- Sold from5 sales, last 90 days · DLD; cheapest: all studios
- AED 720K≈ $196K
- Buyers paid vs DLD median
- +12%
Price, payment plan and homes
Price per DLD- Sold from
- AED 720K
- 5 sales, last 90 days · DLD; cheapest: all studios
- Bedrooms
- Studio to 3 bed
- 573 units
- Payment plan
- Not published
- Handover
- Ready
DLD registered sales
- Last 90 days
- AED 750K – AED 1M
- · 5 sales, mostly studios
Homes and floor plans
573 homes · Freehold- StudioApartmentPaid AED 750K – 870KNot listed
- 1 bedApartmentPaid AED 1.11M – 1.25MNot listed
Paid: middle half of each type's resales, Dec 2025–Oct 2026 · DLD
Payment plan
Damac Properties has not stated one.
Location · Jumeirah Lakes Towers · Dubai
Cluster of towers around four lakes, across Sheikh Zayed Road from Dubai Marina.
More in Jumeirah Lakes Towers
Compare side by sideAll projects in Jumeirah Lakes Towers
The in-depth review
Why it scores 78
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026+12% above what buyers paid nearby
26 finished sales, last 12 months
Finished sales, since 1 Jan 2026, 660 registered sales in the area · middle half AED 1,237 – AED 1,634
How this is measured
Buyers paid a median of AED 1,594/sqft in this project (finished sales, last 12 months, 26 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,428/sqft for apartments in Jumeirah Lakes Towers, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of finished homes: this project's against its area's. Source: Dubai Land Department open data.
How the 78 was scored
4 of 5 factors · 80% of the weight · 10 Nov 2026How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 26 registered finished sales here, against the median of 660 finished sales in Jumeirah Lakes Towers · DLD
- Growth since launch
- Measured once the building has 10 registered sales in its launch year and 5 resales in the last 12 months
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Location and infrastructure
- Our rating of Jumeirah Lakes Towers, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 660 resales of finished apartments in Jumeirah Lakes Towers this year · DLD
Confidence medium: what buyers paid here is a median of 26 registered sales, against 660 in the area; 26 is a small sample for one project.
79 → 78 3 Oct 2026Scored since 26 Sep 2026 · 3 score changes
Not ranked: the ranking lists only projects still on sale.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 78
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 26 registered sales here: date, size and price paid
- The 4 assessed factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 26 Sep 2026 and why each move happened
See what buyers paid at Lake Terrace, and everything behind the 78.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
Lake Terrace has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
DLD registration status
- Project registration438
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 19 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
About
Lake Terrace is a completed apartment tower by Damac Properties in Jumeirah Lakes Towers, Dubai, with studios to three-bedroom apartments.
- Developer
- Damac Properties
- Status
- Ready
- Sales launch
- 20 May 2006
- Total units
- 573
- Ownership
- Freehold
Amenities
- Dining Outlets
- Gymnasium
- Health Care Centre
- Kids Play Area
- Parks and Leisure Areas
- Restaurants
- Retail Outlets
- Swimming Pool
What’s nearby
straight-line distance- Supermarket or mall40 m
- Metro or tram stop250 m
- Hospital or clinic280 m
- Beach1.2 km
- School1.6 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments7.2% in Jumeirah Lakes Towers. A median rent of AED 101 per sqft a year on 2,985 new tenancy contracts, last 6 months, against AED 1,402 per sqft paid across 333 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
Lake Terrace: questions buyers ask
How much does Lake Terrace cost?
Registered sales at Lake Terrace start from AED 720,000 (about $196K): the cheapest tenth of 5 resales (all studios), Sep–Oct 2026, per DLD.
What is the price per sqft at Lake Terrace?
Buyers paid a median of AED 1,594 per sqft at Lake Terrace (finished sales, last 12 months, 26 registered sales).
When is the Lake Terrace handover date?
Lake Terrace is built and handed over, so a home bought here is ready to occupy rather than off-plan.
Is Lake Terrace priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,594 per sqft in Lake Terrace (finished sales, last 12 months, 26 registered sales), which is 12% above the median of AED 1,428 per sqft that buyers actually paid for apartments in Jumeirah Lakes Towers, across 660 sales registered with DLD.
What is the Rendr Resale Score of Lake Terrace?
Lake Terrace scores 78 of 100 on the Rendr Resale Score, good, as of 10 Nov 2026; 4 of its 5 factors are assessed, 80% of the weight.
What rental yield do apartments in Jumeirah Lakes Towers make?
About 7.2% gross for apartments in Jumeirah Lakes Towers, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Lake Terrace?
Lake Terrace was developed by Damac Properties. It sits in Jumeirah Lakes Towers, Dubai.
Is Lake Terrace registered with DLD?
Lake Terrace is registered with the Dubai Land Department (DLD) under number 438. Check it at dubailand.gov.ae before you pay.
Changes
Listed 20 Sep 2026 · 2 changes since, last 4 Oct 2026
Construction 100% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 20 May 2006
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Listed on the site
Source: tanamiproperties.com, saved 19 Sep 2026