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LAKE CENTRAL

Completed

Developed by hamid PROPERTIES LIMITED. Located in Business Bay.

Construction progress100%Expected 28 Feb 2012
Units1951 buildings · 0 villas
Registered sales2125 in the last 12 months
Median sale priceAED 1.27MMedian of registered salesAED 1,311/sqft

Registry record

Project number
523
Name on the register
ليك سنترال
Developer
hamid PROPERTIES LIMITED
Master developer
دبي للعقارات (ش.ذ.م.م)
Escrow agent
MASHREQ BANK PSC
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
27 Jan 2008
Expected completion
28 Feb 2012
Actual completion
28 Feb 2012
Cancelled
Not recorded
Plots
0
Progress
100%

Freehold commercial building development in Dubai Business Bay that is designed to 3B+G+3P+18 floors high. The building will be constructed out of concrete structure with its external finishes. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.

Sales evidence

Median size
988 sqft
Median price per sqft
AED 1,311/sqft
Total value transacted
AED 375.50M
Off-plan vs ready
15 off-plan · 197 ready
First sale
19 Nov 2007
Latest sale
22 May 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 811 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT2.00
Reserved FundOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT1.00
MaintenanceOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT2.00
ParkingOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT779.00
Utilities ServicesOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT10.00
Management ServicesOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT1.00
InsuranceOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
Master CommunityOfficesMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
ServicesRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT1.00
Reserved FundRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT1.00
MaintenanceRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT2.00
Utilities ServicesRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT9.00
Management ServicesRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT1.00
InsuranceRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
Master CommunityRetailMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
ServicesParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
Reserved FundParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
MaintenanceParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
Utilities ServicesParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT2.00
Management ServicesParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
InsuranceParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00
Master CommunityParkingMASAKIN OWNERS ASSOCIATION MANAGEMENT0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
22 May 2026Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,129 sqftAED 2,878/sqftAED 3,250,000
11 Feb 2026Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,697 sqftAED 2,269/sqftAED 3,850,000
25 Dec 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice988 sqftAED 2,632/sqftAED 2,600,000
4 Dec 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,134 sqftAED 2,117/sqftAED 2,400,000
16 Oct 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice902 sqftAED 1,774/sqftAED 1,600,000
27 Jun 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice706 sqftAED 2,124/sqftAED 1,500,000
26 Feb 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice849 sqftAED 1,179/sqftAED 1,000,000
19 Feb 2025Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice907 sqftAED 2,493/sqftAED 2,260,000
25 Nov 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,697 sqftAED 1,369/sqftAED 2,323,272
20 Nov 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,129 sqftAED 1,682/sqftAED 1,900,000
15 Oct 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice988 sqftAED 2,227/sqftAED 2,200,000
4 Oct 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice907 sqftAED 2,096/sqftAED 1,900,000
30 May 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice805 sqftAED 2,608/sqftAED 2,100,000
16 May 2024Business BayLAKE CENTRALBusiness BayShopExisting PropertiesShop1,540 sqftAED 3,896/sqftAED 6,000,000
2 May 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice689 sqftAED 1,690/sqftAED 1,165,000
29 Mar 2024Business BayLAKE CENTRALBusiness BayShopExisting PropertiesShop825 sqftAED 2,909/sqftAED 2,400,000
26 Mar 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,129 sqftAED 1,304/sqftAED 1,472,481
12 Mar 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,129 sqftAED 1,107/sqftAED 1,250,000
1 Feb 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice709 sqftAED 282/sqftAED 200,000
1 Feb 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,697 sqftAED 177/sqftAED 300,000
22 Jan 2024Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,667 sqftAED 480/sqftAED 800,000
20 Nov 2023Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice779 sqftAED 1,553/sqftAED 1,210,000
30 Oct 2023Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice688 sqftAED 1,490/sqftAED 1,025,000
31 Jul 2023Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,667 sqftAED 1,320/sqftAED 2,200,000
3 May 2023Business BayLAKE CENTRALBusiness BayOfficeExisting PropertiesOffice1,652 sqftAED 1,272/sqftAED 2,100,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.