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LAKE TERRACE

Project

DAMAC PROPERTIES CO (L.L.C)

Project typeBuildings

Master developerمركز دبي للسلع المتعددة

StatusFinished

Completed100%

Start2006-05-20

Handover2008-05-13

Buildings1

Shop29

Buildings

LAKE TERRACE 1

Floors41

Apartments544

Shop29

Apartments

Studio258

1 B/R216

2 B/R44

3 B/R26

Shop

Shop29

Official sales

Sales from 2008–2026

Number of sale deals1,341

Apartment1,280

Median sale price610,000 AED

Median price per sqft870 AED

Studio585

Median sale price440,000 AED

Median price per sqft878 AED

1 B/R518

Median sale price650,000 AED

Median price per sqft862 AED

2 B/R111

Median sale price1,200,000 AED

Median price per sqft831 AED

3 B/R66

Median sale price1,200,000 AED

Median price per sqft809 AED

Shop57

Median sale price1,076,000 AED

Median price per sqft1,977 AED

Warehouse3

Median sale price1,040,000 AED

Median price per sqft2,000 AED

Whole building1

Median sale price20,000,000 AED

Median price per sqft1,126 AED

Official rent

Rent from 2010–2026

Number of rent contracts4,342

Apartment4,135

Studio1,909

Median year rent54,500 AED

1 bedroom1,740

Median year rent70,000 AED

2 bedrooms339

Median year rent90,000 AED

3 bedrooms147

Median year rent115,000 AED

Shop207