Project · Transactions · 2022

Lake Terrace Property Transactions 2022

42 property sales worth ⃃ 33.03M were registered in Lake Terrace in 2022, 40.0% higher than 2021 by number of sales. The median sale price was ⃃ 735,000 and the median price per square foot ⃃ 1,094 (+15.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 42 salesUpdated: 13 Nov 2026
Property sales
42
+40.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 33.03M
+65.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 735,000
+25.1% vs 2021
42 sales
Median price per sq ft
⃃ 1,094
+15.4% vs 2021
42 sales

How were 2022 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
Ready42100%⃃ 33.03M⃃ 735,000⃃ 1,094

What were the most expensive property sales in Lake Terrace in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/03/2022Lake Terrace3 beds · Apartment1,529 sq ft⃃ 1,775,000Resale · Ready
03/11/2022Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,500,000Resale · Ready
18/05/2022Lake Terrace2 beds · Apartment1,666 sq ft⃃ 1,275,000Resale · Ready
25/11/2022Lake Terrace1 bed · Apartment719 sq ft⃃ 1,230,000Resale · Ready
28/02/2022Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,200,000Resale · Ready
17/11/2022Lake Terrace2 beds · Apartment1,242 sq ft⃃ 1,100,000Resale · Ready
27/06/2022Lake Terrace2 beds · Apartment1,237 sq ft⃃ 1,030,000Resale · Ready
11/10/2022Lake Terrace2 beds · Apartment1,242 sq ft⃃ 1,025,000Resale · Ready
22/12/2022Lake Terrace1 bed · Apartment739 sq ft⃃ 1,000,000Resale · Ready
12/05/2022Lake TerraceCommercial456 sq ft⃃ 965,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
23/12/2022Lake TerraceStudio · Apartment492 sq ft⃃ 690,000Resale · Ready
23/12/2022Lake Terrace1 bed · Apartment746 sq ft⃃ 835,000Resale · Ready
22/12/2022Lake Terrace1 bed · Apartment739 sq ft⃃ 1,000,000Resale · Ready
20/12/2022Lake Terrace1 bed · Apartment744 sq ft⃃ 750,000Resale · Ready
07/12/2022Lake TerraceStudio · Apartment527 sq ft⃃ 625,000Resale · Ready
25/11/2022Lake Terrace1 bed · Apartment719 sq ft⃃ 1,230,000Resale · Ready
17/11/2022Lake Terrace2 beds · Apartment1,242 sq ft⃃ 1,100,000Resale · Ready
10/11/2022Lake TerraceStudio · Apartment517 sq ft⃃ 620,000Resale · Ready
10/11/2022Lake TerraceStudio · Apartment560 sq ft⃃ 640,000Resale · Ready
03/11/2022Lake Terrace3 beds · Apartment1,477 sq ft⃃ 1,500,000Resale · 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 2022 with the whole of 2021.
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/2022
Lake Terrace Property Transactions 2022. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-terrace/2022

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 2022?
42 property sales worth ⃃ 33,034,844 were registered in Lake Terrace in 2022. That is 40.0% higher than 2021.
What was the median property price in Lake Terrace in 2022?
The median sale price was ⃃ 735,000 and the median price per square foot ⃃ 1,094 (1 Jan – 31 Dec 2022).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/lake-terrace/2022