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LAKE TERRACE

Completed

Developed by DAMAC PROPERTIES CO (L.L.C). Located in Al Thanyah Fifth.

Construction progress100%Expected 13 May 2008
Units5731 buildings · 0 villas
Registered sales1,33932 in the last 12 months
Median sale priceAED 635KMedian of registered salesAED 889/sqft

Registry record

Project number
438
Name on the register
ليك تراس
Developer
DAMAC PROPERTIES CO (L.L.C)
Master developer
مركز دبي للسلع المتعددة
Escrow agent
Not recorded
Zoning authority
Dubai Municipality
Master project
Jumeirah Lakes Towers
Start date
20 May 2006
Expected completion
13 May 2008
Actual completion
13 May 2008
Cancelled
Not recorded
Plots
0
Progress
100%

Sales evidence

Median size
718 sqft
Median price per sqft
AED 889/sqft
Total value transacted
AED 980.30M
Off-plan vs ready
0 off-plan · 1,339 ready
First sale
25 Nov 2008
Latest sale
17 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 35 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00
Reserved FundResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
MaintenanceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C4.00
ImprovementResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Utilities ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
Management ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Master CommunityResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
IncomeResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Reserved FundRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
MaintenanceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C4.00
ImprovementRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Utilities ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
Management ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
Master CommunityRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
IncomeRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
17 Aug 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityShopExisting PropertiesShop456 sqftAED 2,963/sqftAED 1,350,000
21 Jul 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties2 B/R1,288 sqftAED 1,591/sqftAED 2,050,000
6 Jul 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R753 sqftAED 1,448/sqftAED 1,090,000
2 Jul 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio497 sqftAED 1,751/sqftAED 870,000
29 Jun 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R718 sqftAED 1,566/sqftAED 1,125,000
29 Jun 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio489 sqftAED 1,687/sqftAED 825,000
17 Jun 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio517 sqftAED 1,596/sqftAED 825,000
14 May 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio517 sqftAED 1,644/sqftAED 850,000
5 May 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio497 sqftAED 1,383/sqftAED 686,845
4 May 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio496 sqftAED 2,076/sqftAED 1,030,000
30 Apr 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio489 sqftAED 1,278/sqftAED 625,051
24 Apr 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties3 B/R1,477 sqftAED 1,218/sqftAED 1,800,000
10 Apr 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio516 sqftAED 2,275/sqftAED 1,175,000
7 Apr 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R739 sqftAED 1,704/sqftAED 1,260,000
9 Mar 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R719 sqftAED 1,565/sqftAED 1,125,000
6 Feb 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R753 sqftAED 1,461/sqftAED 1,100,000
29 Jan 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio527 sqftAED 1,745/sqftAED 920,000
14 Jan 2026Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R753 sqftAED 1,647/sqftAED 1,240,000
24 Dec 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R718 sqftAED 1,796/sqftAED 1,290,000
17 Dec 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting PropertiesStudio496 sqftAED 1,714/sqftAED 850,000
16 Dec 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties2 B/R1,242 sqftAED 1,571/sqftAED 1,950,000
5 Dec 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties2 B/R1,665 sqftAED 1,171/sqftAED 1,950,000
18 Nov 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties3 B/R1,529 sqftAED 1,910/sqftAED 2,920,000
5 Nov 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R719 sqftAED 1,669/sqftAED 1,200,000
20 Oct 2025Al Thanyah FifthLAKE TERRACEDMCC Master CommunityFlatExisting Properties1 B/R753 sqftAED 1,627/sqftAED 1,225,000

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.