Lake Terrace — sale prices & transaction history
The full Land Department sale record for Lake Terrace in Jumeirah Lake Towers — what units in this building have actually changed hands for, by bedroom count.
Last verified 2026-09-01 · How we compute these numbers
- Recorded transactions
- 1,309
- Register
- Entirely secondary
- First recorded sale
- 14 April 2009
- Most recent
- 17 August 2026
Dubai Land Department transaction register, records through 21 August 2026. Recomputed on every page load.
Lake Terrace has something almost no other building in this batch has: a register that is entirely secondary. Every recorded sale here is a completed home changing hands, with no pre-handover contracts mixed in — so the figures below need no interpretation about what kind of asset they describe.
It is also weighted toward studios and one-bedroom apartments, which puts it at the accessible end of the JLT ladder and makes it one of the few towers where a small-unit buyer can check a genuine building-level rate rather than a district estimate.
Every figure is computed from the Land Department register when you load the page — recorded sale prices, not asking prices.
Lake Terrace sale prices by bedroom
Median recorded prices for Lake Terrace by bedroom count, drawn from 1,309 secondary-market sales in the Dubai Land Department register. These are the prices buyers actually paid — not asking prices, and not a district average.
| Bedrooms | Recorded sales | Median size | Median price | Median AED / sqft |
|---|---|---|---|---|
| Studio | 575 | 510 sqft | AED 436,000 | 875 |
| 1 bedroom | 505 | 746 sqft | AED 650,000 | 860 |
| 2 bedrooms | 107 | 1,242 sqft | AED 1,200,000 | 831 |
| 3 bedrooms | 62 | 1,478 sqft | AED 1,190,000 | 802 |
A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. Bedroom rows can sum to less than the building total — very large units are held out of the table for the same reason.
Most recent Lake Terrace transactions
The newest individual secondary-market sales on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.
| Date | Type | Size | Price | AED / sqft |
|---|---|---|---|---|
| 17 August 2026 | — | 456 sqft | AED 1,350,000 | 2,961 |
| 21 July 2026 | 2 bed | 1,288 sqft | AED 2,050,000 | 1,592 |
| 6 July 2026 | 1 bed | 753 sqft | AED 1,090,000 | 1,448 |
| 2 July 2026 | Studio | 497 sqft | AED 870,000 | 1,751 |
| 29 June 2026 | 1 bed | 718 sqft | AED 1,125,000 | 1,567 |
| 29 June 2026 | Studio | 489 sqft | AED 825,000 | 1,687 |
| 17 June 2026 | Studio | 517 sqft | AED 825,000 | 1,596 |
| 14 May 2026 | Studio | 517 sqft | AED 850,000 | 1,644 |
Why below-market resale shows up in Lake Terrace
- A studio and one-bedroom weighting that skews ownership toward investors, whose exits follow their own circumstances rather than the market's.
- A fully secondary register, meaning sellers here are owners of finished homes — the group most affected by service charges, refurbishment and rental performance rather than payment plans.
- Age. Stock first recorded in 2009 now reaches refurbishment cycles, and some owners discount rather than spend on a unit they are exiting.
- JLT's wide building-to-building quality spread, which means an accurately-priced unit in one tower can look expensive next to a district average pulled down by weaker stock.
Distressed listings in Lake Terrace
See all in Jumeirah Lake Towers (JLT) →No active distressed listings in Lake Terrace right now. The register above is unaffected — it is the Land Department's record for the whole building, not our inventory.
Browse everything in Jumeirah Lake Towers (JLT) →What to check before you offer on Lake Terrace
- Compare against this building, not against JLT. The district's towers vary widely in condition and service charge, and a JLT-wide average is not a comparison any offer should rest on.
- Check the studio and one-bedroom rows separately — they behave differently here, and the building's overall median sits between them rather than describing either.
- Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
- Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.
Lake Terrace — common questions
- Is the price data on this page asking prices or actual sales?
- Actual sales — the Dubai Land Department's record of completed transactions, meaning the price recorded when ownership legally changed hands.
- Are any of these off-plan sales?
- No. Lake Terrace's register is entirely secondary — every recorded transaction is a completed home changing hands. That is unusual, and it means the figures on this page need no adjustment for pre-handover contracts mixed into the sample.
- Can I tell from this data whether a unit is selling below its original price?
- No. The open Land Department export carries no unit identifier, so a later sale cannot be matched back to the original purchase of the same apartment. This page shows what units of each size have sold for.
- How current is this register?
- The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.
Keep going
- Distressed property in Jumeirah Lake Towers (JLT) — the district this building sits in, with its own Land Department price table and the communities around it.
- Other Jumeirah Lake Towers (JLT) buildings we hold registers for: Seven City JLT, Concorde Tower, Lake View Tower, Dubai Gate 1, Lakeshore Tower.