Lake Apartments

P1 — Delivered Ready Secondary
Developer Union Properties
Community Green Community East
Property type Apartment
Data updated Nov 03, 2025

Lake Apartments is a Delivered development by Union Properties in Green Community East. 52 units across 2 Bedroom (46%), 1 Bedroom (31%), Studio (23%). Over the trailing 12 months, 116 sales at a median of AED 1,335,000.

Key Metrics
Median Price
Value
AED 1,335,000
Change
73.4% YoY
Transactions
Value
116
Change
13 in period
Price / sqft
Value
AED 868
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,335,000
↑ 73.4% YoY
Transactions
116
↑ 13 in period
Price / sqft
AED 868
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
1.8%
Holding Period
Value
6.1 yrs
Liquidity
Value
25.0%
Price Dispersion
Value
7.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
40.4%
Capital Return
1.8%
Holding Period
6.1 yrs
Liquidity
25.0%
Price Dispersion
7.3%
Ready Market Mix
0.0%
Rental Activity
40.4%

Rental Performance

Rental Volume
Value
348
Avg Annual Rent
Value
AED 77,575
New Leases
Value
59.2%
Renewals
Value
40.8%
Rental Volume
348
Avg Annual Rent
AED 77,575
New Leases
59.2%
Renewals
40.8%

Unit Mix

By bedroom type
Studio 12 units · 23%
1 Bedroom 16 units · 31%
2 Bedroom 24 units · 46%

Transaction Breakdown

All time — 116 transactions
Ready Primary
52
Ready Secondary
64

Price History

Median Price — Lake Apartments

Median prices in Lake Apartments have risen sharply, up 48% from AED 568K to AED 840K over the past 5 months.

Recent Transactions

Showing last 10 of 116
Date Type Price (AED) Size (sqft) AED/sqft
Nov 03, 2025 RP Secondary 840,000 968 867
Aug 20, 2025 RP Secondary 980,000 968 1,012
Aug 05, 2025 RP Secondary 1,500,000 1,679 893
Jul 28, 2025 RP Secondary 1,510,000 1,598 944
Jul 23, 2025 RP Secondary 1,400,000 1,696 825
Jul 17, 2025 RP Secondary 1,450,000 1,593 909
Jul 14, 2025 RP Secondary 1,335,000 1,636 815
Jul 01, 2025 RP Secondary 760,000 978 776
May 21, 2025 RP Secondary 1,525,000 2,945 517
May 02, 2025 RP Secondary 830,000 936 886

This project is in Green Community East

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