From dusk till dawn, the build never stops. At Safa Two, every shift brings new progress, with precision, expertise and teamwork shaping what comes next. #DAMAC #SafaTwo #ConstructionUpdate
Lake Terrace
Jumeirah Lakes Towers · DLD district Al Thanyah Fifth DAMACDLD project 438
Jumeirah Lake Towers around the park and lakes. Area photo, not this projectPhoto: Guilhem Vellut, Wikimedia Commons, CC BY 2.0, resized and cropped
The short answer
Lake Terrace is listed as finished on the DLD register. Its 27 home sales over Oct 2025–Sep 2026 registered at a median AED 1.1m, AED 1,613 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 438
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on283 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
283
registered with DLD, all types
Median StudioSourceDLD registered salesWindowOct 2025–Sep 2026Based on11 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 850k
AED 1,687/sq ft · 11 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on27 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.1m
27 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on28 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
28
−46% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 11 home sales; median size 736 sq ft.
The DLD project register
FinishedFinished on the DLD register
100% built on the DLD register, which lists no inspection for it.
- DLD project number
- 438
- Status
- Finished
- Completion date
- 13 May 2008
- Start date
- 20 May 2006
- Registered
- 20 May 2006
- Developer
- Damac Properties Co (L.L.C) · DLD developer 260
- Units
- 573
- Buildings
- 1: Lake Terrace
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. DAMAC can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-438-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 11 | AED 850k | 1,687 | 496 |
| 1 BR | 11 | AED 1.1m | 1,566 | 736 |
| 2 BR | 3 · fewer than 5 | — | — | — |
| 3 BR | 2 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 9 Sep 2026 | Flat · 1 BR Ready | 718 | AED 1.0m | 1,392 | −39% |
| 3 Sep 2026 | Flat · Studio Ready | 496 | AED 800k | 1,613 | −20% |
| 14 Aug 2026 | Shop Ready | 455 | AED 1.4m | — | — |
| 21 Jul 2026 | Flat · 2 BR Ready | 1,288 | AED 2.0m | 1,591 | −29% |
| 3 Jul 2026 | Flat · 1 BR Ready | 753 | AED 1.1m | 1,448 | −37% |
| 2 Jul 2026 | Flat · Studio Ready | 496 | AED 870k | 1,751 | −13% |
| 29 Jun 2026 | Flat · 1 BR Ready | 718 | AED 1.1m | 1,566 | −32% |
| 27 Jun 2026 | Flat · Studio Ready | 489 | AED 825k | 1,687 | −16% |
| 17 Jun 2026 | Flat · Studio Ready | 517 | AED 825k | 1,596 | −20% |
| 13 May 2026 | Flat · Studio Ready | 517 | AED 850k | 1,644 | −18% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Jumeirah Lakes Towers, Oct 2025–Sep 2026.
DAMAC’s newest ads
None of DAMAC’s 39 running ads names Lake Terrace; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new wave of luxury living is taking shape on Dubai’s coastline. DAMAC Bay by Cavalli has reached 35% overall progress, with 65% of the superstructure complete and 15% of the facade now taking shape. As the vision rises, a new expression of coastal luxury draws closer to reality. #DAMAC #DAMACBayByCavalli #LuxuryLiving #ConstructionUpdate
Your new view is waiting. Introducing Sorrento Lagoon Views, with studios and 1-Bedroom apartments. #DAMAC #LuxuryLiving #SorrentoLagoonViews
50,000+ homes delivered, shaped by the relationships behind them. A few words from valued partners who have been part of the journey. #DAMAC #DAMAC50K #OneFamily
Jumeirah Lakes Towers market insights
Registered with DLD under the district Al Thanyah Fifth, 2019 to 5 Oct 2026.
AED 2,012Sep 2026+27%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
5,339 sales2025+246%on 2019
Full years only, registered sales of every type. 2,652 sales in 2026 to 5 Oct.
Off-plan share
49% of the 3,920 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 23 | 0 | 23 | AED 17.5m | AED 661k | 1,057 |
| 2020 | 18 | 0 | 18 | AED 12.9m | AED 680k | 817 |
| 2021 | 30 | 0 | 30 | AED 19.9m | AED 588k | 946 |
| 2022 | 42 | 0 | 42 | AED 33.3m | AED 730k | 1,090 |
| 2023 | 42 | 0 | 42 | AED 37.3m | AED 830k | 1,253 |
| 2024 | 59 | 0 | 59 | AED 60.1m | AED 840k | 1,499 |
| 2025 | 49 | 0 | 49 | AED 61.3m | AED 1.2m | 1,530 |
| 2026 to 5 Oct | 20 | 0 | 20 | AED 21.7m | AED 1.0m | 1,596 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
283sales registered, Jan 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Jumeirah Lakes Towers
3,920 sales were registered in Jumeirah Lakes Towers over Oct 2025–Sep 2026, with homes at a median AED 2,254 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Eltiera Views | Ellington | Due Dec 2029 | 628 | AED 2.2m |
| Eltiera Heights | Ellington | Due Dec 2028 | 301 | AED 2.3m |
| Diamondz by Danube | Danube | No completion date | 135 | AED 2.1m |
| Mbl Signature | MAG | Due Mar 2027 | 130 | AED 1.5m |
| Seven City Jlt | Seven Tides | Due Nov 2025 | 114 | AED 589k |
| Serenia District - East | Palma Holding | Due Jun 2030 | 112 | AED 3.7m |
| Hilton Residences Dubai Jumeirah Lakes Towers | Emirates Mezna For - Dubai Branch | No completion date | 65 | AED 1.3m |
| Uh East by Ellington | Ellington | Due Mar 2026 | 62 | AED 1.8m |
| Armada Towers | Mohammad Rahif Hakmi | Finished | 61 | AED 1.1m |
| Uh West by Ellington | Ellington | Due Mar 2026 | 60 | AED 1.9m |
| Mercer House | Ellington | Due Jul 2027 | 59 | AED 2.8m |
| Saba 4 | Saba | Due Jun 2027 | 57 | AED 3.4m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by DAMAC
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | Al Hebiah Fifth | Feb 2028 | 5.2% | 1,278 |
| DAMAC District | DAMAC Hills | Mar 2029 | 4.1% | 705 |
| DAMAC Riverside Views - Azure 2 | Dubai Investment Park Second | Mar 2029 | 5.8% | 692 |
| DAMAC Riverside Views - Capri 1 | Dubai Investment Park Second | Mar 2029 | 8.2% | 638 |
| DAMAC Lagoons - Lagoon Views 13 | Al Hebiah Fifth | Dec 2027 | 6% | 525 |
| DAMAC Islands 2 - Bahamas 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 497 |
| DAMAC Islands 2 - Bahamas 1 | Al Yelayiss 1 | Jun 2030 | 0.3% | 476 |
| DAMAC Islands 2 - Cuba | Al Yelayiss 1 | Jun 2030 | 0.2% | 439 |
| DAMAC Islands 2 - Bermuda | Al Yelayiss 1 | Jun 2030 | 0.2% | 401 |
| Chelsea Residences 2 by DAMAC | Dubai Maritime City | Dec 2029 | 5.4% | 394 |
| DAMAC Islands 2 - Tahiti 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 378 |
| DAMAC Islands 2 - Maui | Al Yelayiss 1 | Jun 2030 | 0.2% | 347 |
More from DAMAC
Every DAMAC projectDubai, general view
DAMAC Lagoons - Valencia
Al Hebiah Fifth · DAMAC
Due Feb 2028DLD register
Median home price, Oct 2025–Sep 2026AED 785k
DAMAC Hills · area photo
DAMAC District
DAMAC Hills · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
DAMAC Riverside Views - Azure 2
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
DAMAC Riverside Views - Capri 1
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Lagoons - Lagoon Views 13
Al Hebiah Fifth · DAMAC
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Islands 2 - Bahamas 2
Al Yelayiss 1 · DAMAC
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.8m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Motor City by أمين علوان (Wikimedia Commons, CC BY-SA 4.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
More projects in Jumeirah Lakes Towers
Everything in Jumeirah Lakes TowersJumeirah Lakes Towers · area photo
Eltiera Views
Jumeirah Lakes Towers · Ellington
Due Dec 2029DLD register
Median home price, Oct 2025–Sep 2026AED 2.2m
Jumeirah Lakes Towers · area photo
Eltiera Heights
Jumeirah Lakes Towers · Ellington
Due Dec 2028DLD register
Median home price, Oct 2025–Sep 2026AED 2.3m
Jumeirah Lakes Towers · area photo
Diamondz by Danube
Jumeirah Lakes Towers · Danube
No completion dateDLD register
Median home price, Oct 2025–Sep 2026AED 2.1m
Jumeirah Lakes Towers · area photo
Mbl Signature
Jumeirah Lakes Towers · MAG
Due Mar 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Jumeirah Lakes Towers · area photo
Seven City Jlt
Jumeirah Lakes Towers · Seven Tides
Due Nov 2025DLD register
Median home price, Oct 2025–Sep 2026AED 589k
Jumeirah Lakes Towers · area photo
Serenia District - East
Jumeirah Lakes Towers · Palma Holding
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 3.7m
Photo: Jumeirah Lake Towers by Guilhem Vellut (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in Lake Terrace
About Lake Terrace
Lake Terrace is a DAMAC project in Jumeirah Lakes Towers, Dubai, registered with the Dubai Land Department as project 438 by Damac Properties Co (L.L.C). The register lists it as finished.
283 sales have been registered since Jan 2019, the first on 30 Jan 2019, 28 of them over Oct 2025–Sep 2026. Over those twelve months its 27 home sales registered at a median AED 1.1m. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 28th of the 80 projects with a registered sale in Jumeirah Lakes Towers, and 121st of DAMAC’s 255.
Questions about Lake Terrace
Is Lake Terrace finished?
Yes. The DLD register lists Lake Terrace as finished.
What do homes in Lake Terrace sell for?
Studio: a median AED 850k, AED 1,687 per sq ft, from 11 sales; 1 BR: a median AED 1.1m, AED 1,566 per sq ft, from 11 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Lake Terrace had?
283 sales registered with the Dubai Land Department since Jan 2019, 28 of them over Oct 2025–Sep 2026.
Who is the developer of Lake Terrace?
The DLD register lists Damac Properties Co (L.L.C), DLD developer number 260, which we group under DAMAC.
Where is Lake Terrace?
In Jumeirah Lakes Towers, Dubai. The Dubai Land Department registers its sales under the district Al Thanyah Fifth. Homes there registered at a median AED 2,254 per sq ft over Jul–Sep 2026.
Cite this page
Lake Terrace, Jumeirah Lakes Towers. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/lake-terrace
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.