Developer: Damac Properties · JLT Cluster D

Lake Terrace

Lake Terrace is a residential project by Damac Properties in JLT Cluster D, Dubai, with indicative prices from AED 1 883 000 (estimate from DLD sales; developer price not yet published), construction 100% complete per the DLD registry, 1 277 DLD-registered sales since 2010.

Price fromAED 1 883 000Our calculationEstimate: median of DLD sales, last 12 months, 1-bedroom units (unit mix not yet published), JLT Cluster D. Developer price not yet published.
StatusReadyHandover 13.05.2008DLD registry

Units for sale in Lake Terrace

AED 845,000 · Studio

Compare with similar projects

A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 883 000 AED is 7 951 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Handover13.05.2008
  • DLD project number438

Data from the Dubai Land Department project registry (updated 05.11.2026 05:55).

Recent transactions

DateTypeSize, m²Price, AED
28.10.2026Studio48.0750 000
28.10.2026Studio46.1700 000
27.10.20262 BR114.91 700 000
09.09.20261 BR66.71 000 000
03.09.2026Studio46.1800 000
17.08.2026Shop42.31 350 000
21.07.20262 BR119.72 050 000
06.07.20261 BR70.01 090 000
02.07.2026Studio46.2870 000
29.06.2026Studio45.4825 000
29.06.20261 BR66.71 125 000
17.06.2026Studio48.0825 000
14.05.2026Studio48.0850 000
05.05.2026Studio46.2686 845
04.05.2026Studio46.11 030 000
30.04.2026Studio45.4625 051
24.04.20263 BR137.21 800 000
10.04.2026Studio48.01 175 000
07.04.20261 BR68.71 260 000
09.03.20261 BR66.81 125 000
06.02.20261 BR70.01 100 000
29.01.2026Studio49.0920 000
14.01.20261 BR70.01 240 000
24.12.20251 BR66.71 290 000
17.12.2025Studio46.1850 000
16.12.20252 BR115.41 950 000
05.12.20252 BR154.71 950 000
18.11.20253 BR142.02 920 000
05.11.20251 BR66.81 200 000
20.10.20251 BR70.01 225 000
03.10.20251 BR68.4977 868
04.09.2025Studio48.1900 000
04.09.20251 BR66.81 200 000
04.09.20251 BR68.51 260 000
01.09.20251 BR66.81 075 000
27.08.20252 BR115.21 660 000
26.08.20252 BR119.71 650 000
07.08.2025Studio48.0765 000
04.08.20252 BR115.21 760 000
30.07.20252 BR114.91 595 000
25.07.2025Studio46.1900 000
21.07.20252 BR114.91 650 000
17.07.20251 BR66.71 230 000
17.07.2025Studio48.0815 000
02.07.20252 BR115.21 450 000
30.06.2025Studio46.1835 000
24.06.20251 BR70.0980 000
19.06.20251 BR69.41 220 000
18.06.2025Studio43.9850 000
09.06.20252 BR115.21 650 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
01.11.2026Studio48.054 000
01.11.2026Studio49.053 000
01.11.20261bed room+Hall66.873 000
01.11.2026Studio43.960 000
01.11.2026Studio52.755 000
01.11.20261bed room+Hall66.880 000
01.11.20262 bed rooms+hall115.498 000
01.11.20261bed room+Hall69.990 000
31.10.20263 bed rooms+hall137.2140 000
28.10.2026Studio49.058 000
27.10.2026Studio48.167 000
23.10.20261bed room+Hall70.063 000
23.10.2026Studio48.060 000
21.10.2026Studio48.065 000
21.10.20261bed room+Hall70.080 000
21.10.20261bed room+Hall68.480 000
20.10.2026Studio48.170 000
20.10.20261bed room+Hall73.965 000
20.10.2026Studio48.054 000
20.10.2026Studio48.170 000

Dubai Land Department transaction registry, updated 04.11.2026. Explore Dubai property transactions →

Registered transactions in Lake Terrace

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

1 277deals since 2010
9 838AED per m², median
100%resale, the rest bought from the developer
+6%over the past year
7.0%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +7% over the same period, so the building matched it.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio47450 0009 574559
Shop571 076 00018 87754
1 bedroom69661 6319 589500
2 bedrooms1151 230 00010 696103
3 bedrooms1371 200 0008 75961

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +40% on the price per square metre in this building. The district moved +84% over the same period, so the building lagged the market.

14 9862014——
14 2382015——
14 4212016——
15 8852017——
14 5162018——
11 65120199017.7%
9 20020207578.2%
10 22220217167.0%
11 79220228577.3%
13 48720231 0227.6%
16 13620241 1867.4%
16 47220251 2327.5%
17 1292026*1 1826.9%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Estimate a unit in this building from DLD sales

Based on 50 registered DLD sales in Lake Terrace between 9 Jun 2025 and 28 Oct 2026: median 17 058 AED/m² (1 585 AED/sq ft); half of the deals fell between 14 909 and 18 385 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.

TypeIndicative priceDealsMedian AED/m²Median area, m²
StudioAED 837 0001918 12546.2
1 BRAED 1 198 0001717 51368.4
2 BRAED 1 655 0001114 363115.2
Get an exact valuation

Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.

PDF shortlist · updated 27 October 2026

Dubai new projects AED 1–2 million

30 projects · prices from DLD and developers

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  3. Lacina Lacina Ghaf Woods · 1–3 BR from AED 1,366,000

27 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

How much is your property in Lake Terrace worth?

DLD has recorded 1 277 sales in this building since 2010, 1 277 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Places nearby

About the project

Lake Terrace is a completed residential building by Damac Properties in JLT Cluster D, Dubai. Ready to move in, it places residents within Jumeirah Lakes Towers, with Dubai Marina and JBR among the nearby destinations.

The surrounding area offers access to JLT Park, approximately 0.8 km away, while Marina Beach is around 1.3 km away. Reel Cinemas at Dubai Marina Mall is about 0.7 km from the building, and The Walk JBR is around 1.2 km away. Marina Walk is approximately 1.8 km away, with Madame Tussauds around 2.1 km away.

Lake Terrace may suit buyers and tenants seeking a ready-to-move-in home in JLT, as well as those who value proximity to parks, the beach, dining and leisure destinations in Dubai Marina and JBR. Golf options include Emirates Golf Club, approximately 2.9 km away, and Montgomerie Golf Course, around 3.6 km away.

Ask Continental Club Property about current availability and floor plans at Lake Terrace.

Service charge, 2026

Approved rate18.76 AED▲ +8.9% per sq ft per year · 202 AED/m²
General / reserve fund18.20 / 0.56AED/sq ft
vs DMCC Master Community median▲ +14.3%median 16.42 · rank 32/37
A 1,000 sq ft unit≈ 18,760 AEDper year · ≈ $5,108

Managed by Luxury Owner Association Management Services Co. · budget 1 Jan 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “Lake Terrace”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Where is Lake Terrace located?
Lake Terrace is located in JLT Cluster D, Dubai. The project is developed by Damac Properties.
Who is the developer of Lake Terrace?
Damac Properties is the developer behind this project.
How much does an apartment in Lake Terrace cost?
Prices start from AED 1 883 000. Contact our broker via the form on this page for exact pricing and available layouts.
What is the handover date of Lake Terrace?
The expected handover date is 13.05.2008. Construction is 100% complete per the latest DLD inspection.
How can I buy an apartment in Lake Terrace?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

More projects by Damac Properties

All 202 projects by Damac Properties →

Nearby projects

Get the presentation and prices

We will send floor plans, the payment plan and available units for this project.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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How to cite:Lake Terrace — Continental Club Property, from Dubai Land Department registry and developer data, 2026-11-04, https://continentalclub.ae/project/lake-terrace-jlt-cluster-d/

Where should we send the shortlist?

The PDF downloads right after you submit. A manager gets in touch only if you ask.