Lake Central

Completed|195 units · 1 tower

Lake Central is a completed 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 2,912 per sqft. At AED 2,912 per sqft, Lake Central prices 62% above the Business Bay median of AED 1,795 per sqft on registered sales.

PIX© price · ↑33.5% YoY

3.40MAED

Typical

2,912AED

PSF

Gross yield

4.6%

PIX© rent ÷ PIX© price

Sale records

207

DLD · all time

Rent contracts

1,728

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai5 min · 1.5 km

DXB Airport16 min · 16.5 km

DIFC11 min · 5.2 km

Dubai Marina26 min · 24.0 km

Palm Jumeirah25 min · 25.4 km

Nearest · straight-line

Metro stationBusiness Bay1.4 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 12

…

Office on Floor 12, Lake Central

Size
Record: Jun 2013 to May 2025
Owners: 6
Tenants: 12
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
12Tenant 12	1 May 2025		12 mo	Owner 6
6Owner 6	4 Oct 2024		23 mo	Current owner Sold with tenant in place
11Tenant 11	1 May 2024		12 mo	Ended early Owner 5
8Tenant 8	21 Aug 2023		12 mo	Owner 5 · Registered 3 times
5Owner 5	18 Nov 2022		23 mo	Sold with tenant in place
7Tenant 7	27 Sep 2022		12 mo	Owner 4
6Tenant 6	2 Jun 2022		3 mo	Renewal · Ended early Owner 4
6Tenant 6	2 Jun 2021		12 mo	Renewal Owner 4
6Tenant 6	18 May 2020		12 mo	Owner 4
5Tenant 5	1 Feb 2019		12 mo	Owner 4
4Tenant 4	17 Jul 2018		7 mo	Renewal · Ended early Owner 4
4Tenant 4	17 Jul 2017		12 mo	Renewal Owner 4
4Tenant 4	17 Jul 2016		12 mo	Owner 4
4Owner 4	25 May 2016		6.5 yrs	Sold with tenant in place
3Tenant 3	25 Feb 2015		17 mo	Owner 3
1Tenant 1	11 Feb 2014		12 mo	Owner 3 · Registered twice
3Owner 3	1 Oct 2013		2.6 yrs
2Owner 2	23 Jun 2013		3 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 12 · Lake Central

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Lake Central2,912AED/sqft · project-wide

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	PIX© Rent /yr	Yield
PIX© Core Project-Wide 526 - 2,579 sqft	195	3.40M	2,912	↑33.5%	156K	4.6%
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

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
22 May 2026	—	Lake Central · Floor 7	1,129	3,250,000	2,878	+71.1%	Standard	Standard Sale
11 Feb 2026	—	Lake Central · Floor 9	1,697	3,850,000	2,269	+170.9%	Standard	Standard Sale
25 Dec 2025	—	Lake Central · Floor 13	988	2,600,000	2,632	+108.0%	Premium	Standard Sale

Rentals - Project-Wide1,728 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
5 Sep 2026		—	Lake Central · Floor 11	1,125	180,000	160	-	Standard	CONTRACT
1 Sep 2026	—	—	Lake Central · Floor 13	907	180,000	199	-	Standard	CONTRACT
1 Sep 2026		—	Lake Central · Floor 6	820	100,000	122	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Lake Central

Compared with

SOL Bay

PIX© PSF

2,797

Rank

#3 of 23

#2 of 23

Typical price

3.28M

Yield

5.2%

Units

195

331

Sales

291

Rents

548

705

Developer

HAMID PROPERTIES LIMITED

S O L PROPERTIES DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Binary Tower BINARY DEVELOPMENT LIMITED · Completed	430					186	8,845
	SOL Bay S O L PROPERTIES DEVELOPMENT L.L.C · Completed	331					291	705
3	Lake Central HAMID PROPERTIES LIMITED · Completed	195	2,797	Subject	3.28M	5.2%	31	548
	Al Manara Tower ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	321					86	948
	The Citadel Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	419					143	3,855
	Opal Tower MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH · Completed	206					94	1,557
	The Metropolis DEYAAR DEVELOPMENT (P.J.S.C) · Completed	332					155	1,382
	Westburry Tower 1 TASAMEEM REAL ESTATE ( TASAMEEM ) OWNED BY UNITED INTERNATIONAL REPRESENTATION OF COMPANIES L L C - SOLE PROPRIETORSHIP L.L.C · Completed	303					94	2,412
	Sobha Sapphire SOBHA REALTY · Completed	196					80	575
	The Prism CREDO INVESTMENTS F Z E · Completed	300					109	1,334
	Business Tower DAMAC · Completed	166					66	431

Community median 1,795 AED/sqft. Showing the closest-ranked peers of 23 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 37 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

SOL BayAED 3,096/sqft
Al Manara TowerAED 2,495/sqft
The Citadel TowerAED 2,087/sqft
The Binary TowerAED 3,789/sqft
Opal TowerAED 1,928/sqft
The MetropolisAED 1,924/sqft

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 2,912 per sqft, or about AED 3,402,956 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.

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 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,728 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 +33.5% over the last 12 months, to AED 2,912, across 207 registered sales.