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The Lakes home sales: Q2 2024

April to June 2024

Number 75 of 96 Dubai communities by sales in Q2 2024. See all of Dubai.

19 homes sold in The Lakes for AED 128m in Q2 2024. That is 19% more than the quarter before and level with Q2 2023. 0% were off-plan.

James Paul Booth
The agent's view
“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.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
← Q1 2024Q3 2024 →All quarters
Homes sold19+19% on the quarter before0% on Q2 2023
ValueAED 128m+31% on the quarter before+51% on Q2 2023
AED per sq ft (median)1,499+2% on the quarter before+10% on Q2 2023
Off-plan share0%+0 points on the quarter before+0 points on Q2 2023
By towerLargest sales

Sales in each of the last 5 quarters

The Lakes. The yellow bar is Q2 2024.

Before 24 September 2026 our record holds about 84% of sales. From that date it holds every sale the source shows.

By tower

8 towers and projects had a sale.

#Tower or projectSalesChangeValueAED per sq ftType
1Deema 34was 1AED 34.1m1,494Ready
2Deema 14newAED 32.0m1,475Ready
3Zulal 14-33%AED 19.5m1,581Ready
4Ghadeer3was 1AED 14.6m1,266Ready
5Maeen 51was 3AED 7.8m1,380Ready
6Deema 41was 1AED 7.5m1,526Ready
7Forat1was 2AED 6.5m2,313Ready
8Zulal 31was 2AED 6.2m2,314Ready

Largest sales

The 10 highest prices in Q2 2024.

Tower or projectHomePriceAED per sq ftDateType
Deema 3Villa, 4 bedAED 12.5m2,3652 AprReady
Deema 1Villa, 4 bedAED 9.8m1,7353 JunReady
Deema 1Villa, 4 bedAED 8.5m1,48623 AprReady
Deema 3Villa, 4 bedAED 7.9m1,41822 MayReady
Maeen 5Villa, 3 bedAED 7.8m1,3806 MayReady
Deema 4Villa, 4 bedAED 7.5m1,52625 AprReady
Deema 3Villa, 3 bedAED 7.2m1,57029 MayReady
Deema 1Villa, 4 bedAED 6.8m1,46315 AprReady
Deema 1Villa, 4 bedAED 6.8m1,4635 AprReady
Deema 3Villa, 3 bedAED 6.5m1,21030 MayReady

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.