A resale studio in Lake Terrace sells for about AED 850,000

Street view of Lake Terrace

The street outside, live from Google, about 24 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

Lake Terrace 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.

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 26 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.

Sold prices: Land Department sale records to 26 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.

Sales we leave out of every median, count and chart (1 of 248 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 (1); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.

Too few resale sales to state a yearly change

Median AED 1,628 per sq ft in the 12 months to 26 Oct 2026 (24 resale sales). A like-for-like yearly change needs at least 10 sales of the same bed size in each of the two 12-month periods.

What owners made: +16.1% a year, 4% sold at a loss

28 owners bought a home in Lake Terrace and sold it again as a completed home 6 months or more later. Half of them held it for 2.0 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

Round trips: the same unit number sold twice, bulk transfers and same-price transfers out, 5 or more owners for each line. Only owners who sold are counted: an owner who waits for a better price is not here. An owner who bought off-plan paid in stages, so the gain on the cash paid in is higher than the gain on the price. Dubai figures: 55,901 round trips by the same rule, all areas, to 23 Oct 2026.

Every sale since 2020: 248 sales of 207 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

6 homes for sale: asking prices and days listed

6 homes are for sale in Lake Terrace. The median advert has been listed for 1 days; the oldest for 4 days.

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

Mortgage: what Lake Terrace costs a month

The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.

The official record: 1,324 registered sales since 2008

Dubai Land Department register for "LAKE TERRACE", 25 Nov 2008 to 12 Feb 2026: 1,264 apartment, 56 shop, 3 store, 1 other sales, plus 247 mortgages and 57 gifts. This source has every year and every unit type, but no unit numbers.

Median AED per sq ft is shown for 3 or more sales in a year. 0 of these sales were off-plan and 1,324 were of completed units. What our unit list above does not have: the 56 office and shop sales (the unit list holds homes only); sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 234 sales and our unit list has 232.

Which side faces what

The direction of each landmark from Lake Terrace, 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.

The building: 0 of 0 questions answered

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

Around Lake Terrace

Method, sources and what we did not find

Other towers in JLT Cluster D

Lake Terrace is in JLT Cluster D, Jumeirah Lake Towers. Sold prices and sales for the other towers with a page:

• Indigo Tower prices and sales
• Lake City Tower prices and sales