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Lake Terrace is a completed apartment development by DAMAC PROPERTIES CO (L.L.C) in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 573 registered units. 1,330 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,628 per sqft. At AED 1,628 per sqft, Lake Terrace prices 11% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 438 – 1,669 sqft | 573 | 1.11M | 1,628 | ↑3.2% | 70K | 6.4% | |
| Residential | |||||||
Studio · Apartment 472 – 567 sqft | 258 | ||||||
1 Bed · Apartment 718 – 894 sqft | 216 | ||||||
2 Bed · Apartment 1,237 – 1,669 sqft | 44 | ||||||
3 Bed · Apartment 1,473 – 1,530 sqft | 26 | ||||||
| Commercial | |||||||
Shop 438 – 1,225 sqft | 29 | ||||||
| Floors | Median PSF |
|---|---|
| All floors | 82 sales |
| Floors 3-20 | 41 sales |
| Floors 21-40 | 41 sales |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 14 Aug 2026 | — | Floor CL | 456 | 1,350,000 | 2,963 | +114.3% | Standard | Standard Sale |
| 21 Jul 2026 | 2 Bed | Floor 14 | 1,288 | 2,050,000 | 1,591 | +36.7% | Standard | Standard Sale |
| 3 Jul 2026 | 1 Bed | Floor 8 | 753 | 1,090,000 | 1,448 | -12.8% | Entry Level | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 754 rentals |
| Floors 2-21 | 472 rentals |
| Floors 23-36 | 252 rentals |
| Floors 37-40 | 30 rentals |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Sep 2026 | 2 Bed | 1,237 | 100,000 | 81 | — | Entry Level | new |
| 28 Aug 2026 | 1 Bed | 753 | 76,000 | 101 | — | Standard | renewal |
| 21 Aug 2026 | Studio | 489 | 47,500 | 97 | — | Entry Level | new |
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.
- Gold Crest Views2AED 1,597/sqft
- Dubai Arch TowerAED 1,594/sqft
- Bonnington Tower Hotel & Residence DubaiAED 1,676/sqft
- Green Lakes S3AED 1,563/sqft
- Tiffany TowersAED 1,697/sqft
- Goldcrest ViewsAED 1,548/sqft
Common questions about Lake Terrace
Answered from Dubai Land Department registered transactions.
How much does a property in Lake Terrace cost?
Property in Lake Terrace sells at a current PIX© price of AED 1,628 per sqft, or about AED 1,105,022 for a typical unit, based on 1,330 sales registered with the Dubai Land Department.
Is Lake Terrace completed?
Yes. Lake Terrace is recorded as completed in the Dubai Land Department project register (completed q2 2008).
Who is the developer of Lake Terrace?
Lake Terrace is developed by DAMAC PROPERTIES CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Lake Terrace?
Lake Terrace yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 4,461 registered Ejari contracts.
How many units are in Lake Terrace?
Lake Terrace holds 573 registered units, per the Dubai Land Department unit register.
Have prices in Lake Terrace gone up or down?
Price per sqft has risen +3.2% over the last 12 months, to AED 1,628, across 1,330 registered sales.