Lake Point Tower has built a solid reputation as a premier urban sanctuary for professionals, couples, and growing families seeking a well-connected, amenity-rich environment.

The tower offers an extensive and highly versatile portfolio of exactly 414 premium residential apartments. Discerning buyers and tenants can choose from a wide selection of highly practical studios, alongside spacious 1, 2, and 3-bedroom configurations. The residences are celebrated for their highly functional layouts, featuring fully equipped kitchens, built-in wardrobes, and large windows that offer commanding views of the surrounding JLT skyline. Historically, apartments in this building offered unique incentives, including residence visas and a fixed 3-year maintenance period. According to verified real estate records, starting prices for these high-demand, ready-to-move-in residences are currently anchored at an incredibly attractive AED 1,000,000, ensuring some of the strongest and most stable rental yields in the district.

Living at Lake Point Tower grants residents access to an extraordinary suite of world-class, resort-style shared amenities. Uniquely, the entire top floor is dedicated to communal facilities, split down the middle to form two mirror-reverse amenity segments.

The building features three stunning temperature-controlled swimming pools, state-of-the-art gymnasiums, and luxurious spa facilities including saunas and Jacuzzis. The tower ensures absolute convenience with a billiards room, an electronic games room, a staffed Business Centre, and a dedicated children’s play room. With its opulent lobby, 3-level basement parking, and immediate access to JLT’s retail and metro infrastructure, Lake Point Tower remains a definitive choice for smart urban living.