Project · Transactions · 2023

Lake Shore Tower Property Transactions 2023

43 property sales worth ⃃ 48.33M were registered in Lake Shore Tower in 2023, 48.3% higher than 2022 by number of sales. The median sale price was ⃃ 1,065,000 and the median price per square foot ⃃ 905 (+16.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 43 salesUpdated: 13 Nov 2026
Property sales
43
+48.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 48.33M
+66.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,065,000
+12.1% vs 2022
43 sales
Median price per sq ft
⃃ 905
+16.0% vs 2022
43 sales

What types of property sold in Lake Shore Tower in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4195.3%⃃ 44.81M⃃ 1,065,000⃃ 902
Commercial24.7%⃃ 3.52M⃃ 1,757,500⃃ 1,348

How were 2023 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)37%⃃ 6.36M⃃ 2,600,000⃃ 752
Resale (secondary)4093%⃃ 41.97M⃃ 995,000⃃ 918
Ready43100%⃃ 48.33M⃃ 1,065,000⃃ 905

How many rental contracts were registered in Lake Shore Tower in 2023?

245 rental contracts (new and renewed) were registered in Lake Shore Tower in 2023, at a median annual rent of ⃃ 75,000 (+15.4% on 2022). Rental yields in Lake Shore Tower

What were the most expensive property sales in Lake Shore Tower in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/04/2023Lakeshore Tower 14 beds · Apartment4,577 sq ft⃃ 2,630,000Primary · Ready
28/10/2023Lakeshore Tower 1Commercial2,043 sq ft⃃ 2,600,000Primary · Ready
19/12/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,650,000Resale · Ready
28/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,600,000Resale · Ready
19/07/2023Lakeshore Tower 12 beds · Apartment1,773 sq ft⃃ 1,600,000Resale · Ready
19/09/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,540,000Resale · Ready
10/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,482,000Resale · Ready
20/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,435,000Resale · Ready
04/10/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,425,000Resale · Ready
25/10/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,400,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Lakeshore Tower 11 bed · Apartment967 sq ft⃃ 900,000Resale · Ready
19/12/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,650,000Resale · Ready
14/12/2023Lakeshore Tower 1Studio · Apartment506 sq ft⃃ 575,000Resale · Ready
28/11/2023Lakeshore Tower 11 bed · Apartment967 sq ft⃃ 42,000Resale · Ready
28/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,600,000Resale · Ready
20/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,435,000Resale · Ready
10/11/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,482,000Resale · Ready
09/11/2023Lakeshore Tower 11 bed · Apartment1,026 sq ft⃃ 1,000,000Resale · Ready
28/10/2023Lakeshore Tower 1Commercial2,043 sq ft⃃ 2,600,000Primary · Ready
25/10/2023Lakeshore Tower 12 beds · Apartment1,496 sq ft⃃ 1,400,000Resale · 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 2023 with the whole of 2022.
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-shore-tower/2023
Lake Shore Tower Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-shore-tower/2023

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 Shore Tower in 2023?
43 property sales worth ⃃ 48,327,289 were registered in Lake Shore Tower in 2023. That is 48.3% higher than 2022.
What was the median property price in Lake Shore Tower in 2023?
The median sale price was ⃃ 1,065,000 and the median price per square foot ⃃ 905 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Lake Shore Tower were off-plan or from developers?
Developer (primary) sales were 7% of the 43 sales and resales 93%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/lake-shore-tower/2023