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Project · Transactions · 2024

1 Lake Plaza Property Transactions 2024

33 property sales worth ⃃ 35.92M were registered in 1 Lake Plaza in 2024, 13.8% higher than 2023 by number of sales. The median sale price was ⃃ 1,018,000 and the median price per square foot ⃃ 763 (+3.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 33 salesUpdated: 15 Nov 2026
Property sales
33
+13.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 35.92M
+38.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,018,000
+17.4% vs 2023
33 sales
Median price per sq ft
⃃ 763
+3.2% vs 2023
33 sales

What types of property sold in 1 Lake Plaza in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial33100%⃃ 35.92M⃃ 1,018,000⃃ 763

How were 2024 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)33100%⃃ 35.92M⃃ 1,018,000⃃ 763
Ready33100%⃃ 35.92M⃃ 1,018,000⃃ 763

How many rental contracts were registered in 1 Lake Plaza in 2024?

233 rental contracts (new and renewed) were registered in 1 Lake Plaza in 2024, at a median annual rent of ⃃ 90,000 (+15.4% on 2023). Rental yields in 1 Lake Plaza

What were the most expensive property sales in 1 Lake Plaza in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/07/20241 Lake PlazaCommercial2,850 sq ft⃃ 2,106,400Resale · Ready
29/10/20241 Lake PlazaCommercial1,675 sq ft⃃ 1,750,000Resale · Ready
05/07/20241 Lake PlazaCommercial2,320 sq ft⃃ 1,725,000Resale · Ready
10/12/20241 Lake PlazaCommercial891 sq ft⃃ 1,470,000Resale · Ready
25/09/20241 Lake PlazaCommercial1,345 sq ft⃃ 1,450,000Resale · Ready
04/07/20241 Lake PlazaCommercial1,910 sq ft⃃ 1,440,300Resale · Ready
05/07/20241 Lake PlazaCommercial1,910 sq ft⃃ 1,440,000Resale · Ready
12/06/20241 Lake PlazaCommercial1,276 sq ft⃃ 1,400,000Resale · Ready
05/07/20241 Lake PlazaCommercial1,695 sq ft⃃ 1,278,000Resale · Ready
05/07/20241 Lake PlazaCommercial1,605 sq ft⃃ 1,218,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
25/12/20241 Lake PlazaCommercial1,619 sq ft⃃ 1,214,000Resale · Ready
10/12/20241 Lake PlazaCommercial891 sq ft⃃ 1,470,000Resale · Ready
29/10/20241 Lake PlazaCommercial1,675 sq ft⃃ 1,750,000Resale · Ready
26/09/20241 Lake PlazaCommercial589 sq ft⃃ 618,000Resale · Ready
25/09/20241 Lake PlazaCommercial1,345 sq ft⃃ 1,450,000Resale · Ready
11/09/20241 Lake PlazaCommercial521 sq ft⃃ 540,000Resale · Ready
10/09/20241 Lake PlazaCommercial966 sq ft⃃ 999,810Resale · Ready
05/09/20241 Lake PlazaCommercial660 sq ft⃃ 686,400Resale · Ready
08/07/20241 Lake PlazaCommercial804 sq ft⃃ 690,720Resale · Ready
05/07/20241 Lake PlazaCommercial2,320 sq ft⃃ 1,725,000Resale · 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 2024 with the whole of 2023.
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/2024
1 Lake Plaza Property Transactions 2024. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2024

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 2024?
33 property sales worth ⃃ 35,922,061 were registered in 1 Lake Plaza in 2024. That is 13.8% higher than 2023.
What was the median property price in 1 Lake Plaza in 2024?
The median sale price was ⃃ 1,018,000 and the median price per square foot ⃃ 763 (1 Jan – 31 Dec 2024).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2024