PropertyIndex

Lake Central

Completed · Q1 2012|195 units · 1 podium

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Lake Central is a completed apartment development by hamid PROPERTIES LIMITED in Business Bay, comprising 195 registered units. 207 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,894 per sqft. At AED 2,894 per sqft, Lake Central prices 19% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 34.9% YoY
3.41MAED
Typical
2,894AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
207
DLD · all time
Rent contracts
1,988
Ejari · all time
Lake Central

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
526 – 2,579 sqft
1953.41M2,89434.9%179K5.3%
Residential
Studio · Apartment
1 Bed · Apartment
2 Bed · Apartment
3 Bed · Apartment
Commercial
Office
526 – 1,697 sqft
185
Shop
747 – 2,579 sqft
10
Sales — Project-Wide207 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
22 May 2026Floor 71,1293,250,0002,878+71.1%StandardStandard Sale
11 Feb 2026Floor 91,6973,850,0002,269+170.9%StandardStandard Sale
25 Dec 2025Floor 139882,600,0002,632+108.0%PremiumStandard Sale
Rentals — Project-Wide1,988 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 2026907180,000199Standardnew
12 Aug 2026Floor 7820106,499130-23.9%Entry Levelnew
3 Aug 2026Floor 17689122,500178+67.1%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Lake Central

Answered from Dubai Land Department registered transactions.

How much does a property in Lake Central cost?

Property in Lake Central sells at a current PIX© price of AED 2,894 per sqft, or about AED 3,414,887 for a typical unit, based on 207 sales registered with the Dubai Land Department.

Is Lake Central completed?

Yes. Lake Central is recorded as completed in the Dubai Land Department project register (completed q1 2012).

Who is the developer of Lake Central?

Lake Central is developed by hamid PROPERTIES LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Lake Central?

Lake Central yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,988 registered Ejari contracts.

How many units are in Lake Central?

Lake Central holds 195 registered units, per the Dubai Land Department unit register.

Have prices in Lake Central gone up or down?

Price per sqft has risen +34.9% over the last 12 months, to AED 2,894, across 207 registered sales.