PropertyIndex

Lake Terrace

Completed|579 units · 1 tower

Lake Terrace is a completed development by DAMAC in Jumeirah Lake Towers, comprising 579 registered units. 1,309 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,511 per sqft. At AED 1,511 per sqft, Lake Terrace prices 2% above the Jumeirah Lake Towers median of AED 1,485 per sqft on registered sales.

PIX© price · ↓7.6% YoY
1.01MAED
Typical
1,511AED
PSF
Gross yield
8.2%
PIX© rent ÷ PIX© price
Sale records
1,309
DLD · all time
Rent contracts
4,599
Ejari · all time
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 35
…

1 Bed on Floor 35, Lake Terrace

Size
Record
Nov 2009 to Dec 2025
Owners
8
Tenants
10
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
10Tenant 107 Dec 2025
Renewal
Owner 8
10Tenant 107 Dec 202412 mo
Owner 8
8Owner 811 Oct 20242.1 yrs
Current owner
9Tenant 926 Aug 202312 mo
Renewal
Owner 7
9Tenant 926 Aug 202212 mo
Owner 7
8Tenant 827 Jun 202234 d
Ended early
Owner 7
7Owner 721 Feb 20222.6 yrs
Sold with tenant in place
Mortgage
7Tenant 721 May 202112 mo
Owner 6
6Owner 621 Apr 202110 mo
Mortgage
6Tenant 61 Mar 202012 mo
Owner 5
5Tenant 510 Oct 201817 mo
Owner 5
4Tenant 417 Jan 201721 mo
Owner 5
3Tenant 314 Dec 201513 mo
Renewal
Owner 5
3Tenant 314 Dec 201412 mo
Owner 5
2Tenant 225 Nov 201312 mo
Owner 5
5Owner 529 Jan 20138.2 yrs
Sold with tenant in place
1Tenant 11 May 201212 mo
Owner 4
4Owner 45 Mar 201211 mo
3Owner 324 Nov 20092.3 yrs
Mortgage
2Owner 21 Nov 200923 d
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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1 Bed · Floor 35 · Lake Terrace
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Lake Terrace

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
61 - 1,669 sqft
5791.01M1,511↓7.6%83K8.2%
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
Warehouse
61 - 135 sqft
6-----
Sales - Project-Wide1,309 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
28 Oct 2026StudioLake Terrace · Floor 10517750,0001,451+158.6%Entry LevelStandard Sale
28 Oct 2026StudioLake Terrace · Floor 16496700,0001,411+33.3%Entry LevelStandard Sale
27 Oct 20262 BedLake Terrace · Floor 381,2371,700,0001,375+6.6%StandardStandard Sale
Rentals - Project-Wide4,599 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
10 Dec 2026—Lake Terrace · Floor CL47692,000193-StandardCERTIFICATE
10 Nov 20261 BedLake Terrace · Floor 2973988,000119-PremiumCERTIFICATE
6 Nov 2026StudioLake Terrace · Floor 551667,000130-StandardCONTRACT

Comparables

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

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

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 1,511 per sqft, or about AED 1,006,711 for a typical unit, based on 1,309 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.

Who is the developer of Lake Terrace?

Lake Terrace is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Lake Terrace?

Lake Terrace yields 8.2% gross, calculated from current PIX© rent against current PIX© sale price, across 4,599 registered Ejari contracts.

How many units are in Lake Terrace?

Lake Terrace holds 579 registered units, per the Dubai Land Department unit register.

Have prices in Lake Terrace gone up or down?

Price per sqft has fallen -7.6% over the last 12 months, to AED 1,511, across 1,309 registered sales.