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Master Project · Transactions · 2016

The Lakes Property Transactions 2016

79 property sales worth ⃃ 360.61M were registered in The Lakes in 2016, 26.2% lower than 2015 by number of sales. The median sale price was ⃃ 3,600,000 and the median price per square foot ⃃ 1,230 (+13.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 79 salesUpdated: 14 Nov 2026
Property sales
79
−26.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 360.61M
−16.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 3,600,000
0.0% vs 2015
79 sales
Median price per sq ft
⃃ 1,230
+13.5% vs 2015
79 sales

What types of property sold in The Lakes in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas2227.8%⃃ 164.56M⃃ 5,050,000⃃ 1,446

How were 2016 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)67.6%⃃ 57.66M⃃ 8,801,444⃃ 1,564
Ready79100%⃃ 360.61M⃃ 3,600,000⃃ 1,230

How many rental contracts were registered in The Lakes in 2016?

166 rental contracts (new and renewed) were registered in The Lakes in 2016, at a median annual rent of ⃃ 280,000 (0.0% on 2015). Rental yields in The Lakes

What were the most expensive property sales in The Lakes in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/01/2016The Lakes Hattan 24 beds · Villa10,005 sq ft⃃ 18,000,000Primary · Ready
08/02/2016The Lakes Hattan 24 beds · Villa11,564 sq ft⃃ 16,000,000Resale · Ready
24/01/2016The Lakes Hattan 25 beds · Villa12,339 sq ft⃃ 15,350,000Primary · Ready
04/01/2016The Lakes Hattan 25 beds · Villa10,499 sq ft⃃ 13,700,000Primary · Ready
16/10/2016The Lakes Hattan 14 beds · Villa9,474 sq ft⃃ 11,250,000Resale · Ready
03/11/2016The Lakes Hattan 15 beds · Villa9,465 sq ft⃃ 9,250,000Resale · Ready
11/02/2016The Lakes Maeen4 beds · Villa5,273 sq ft⃃ 7,250,000Resale · Ready
14/08/2016The Lakes Maeen5 beds · Villa5,339 sq ft⃃ 5,850,000Resale · Ready
26/01/2016The Lakes Deema 34 beds · Villa7,242 sq ft⃃ 5,700,000Resale · Ready
06/03/2016The Lakes Deema 24 beds · Villa4,616 sq ft⃃ 5,250,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016The Lakes Deema 34 beds · Villa7,930 sq ft⃃ 4,999,999Resale · Ready
15/12/2016The Lakes Ghadeer3 beds · Townhouse5,106 sq ft⃃ 4,150,000Resale · Ready
14/12/2016The Lakes Ghadeer3 beds · Townhouse4,597 sq ft⃃ 4,200,000Resale · Ready
08/12/2016The Lakes Maeen3 beds · Townhouse3,926 sq ft⃃ 3,225,000Resale · Ready
07/12/2016Zulal 23 beds · Townhouse3,887 sq ft⃃ 4,400,000Resale · Ready
30/11/2016The Lakes Maeen3 beds · Townhouse2,530 sq ft⃃ 3,250,000Resale · Ready
30/11/2016Zulal 23 beds · Townhouse2,635 sq ft⃃ 2,750,000Resale · Ready
28/11/2016The Lakes Deema 24 beds · Villa4,682 sq ft⃃ 4,850,000Resale · Ready
27/11/2016The Lakes Maeen3 beds · Townhouse4,139 sq ft⃃ 3,800,000Resale · Ready
23/11/2016The Lakes Deema 13 beds · Townhouse4,682 sq ft⃃ 4,115,000Resale · 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 2016 with the whole of 2015.
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/the-lakes/2016
The Lakes Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes/2016

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 The Lakes in 2016?
79 property sales worth ⃃ 360,613,774 were registered in The Lakes in 2016. That is 26.2% lower than 2015.
What was the median property price in The Lakes in 2016?
The median sale price was ⃃ 3,600,000 and the median price per square foot ⃃ 1,230 (1 Jan – 31 Dec 2016).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-lakes/2016