Lake Terrace property prices & sales
Lake Terrace at a glance written from registered records
Lake Terrace recorded 27 registered sales in the last 12 months, worth AED 33.13M in total. The median price was AED 1,627 per sq ft, up 9.3% on the previous 12 months, and the median sale price was AED 1.12M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 392 rental contracts registered in the same period, the median annual rent was AED 70,252, an indicative gross yield of 6.2%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 20 | 1,604 | AED 1.06M |
| 2025 | 49 | 1,530 | AED 1.17M |
| 2024 | 59 | 1,499 | AED 850,000 |
| 2023 | 42 | 1,253 | AED 848,250 |
| 2022 | 42 | 1,093 | AED 735,000 |
| 2021 | 30 | 948 | AED 587,500 |
| 2020 | 18 | 836 | AED 675,000 |
| 2019 | 23 | 1,082 | AED 662,500 |
| 2018 | 34 | 1,341 | AED 800,000 |
| 2017 | 41 | 1,476 | AED 880,000 |
| 2016 | 65 | 1,340 | AED 760,000 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 1 B/R | 33 | AED 1.07M | AED 1.16M | AED 1.23M | 1,565 | 739 sq ft |
| Studio | 27 | AED 772,500 | AED 835,000 | AED 880,000 | 1,651 | 497 sq ft |
| 2 B/R | 12 | AED 1.64M | AED 1.66M | AED 1.81M | 1,310 | 1,241 sq ft |
| 3 B/R | 6 | AED 1.81M | AED 1.91M | AED 2.20M | 1,255 | 1,503 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-09 | Unit | 1 B/R | Lake Terrace | 718 | AED 1,000,000 | 1,392 |
| 2026-09-03 | Unit | Studio | Lake Terrace | 496 | AED 800,000 | 1,613 |
| 2026-08-17 | Unit | Shop | Lake Terrace | 456 | AED 1,350,000 | 2,963 |
| 2026-07-21 | Unit | 2 B/R | Lake Terrace | 1,288 | AED 2,050,000 | 1,591 |
| 2026-07-06 | Unit | 1 B/R | Lake Terrace | 753 | AED 1,090,000 | 1,448 |
| 2026-07-02 | Unit | Studio | Lake Terrace | 497 | AED 870,000 | 1,751 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Lake Terrace
What is the average price per sq ft in Lake Terrace?
Over the last 12 months the median registered sale price in Lake Terrace was AED 1,627 per sq ft (+9.3% year on year).
What is the rental yield in Lake Terrace?
Comparing the median annual rent (AED 70,252) with the median sale price (AED 1,125,000) over the last 12 months gives an indicative gross yield of 6.2%.
How many properties sold in Lake Terrace in the last 12 months?
27 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Lake Terrace?
The median annual rent across 392 contracts registered in the last 12 months was AED 70,252.
Comparables in DMCC Master Community 12m
Lake Terrace ranks #32 of 65 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Hilton Residences Dubai Jumeirah Lakes Towers | 65 | 3,102 |
| Jumeirah Business Centre1 | 57 | 2,643 |
| Mercer House | 57 | 2,623 |
| Saba 4 | 55 | 2,535 |
| Diamondz By Danube | 134 | 2,446 |
| MBL Signature | 123 | 2,283 |
| Uh East By Ellington | 62 | 1,931 |
| Uh West By Ellington | 58 | 1,931 |
| Ag Tower | 60 | 1,683 |
| Lake Terrace | 27 | 1,627 |
| Dubai Star | 54 | 1,465 |
| Armada Towers | 61 | 1,279 |
| Seven City Jlt | 112 | 1,258 |
Project record
| Developer | Damac Properties Co (L.L.C) |
| Status | Finished |
| Completion | 100% |
| Handover | 2008-05-13 |
| Units | 573 |
Branded PDF in seconds
Send clients a designer market report for Lake Terrace with your own logo, colours and photo.
Try it freeAlso works inside Claude — connect GetYaData.
Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
