PropertyIndex

Green Lakes S2

In Progress · Date not reported|289 units · 1 tower

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Green Lakes S2 is an in-progress apartment development in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 289 registered units. 603 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,479 per sqft. At AED 1,479 per sqft, Green Lakes S2 prices 19% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.

PIX© price · 3.0% YoY
2.04MAED
Typical
1,479AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
603
DLD · all time
Rent contracts
2,357
Ejari · all time
Green Lakes S2

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
979 – 5,608 sqft
2892.04M1,4793.0%135K6.6%
Residential
1 Bed · Apartment
979 – 1,198 sqft
131
2 Bed · Apartment
1,265 – 1,658 sqft
137
3 Bed · Apartment
2,147 – 3,152 sqft
14
4 Bed · Apartment
4,791 sqft
1
Commercial
Shop
4,681 – 5,608 sqft
6
Sales — Project-Wide603 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
29 Jul 20263 BedFloor 353,1524,250,0001,348+23.2%StandardStandard Sale
2 Jun 20262 BedFloor 51,6122,300,0001,427+64.3%StandardStandard Sale
22 May 20261 BedFloor 249791,540,0001,574+30.0%StandardStandard Sale
Rentals — Project-Wide2,357 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 349 rentals
Floors 1-31 · 313 rentals
Floors 32-37 · 36 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20263 BedFloor 362,630215,00082-10.4%Standardnew
10 Aug 20261 BedFloor 18979125,0001280.0%Premiumnew
8 Aug 20262 BedFloor 81,657155,00094-3.1%Standardrenewal

Comparables

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

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Common questions about Green Lakes S2

Answered from Dubai Land Department registered transactions.

How much does a property in Green Lakes S2 cost?

Property in Green Lakes S2 sells at a current PIX© price of AED 1,479 per sqft, or about AED 2,041,407 for a typical unit, based on 603 sales registered with the Dubai Land Department.

When is Green Lakes S2 handing over?

Green Lakes S2 is under construction.

What is the rental yield in Green Lakes S2?

Green Lakes S2 yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 2,357 registered Ejari contracts.

How many units are in Green Lakes S2?

Green Lakes S2 holds 289 registered units, per the Dubai Land Department unit register.

Have prices in Green Lakes S2 gone up or down?

Price per sqft has fallen -3.0% over the last 12 months, to AED 1,479, across 603 registered sales.