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Project · Transactions · 2022

1 Lake Plaza Property Transactions 2022

30 property sales worth ⃃ 21.15M were registered in 1 Lake Plaza in 2022, 150.0% higher than 2021 by number of sales. The median sale price was ⃃ 699,060 and the median price per square foot ⃃ 586 (−4.6% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 30 salesUpdated: 15 Nov 2026
Property sales
30
+150.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 21.15M
+124.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 699,060
−2.0% vs 2021
30 sales
Median price per sq ft
⃃ 586
−4.6% vs 2021
30 sales

What types of property sold in 1 Lake Plaza in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial30100%⃃ 21.15M⃃ 699,060⃃ 586

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)30100%⃃ 21.15M⃃ 699,060⃃ 586
Ready30100%⃃ 21.15M⃃ 699,060⃃ 586

How many rental contracts were registered in 1 Lake Plaza in 2022?

231 rental contracts (new and renewed) were registered in 1 Lake Plaza in 2022, at a median annual rent of ⃃ 75,096 (+14.7% on 2021). Rental yields in 1 Lake Plaza

What were the most expensive property sales in 1 Lake Plaza in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/04/20221 Lake PlazaCommercial1,910 sq ft⃃ 1,118,630Resale · Ready
11/04/20221 Lake PlazaCommercial1,605 sq ft⃃ 940,000Resale · Ready
25/04/20221 Lake PlazaCommercial1,522 sq ft⃃ 891,400Resale · Ready
23/09/20221 Lake PlazaCommercial1,307 sq ft⃃ 850,000Resale · Ready
26/04/20221 Lake PlazaCommercial1,619 sq ft⃃ 833,785Resale · Ready
03/08/20221 Lake PlazaCommercial1,276 sq ft⃃ 829,400Resale · Ready
17/10/20221 Lake PlazaCommercial1,276 sq ft⃃ 829,377Resale · Ready
06/10/20221 Lake PlazaCommercial1,910 sq ft⃃ 825,129Resale · Ready
01/11/20221 Lake PlazaCommercial1,345 sq ft⃃ 825,000Resale · Ready
11/04/20221 Lake PlazaCommercial1,373 sq ft⃃ 804,150Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
26/12/20221 Lake PlazaCommercial1,276 sq ft⃃ 775,000Resale · Ready
18/11/20221 Lake PlazaCommercial866 sq ft⃃ 530,000Resale · Ready
09/11/20221 Lake PlazaCommercial544 sq ft⃃ 700,000Resale · Ready
01/11/20221 Lake PlazaCommercial1,345 sq ft⃃ 825,000Resale · Ready
19/10/20221 Lake PlazaCommercial804 sq ft⃃ 500,000Resale · Ready
17/10/20221 Lake PlazaCommercial866 sq ft⃃ 562,876Resale · Ready
17/10/20221 Lake PlazaCommercial804 sq ft⃃ 522,576Resale · Ready
17/10/20221 Lake PlazaCommercial1,276 sq ft⃃ 829,377Resale · Ready
13/10/20221 Lake PlazaCommercial689 sq ft⃃ 612,141Resale · Ready
06/10/20221 Lake PlazaCommercial1,605 sq ft⃃ 693,675Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2022
1 Lake Plaza Property Transactions 2022. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in 1 Lake Plaza in 2022?
30 property sales worth ⃃ 21,148,221 were registered in 1 Lake Plaza in 2022. That is 150.0% higher than 2021.
What was the median property price in 1 Lake Plaza in 2022?
The median sale price was ⃃ 699,060 and the median price per square foot ⃃ 586 (1 Jan – 31 Dec 2022).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2022