Historical market data sourced from the Dubai Land Department public registry.
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Developed by Damac
Avg Sale Price
AED 2.09M
Avg AED/sqft
AED 1,392
Avg Size
1,503 sqft
Price Range
AED 1.74M – AED 2.92M
Oct 2024 – Apr 2026
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AED 19/sqft × 1,503 sqft avg · 2023 rate
Annual Service Charge
AED 28,557/yr
Monthly SC
AED 2,380/mo
✓ Verified 2023 via DLD Mollak
Typical annual rent range (P25–P75)
Gross Yield (Ejari)
6.2%
Source: Ejari rental registration records (RERA).
Gross yield, DLD sales vs. Ejari rents (last 24 months)
| Date | Size (sqft) | Annual Rent | AED/sqft/yr |
|---|---|---|---|
| Sep 2026 | 1,530 | AED 125,000~AED 10,417/mo | 82 |
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 |
|---|---|---|---|
| Apr 2026 | 1,477 | AED 1.80M | 1,218 |
| Nov 2025 | 1,529 | AED 2.92M | 1,910 |
| Jun 2025 | 1,478 | AED 2.28M | 1,543 |
| Jan 2025 | 1,478 | AED 1.74M | 1,178 |
| Dec 2024 | 1,529 | AED 1.85M | 1,210 |
| Oct 2024 | 1,529 | AED 1.98M | 1,292 |
The service charge at LAKE TERRACE is AED 19.00 per sqft per year.
Based on 6 DLD-registered sales, 3 Bedrooms units at LAKE TERRACE have sold for an average of AED 2,094,387. Prices vary by floor, view, and market timing.
Based on 42 Ejari-registered rental contracts, 3 Bedrooms units at LAKE TERRACE typically rent for AED 115,000 – AED 150,000 per year (middle 50% of contracts, or roughly AED 9,583 – AED 12,500 per month), with a median of AED 127,500/yr.
Based on DLD sales and Ejari rental registration data, the gross yield for a 3 Bedrooms at LAKE TERRACE is approximately 6.2%. 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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Agent tools are launching soon
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Building Facts