Lake Central

Completed|195 units · 1 tower

Lake Central is a completed development by HAMID PROPERTIES LIMITED in Business Bay, comprising 195 registered units. 208 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,269 per sqft. At AED 2,269 per sqft, Lake Central prices 23% above the Business Bay median of AED 1,842 per sqft on registered sales.

PIX© price · ↑15.9% YoY

2.65MAED

Typical

2,269AED

PSF

Gross yield

6.8%

PIX© rent ÷ PIX© price

Sale records

208

DLD · all time

Rent contracts

1,750

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai5 min · 1.5 km

DXB Airport16 min · 16.5 km

DIFC12 min · 5.2 km

Dubai Marina25 min · 23.1 km

Palm Jumeirah25 min · 25.4 km

Nearby · straight-line

Metro stationBusiness Bay1.4 km

MallBay Avenue Mall0.9 km

SchoolGEMS Our Indian School2 km

HospitalMedcare Orthopaedics & Spine Hospital2.7 km

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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		2.1 yrs	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)

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Lake Central2,269AED/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	2.65M	2,269	↑15.9%	181K	6.8%
Office 526 - 1,697 sqft	185
Shop 747 - 2,579 sqft	10	-	-	-

Sales - Project-Wide208 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
27 Sep 2026	—	Lake Central · Floor 11	1,126	2,350,000	2,087	+72.2%	Standard	Standard Sale
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

Rentals - Project-Wide1,750 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	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Dec 2026	—	Lake Central · Floor 18	1,652	50,000	30	-	Entry Level	CERTIFICATE
4 Nov 2026	—	Lake Central · Floor 7	805	103,000	128	-	Entry Level	CONTRACT
1 Nov 2026	—	Lake Central · Floor 21	820	50,000	61	-	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

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Lake Central

Compared with

The Metropolis

PIX© PSF

2,131

Rank

#4 of 26

#3 of 26

Typical price

2.41M

Yield

6.9%

Units

195

332

Sales

149

Rents

550

1,397

Developer

HAMID PROPERTIES LIMITED

DEYAAR DEVELOPMENT (P.J.S.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	SOL Bay S O L PROPERTIES DEVELOPMENT L.L.C · Completed	331					239	723
	Al Manara Tower ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	321					83	953
	The Metropolis DEYAAR DEVELOPMENT (P.J.S.C) · Completed	332					149	1,397
4	Lake Central HAMID PROPERTIES LIMITED · Completed	195	2,131	Subject	2.41M	6.9%	30	550
	The Regal Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	388					125	947
	The Citadel Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	419					145	3,930
	Westburry Tower 1 TASAMEEM REAL ESTATE ( TASAMEEM ) OWNED BY UNITED INTERNATIONAL REPRESENTATION OF COMPANIES L L C - SOLE PROPRIETORSHIP L.L.C · Completed	303					90	2,549
	Opal Tower MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH · Completed	206					91	1,559
	Business Tower DAMAC · Completed	166					65	431
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · Completed	298					126	791
	Sobha Sapphire SOBHA REALTY · Completed	196					80	580

Community median 1,842 AED/sqft. Showing the closest-ranked peers of 26 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 56 excluded for trading only in the off-plan market. 34 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.

The MetropolisAED 2,432/sqft
The Regal TowerAED 2,063/sqft
Al Manara TowerAED 2,495/sqft
The Citadel TowerAED 2,042/sqft
Westburry Tower 1AED 1,955/sqft
Opal TowerAED 1,928/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 2,269 per sqft, or about AED 2,646,893 for a typical unit, based on 208 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 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,750 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 +15.9% over the last 12 months, to AED 2,269, across 208 registered sales.