Project · Transactions · 2018

Lake Terrace Property Transactions 2018

34 property sales worth ⃃ 31.07M were registered in Lake Terrace in 2018, 17.1% lower than 2017 by number of sales. The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 1,341 (−9.2% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 34 salesUpdated: 13 Nov 2026
Property sales
34
−17.1% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 31.07M
−25.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 800,000
−9.1% vs 2017
34 sales
Median price per sq ft
⃃ 1,341
−9.2% vs 2017
34 sales

What types of property sold in Lake Terrace in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3191.2%⃃ 27.78M⃃ 800,000⃃ 1,328
Commercial38.8%⃃ 3.29M⃃ 1,190,000⃃ 1,894

How were 2018 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)34100%⃃ 31.07M⃃ 800,000⃃ 1,341
Ready34100%⃃ 31.07M⃃ 800,000⃃ 1,341

How many rental contracts were registered in Lake Terrace in 2018?

330 rental contracts (new and renewed) were registered in Lake Terrace in 2018, at a median annual rent of ⃃ 67,000 (−10.7% on 2017). Rental yields in Lake Terrace

What were the most expensive property sales in Lake Terrace in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/01/2018Lake Terrace2 beds · Apartment1,666 sq ft⃃ 2,000,000Resale · Ready
11/04/2018Lake TerraceCommercial792 sq ft⃃ 1,500,000Resale · Ready
20/03/2018Lake Terrace2 beds · Apartment1,242 sq ft⃃ 1,200,000Resale · Ready
02/07/2018Lake Terrace1 bed · Apartment753 sq ft⃃ 1,200,000Resale · Ready
08/07/2018Lake TerraceCommercial615 sq ft⃃ 1,190,000Resale · Ready
30/01/2018Lake Terrace1 bed · Apartment746 sq ft⃃ 1,150,000Resale · Ready
01/03/2018Lake Terrace2 beds · Apartment1,668 sq ft⃃ 1,137,700Resale · Ready
23/05/2018Lake Terrace2 beds · Apartment1,242 sq ft⃃ 1,125,000Resale · Ready
17/01/2018Lake Terrace1 bed · Apartment739 sq ft⃃ 1,075,000Resale · Ready
03/10/2018Lake Terrace1 bed · Apartment796 sq ft⃃ 1,020,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
14/11/2018Lake TerraceStudio · Apartment472 sq ft⃃ 710,000Resale · Ready
14/11/2018Lake TerraceStudio · Apartment517 sq ft⃃ 730,000Resale · Ready
05/11/2018Lake TerraceStudio · Apartment567 sq ft⃃ 730,000Resale · Ready
03/10/2018Lake Terrace1 bed · Apartment796 sq ft⃃ 1,020,000Resale · Ready
01/10/2018Lake TerraceStudio · Apartment567 sq ft⃃ 750,000Resale · Ready
11/09/2018Lake TerraceStudio · Apartment567 sq ft⃃ 765,000Resale · Ready
09/09/2018Lake TerraceStudio · Apartment518 sq ft⃃ 690,000Resale · Ready
03/09/2018Lake TerraceStudio · Apartment517 sq ft⃃ 625,000Resale · Ready
03/09/2018Lake Terrace1 bed · Apartment746 sq ft⃃ 950,000Resale · Ready
02/09/2018Lake TerraceStudio · Apartment567 sq ft⃃ 600,000Resale · 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 2018 with the whole of 2017.
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/2018
Lake Terrace Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-terrace/2018

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 2018?
34 property sales worth ⃃ 31,072,700 were registered in Lake Terrace in 2018. That is 17.1% lower than 2017.
What was the median property price in Lake Terrace in 2018?
The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 1,341 (1 Jan – 31 Dec 2018).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/lake-terrace/2018