Lake ApartmentsCompleted 2013too few sales for a price per sq ft
Sales alert
Home › Dubai Investment Park (DIP) › Residential towers › Dubai Investment Park 1 (DIP 1) › Lake Apartments
Cream three-storey block with arched balconies and lawn
Cream three-storey block with arched balconies and lawn. Photo: propsearch.ae
Residential tower built by Properties Investment LLC, handed over in 2013, with 4 floors, 52 units and 33 resales since 2020

Lake Apartments, Dubai Investment Park (DIP) · by Properties Investment LLC

Too few recent sales in Lake Apartments to give a price

3 market sales in the 12 months to 20 Oct 2026; 33 sales on record since 2020. A median needs at least 5.

The market says
Owners who sold gained 11.6% a year and 0% sold at a loss.
James Paul Booth
The agent's view
“Owners who sold in Lake Apartments made 11.6% a year, and none of the 5 on record sold at a loss. For me that is a strong record for Dubai Investment Park (DIP). Pay for the right view and layout.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Renting, or buying to let? Signed rents across the area: rent prices on RENT DUBAI →
Size
4 floors · 52 units
Google rating
4.1 (20 ratings)
28 units with a sale on record since 2020.
0sales in the last 30 days: 0 resale, 0 off-plan
0for sale now
Under 1 monthTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 20 Oct 2026. Built 22 Oct 2026.

Pictures of Lake Apartments

Cream three-storey block with arched balconies and lawn
Cream three-storey block with arched balconies and lawn
Photo: propsearch.ae
Cream apartment block with gabled centre, seen across gardens
Cream apartment block with gabled centre, seen across gardens
Photo: dubricks.com
Complex entrance with clock tower, palms and pink wall
Complex entrance with clock tower, palms and pink wall
Photo: dubricks.com

3 pictures of this building: photos. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.

Other towers in Dubai Investment Park 1 (DIP 1)

Lake Apartments is in Dubai Investment Park 1 (DIP 1), Dubai Investment Park. Sold prices and sales for the other towers with a page:

From the developer: Properties Investment LLC

What Properties Investment LLC publishes about Lake Apartments. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Video

Video: Knight Frank MENA on YouTube. Not from the developer.

Checked, not found: artist's impressions, floor plans, facts we could check. We searched the developer site and the web on 13 Oct 2026. Ask Properties Investment LLC for the latest brochure and floor plans.

Street view of Lake Apartments

The street outside, live from Google, about 50 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

Lake Apartments on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 20 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldRent a year
Studiounder 5 (2)– (0)
1-bedunder 5 (1)– (1)

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (1 of 33 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (1). They stay in the list below with a label.

Too few resale sales to state a yearly change

3 resale sales in the last 12 months and 15 in the 12 months before. Each period needs at least 5.

2022-Q4: AED 630 per sq ft, 2 sales63022 Q423 Q12023-Q2: AED 787 per sq ft, 1 sale78723 Q22023-Q3: AED 641 per sq ft, 1 sale64123 Q32023-Q4: AED 732 per sq ft, 1 sale73223 Q42024-Q1: AED 744 per sq ft, 1 sale74424 Q124 Q22024-Q3: AED 1,058 per sq ft, 1 sale1,05824 Q32024-Q4: AED 818 per sq ft, 4 sales81824 Q42025-Q1: AED 886 per sq ft, 2 sales88625 Q12025-Q2: AED 859 per sq ft, 4 sales85925 Q22025-Q3: AED 893 per sq ft, 7 sales89325 Q32025-Q4: AED 868 per sq ft, 1 sale86825 Q426 Q12026-Q2: AED 1,137 per sq ft, 1 sale1,13726 Q22026-Q3: AED 932 per sq ft, 1 sale93226 Q32 sales20 sales01 sales11 sales11 sales11 sales10 sales01 sales14 sales42 sales24 sales47 sales71 sales10 sales01 sales11 sales1Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.

Every sale since 2020: 33 sales of 28 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before. 2 land or whole-building sales in the records for this address are not shown: they are not a home.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
5105Studio504AED 470,0009323 Jul 2026Resale
5112Studio457AED 520,0001,13724 Jun 2026Resale
53101-bed968AED 840,0008683 Nov 2025Resale+10% from AED 761,500 in 2023
53081-bed968AED 980,0001,01220 Aug 2025Resale
52132-bed1,679AED 1,500,0008935 Aug 2025Resale
53152-bed1,598AED 1,510,00094528 Jul 2025Resale
52142-bed1,697AED 1,400,00082523 Jul 2025Resale
52012-bed1,594AED 1,450,00091017 Jul 2025Resale+67% from AED 870,000 in 2020
51202-bed1,637AED 1,335,00081614 Jul 2025Resale
52061-bed978AED 760,0007771 Jul 2025Resale
51032-bed2,946AED 1,525,00051821 May 2025Resale size does not fit the recorded type
53121-bed937AED 830,0008862 May 2025Resale+63% from AED 510,000 in 2022
53022-bed1,638AED 1,507,8009201 May 2025Resale
52121-bed881AED 730,00082924 Apr 2025Resale
5114Studio487AED 405,00083216 Apr 2025Resale+37% from AED 295,000 in 2022
5116Studio501AED 480,00095920 Mar 2025Resale
53012-bed1,598AED 1,300,00081331 Jan 2025Resale
53042-bed1,690AED 1,300,00076928 Nov 2024Resale+30% from AED 1.00m in 2022
52101-bed961AED 770,0008016 Nov 2024Resale
5109Studio457AED 400,0008757 Oct 2024Resale
52111-bed978AED 817,0008353 Oct 2024Resale
5107Studio487AED 515,0001,05823 Aug 2024Resale
52042-bed1,679AED 1,250,0007443 Jan 2024Resale
53032-bed1,708AED 1,250,00073227 Dec 2023Resale
51022-bed1,639AED 1,050,00064125 Aug 2023Resale
53101-bed968AED 761,50078721 Jun 2023Resale
53042-bed1,690AED 1,000,00059228 Dec 2022Resale
5113Studio487AED 325,00066828 Nov 2022Resale
53121-bed937AED 510,00054528 Apr 2022Resale
5114Studio487AED 295,00060625 Apr 2022Resale
5110Studio554AED 360,00065010 Feb 2022Resale
51042-bed1,690AED 900,00053331 Jan 2021Resale
52012-bed1,594AED 870,00054619 Nov 2020Resale

The official record

Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.

Get a message when something changes in Lake Apartments
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from Lake Apartments, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthLake Apartments A, a tower 0 m away · Lake Apartments B, a tower 0 m away · Lake Apartments E, a tower 0 m away · Dubai Marina skyline 8.7 km · Burj Al Arab and the sea 15.4 km · Jumeirah beach and the sea 23.7 km
North-eastMeydan racecourse 21.9 km · Sheikh Zayed Road 23.2 km · Burj Khalifa 24.3 km · Dubai Design District 24.6 km · DIFC 26.0 km · Dubai Creek and Ras Al Khor 27.1 km
SouthLake Apartments C, a tower 53 m away · Lake Apartments D, a tower 53 m away

What residents say: 4.1 from 20 Google ratings

We read the 16 newest Google reviews that have text (of 20 fetched; the tower has 20 ratings), dated 2017-12 to 2026-07. A review is one resident's statement. We show counts, not quotes.

Poor maintenance and repairsResidents say the building is not properly maintained, repairs are lacking and the management company and customer service are ineffective. Includes one report of unrepaired AC after the floods and one of walkway potholes.
4 of 16 reviews · 2024-06 to 2026-07
Management and serviceSlow or ineffective management and customer service, standard email replies, fees called exorbitant.
3 of 16 reviews · 2024-06 to 2025-11
Air conditioning faultsAC not working or not repaired; none reported since 2024-11.
2 of 16 reviews · 2024-06 to 2024-11

On the plus side

The building: 25 of 53 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Developer
Properties Investment LLC
Completed
2013
Floors
4
Apartments
52
Cooling
Emicool
Unit mix
Studio, 1, 2 and 3-bed (a guide); our sales data shows studio, 1-bed and 2-bed sales

Amenities: Gym, Swimming pool with deck, Kids' play area, Covered parking, Elevators, 24-hour security and CCTV, District cooling, Steam room, sauna and jacuzzi (one site only)

Where sources disagree

  • Dubricks says 52 units and lists a mosque, jacuzzi, steam room and sauna, which another source and Propsearch do not.

Watch-outs

Overall rating
Google rating is 4.1 from 20 ratings. 16 reviews have text, dated 2017-12 to 2026-07: 11 are 5 stars, 1 is 4 stars, 1 is 3 stars, 1 is 2 stars and 3 are 1 star (one of those 1-star reviews contains only a name). Recent reviews are mixed.
Our data · our sales data, Google Maps reviews
Hot water and water supply
Not found for hot water or supply. 1 review (2024-11) of 16 mentions dirty water coming from the pipes, which is one resident's statement.
Residents say · Google Maps reviews
Pests
1 review (2024-11) of 16 says cockroaches are everywhere. One resident's statement; no other source mentions pests.
Residents say · Google Maps reviews
Security staff
a guide says trained security personnel and 24-hour CCTV. Squareyards lists 24x7 security and CCTV. Dubricks lists security staff and CCTV. No review comments on security.
Reported by a site · squareyards.ae, live adverts: community guide, mcconeproperties.com
Small apartments
Not small by size: a guide gives studios 460-554 sq ft, 1-beds 936-967 sq ft, 2-beds 1,598-1,708 sq ft. 3 reviews of 16 (2025-04) call the apartments spacious.
Reported by a site · live adverts: community guide, Google Maps reviews, our sales data
Is cooling billed separately (district cooling)?
a guide says district cooling is provided by Emicool. Whether it is billed separately is not stated.
Reported by a site · live adverts: community guide
Maintenance and cleanliness of common areas
Mixed. 4 reviews of 16 (2024-06 to 2026-07) say the building is poorly maintained or repairs are lacking. 5 reviews (2025-04 to 2026-06) praise upkeep of the pool, gym, amenities or clean surroundings. 1 review (2026-03) reports potholes in the walkway as a trip hazard.
Residents say · Google Maps reviews

Building

Floors, apartments and completion year
4 floors (Propsearch, Dubricks), 52 units (Dubricks), delivered Q1 2013 (Datahabibi search results); our sales data shows the first sale record in 2013 as a completed home. Our unit codes reach 53, which does not fit a 4-storey building.
Reported by a site · live adverts: community guide, mcconeproperties.com, web search results, propsearch.ae, our sales data
What do residents say about the pool?
3 reviews of 16 (2025-04 to 2026-06) praise the pool: well maintained, a pool view, resort feel. No review criticises it.
Residents say · Google Maps reviews
Are the apartments an odd shape?
Not found. 3 reviews of 16 (2025-04) call them spacious, airy or full of light.
Residents say · Google Maps reviews
Can you use the balcony?
a guide says 1- and 2-bedroom units have a balcony. No review comments on balcony use.
Reported by a site · live adverts: community guide
Did it flood?
Not found as a flood of the building. 1 review (2024-06) of 16 says air conditioning problems began after the floods; it does not say the building flooded.
Residents say · Google Maps reviews
Air conditioning complaints
2 reviews of 16 (2024-06 and 2024-11) say AC does not work or has not been repaired. Both are older than 18 months; no recent review raises it.
Residents say · Google Maps reviews
What do residents say on the plus side?
Of 16 reviews, 8 mention greenery or the lake, 6 mention spacious apartments, 4 mention unlimited or ample parking, 3 praise the pool, 3 praise the gym or amenities, and 3 mention friendly neighbours or landlords. Dates 2017-12 to 2026-06.
Residents say · Google Maps reviews
Amenities list
Gym, swimming pool with deck, kids' play area, covered parking, elevators, 24-hour security and CCTV, district cooling. Dubricks also lists jacuzzi, steam room, sauna, mosque and supermarket, which no other source confirms.
Reported by a site · live adverts: community guide, mcconeproperties.com, squareyards.ae

Developer

Who is the developer?
Properties Investment LLC, per a guide, Dubricks and a Datahabibi search results.
Reported by a site · live adverts: community guide, mcconeproperties.com, web search results
After-sales and repairs
Repairs are criticised by 3 reviews of 16 (2024-06 to 2026-07), which say repairs are lacking or complaints were not acted on. These concern the management company, not the developer.
Residents say · Google Maps reviews

Management

Who runs the building?
Not named as a company. 2 reviews (2024-06 and 2025-11) criticise the management company, and 1 (2024-06) names 'PID' as the company that does not communicate. Do not treat PID as confirmed.
Residents say · Google Maps reviews
How do you reach them?
1 review (2024-06) says residents contact management by email and get standard replies.
Residents say · Google Maps reviews
How fast do they act?
Reviews are negative: 3 of 16 (2024-06 to 2026-07) say management is slow or ineffective, with unrepaired issues. 1 review (2025-05) calls landlords friendly and helpful. 1 review (2025-04) says free kids' events have been organised since last year.
Residents say · Google Maps reviews

People

Who are my neighbours?
3 reviews of 16 (2025-04 to 2025-05) describe friendly neighbours, families and pet lovers. Our data shows 3 homes for rent now. No other data on who lives here.
Residents say · Google Maps reviews, our sales data

Parking

Resident parking
a guide says covered parking. 3 reviews of 16 (2025-04) mention spacious basement parking and unlimited parking outside the building.
Residents say · live adverts: community guide, Google Maps reviews
Guest parking
2 reviews of 16 (both 2025-04) say there is plenty of guest parking outside the building.
Residents say · Google Maps reviews

Around

Entertainment within a 15-minute walk
Two or three reviews (2025-04) mention a walkable East Park, amphitheater, lake and Market Mall. Hotels 0.27-0.8 km away (Courtyard by Marriott, Premier Inn, Millennium Lakeview) with restaurants and bars per Propsearch and Squareyards. 1 review (2025-04) says 13 pools, a basketball court and a tennis court are accessible in the community.
Residents say · Google Maps reviews, squareyards.ae
Metro and public transport
Dubai Investment Park Metro Station 2 is 0.56 km away per Squareyards. a guide says the nearest bus stop is about a 5-minute walk. 1 review (2025-04) says the building is close to the metro.
Reported by a site · squareyards.ae, live adverts: community guide, Google Maps reviews

Around Lake Apartments

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Lake Apartments (this tower)–– (3)
Lake Apartments A0 m– (0)
Green Community East156 m1,238 (26)
Terrace Apartment 2260 m– (2)
Lakeview Apartments266 m– (2)
Terrace Apartments277 m– (4)
Garden East Apartments F447 m– (2)

Drive times with no traffic

ToTimeDistance
Dubai Mall32 min33.0 km
DIFC Gate31 min33.8 km
DXB Terminal 350 min48.7 km
Dubai Marina Mall25 min22.5 km
Mall of the Emirates23 min22.4 km
Kite Beach29 min28.3 km
DWC airport35 min22.6 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 19 Nov 2020 to 20 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (live adverts: community guide, mcconeproperties.com, propsearch.ae, squareyards.ae), read by an AI model on 22 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 22 Oct 2026 first build of this page. No correction yet.

DaliaAIAsk DaliaAI analyst

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.