Historical market data sourced from the Dubai Land Department public registry.
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Developed by Damac
Avg Sale Price
AED 1.72M
Avg AED/sqft
AED 1,319
Avg Size
1,313 sqft
Price Range
AED 1.45M – AED 2.05M
Jan 2025 – Oct 2026
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AED 19/sqft × 1,313 sqft avg · 2023 rate
Annual Service Charge
AED 24,947/yr
Monthly SC
AED 2,079/mo
✓ Verified 2023 via DLD Mollak
Typical annual rent range (P25–P75)
Gross Yield (Ejari)
6%
Source: Ejari rental registration records (RERA).
Gross yield, DLD sales vs. Ejari rents (last 24 months)
| Date | Size (sqft) | Annual Rent | AED/sqft/yr |
|---|---|---|---|
| Oct 2026 | 1,666 | AED 105,000~AED 8,750/mo | 63 |
Based on DLD registered sales
Fewer than 5 sales in the last 12 months — showing the last 24 months.
| Date | Size (sqft) | Price (AED) | AED/sqft |
|---|---|---|---|
| Oct 2026 | 1,237 | AED 1.70M | 1,375 |
| Jul 2026 | 1,288 | AED 2.05M | 1,591 |
| Dec 2025 | 1,242 | AED 1.95M | 1,571 |
| Dec 2025 | 1,665 | AED 1.95M | 1,171 |
| Aug 2025 | 1,240 | AED 1.66M | 1,339 |
| Aug 2025 | 1,288 | AED 1.65M | 1,281 |
| Aug 2025 | 1,240 | AED 1.76M | 1,420 |
| Jul 2025 | 1,237 | AED 1.59M | 1,290 |
| Jul 2025 | 1,237 | AED 1.65M | 1,334 |
| Jul 2025 | 1,240 | AED 1.45M | 1,170 |
The service charge at LAKE TERRACE is AED 19.00 per sqft per year.
Based on 13 DLD-registered sales, 2 Bedrooms units at LAKE TERRACE have sold for an average of AED 1,718,077. Prices vary by floor, view, and market timing.
Based on 54 Ejari-registered rental contracts, 2 Bedrooms units at LAKE TERRACE typically rent for AED 84,175 – AED 119,750 per year (middle 50% of contracts, or roughly AED 7,015 – AED 9,979 per month), with a median of AED 99,000/yr.
Based on DLD sales and Ejari rental registration data, the gross yield for a 2 Bedrooms at LAKE TERRACE is approximately 6%. This is calculated from average registered rents versus average sale prices.
The Dubai Land Department (DLD) transfer fee is 4% of the purchase price, paid by the buyer on registration.
Transaction data sourced from Dubai Land Department (DLD) public records. Service charge data sourced from DLD Mollak where verified. Cost estimates are indicative and subject to change. Always verify with a registered broker before making investment decisions.
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Building Facts