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ZamanProp is a free informational platform for Dubai building data. We do not provide brokerage services, list properties for sale or rent, offer investment advice, or process payments. Market data is sourced from the Dubai Land Department under the Dubai Open Data Licence; ZamanProp is not affiliated with, or endorsed by, the Dubai Government or any of its entities.

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Historical market data sourced from the Dubai Land Department public registry.

Jumeirah Lakes Towers

LAKE TERRACE, DMCC Master Community — Service Charge, Prices & Sales Data

DMCC Master Community, Dubai

by Damac

Metro: Jumeirah Lakes TowersNear: Sports City Swimming Academy

1,280

Sales Transactions

AED 1,608

Avg Price / sqft

AED 1.21M

Avg Sale Price

+6.8%

YoY Price/sqft

Price Trend (AED/sqft)

Based on DLD registered sales · 2021–last 12 months

Service Charge

DLD Mollak 2023 ↗
General service charge
AED 19/sqft/year
Est. 1,000 sqft annual cost
AED 19,000

Source: DLD Mollak 2023

The DLD Mollak general fund total (maintenance, management, reserve fund, utilities, insurance, master community & other recurring items) — excludes cooling (shown separately above) and per-unit extras like parking or metering.

Location

20.6 km to Al Maktoum International Airport (DWC)1.2 km to Dubai Marina1.3 km to JBR Beach0.4 km to Jumeirah Lakes Towers0.7 km to Marina Mall

Nearby

14 nearby amenities found (schools, medical centres, supermarkets)

Schools

  • Al mizhar 10.4 km
  • Dubai International Academy (DIA) Emirates Hills – KG12.2 km
  • E Company2.6 km

Medical

  • American Hospital Dubai Media City Clinic4.5 km
  • Saudi German Hospital5.2 km

Supermarkets

  • West Zone Fresh Supermarket | Cluster O - Jumeirah Lake Towers ( JLT )0.4 km
  • Al Maya Supermarket - Dubai Marina0.5 km
  • Total Mini Mart0.6 km

Building Facts

Management
LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C
Pets
Allowed

Amenities

Retail OutletsSwimming PoolConciergeCovered ParkingSteam RoomKids Play AreaSaunaCCTVGym24hr SecurityRestaurants & Cafes

Sales Transactions

Based on DLD registered sales

DateTypeSizePriceAED/sqft
Sep 20261BR718 sqftAED 1.00M1,392
Sep 2026Studio496 sqftAED 800K1,613
Jul 20262BR1,288 sqftAED 2.05M1,591
Jul 20261BR753 sqftAED 1.09M1,448
Jul 2026Studio497 sqftAED 870K1,751
Jun 2026Studio489 sqftAED 825K1,687
Jun 20261BR718 sqftAED 1.13M1,566
Jun 2026Studio517 sqftAED 825K1,596
May 2026Studio517 sqftAED 850K1,644
May 2026Studio497 sqftAED 687K1,383

Source: Dubai Land Department

Frequently Asked Questions

What is the service charge at LAKE TERRACE?▾

The annual service charge at LAKE TERRACE is AED 19.00 per square foot. For a typical 1,000 sqft apartment that is AED 19,000 per year.

Is LAKE TERRACE pet-friendly?▾

Yes, pets are permitted at LAKE TERRACE.

Who developed LAKE TERRACE?▾

LAKE TERRACE was developed by Damac.

Who manages LAKE TERRACE?▾

LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C is the appointed facility management company at LAKE TERRACE.

Which metro station is closest to LAKE TERRACE?▾

The nearest metro station to LAKE TERRACE is Jumeirah Lakes Towers, approximately 0.4 km away.

What is LAKE TERRACE close to?▾

LAKE TERRACE is conveniently located near Sports City Swimming Academy.

Is there a school near LAKE TERRACE?▾

Al mizhar 1 is the closest school to LAKE TERRACE, approximately 0.4 km away.

Is there a hospital or medical centre near LAKE TERRACE?▾

American Hospital Dubai Media City Clinic is the closest medical centre to LAKE TERRACE, approximately 4.5 km away.

Is there a supermarket near LAKE TERRACE?▾

West Zone Fresh Supermarket | Cluster O - Jumeirah Lake Towers ( JLT ) is the closest supermarket to LAKE TERRACE, approximately 0.4 km away.

Which mall is closest to LAKE TERRACE?▾

The nearest mall to LAKE TERRACE is Marina Mall, approximately 0.7 km away.

What amenities does LAKE TERRACE have?▾

LAKE TERRACE offers: Retail Outlets, Swimming Pool, Concierge, Covered Parking, Steam Room, Kids Play Area, Sauna, CCTV, Gym, 24hr Security, Restaurants & Cafes.

How far is LAKE TERRACE from the airport?▾

LAKE TERRACE is approximately 20.6 km from Al Maktoum International Airport (DWC).

How far is LAKE TERRACE from Dubai's main business districts?▾

LAKE TERRACE is approximately 1.2 km from Dubai Marina.

How far is LAKE TERRACE from the beach?▾

LAKE TERRACE is approximately 1.3 km from JBR Beach.

What is the DLD registration fee when buying at LAKE TERRACE?▾

The Dubai Land Department (DLD) transfer fee is 4% of the purchase price, paid by the buyer on registration. This applies to all freehold and leasehold transactions in Dubai.

Which DLD administrative zone is LAKE TERRACE in?▾

LAKE TERRACE is located in Al Thanyah Fifth, the official Dubai Land Department administrative zone for DMCC Master Community. This zone name appears on title deeds, NOC documents, and DLD registration records.

Transaction data sourced from the Dubai Land Department (DLD). Last updated September 2026.

Historical registered sale prices only. This is not a property valuation, appraisal, or live listing service.

Data is cleaned to exclude outliers and erroneous entries (e.g. corrupted values, non-market transactions). As a result, figures shown here may differ from raw DLD/Ejari records.

Prices vary by floor, view, fit-out, and market conditions. Always verify with a RERA-licensed agent before making any financial decision.

E&OE. ZamanProp is not liable for reliance on this data.

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Browse by Bedroom Type

Studio

AED 499K avg · 585 sales

1 Bedroom

AED 708K avg · 518 sales

2 Bedrooms

AED 1.20M avg · 111 sales

3 Bedrooms

AED 1.34M avg · 66 sales

For Dubai agents

Agent tools are launching soon

WhatsApp leads from building pages, priority routing for buildings you cover, and a co-broke deal ledger — free to join at launch.

Used only for the launch announcement. No spam.