Project
Lake Terrace
Lake Terrace is a 40-storey residential building in JLT Cluster D, Jumeirah Lakes Towers, Al Thanyah Fifth, Dubai. A completed project of apartments and shops in Jumeirah Lakes Towers, priced in line with the Jumeirah Lakes Towers median.
Small sample (19 sales): medians may move significantly with new data.

01 / Transactions
All Lake Terrace transactions
02 / About
About Lake Terrace
Lake Terrace is a 40-storey residential building in JLT Cluster D, Jumeirah Lakes Towers, Al Thanyah Fifth, Dubai.
Lake Terrace at a glance
- Area
- JLT Cluster D
- Developer
- Damac Properties
- Height
- 187 metres (614 feet)
- Storeys
- 40 storeys
Homes, design and facilities
The massing of the building is broken by the central green glazed feature which is revealed at every eighth floor as a duplex, terraced penthouse suite, thus creating a rhythm along the vertical axis.
The podium at ground level houses retail and food outlets, whilst the first floor is reserved for recreational facilities including an infinity edge swimming pool.
Getting around
- Dubai Mall
- 19 min
- Palm Jumeirah
- 11 min
- Burj Al Arab
- 16 min
- The Walk JBR
- 14 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in May 2006. The project was completed in May 2008.
- Construction Started
- May 2006
- Construction Finished
- May 2008
Nearby neighbourhoods
- Dubai Marina1.0 km
- Jumeirah Beach Residence1.1 km
- The Meadows1.2 km
- Jumeirah Islands1.7 km
Lake Terrace recorded 19 market sales from 14 Jan 2026 – 9 Sept 2026, at a median price of AED 1,030,000 (AED 1,613/sqft). Lake Terrace's median price per sqft (AED 1,613/sqft) is 1% below the Jumeirah Lakes Towers median (AED 1,625/sqft).
03 / Prices
Lake Terrace prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
Studio | 10 | 837.5K AED | 1,666 | |
1 bedroom | 6 | 1.13M AED | 1,566 | |
2 bedrooms | 1 | 2.05M AED | 1,591 | |
3 bedrooms | 1 | 1.8M AED | 1,218 |
04 / Rents
Renting in Lake Terrace
From 15 registered market rents. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 70,000
- Per sqft / yr
- AED 110/sqft
- Gross yield
- 6.9%
Market pulse / weekly
Lake Terrace price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 12 Jan 2026Total AED 1,240,000 | 1 | AED 1,240,000 | AED 1,647/sqft |
| Week of 26 Jan 2026Total AED 920,000 | 1 | AED 920,000 | AED 1,745/sqft |
| Week of 2 Mar 2026Total AED 1,125,000 | 1 | AED 1,125,000 | AED 1,565/sqft |
| Week of 6 Apr 2026Total AED 2,435,000 | 2 | AED 1,217,500 | AED 1,990/sqft |
| Week of 20 Apr 2026Total AED 1,800,000 | 1 | AED 1,800,000 | AED 1,218/sqft |
| Week of 27 Apr 2026Total AED 625,051 | 1 | AED 625,051 | AED 1,278/sqft |
| Week of 4 May 2026Total AED 1,716,845 | 2 | AED 858,423 | AED 1,729/sqft |
| Week of 11 May 2026Total AED 850,000 | 1 | AED 850,000 | AED 1,644/sqft |
| Week of 15 Jun 2026Total AED 825,000 | 1 | AED 825,000 | AED 1,596/sqft |
| Week of 22 Jun 2026Total AED 825,000 | 1 | AED 825,000 | AED 1,687/sqft |
| Week of 29 Jun 2026Total AED 3,085,000 | 3 | AED 1,090,000 | AED 1,566/sqft |
| Week of 20 Jul 2026Total AED 2,050,000 | 1 | AED 2,050,000 | AED 1,591/sqft |
| Week of 10 Aug 2026Total AED 1,350,000 | 1 | AED 1,350,000 | AED 2,963/sqft |
| Week of 31 Aug 2026Total AED 800,000 | 1 | AED 800,000 | AED 1,613/sqft |
| Week of 7 Sept 2026Total AED 1,000,000 | 1 | AED 1,000,000 | AED 1,392/sqft |
05 / Nearby
Other projects in Jumeirah Lakes Towers
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 67 | 560K AED | 1,225 | ||
| 65 | 1.27M AED | 3,103 | ||
| 60 | 2.32M AED | 2,441 | ||
| 45 | 1.56M AED | 2,229 | ||
| 42 | 1.83M AED | 1,904 | ||
| 37 | 3.28M AED | 2,793 | ||
| 36 | 1.12M AED | 1,279 | ||
| 36 | 3.67M AED | 2,707 | ||
| 35 | 1.31M AED | 1,529 | ||
10 | 31 | 3.39M AED | 2,620 |
A registered project can include several buildings or phases, so these figures cover the whole project.