Lake Terrace Tower

P1 — Delivered Ready Secondary
Developer Damac Properties
Community Jumeirah Lake Towers
Property type Apartment
Data updated Mar 06, 2026

Lake Terrace Tower is a Delivered development by Damac Properties in Jumeirah Lake Towers. 544 units across Studio (47%), 1 Bedroom (40%), 2 Bedroom (8%). Over the trailing 12 months, 1,267 sales at a median of AED 1,200,000.

Key Metrics
Median Price
Value
AED 1,200,000
Change
14.3% YoY
Transactions
Value
1,267
Change
36 in period
Price / sqft
Value
AED 1,583
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,200,000
↑ 14.3% YoY
Transactions
1,267
↑ 36 in period
Price / sqft
AED 1,583
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
9.0%
Holding Period
Value
5.3 yrs
Liquidity
Value
6.6%
Price Dispersion
Value
14.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
59.9%
Capital Return
9.0%
Holding Period
5.3 yrs
Liquidity
6.6%
Price Dispersion
14.0%
Ready Market Mix
0.0%
Rental Activity
59.9%

Rental Performance

Rental Volume
Value
4,103
Avg Annual Rent
Value
AED 65,197
New Leases
Value
64.7%
Renewals
Value
35.3%
Rental Volume
4,103
Avg Annual Rent
AED 65,197
New Leases
64.7%
Renewals
35.3%

Unit Mix

By bedroom type
Studio 258 units · 47%
1 Bedroom 216 units · 40%
2 Bedroom 44 units · 8%
3 Bedroom 26 units · 5%

Transaction Breakdown

All time — 1267 transactions
Ready Primary
544
Ready Secondary
723

Price History

Median Price — Lake Terrace Tower

Median prices in Lake Terrace Tower have softened, declining 3% to AED 1.1M over the past 12 months.

Recent Transactions

Showing last 10 of 1267
Date Type Price (AED) Size (sqft) AED/sqft
Mar 06, 2026 RP Secondary 1,125,000 718 1,565
Feb 06, 2026 RP Secondary 1,100,000 752 1,460
Jan 29, 2026 RP Secondary 920,000 527 1,744
Jan 14, 2026 RP Secondary 1,240,000 752 1,646
Dec 24, 2025 RP Secondary 1,290,000 718 1,795
Dec 17, 2025 RP Secondary 850,000 495 1,714
Dec 16, 2025 RP Secondary 1,950,000 1,241 1,570
Dec 05, 2025 RP Secondary 1,950,000 1,665 1,170
Nov 18, 2025 RP Secondary 2,920,000 1,528 1,909
Nov 05, 2025 RP Secondary 1,200,000 718 1,669

This project is in Jumeirah Lake Towers

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Jumeirah Lake Towers analysis →

Similar Projects

By location, price, and property type
Vue Du Lac
Jumeirah Lake Towers
Median AED 609,490
Txns 325
Goldcrest Executive Tower
Jumeirah Lake Towers
Median AED 585,000
Txns 834
Al Saqran Tower
Jumeirah Lake Towers
Median AED 568,865
Txns 417
Lake View Tower
Jumeirah Lake Towers
Median AED 650,000
Txns 1164
Frond/Jhfta
Jumeirah Lake Towers
Median AED 650,250
Txns 32