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The Lakes home sales: Q3 2024

July to September 2024

Number 79 of 99 Dubai communities by sales in Q3 2024. See all of Dubai.

16 homes sold in The Lakes for AED 109m in Q3 2024. That is 16% fewer than the quarter before and level with Q3 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
← Q2 2024Q4 2024 →All quarters
Homes sold16-16% on the quarter before0% on Q3 2023
ValueAED 109m-15% on the quarter before+24% on Q3 2023
AED per sq ft (median)1,449-3% on the quarter before+12% on Q3 2023
Off-plan share0%+0 points on the quarter before+0 points on Q3 2023
New projectsBy towerLargest sales

Sales in each of the last 6 quarters

The Lakes. The yellow bar is Q3 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

2 towers and projects had their first recorded sale in Q3 2024. For an off-plan project this is close to the sales launch. It is not the date of the press launch.

Tower or projectFirst saleSales in the quarterValueAED per sq ftType
Maeen 15 Jul 20242AED 23.5m1,746Ready
Maeen 46 Aug 20242AED 11.2m1,405Ready

By tower

9 towers and projects had a sale.

#Tower or projectSalesChangeValueAED per sq ftType
1Deema 33was 4AED 22.0m1,470Ready
2Zulal 13was 4AED 15.4m1,684Ready
3Maeen 12newAED 23.5m1,746Ready
4Maeen 42newAED 11.2m1,405Ready
5Ghadeer2was 3AED 10.5m1,020Ready
6Maeen 51was 1AED 8.0m1,427Ready
7Deema 11was 4AED 7.8m1,643Ready
8Zulal 31was 1AED 5.8m1,541Ready
9Forat1was 1AED 5.2m1,423Ready

Largest sales

The 10 highest prices in Q3 2024.

Tower or projectHomePriceAED per sq ftDateType
Maeen 1Villa, 5 bedAED 13.5m2,29717 JulReady
Maeen 1Villa, 4 bedAED 10.0m1,1955 JulReady
Maeen 5Villa, 3 bedAED 8.0m1,4279 JulReady
Deema 1Villa, 4 bedAED 7.8m1,64318 SepReady
Deema 3Villa, 4 bedAED 7.8m1,47014 AugReady
Deema 3Villa, 3 bedAED 7.2m1,52719 AugReady
Deema 3Villa, 3 bedAED 7.1m1,36913 AugReady
GhadeerVilla, 3 bedAED 6.0m1,17720 SepReady
Zulal 3Villa, 3 bedAED 5.8m1,54130 AugReady
Maeen 4Villa, 3 bedAED 5.7m1,4086 AugReady

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.