LAKE CITY TOWER

Mature
Started
17 years 6 months ago15-07-2008
Handover
17 years 4 months ago23-09-2008
Status
CompleteFinished

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 1,389/sqft
Last 12M:AED 1,350/sqft
Momentum: Last 12Mvs Prior Year
Rising
+39%
Growth
Last 12M:AED 1,350/sqft
Prior Year:AED 971/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount
-19%
Below Avg
Project:AED 1,389/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate
10%Turnover
44Sold (Last 12M)

Supply & Demand Matrix

LAKE CITY TOWER averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
65 units
12%
Velocity
1 Bedroom
292 units
10%
Velocity
2 Bedrooms
65 units
9%
Velocity
Shop
10 units
0%
Velocity
Office
11 units
0%
Velocity

Layouts & Units (443)

Asset Class
Studio FlatFloors 2-34
Inventory
65units
2 layouts · Typically 1 parking
~6 sqm balcony
Size Range
205-479sqft
Price Range
AED 205K - AED 785K
Avg PSF
1,072
Sales
124
Trend
Asset Class
1 Bed FlatFloors 2-34
Inventory
292units
11 layouts · Typically 1 parking
6-13 sqm balcony
Size Range
269-860sqft
Price Range
AED 180K - AED 1.4M
Avg PSF
958
Sales
582
Trend
Asset Class
2 Bed FlatFloors 2-34
Inventory
65units
4 layouts · Typically 1 parking
~6 sqm balcony
Size Range
623-1,248sqft
Price Range
AED 325K - AED 1.9M
Avg PSF
859
Sales
141
Trend
Asset Class
Building
Inventory
0units
Size Range
17,760-17,760sqft
Price Range
Avg PSF
985
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
510-860sqft
Price Range
Avg PSF
38,909
Sales
0
Trend
Asset Class
OfficeFloor 1
Inventory
11units
11 layouts · Typically 1.3 parking
10-23 sqm balcony
Size Range
210-1,502sqft
Price Range
AED 200K - AED 450K
Avg PSF
786
Sales
11
Trend
Asset Class
ShopPodium
Inventory
10units
10 layouts · Typically 1.6 parking
Size Range
251-2,670sqft
Price Range
AED 263K - AED 1.4M
Avg PSF
1,488
Sales
4
Trend

Grouped into 7 asset classes covering 443 units

LAKE CITY TOWER in Jumeirah Lakes Towers - Prices and Units | Property Index