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LAKE TERRACE

Studio Studio DMCC

ABOVE MARKET

Total Price

900,000

Rate

1,737 AED/sqft

Size

518 sqft

Comparable sales

View area trends

Rental context

Comparable studio studios in Jumeirah Lake Towers rent for a median of 57,000/yr across 105 Ejari contracts in the last two years.

Median annual rent
57,000
Sale price (this txn)
900,000
Implied gross yield
6.3%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,737 AED/sqft, above market compared with the median of comparable studio sales in Jumeirah Lake Towers.

  • Comparable median: 1,686 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +3.0%.
  • Gifts and mortgages excluded.
highSale

Location context

Jumeirah Lake Towers · DMCC

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open LAKE TERRACE on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
LAKE TERRACE, Jumeirah Lake Towers
in DMCC Master Community
Sale date
04 Sept 2025
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2025-37221
DLD AED/sqm
18,719(our derived AED/sqft: 1,737)
▸ Raw DLD record
transaction_id
dld-1-11-2025-37221
instance_date
2025-09-04
area_name_en
Jumeirah Lake Towers
master_project_en
DMCC Master Community
project_name_en
LAKE TERRACE
building_name_en
LAKE TERRACE
property_type_en
Studio
rooms
0 BR
size_sqft
518
actual_worth
AED 900,000
meter_sale_price
18,719 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Sports City Swimming Academy
nearest_metro_en
Jumeirah Lakes Towers
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗