LAKE TERRACE

FINISHED

By DAMAC · Al Thanyah Fifth

Median price/sqft
AED 870
3-yr CAGR
+10.6%
Transactions
1,277
Gross yield
6.2%
Launch → now (est.)
+74%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED
Project imagery — coming soon

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+7.5%
3-yr CAGR
+10.6%
5-yr CAGR
+11.7%
Median price
AED 610,000
Price/sqft (last 12 months)
AED 1,611
Secondary-market share
100%
Resale-only (est.)
+13.6%

est.

Like-for-like 1BR (est.)
+11.6%

est.

Current gross yield by bedroom

Studio
7.4%
1BR
6.9%
2BR
6.9%
3BR
7.1%
4BR+
13.3%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 400,800
AED per sqft
AED 835

28 May 2026

Unit
1BR · 760 sqft
Price
AED 661,200
AED per sqft
AED 870

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 742,100
AED per sqft
AED 905

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 1,006,540
AED per sqft
AED 853

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer
DAMAC
Status
FINISHED
Units
573
Buildings
1
Completion date
13 May 2008
Completed
100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 660,815

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 985,845

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated