The Lakes home sales: Q1 2024
January to March 2024
Number 76 of 93 Dubai communities by sales in Q1 2024. See all of Dubai.
16 homes sold in The Lakes for AED 97.8m in Q1 2024. That is 14% more than the quarter before and 11% fewer than Q1 2023. 0% were off-plan.
“Look first at the communities and towers with the most sales. Busy places give you a fair price to work from, and an easier sale later.”
Sales in each of the last 4 quarters
The Lakes. The yellow bar is Q1 2024.
Before 24 September 2026 our record holds about 84% of sales. From that date it holds every sale the source shows.
New in the sales record
1 towers and projects had their first recorded sale in Q1 2024. For an off-plan project this is close to the sales launch. It is not the date of the press launch.
| Tower or project | First sale | Sales in the quarter | Value | AED per sq ft | Type |
|---|---|---|---|---|---|
| Forat | 18 Mar 2024 | 2 | AED 12.8m | 1,847 | Ready |
By tower
7 towers and projects had a sale.
| # | Tower or project | Sales | Change | Value | AED per sq ft | Type |
|---|---|---|---|---|---|---|
| 1 | Zulal 1 | 6 | was 3 | AED 29.7m | 1,589 | Ready |
| 2 | Maeen 5 | 3 | was 1 | AED 23.5m | 1,357 | Ready |
| 3 | Forat | 2 | new | AED 12.8m | 1,847 | Ready |
| 4 | Zulal 3 | 2 | -67% | AED 10.8m | 1,647 | Ready |
| 5 | Deema 4 | 1 | was 1 | AED 7.4m | 913 | Ready |
| 6 | Deema 3 | 1 | new | AED 7.0m | 1,286 | Ready |
| 7 | Ghadeer | 1 | was 1 | AED 6.5m | 1,208 | Ready |
Largest sales
The 10 highest prices in Q1 2024.
| Tower or project | Home | Price | AED per sq ft | Date | Type |
|---|---|---|---|---|---|
| Maeen 5 | Villa, 5 bed | AED 9.4m | 1,809 | 15 Feb | Ready |
| Maeen 5 | Villa, 5 bed | AED 7.8m | 1,357 | 12 Jan | Ready |
| Deema 4 | Villa, 4 bed | AED 7.4m | 913 | 29 Feb | Ready |
| Deema 3 | Villa, 3 bed | AED 7.0m | 1,286 | 22 Feb | Ready |
| Ghadeer | Villa, 3 bed | AED 6.5m | 1,208 | 15 Feb | Ready |
| Zulal 3 | Villa, 3 bed | AED 6.5m | 1,517 | 14 Mar | Ready |
| Forat | Villa, 3 bed | AED 6.5m | 1,455 | 20 Mar | Ready |
| Maeen 5 | Villa, 3 bed | AED 6.3m | 1,114 | 13 Feb | Ready |
| Forat | Villa, 3 bed | AED 6.3m | 2,240 | 18 Mar | Ready |
| Zulal 1 | Villa, 3 bed | AED 5.8m | 1,483 | 23 Feb | Ready |
How these figures are made
Source: our record of unit sales registered in Dubai, read to 13 October 2026. A sale is counted on its registered date.
Left out: land, whole buildings and bulk transactions. AED per sq ft is the median of the sales with a size.
Before 24 September 2026 our record holds about 84% of sales, so a figure before that date reads low and a change across that date reads high.