Project · Transactions · 2020

Lake Terrace Property Transactions 2020

18 property sales worth ⃃ 12.87M were registered in Lake Terrace in 2020, 21.7% lower than 2019 by number of sales. The median sale price was ⃃ 675,000 and the median price per square foot ⃃ 836 (−22.8% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 18 salesUpdated: 13 Nov 2026
Property sales
18
−21.7% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 12.87M
−26.7% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 675,000
+1.9% vs 2019
18 sales
Median price per sq ft
⃃ 836
−22.8% vs 2019
18 sales

What types of property sold in Lake Terrace in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1794.4%⃃ 12.24M⃃ 680,000⃃ 817
Commercial15.6%⃃ 630K⃃ 630,000⃃ 1,382

How were 2020 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)18100%⃃ 12.87M⃃ 675,000⃃ 836
Ready18100%⃃ 12.87M⃃ 675,000⃃ 836

What were the most expensive property sales in Lake Terrace in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/10/2020Lake Terrace3 beds · Apartment1,529 sq ft⃃ 1,100,000Resale · Ready
09/02/2020Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,031,990Resale · Ready
10/12/2020Lake Terrace2 beds · Apartment1,240 sq ft⃃ 930,000Resale · Ready
10/02/2020Lake Terrace2 beds · Apartment1,272 sq ft⃃ 900,000Resale · Ready
16/09/2020Lake Terrace2 beds · Apartment1,242 sq ft⃃ 825,000Resale · Ready
30/04/2020Lake Terrace1 bed · Apartment894 sq ft⃃ 780,000Resale · Ready
06/09/2020Lake Terrace1 bed · Apartment753 sq ft⃃ 700,000Resale · Ready
06/01/2020Lake Terrace1 bed · Apartment753 sq ft⃃ 700,000Resale · Ready
12/02/2020Lake Terrace1 bed · Apartment719 sq ft⃃ 680,000Resale · Ready
07/12/2020Lake Terrace1 bed · Apartment719 sq ft⃃ 670,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
23/12/2020Lake Terrace1 bed · Apartment739 sq ft⃃ 350,000Resale · Ready
10/12/2020Lake Terrace2 beds · Apartment1,240 sq ft⃃ 930,000Resale · Ready
07/12/2020Lake Terrace1 bed · Apartment719 sq ft⃃ 670,000Resale · Ready
11/11/2020Lake Terrace1 bed · Apartment796 sq ft⃃ 650,000Resale · Ready
04/11/2020Lake Terrace1 bed · Apartment753 sq ft⃃ 600,000Resale · Ready
11/10/2020Lake Terrace3 beds · Apartment1,529 sq ft⃃ 1,100,000Resale · Ready
16/09/2020Lake Terrace2 beds · Apartment1,242 sq ft⃃ 825,000Resale · Ready
06/09/2020Lake Terrace1 bed · Apartment753 sq ft⃃ 700,000Resale · Ready
02/09/2020Lake TerraceCommercial456 sq ft⃃ 630,000Resale · Ready
01/09/2020Lake Terrace1 bed · Apartment719 sq ft⃃ 650,000Resale · 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 2020 with the whole of 2019.
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/2020
Lake Terrace Property Transactions 2020. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-terrace/2020

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 2020?
18 property sales worth ⃃ 12,866,990 were registered in Lake Terrace in 2020. That is 21.7% lower than 2019.
What was the median property price in Lake Terrace in 2020?
The median sale price was ⃃ 675,000 and the median price per square foot ⃃ 836 (1 Jan – 31 Dec 2020).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/lake-terrace/2020