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Project profile

Lake Terrace Project · Jumeirah Lake Towers · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: DAMAC Properties

Data to 4 November 2026

Registered sales
28
Last 12 months
Median ready price
AED 1,592
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 13 May 2008. In the last 12 months, Dubai Land Department registered 28 sales in Lake Terrace, worth AED 33.7M in total. The median price of ready homes was 1,592 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
20 May 2006
DLD end date
13 May 2008
Completion
13 May 2008
Units
573
Buildings
1

Lake Terrace registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Nov 2023 — 3 sales
Dec 2023 — 2 sales
Jan 2024 1,441 AED/sqft 5 sales
Feb 2024 1,499 AED/sqft 5 sales
Mar 2024 1,471 AED/sqft 6 sales
Apr 2024 — 4 sales
May 2024 1,544 AED/sqft 6 sales
Jun 2024 — 4 sales
Jul 2024 1,478 AED/sqft 6 sales
Aug 2024 1,460 AED/sqft 7 sales
Sep 2024 — 4 sales
Oct 2024 1,394 AED/sqft 5 sales
Nov 2024 1,801 AED/sqft 5 sales
Dec 2024 — 1 sale
Jan 2025 — 4 sales
Feb 2025 1,446 AED/sqft 8 sales
Mar 2025 1,394 AED/sqft 5 sales
Apr 2025 — 1 sale
May 2025 — 3 sales
Jun 2025 1,543 AED/sqft 6 sales
Jul 2025 1,334 AED/sqft 6 sales
Aug 2025 — 4 sales
Sep 2025 — 4 sales
Oct 2025 — 2 sales
Nov 2025 — 2 sales
Dec 2025 — 4 sales
Jan 2026 — 2 sales
Feb 2026 — 1 sale
Mar 2026 — 1 sale
Apr 2026 — 4 sales
May 2026 — 3 sales
Jun 2026 — 3 sales
Jul 2026 — 3 sales
Aug 2026 —
Sep 2026 — 2 sales
Oct 2026 — 3 sales

What does each home type sell and rent for in Lake Terrace?

  • Apartment · Studio

    Ready median price
    AED 825K
    Median yearly rent
    AED 60K
    Gross yield
    7.3%
  • Apartment · 1 bed

    Ready median price
    AED 1.1M
    Median yearly rent
    AED 80K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    —
    Median yearly rent
    AED 115K
    Gross yield
    Rent only
  • Apartment · 3 beds

    Ready median price
    —
    Median yearly rent
    AED 125K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Jumeirah Lake Towers area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Lake Towers area report

The latest registered sales in Lake Terrace.

  • 28 Oct 2026

    ApartmentStudioReady517 sqft

    AED 750,0001,451 AED/sqft

  • 28 Oct 2026

    ApartmentStudioReady496 sqft

    AED 700,0001,411 AED/sqft

  • 27 Oct 2026

    Apartment2 bedsReady1,237 sqft

    AED 1,700,0001,374 AED/sqft

  • 9 Sep 2026

    Apartment1 bedReady718 sqft

    AED 1,000,0001,393 AED/sqft

  • 3 Sep 2026

    ApartmentStudioReady496 sqft

    AED 800,0001,613 AED/sqft

  • 21 Jul 2026

    Apartment2 bedsReady1,288 sqft

    AED 2,050,0001,592 AED/sqft

  • 6 Jul 2026

    Apartment1 bedReady753 sqft

    AED 1,090,0001,448 AED/sqft

  • 2 Jul 2026

    ApartmentStudioReady497 sqft

    AED 870,0001,751 AED/sqft

  • 29 Jun 2026

    Apartment1 bedReady718 sqft

    AED 1,125,0001,567 AED/sqft

  • 29 Jun 2026

    ApartmentStudioReady489 sqft

    AED 825,0001,687 AED/sqft

Questions about Lake Terrace

What is the price per sq ft in Lake Terrace?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,592 AED/sqft.

How many homes were sold in Lake Terrace in the last 12 months?

In the last 12 months, Dubai Land Department registered 28 sales in Lake Terrace, worth AED 33.7M in total. The median price of ready homes was 1,592 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Lake Terrace?

In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Lake Terrace, at a median of AED 60,000 a year over 115 new contracts. Against its ready median price of AED 825,000, that is a gross yield of 7.3%, before service charges and other costs.

When was Lake Terrace completed?

Dubai Land Department lists the project as completed on 13 May 2008.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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