Project · Transactions · 2015

Lake Terrace Property Transactions 2015

61 property sales worth ⃃ 50.33M were registered in Lake Terrace in 2015, 3.2% lower than 2014 by number of sales. The median sale price was ⃃ 820,000 and the median price per square foot ⃃ 1,323 (−9.0% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 61 salesUpdated: 13 Nov 2026
Property sales
61
−3.2% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 50.33M
−18.7% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 820,000
−7.7% vs 2014
61 sales
Median price per sq ft
⃃ 1,323
−9.0% vs 2014
61 sales

What types of property sold in Lake Terrace in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6098.4%⃃ 49.67M⃃ 825,000⃃ 1,323
Commercial11.6%⃃ 660K⃃ 660,000⃃ 1,014

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)1931.1%⃃ 8.51M⃃ 418,369⃃ 627
Resale (secondary)4268.9%⃃ 41.81M⃃ 962,500⃃ 1,402
Ready61100%⃃ 50.33M⃃ 820,000⃃ 1,323

How many rental contracts were registered in Lake Terrace in 2015?

183 rental contracts (new and renewed) were registered in Lake Terrace in 2015, at a median annual rent of ⃃ 75,600. Rental yields in Lake Terrace

What were the most expensive property sales in Lake Terrace in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/03/2015Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,800,000Resale · Ready
19/11/2015Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,800,000Resale · Ready
04/05/2015Lake Terrace1 bed · Apartment718 sq ft⃃ 1,500,000Resale · Ready
05/03/2015Lake Terrace2 beds · Apartment1,240 sq ft⃃ 1,450,000Resale · Ready
10/12/2015Lake Terrace2 beds · Apartment1,288 sq ft⃃ 1,400,000Resale · Ready
10/03/2015Lake Terrace2 beds · Apartment1,240 sq ft⃃ 1,300,000Resale · Ready
20/04/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 1,250,000Resale · Ready
14/01/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 1,215,000Resale · Ready
01/07/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 1,160,000Resale · Ready
19/02/2015Lake Terrace1 bed · Apartment719 sq ft⃃ 1,160,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
16/12/2015Lake TerraceStudio · Apartment496 sq ft⃃ 780,000Resale · Ready
16/12/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 950,000Resale · Ready
10/12/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 970,000Resale · Ready
10/12/2015Lake Terrace2 beds · Apartment1,288 sq ft⃃ 1,400,000Resale · Ready
07/12/2015Lake Terrace1 bed · Apartment718 sq ft⃃ 1,020,000Resale · Ready
25/11/2015Lake Terrace1 bed · Apartment894 sq ft⃃ 1,050,000Resale · Ready
19/11/2015Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,800,000Resale · Ready
16/11/2015Lake Terrace1 bed · Apartment718 sq ft⃃ 1,040,000Resale · Ready
15/11/2015Lake Terrace1 bed · Apartment737 sq ft⃃ 975,000Resale · Ready
12/11/2015Lake Terrace1 bed · Apartment753 sq ft⃃ 418,369Primary · 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-terrace/2015
Lake Terrace Property Transactions 2015. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-terrace/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 Terrace in 2015?
61 property sales worth ⃃ 50,327,810 were registered in Lake Terrace in 2015. That is 3.2% lower than 2014.
What was the median property price in Lake Terrace in 2015?
The median sale price was ⃃ 820,000 and the median price per square foot ⃃ 1,323 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Lake Terrace were off-plan or from developers?
Developer (primary) sales were 31.1% of the 61 sales and resales 68.9%. Primary/resale and off-plan/ready are different splits.

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