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Lake Apartment

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Union Properties
52
Total Units
52
Sold
⃃ 900,000
Median Price
⃃ 830
Median Price /sqft
Construction progress: 100% (As of Oct-2018)
Start: Jul, 2015Completion: Oct, 2018

Lake Apartment Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio12460 sqft - 550 sqft⃃ 0.5M (1,040 /sqft)⃃ 1,040 /sqft
-.7
1 Bed16880 sqft - 980 sqft⃃ 1,120 /sqft
2 Beds241,590 sqft - 2,950 sqft⃃ 1,010 /sqft

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (13 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
2Apartment2,941 sqft128.55 sqft⃃ 1,700,000⃃ 578 /sqft12, Apr 2015
2Apartment2,946 sqft128.99 sqft⃃ 1,525,000⃃ 518 /sqft21, May 2025
2Apartment1,637 sqft12.52 sqft⃃ 1,335,000⃃ 816 /sqft14, Jul 2025
2Apartment1,598 sqft9.64 sqft⃃ 1,145,000⃃ 717 /sqft19, Aug 2014
2Apartment1,685 sqft13.91 sqft⃃ 1,145,000⃃ 680 /sqft25, Jun 2013
2Apartment1,598 sqft9.64 sqft⃃ 1,087,750⃃ 681 /sqft27, Apr 2014
2Apartment1,639 sqft12.79 sqft⃃ 1,050,000⃃ 641 /sqft25, Aug 2023
2Apartment1,690 sqft14.36 sqft⃃ 900,000⃃ 533 /sqft31, Jan 2021
StudioApartment487 sqft⃃ 580,000⃃ 1,191 /sqft22, Nov 2016
StudioApartment554 sqft⃃ 525,000⃃ 948 /sqft25, May 2017
StudioApartment457 sqft⃃ 520,000⃃ 1,138 /sqft24, Jun 2026
StudioApartment487 sqft⃃ 515,000⃃ 1,057 /sqft23, Aug 2024
StudioApartment501 sqft⃃ 480,000⃃ 958 /sqft20, Mar 2025
StudioApartment504 sqft⃃ 470,000⃃ 933 /sqft03, Jul 2026
StudioApartment504 sqft⃃ 420,000⃃ 833 /sqft16, Apr 2013

Lake Apartment Real Estate Data – FAQ

  • What is the current property supply in Lake Apartment?

    Lake Apartment has approximately 10 completed residential units.

  • How active is the real estate market in Lake Apartment?

    Lake Apartment recorded 2 property transactions over the last 12 months.

  • What is the average price /sqft in Lake Apartment?

    The median recorded sale price in Lake Apartment is ⃃ 1,040 /sqft.

  • What rental yield can investors expect in Lake Apartment?

    The gross rental yield in Lake Apartment is 8%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Lake Apartment?

    The year-over-year median price per square foot change in Lake Apartment is 21.8%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Lake Apartment?

    Lake Apartment has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Lake Apartment?

    The recorded off-plan pipeline in Lake Apartment contains 0 units.

  • Is Lake Apartment a good area for property investment?

    Assess Lake Apartment using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Lake Apartment is 8%, calculated from median rental income and comparable median sale prices.