Project · Transactions · 2015

Lake City Tower Property Transactions 2015

39 property sales worth ⃃ 37.1M were registered in Lake City Tower in 2015, 23.5% lower than 2014 by number of sales. The median sale price was ⃃ 930,000 and the median price per square foot ⃃ 1,104 (−13.0% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 39 salesUpdated: 13 Nov 2026
Property sales
39
−23.5% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 37.1M
−28.8% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 930,000
−11.4% vs 2014
39 sales
Median price per sq ft
⃃ 1,104
−13.0% vs 2014
39 sales

What types of property sold in Lake City Tower in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments39100%⃃ 37.1M⃃ 930,000⃃ 1,104

How were 2015 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
Primary (developer sales)717.9%⃃ 7.09M⃃ 1,075,000⃃ 1,104
Ready39100%⃃ 37.1M⃃ 930,000⃃ 1,104

How many rental contracts were registered in Lake City Tower in 2015?

175 rental contracts (new and renewed) were registered in Lake City Tower in 2015, at a median annual rent of ⃃ 76,532 (+27.6% on 2014). Rental yields in Lake City Tower

What were the most expensive property sales in Lake City Tower in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/02/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,385,000Resale · Ready
03/06/2015Lake City Tower2 beds · Apartment1,246 sq ft⃃ 1,325,000Resale · Ready
02/07/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,300,000Resale · Ready
08/11/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,289,312Primary · Ready
09/12/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,270,000Resale · Ready
14/10/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,250,000Resale · Ready
25/11/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,200,000Resale · Ready
07/04/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 1,175,000Primary · Ready
26/04/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 1,175,000Resale · Ready
08/01/2015Lake City Tower1 bed · Apartment860 sq ft⃃ 1,160,000Primary · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
09/12/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,270,000Resale · Ready
26/11/2015Lake City Tower1 bed · Apartment664 sq ft⃃ 820,000Resale · Ready
25/11/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,200,000Resale · Ready
08/11/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 883,309Primary · Ready
08/11/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,289,312Primary · Ready
14/10/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 900,000Resale · Ready
14/10/2015Lake City Tower2 beds · Apartment1,243 sq ft⃃ 1,250,000Resale · Ready
11/10/2015Lake City Tower1 bed · Apartment664 sq ft⃃ 576,237Primary · Ready
30/09/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 550,000Resale · Ready
20/09/2015Lake City Tower1 bed · Apartment840 sq ft⃃ 927,172Primary · 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 2015 with the whole of 2014.
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/lake-city-tower/2015
Lake City Tower Property Transactions 2015. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-city-tower/2015

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 Lake City Tower in 2015?
39 property sales worth ⃃ 37,096,030 were registered in Lake City Tower in 2015. That is 23.5% lower than 2014.
What was the median property price in Lake City Tower in 2015?
The median sale price was ⃃ 930,000 and the median price per square foot ⃃ 1,104 (1 Jan – 31 Dec 2015).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/lake-city-tower/2015